Nexon revenues rise in early 2015

    
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After reading through Nexon’s financial report for Q1 2015, one can imagine the company skipping along while whistling a merry tune. Yes, it’s generally good news for the MMO publisher, as Nexon’s revenues are up 9% year-over-year and looking strong almost across the entire board. While revenue was down in Japan, it rose higher in North America during this period.

The company attributes its performance to rebounding titles (such as Dungeon & Fighter), the launch of DomiNations (an empire builder), and the Lunar New Year period. Nexon’s primary source of revenue is from PC games although its mobile division is accounting for around 16% of income. It’s also noteworthy just how much Nexon depends on Asia for its revenue: China (44%), Korea (39%), and Japan (11%) account for a vast majority, while North America, Europe, and other markets make up only a paltry 6%.

Nexon anticipates continued growth in the next quarter with several promising projects on deck, including MapleStory 2, Ghost in the Shell Online, and its partnership with Square-Enix to publish Final Fantasy XI Mobile.

Source: Nexon financials, Nexon press release
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Gavaevodata
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Gavaevodata

kgptzac Gavaevodata I agree with the customer service, Nexon is horrible. 

But Mabinogi is one of the best games when it comes to rebalancing older content. They’ve revamped pretty much everything besides dungeons since its initial release – just now they’re in the middle of a 3 part patch they call Renovation. Already revamped melee skills and weapons, magic just finished, and archery is next. Last year they redone puppets, cooking, and alchemy.

kgptzac
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kgptzac

Gavaevodata I played Mabinogi when the NA version became open beta and a few years after that.  During the period I lost faith in both devcat’s ability to iterate on existing content (balancing and fixing bugs) and Nexon’s customer service and general competence as a publisher.  I do wish being financially successful would change their ways would mean they’d improve (lol right).

Craywulf
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Craywulf

Devil Olive I had no idea there was an “Evilness scale”. Nor did I realize I needed to compare corporations. Really….Nexon isn’t liked by many and they are greedy but I’m not going pretend there’s some sorta scale that measures the wickedness of their deeds. Again I’m not a cheerleader, I am a consumer. I well judge the product and service….not the corporation itself on the basis of other corporations.

Devil Olive
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Devil Olive

Craywulf It’s not being a cheerleader, it’s knowing how to compare corporations on the Evilness Scale.

Gavaevodata
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Gavaevodata

Greaterdivinity Damonvile And Mabinogi! Both made by devCAT.

Gavaevodata
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Gavaevodata

I’m not one for Nexon, but devCAT (an inside studio of Nexon) makes some of my favorite games. Been playing Mabinogi and Vindictus for years now.

Kempomeester
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Kempomeester

Because they’ve been working with great developers.
Dirty Bomb came out which is a nice competitive FPS 
Another shooter coming out

Now if only they woul take on more honest monetization.

AvatarOP
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AvatarOP

SallyBowls1 whatever it is… even if those mini game cash grabs that nexon is pumping out make more money with your auntie than NcSoft’s products i don’t give a damn.

I root for NcSoft. They publish/invest in products that for the most part I like, find fair, and feel like they deserve to be treated with respect. (sure they did cancel some games and this and that, but i’d still MUCH rather NcSoft exist as a separate creative entity than the likes of nexon…)

SallyBowls1
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SallyBowls1

Now that we have the latest Nexon and NCSoft financials, has there be any analysts in Korea about how this affects the dynamic? Or is that still a thing?

Dais
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Dais

What’s Dungeon & Fighter?  Do you mean Dungeon Fighter, that NEOPLE took over?