Nexon Q2 2015 finances strong thanks to MapleStory 2 and mobile

It's another good quarter for free-to-play developer Nexon. The company posted its Q2 2015 financial report today, and while profits are slightly down from Q1, they're still up 16% from the same time last year. During the quarter, Nexon brought in 42.7 billion yen (about $343.1M).

A fourth of that revenue was thanks to Nexon's mobile titles, which the company says have been doing exceptionally well. "We are also pleased with the momentum we saw in mobile, particularly in native mobile games, which doubled in revenues year-over-year," CEO Owen Mahoney said.

Nexon also credited titles such as Dungeon & Fighter, MapleStory 2, and DomiNations as contributing to the quarter's success. It also helped that operating expenses and taxes were lower than expected for the period.

Source: Nexon press release
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12 comments
SallyBowls1
SallyBowls1

Another site pointed to the CEO's recent Bloomberg interview.


Nexon beat so it was a interview.  But at the end, the interviewer said she needed to "ask about an underperformer, you own 15% of Korean publisher NCSoft" and "there is speculation you will take it over"


His response ended with something like "we hope to be able to move the relationship forward in some manner in the coming months."

Grimmtooth
Grimmtooth

I would say at last some good financial news for the MMO industry this year but, do they really count as an MMO company until they buy out NCSoft?

Damonvile
Damonvile

@Grimmtooth They do run about 40 of them but until they buy ones you know about...probably not ?

Grimmtooth
Grimmtooth

@Damonvile @Grimmtooth I'm guessing they are mostly in asia & I couldn't play them even If I wanted to. I'm being lazy in addition to clueless.  (opens mouth further & removes all doubt)

Dystopiq
Dystopiq

Not surprised. MS2 is insanely popular right now and a major patch just came out.

Dystopiq
Dystopiq

A shit ton of people play MS2. Like a lot. It's one massive server with 200 channels

SoMuchMass
SoMuchMass

Never realized Nexon was that much bigger than NCSoft.  Making 90% more revenue during 2Q'15 vs. NCSoft, wow.

Damonvile
Damonvile

They're a massive company but unlike EA or NCsoft who really gives a shit how much they make :)

Dystopiq
Dystopiq

Nexon owns a stake in NCsoft they're biiiig.