How much do you think Entropia is worth?

Discussion in 'General Entropia Universe Discussion' started by Katielicious Kat Mallow, Feb 8, 2016.

  1. When I last looked, it looked to me as though there was a very significant debt on the balance sheet being all the player deposits and owned assets. The company is also not making any profit and turnover is low.
     
  2. NotAdmin

    NotAdmin Administrator

    I remember asking Marco the same question some years ago, and he hinted at 100mio back then.

    Their financial reports indeed paint a gloomy picture, but that could be intentional to avoid having to pay massive taxes.
     
  3. Unlikely as they have big 4 firm of auditors. They are gloomy because that's how it is
     
  4. If the china deal would have gone through, Im sure Jan Eric Haldo Welter Timkrans and his investor friends would have sold Entropia completely, for an undisclosed amount of money.
     
  5. Let's see; according to tracker, there is an active playerbase of ~5000 people; which on average deposit 25$ USD a week.
    The game is running (yeah, I know it has bugs) and the graphics are okay. (I'dd say good if they weren't such a resource hog)
    It has a freaky loyal playerbase.

    Now, the negative things:
    One fourth of the main planets income is given away. I know that they got 6M for that, but since that doesn't add any value.
    There are contracts with planets partners which restricts freedom.
    Growth potential is low being a niche game.
    It suffers from old age: huge difference between starting players an uber players in terms of eco. Game mechanics (armor, gun, tools crafting) breaking down to over supply of UL gear dropping over the years. Any big change would upset players and their "investments".

    I would estimate between 18 and 20 million maximum; considering the risks and the lack of tangible property. This is including the scenario of being able to attract new players by fresh management insights and stuff.

    Although, if I had the money to spend myself; I would value it below 10M; mostly because I consider any kind of virtual and technology thing that has no tangible goods overrated in current economy.
    Although if I were to buy it; I prolly fire most (if not the complete) board of directors. I hate top heavy companies. And a company this size should be managed by one person with vision; accompanied by teams each with a department head.
     
    • Like Like x 1
    • Agree Agree x 1
    • Thanks Thanks x 1
  6. Tass

    Tass Administrator

    Uhm, last year an ex-employee offered MA shares to someone you know at 1.2 SEK/share which would suggest a company value of ~ 20 Million USD. But not sure whether he manage to sell for that rate...
     
    • Thanks Thanks x 1
  7. If you want to get rid of some sh!t, sell it even cheaper ;p
     
  8. Is it possible to buy shares then?
     
  9. Is it possible to find sellers?
     
    • Like Like x 2
    • Agree Agree x 1
  10. Lets see how this years financial report will be as I saw some bigger changes compared to before in the positive way. The Uni ammo, yes the UA. All boxes / events provides this now with massive ELM and other tons of guns around, MA is "forcing" ppl to use those. You have L guns at TT and ammo won from events or from the boxes.

    Interesting to see the sheet!
     
  11. I'd say anywhere 10-20 mil USD, wish someone WOULD buy it and run it like a proper company
     
  12. Feels more like sub $5 million.
     
  13. See the video and maybe understand/realize how big game the EU is...so how many millions cost???:headscratch:



    Faceof is Dynamic...:whistle:
    Faceof...:cool (2):

    PS : after i post it i see on chat someone who looking for offer's for this : Omegaton Flashfire , just check only the the TT price...:whistling:
     
    Last edited: Feb 14, 2016
  14. Entropia has been unique, once.

    Entropia has been fed by publicity stunts only and never ever reached for... "millions of users".
    MA only tried to keep the existing, highly addicted, small user base...busy.

    They never did any proper advertisement, because...
    ...the dozens of highly addicted, rich fooks, are enough to keep the investors and MA "happy".
    It does not run at 100%...but sure, it could always be better. xD
    Their servers arent ready for millions of users anyway.

    Compet will be no competetion for any of those apps already out there,
    as MA jumped the Candy Crush train way too late.

    Entropia will probably NOT shutdown within the next 5 years, but it is no secret, that development nearly came to a full stop.
    Except you call daily events and a dull ingame world development. Just to take some recent things, totally ignoring the past....Im talking about "space becoming the most awesome place that you never want to leave again"...space missions...educational buildings at Athena Spaceport *lol*...beverages...in short, all the steady lies and broken promises, that they keep throwing at us again and again and again, since more then a decade...lies and broken promises that others cant SEE, because of the daily events, the buffs they need, the high end equipment they bought for a reason, the skills they dont want to loose...as it is annyoing to sell them...and just another investment.

    SEEing they tried to sell Calypso for 6 million, but failed and knowing the team behind this concept is nearly dead...realizing, that there have never ever been a public try to "buy out" and or "take over" of Entropia by some big competitor, could only mean, they didnt offer enough or never ever offered anything. My opinion. Leads me to the conclusion, that already 5 mio $ could make JWT thinking...if there wouldnt be Bridge Investment, and the banks as shareholders etc.

    At the same time I wonder, why someone like Activision, EA (Access), Sony or Zynga havent started a similar MMO by now.
    They "only" use monthly subscription fees, or use straight micropayment³ ...no cashouts...but it works. Even better. Billions of $ to be made.

    Im sure MA would like to make billions as well...but they are doing it wrong and entered "safe-mode" by now. Just ticking over. My opinion...even if its very obvious. ;p
     
    • Agree Agree x 1
  15. My opinion is MA need to invest in space and ASAP, real game space (galaxy with systems and numerous planets/moons planetoids to explore, meteorites and asteroids -mining zones, strange objects new type of resources like gas from Gas giant planets and other...) , also new small ships (1k -2k peds each...) with more modules, new type of ships with more automated weaponry, (player Star bases/ ships/ speed thrusters/shields / ECCM modules/Guided Missiles/ Turrets and more...) ... so unlimited development and EU become the Ultimate game to play and stay online forever...

    All the new space games changes now and is like the upcoming Star Citizen or the No mans Sky , Elite Dangerous have implement landing on planets for start and many others same concept came to get in Alpha stage and cant wait for them as Dual Universe and 3001SQ and many more other like Divergence-Online , GRAV ect ...so many options for gamers to choose and cheap to play...

    Faceof is Dynamic...:wise:
    Faceof...:cool (2):
     
    Last edited: Feb 16, 2016
  16. Ahhhh, visions and dreams of the playerbase...

    Even if I like your ideas, I read them for the 10th time by now and trust me, thats not what MA wants EU to be.
    We all had visions and dreams in here, since the year 2000. The original plan still is to turn Entropia into a "3D Shopping e-commerce-platform/internet".
    If the china deal would have gone through, we would have something truly different here today.

    Instead MA turned into a "Never change a running system"...and...decided to keep the highly addicted rich fooks...thats what "micropayment" was made for !
    If you understand that, you will also understand why "we" dont need "in-depth" updates and systems, but just things to throw PEDs at. (tamagotchi, buffs, tier upgrades, explosive ammo etc.) and on top of it, a standard online casino with Entropia feelings, that deserves no further attention.

    MA canceled and postponed so many systems, ideas and partnerships...just forget about it. It will only make you sad.
    It will never again be an alienated, immersive, "in-depth" sci-fi experience...except someone is willing to buy MindArk and fire everyone...to turn it into a real Universe with RCE...
     
    Last edited: Feb 17, 2016
    • Agree Agree x 1
    • Winner Winner x 1
  17. Puck

    Puck Puck

    Ahh, the beverages... :beerchug:
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.