NCsoft’s fourth quarter 2015 financial report is in. The Korean gaming giant reports that its quarter-over-quarter sales, operating profit, and net income are all up, 21%, 48%, and 38%, respectively. Year-over-year, however, the quarterly numbers aren’t so rosy. Sales were up just 1% YOY, while operating profit fell 14% and net income fell 32%.
NCsoft says that its QOQ sales and profits were up thanks to “balanced growth from all major IPs” and that “operating marging reached 32% driven by an increase in high-marging overseas royalty revenue.” Guild Wars 2 in particular “surged” upward in the fourth quarter thanks to Heart of Thorns; NCsoft says GW2Â “solidified its position as a main revenue driver by adding on expansion pack sales to stable in-game item sales.” Even WildStar saw quite bit of a bump in the quarter, though it’s down significantly YOY. The Lineage and Blade & Soul franchises are also credited as hitting full-year sales records (and the quarter closed long before B&S’ launch here, which is going rather well already).
For 2015 on the whole, the company maintained flat sales growth “equal to [its] historic peak of 2014,” with drops for operating profit and net income compared to 2014’s numbers.
