"We rely on borrowings to meet our operating needs," Atari said, after revealing that the company's net revenues for fiscal 2008 were a relatively diminutive $80.1 million, reports Kotaku.
This is a sharp decline from fiscal 2007's $122.3 million in revenue and continues a trend of diminishing profits for the firm who, in fiscal 2005, earned $343.8 million in revenue.
In addition to their loans, Atari also relies heavily on their Dragonball Z licensed games. According to the firm, that license alone accounts for 49.1 percent of their total revenue.
Image courtesy Atari
Infogrames-Controlled Atari Gets 49 Percent Of Publishing Revenues From DBZ [Kotaku]
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