May 28, 2023

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Nexon has launched its earnings for the primary quarter of the 12 months, posting vital development and handily beating its forecasts for each gross sales and web revenue.

The Numbers:

  • Income: ¥124 billion ($915 million), up 36% year-on-year
  • Internet revenue: ¥53.3 billion ($393 million), up 33% year-on-year

The Highlights:

Nexon’s outcomes had been pushed by a handful of its titles in particular areas.

FIFA On-line 4 posted record-breaking revenues in Nexon’s largest market, Korea, as FIFA Cell likewise beat expectations and helped drive the corporate’s outcomes.

Elsewhere on the planet, Dungeon&Fighter had a powerful exhibiting in China, and anime-styled navy motion technique sport Blue Archive drove revenues in North America, Europe, and Japan.

Not all the things exceeded expectations, as MapleStory, Dungeon&Fighter Cell, HIT2, and KartRider: Drift all fell wanting expectations in Korea.

Nexon mentioned MapleStory “energetic customers decreased as they had been dissatisfied with the imbalance within the issue of character growth throughout servers,” however that the corporate addressed it shortly and engagement is on the rebound.

It additionally expects MapleStory to see vital year-over-year will increase within the present quarter, as a twentieth anniversary promotion in April was effectively obtained and it has a big content material replace deliberate for June.

Wanting forward, Nexon projected the present quarter to see revenues rise between 5% and 15% year-over-year, with web revenue declining between 27% and 6%.

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