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Vespa – King’s Raid developer returns to profitability in Q4 2019

Vespa Interactive, the Korean developer behind King’s Raid, today announced its financial results for Q4 2019 (October to December). To summarize, it recorded a revenue of nearly USD 27 million, with an operating profit of around USD 1.4 million. Compared…

Pearl Abyss – Black Desert developer reveals financial results for Q4 2019

This is the time where all major game companies which are stock-listed to reveal their Q4 2019 (October to December) financial results, and Pearl Abyss did not disappoint with theirs. In the final 3 months of 2019, Pearl Abyss raked…

Nexon – Latest financial presentation shows SINoALICE is still in the pipeline

Nexon today released its financial results for the 4th quarter of 2019 (from October to December), and we were surprised to see that SINoAlice is still in the pipeline. A game from Square Enix developed by Pokelabo, it was slated…

NCsoft – Guild Wars 2 on mobile mentioned during financial call

NCsoft recently published its financial results for the 2nd quarter of 2019 (from April to June), and once again the South Korean developer and publisher was saved by Lineage. Currently at 21 years old, the recent Remastered update and Free-to-Play…

Nexon – No new PC games planned for 2019 outside of South Korea

Yesterday, big Korean game companies such as NCsoft and Nexon announced their financial reports for the 4th quarter of 2018 and also for the year. In Nexon’s latest presentation slides to shareholders, it was revealed that there are no PC…

NCsoft – Mobile gaming is key as sales occupy 66% of quarterly total

For the 4th quarter of 2018 (October to December), sales from NCsoft’s mobile games contributed a massive 66% of the company’s total sales. You might be surprised, given that NCsoft doesn’t really have that many mobile games with just 4…

Funcom – Developer posts stellar quarterly financial report and reveals new projects

Since founded in 1993, Norwegian developer Funcom has seen several ups and downs (layoffs and financial struggles), especially in recent years. However, in the 3rd quarter 2018 financial report, Funcom announced it is finally debt-free as of 4 October 2018.…

Wemade Entertainment – Korean developer posts massive loss for Q3 2018

It is the time of the year when publicly listed companies around the world post their financial numbers for the 3rd quarter of 2018, and game companies are no exception. While most big Korean game companies are posting record profits,…

Nexon – Major investment in new European developer announced

After revealing its 14 games for G-Star 2018, Nexon announced its financial results for the 3rd quarter of 2018 earlier today. The game giant posted record-high revenues, operating income, and net income, driven by continued strength of its biggest franchises…

Nexon – First quarter financial results for 2018 reveals upcoming new games

It is the season for companies to reveal their quarterly finances, and Nexon is included as well. Stock-listed in Japan, the total revenue for Nexon’s first quarter of 2018 (Jan to Mar) stands at 90.514 billion JPY (around USD 827…

Pearl Abyss – Quick look at first financial report from Black Desert developer

Pearl Abyss, the Korean developer of the popular Black Desert Online, officially got listed on the stock market last year. Today, its first financial report was released for the first quarter of 2018 (Jan to Mar). In a nutshell, Peal…

Tencent Holdings – Over USD 10 billion profit achieved for year 2017

Tencent Holdings Limited, the largest IT company in China, recently announced its financial results for the year of 2017. While you may have known its subsidiary Tencent Games, the company is also behind China’s top chat app (WeChat), online messenger…