NEXON hits 30 years outdated this 12 months and thus far, it has been a reasonably stable 12 months. The newest financials, targeted on the firm’s third quarter (Q3) efficiency ,reveal a couple of titles headed up, a couple of holding regular, and an incoming loss that would trigger This autumn outcomes to be moderately flatlined.
First, the nice. MapleStory continues to be on the come up, type of. Income continues to rise in key areas outdoors of Korea, with 40% of the sport’s income coming from areas outdoors the nation, a 23% enhance. That is an honest enhance and one NEXON actually desires to see, even when the sport’s general revenue is down a bit in comparison with a robust third quarter final 12 months. Final 12 months’s “sturdy Q3” will likely be a pattern with all different video games within the report, together with FC.
Dungeon&Fighter proceed to rake within the money, although. The cell model’s launch of D&F in China led to an insane 142% progress for the franchise. The remainder of cell is principally down throughout the board, although. China cell reveune is up because of the launch, however the PC is slowly turning into extra vital to NEXON’s portfolio.
extra “horizontal progress,” we begin off with The First Descendant. The looter-shooter was listed as a “important contributor” to the corporate’s funds with a particular nod to western audiences driving 75% of the income. Each The Finals and ARC Raiders (which will likely be a part of the corporate’s G-Star present this 12 months) are going to be depended upon for secure This autumn efficiency.
Talking of This autumn, NEXON is bracing for a possible loss later this 12 months, relying on revenue. On account of a pay as you go royalty impairment on a cancelled venture, the corporate is forecasting a moderately flatline This autumn at finest, “a bit of up or a bit of down” sort scenario.
NEXON does nonetheless count on to finish their inventory repurchase plan by February 2025, although.
