Nexon Reports Record-High Q2 Sales

The company's revenue saw a 50% increase driven by sales of FIFA Online 4, Dungeon&Fighter, and MapleStory.

Yesterday, Nexon released its financial results for the second quarter of 2022 reporting a new record for second-quarter sales.

According to the report, the company's revenue in Q2 2022 amounted to ¥84.1 billion ($636 million) which reflects a 50% increase compared to the same period in the previous year. PC sales accounted for the major part of Nexon's total revenue and reached ¥55.6 billion ($420 million) while mobile revenue was ¥28.5 billion ($216 million).

Nexon's net income in the quarter saw a significant increase of 176% reaching ¥24.7 billion ($187 million), and operating income rose by 47% and amounted to ¥22.7 billion ($172 million).

The company attributes the year-on-year increase in revenues to the high sales of FIFA Online 4, Dungeon&Fighter in China, and MapleStory in Korea, as well as contributions from the mobile version of Dungeon&Fighter.

Additionally, the company noted that FIFA Online 4 exceeded its expectations doubling its revenues across PC and mobile while achieving record high quarterly revenue. Apart from that, the title saw an increased number of monthly active users as well as paying users and average revenue per paying user.

Other Nexon games also showed positive results – MapleStory grew revenues in Korea by 38% year-over-year and Dungeon&Fighter brought the company 34% growth compared to the previous year.

In the third quarter of 2022, the company expects to reach revenues of ¥96 billion ($726 million) to ¥104 billion ($787 million), up 27% to 37% year-over-year. It also forecasts a net income between ¥26.4 billion ($199,6 million) and ¥21.6 billion ($163 million), down 30% to 43% from Q3 2021.

You can find the full report here. Also, don't forget to join our Reddit page and our Telegram channel, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more. 

Join discussion

Comments 0

    You might also like

    We need your consent

    We use cookies on this website to make your browsing experience better. By using the site you agree to our use of cookies.Learn more