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Revenue
12 Months Ended
Dec. 31, 2023
Revenue  
Revenue

7.   Revenue

The following table summarizes revenue from contracts with customers for the years ended December 31, 2023, 2022 and 2021:

2023

2022

2021

In-game purchases

 

434,326

459,660

406,594

Advertising

 

30,223

20,028

27,500

Total

 

464,549

479,688

434,094

The following table sets forth revenue disaggregated based on geographical location of our payers:

2023

2022

2021

US

 

163,818

 

160,314

 

136,570

Europe

 

117,183

 

101,320

 

93,620

Asia

 

111,123

 

124,322

 

106,404

Other

 

72,425

 

93,732

 

97,500

Total

 

464,549

 

479,688

 

434,094

90% of the Group’s total revenues for the year December 31, 2023 was generated by Hero Wars game title (96% - for the year ended December 31, 2022 and 99% for the year ended December 31, 2021). Of our total revenues, 348,032 (Note 26) is revenue recognized over a period of time and remaining revenue concerns revenue recognized at a point in time. During the years ended December 31, 2023, 2022 and 2021 no individual end customer accounted for more than 10% of our revenues.