Australian games studios generated AU$184.6 million ($140.4 million) in the past year.
That s an increase of 29% compared to the previous year, with 87% of this revenue generated from overseas.
The figures come from a new industry survey by local trade body the Interactive Games & Entertainment Association (IGEA), which questioned staff at 97 studios and encompasses financial year data from July 1, 2019 to June 30, 2020.
The survey found there are more than 1,245 full-time development staff in Australia 80% of which are male. 17% identified as female, while 3% were trans, non-binary or gender diverse.
Many of the nation s development studios are relatively young, with 51% only founded in the last five years. 29% were between six and ten years old, with only one in five operating for more than a decade.