Company: DKI
Filing Date: 2025-06-13
Form Type: F-1
Source: 0001641172-25-015001
Chunk: 84

Company: DarkIris Inc.
Filing Date: 2025-06-13
Form: F-1
Chunk 84
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. Future growth in our player base will depend on our ability to retain existing players, attract
new players, acquire or launch new games and features, and expand into new markets and distribution platforms.

The following operating metrics are the key performance indicators we use to evaluate our business. The primary drivers of changes in these metrics are listed below in order of importance:

For the Six Months ended March 31, 2025 and 2024

Daily Active Users

We define Daily Active Users (DAU) as the number of individuals who played one of our games on a given calendar day. Under this metric, a player who plays two different games on the same day is counted as two DAUs. The Average DAU for a particular period is calculated by averaging the number of DAUs for each day within that period. We believe DAU is a useful metric to measure the scale and usage of our games on a specific day, and it more accurately reflects player engagement with our games.

|                              |     | For the Six Months Ended March 31, |       |     |      |       |
|                              |     |                               2025 |       |     | 2024 |       |
| Quarterly Average DAU(1)     |     |                                    |       |     |      |       |
| Q1 (October 1 – December 31) |     |                                    | 4,164 |     |      | 5,627 |
| Q2 (January 1 – March 31)    |     |                                    | 4,471 |     |      | 7,572 |

(1) Quarterly Average DAU refers to the Average DAU calculated on a quarterly basis, facilitating year-over year comparisons.

The decline in DAU in the Q1 of 2025 compared to the same period in 2024 is mainly due to the impact of the lifecycle rhythm of certain mature products. Among them, “Hammer Explosion Wulin”, “Little Zombie” and “Guardian Domain” are gradually entering the later stage of operation, and investment has been reduced, with a focus on long-term revenue harvesting strategy. In addition, during Q1 and Q2 of the 2024 fiscal year, ‘Nine Sky Spirit Snake Record’ was at its peak of performance, which raised the base for the same period and further amplified the year-on-year decline.

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Monthly Paying Users

We define Monthly Paying Users (MPU) as the number of individuals who have made at least one purchase of