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Nintendo Australia have reported a staggering 41% fall in revenue, with ailing Wii sales and a lack of Nintendo 3DS momentum once again to blame.

Within their latest financial results, filed with the Australian Securities and Investments Commission this month, the company reported revenues of $200.1 million, down from $339.7 million during the previous year.

More strikingly, Nintendo Australia stated that they made an $11.4 million net loss, in comparison to the $3.6 million net profit made in the year prior.

[Thanks Delimiter]

Alex Seedhouse

Alex Seedhouse

After starting out with a Yellow Game Boy and a copy of Donkey Kong Land, Alex once hid in his room to play The Legend of Zelda: Ocarina of Time one Christmas. Now he shares his thoughts on Nintendo Insider, keeping track of everything to do with Nintendo.