The deal had already been agreed upon, and both parties knew each other, so the sale of the shares naturally went without a hitch. Xia Xu soon finished signing the contract with Fang Dahai.
Although the share price was supposedly calculated based on Flying Boat Studio's total assets, the studio was currently penniless. The only thing that could really be counted was the sales of Wulin Picture Scroll.
Wulin Picture Scroll had sold around three hundred thousand copies in each of its first two weeks on the market, but after that, sales had begun to level off due to the limits of the market and its target audience. Now, nearly a month and a half later, total sales stood at roughly nine hundred thousand copies.
At the game's price of sixty-eight yuan, Wulin Picture Scroll had generated over sixty million yuan in revenue in just that month and a half.
Of course, this was only a rough calculation. As the distribution channel, ST Gaming Platform took a thirty percent cut, and there were also factors such as promotional discounts, as well as taxes to pay.
By a rough calculation, Flying Boat Studio could currently receive a little over thirty million yuan in sales revenue. If they were paying dividends, they would also have to deduct statutory reserves and the like, but since they were selling shares directly to Zhonghai Investment, there was no need to account for those.
Applying a four-times multiplier to total assets of over thirty million yuan meant Flying Boat Studio's shares could be valued at a full hundred and twenty million yuan or more. With his seventy percent stake, Xia Xu could sell his shares for at least eighty or ninety million.
That was far beyond a net worth of ten million. Without accounting for taxes