The global economy is imploding. It's so bad that even economic powerhouse Nintendo has revised its forecasts. Everyone is bleeding money. Everyone except Majesco.
Majesco? Yes, Majesco. You know, the game publisher who brought you Cooking Mama, Cake Mania and some fitness game with Jillian Michaels (pictured). For the quarter ending January 31, 2009, Majesco's net revenues jumped up 75.8 percent and net income increased 54 percent.
"Our success was driven by strong demand across our product line, specifically for our Cooking Mama titles and the newly released Jillian Michaels' Fitness Ultimatum 2009, which has become a hit with approximately 500,000 copies sold to date," said company CEO Jesse Sutton. "We are well positioned to capitalise on the increasing demand for family friendly mass market games, the fastest growing segment of the industry, which in part is being driven by the success of Nintendo's platforms."
Later this year, Majesco will publish Gardening Mama and Major Minor's Majestic March. Oh, it will also make money.