Snail (SNAL) H.C. Wainwright 28th Annual Global Investment Conference summary

Financial performance and audience engagement

• Reported $47 million net revenue and a narrowed net loss of $900,000 for the first half of 2026, reflecting improved financial discipline and ongoing audience engagement.

• ARK franchise has generated $1.1 billion in cumulative gross revenues and 4.5 billion hours of Steam playtime through June 2026, demonstrating strong player retention and franchise longevity.

• Revenue patterns are closely tied to new game and content releases, emphasizing the importance of continual innovation to sustain player interest.

Strategic direction and portfolio development

• Strategy focuses on expanding established franchises, aligning creative ambition with profitability, and exploring new opportunities in AI and digital assets.

• Portfolio includes continued investment in ARK, new AAA titles, and projects leveraging existing universes like Age of Wushu, aiming to attract diverse player interests.

• Cost control and disciplined project selection are prioritized to ensure sustainable growth and effective capital allocation.

Innovation in digital assets and AI

• Exploring Stablecoin integration for in-game payments and digital rewards, with progress measured by concrete milestones and regulatory compliance.

• AI initiatives include developing non-human player companions to enhance solo gaming experiences, focusing on practical improvements to player engagement.

• New technology projects are evaluated separately from core business, with risk and maturity levels carefully considered.