NCSoft's Q1 Financials: Lineage Drops, B&S Rises, And New Mobile Title Excels
NCSoft had a banner quarter at the end of last year. Its total sales were among the highest ever recorded, fueled in large part by the biggest quarter ever from Lineage.
Things were bound to return to normal, so they did -- and then some, for NCSoft's most profitable brand.
Lineage followed up its best quarter ever with its worst quarter in three years, dropping more than half its sales, from 118.4 billion Korean won to 51.5 bKRW. That is, according to the report, "due to the early sales recognition in 4Q and weaker traffic from anticipated Lineage M demand." Lineage M is a mobile RPG based on the PC title that's still in development.
Three of the other named titles in the financial report -- Lineage 2, Aion, and Guild Wars 2 -- also experienced small downturns in sales, while Blade & Soul had a nice uptick, from 39.4 bKRW to 44.6 bKRW. Overall, the quarter's sales were about in line with what we've saw throughout 2016, discounting Q4:
Strong royalty payments were the key this month, accounting for over 1/4 of NCSoft's total sales. They were driven by Netmarble's Lineage 2 Revolution, which launched on mobile devices in Korea in December and apparently was the highest grossing mobile title in the world in February. Yes, even more than Pokémon Go or anything with a Kardashian, Upton, or Schwarzeneggar in it. It's little surprise, then, that the game will be coming to other territories as soon as Netmarble can manage.
You can get the full financial report on the NCSoft Investors Relations page.
About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
You May Enjoy
343 Industries Apologizes After The Release Of An Offensive Halo Infinite Juneteenth Cosmetic
The cosmetic has since been renamed “Freedom”.By Aspen Pash - 1 week ago
ESO’s High Isle Launch Has Finally Arrived On PlayStation and Xbox Consoles
The time to explore the new zone and enjoy the latest ESO adventure is now.By Aspen Pash - 1 week ago
As Expansion Nears, Looter Shooter RPG Outriders Goes Free-To-Play On Steam For A Limited Time
Seems like the devs are trying to bring in a new crowd for its upcoming Worldslayer expansion.By Anthony Jones - 1 week ago
Call Of Duty: Vanguard & Warzone Season 4: "Mercenaries Of Fortune" Is Now Live On All Available Platforms
Between Warzone's new battle royale map and the return of Zombies in Vanguard, there's quite a lot to play.By Anthony Jones - 1 week ago
World Of Tanks Blitz Partners With Dr. Disrespect To Celebrate 8-Year Anniversary, New Tiered Mission And Rewards Now Live
An unexpected crossover for this big milestone.By Anthony Jones - 5 days ago
Even More Board Ratings Indicate Skull & Bones Might Actually Launch At Some Point
The game has been rated in South Korea and Brazil.By QuintLyn Bowers - 1 week ago