Nexon's Q3 Financials Shows Quarterly Growth, Though Down Year-Over-Year

Jason Winter
By Jason Winter, News Editor Posted:
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The latest financial report from Nexon came through today, showing solid growth across nearly every region, including the typically soft North American and European regions. Even though the numbers were down from Q3 2015, they "exceeded our outlook," according to a Nexon press release, so everything's good, right?

China and Korea, which account for 80% of Nexon's revenue, split almost equally, both praised Dungeon&Fighter, while MapleStory "performed especially strongly" in Korea. Japan's PC revenue was actually up slightly, thanks to Tree of Savior, which launched in September, but overall revenue dropped for at least the fourth straight quarter.

Meanwhile, Riders of Icarus was credited with strengthening NA/EU revenue, along with mobile title Heroes of Incredible Tales (HIT), which launched globally in July.

It's predicted that Q4 of 2016 will also be down slightly, though the matter is made more complex by a new "constant currency" method being used to better reflect Nexon's complex multi-national operations and the various exchange rates that are applied when dealing with currencies from Japan, Korea, the U.S., and Europe. In particular, the company is excited about exhibiting 35 games -- 28 mobile and seven PC -- at G-Star from Nov. 17-20.

You can check out the full financial report on the Nexon investors' site (direct link).

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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.

More Stories by Jason Winter

Discussion (7)

Flounker 7 years ago
Well can't play from east asia.Already contact support they can't do about it.Both from Steam and offical can't play.

rickshaw 7 years ago
I don't get the rush for mobile games creation. when the pc is the dominant one. There is going to be a absolute influx/muddle of stuff in a minute for mobiles, which will only benefit a very tiny amount of devs, where as the PC is a home computer, this where people like to relax. Mobile games last not too long, as they are now only used as an excuse not to look or talk to anyone while people are outside going about whatever they do. One such mobile game that does not follow this trend though is pokemon go, which actually causes social interactions.
so..
PC = Chillax & play.
Mobile = excuse to be ignorant. Jump n play the next one.

View 1 reply
ASD 7 years ago
Riders of icarus could be better but it's a good game I guess.

Flounker 7 years ago
Can't play Riders of Icarus play from East Asia.Region blocked.

View 1 reply

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