The popular fitness franchise Zumba Fitness once again drove revenue and profit growth for Majesco.
For the quarter ending January 31 the company posted revenues of $66.2 million, a 37 per cent increase year-on-year increase from $48.5 million. Net income for the quarter was $7.7 million, versus $6.8 million in the same quarter last year.
Majesco's performance is largely due to the success of Zumba Fitness 2, which has sold more than 1 million units world wide since its launch in November last year.
The franchise now has lifetime sales of 6 million units, and Majesco expects that figure to increase following the February release of the Kinect exclusive, Zumba Fitness Rush.