Nexon Touts "Record-Breaking" Q1 Results, More Games And More Revenue Expected Someday

Jason Winter
By Jason Winter, News Editor May 14, 2018
Share:

MapleStory 10th Anniversary Infographic 1

Given its relatively small presence here in the West, Nexon's quarterly financial statement usually isn't as interesting as NCSoft's, but we're here to take a look at the Q1 edition of the report anyway. The overall tone is positive, as shown by the first line of the CEO synopsis:

Record-breaking quarterly results. Double-digit year-over-year growth in revenues and operating income. Net income more than doubled.

MapleStory, which celebrated its 15th anniversary, is singled out for having 11% growth worldwide on a year-over-year basis. The rest of the report covers the usual: mobile titles, Korean/Chinese titles, and so on.

Outside of those two countries, the rest of the world -- Japan, North America, and Europe/others -- brings in just 11% of Nexon's revenue. In particular, Japan's revenue fell for the fourth straight quarter, while NA revenue rose for the third straight, thanks in large part to the acquisition of Pixelberry Studios, which keeps raking it in.

In terms of new games, MapleStory 2 is the only PC game scheduled for "Q2 2018 and beyond" for non-Asian territories. Nexon optimistically anticipates a 70-90% increase in YoY revenue in North America. How optimistic is the company? Enough to produce this amazing chart:

Let's take a look at this. There's only one label, 2018. The far right end of the chart represents some unspecified point in time. Could be next year, could be five years from now. And "New PC/Mobile" and "The West" -- which apparently is at zero revenue right now, in 2018 (they're not) -- will grow. How much will they be making? More! We didn't label anything, though, just ... more! Later! And there will be mergers and acquisitions! Sometime!

Share:
Got a news tip? Contact us directly here!

In this article: MapleStory, Nexon.

About the Author

Jason Winter
Jason Winter, News Editor
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.

Discussion (0)


You May Enjoy

Smite Announces 2022 Community And Content Creator Cups

Smite Announces 2022 Community And Content Creator Cups

Community cup signups are open to everyone.

By QuintLyn Bowers - 3 days ago
Tencent Suspended From Launching Or Updating Apps In China

Tencent Suspended From Launching Or Updating Apps In China

Chinese government bills the measures as "temporary administrative guidance."

By Jason Winter - 3 days ago
SoulWorker Celebrates The Season With The Junk Queen Raid And Black Friday Sales

SoulWorker Celebrates The Season With The Junk Queen Raid And Black Friday Sales

Take on new story-based raids, receive new costumes, and take advantage of Black Friday items on the store.

By QuintLyn Bowers - 4 days ago
Bobby Kotick Says He Will "Consider" Resigning As Activision CEO If Workplace Culture Isn't Fixed "With Speed"

Bobby Kotick Says He Will "Consider" Resigning As Activision CEO If Workplace Culture Isn't Fixed "With Speed"

And OJ is still looking for the "real killers."

By Jason Winter - 5 days ago
Strap On That Lightsaber, We're Previewing Legacy Of The Sith With The SWTOR Team...And We Have A Code For You!

đź’Ł Feature | Strap On That Lightsaber, We're Previewing Legacy Of The Sith With The SWTOR Team...And We Have A Code For You!

The team wouldn't give us any information on a character featured in the expansion's artwork, though.

By Troy Blackburn - 1 week ago
Bungie Is Celebrating Its 30th Anniversary With Destiny 2 DLC…That You Have To Buy?

Bungie Is Celebrating Its 30th Anniversary With Destiny 2 DLC…That You Have To Buy?

On top of that, it won’t work with Cross Save.

By QuintLyn Bowers - 1 day ago
See More
Live Giveaways