Pearl Abyss Q3 2020: EVE Online’s revenues are up 45% YOY, Crimson Desert reveal coming in December

    
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Pearl Abyss Q3 2020: EVE Online’s revenues are up 45% YOY, Crimson Desert reveal coming in December

It appears it’s been hard for many gaming companies to top or match their revenue earlier this year when many customers were captive audiences, but that doesn’t mean every MMORPG is struggling. As it turns out, Pearl Abyss has dropped a bit off its peak, but not dramatically so. According to the company’s third quarter 2020 financial report, it’s suffered only a slight dip in overall revenue quarter over quarter and year over year.

The company’s key live MMOs tell the whole story: Black Desert has seen revenues at their lowest in a year, down 13% quarter over quarter and 19% year over year. But EVE Online – yes, remember, PA owns CCP Games – is doing so well I had to double-check my math. While it makes far less money than Black Desert, it’s outperforming its own revenues, as Q3 turns out to have been one of its strongest quarters in quite a while, with a 12% bump QOQ and a whopping 45% revenue increase since this time last year.

The breakdown by region and platform is always worth a note too, as unlike a lot of companies that build MMORPGs, Pearl Abyss still sees almost half of its revenue come from North America and Europe with almost an even split for mobile and PC (console in a distant third place). Market share for the company’s PC business and western business has increased significantly since Q3 2019, to boot.

As for the future, PA continues to talk up the Japanese release of EVE Online and EVE Echoes and a major Crimson Desert reveal in December. Shadow Arena is also slated for another round of beta.

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Evasive Dice

Taking advantage of gambling addicts are extremely profitable. It’s a gambling game in mmorpg form. It’s pretty genuius honestly.

Even if you didn’t think of yourself as a gambler, this game targets you specifically. I’m honestly impressed how they built an entire mmorpg to cater to people who normally wouldn’t normally play these kind of “odds” games.

It’s addictive, you give them money, you play the RNG that makes up most of its entire system, you lose, you give them more money.

Take a step back and you’ll realize your not actually having fun but your compelled to keep playing it and testing the odds. From grinding, to gear enhancements. All can be softened and reasonable with some $$$. Not gonna lie, played the game 3 years, only spent about 70 bucks on it before putting it down and realizing the game preys on addiction.

I’m honestly not surprised their revenue is up. It’s not because the game is fun though, it’s because it drives unhealthy addictions, it was a pretty clever market tactic honestly, the entire game is a gacha gambling system. Wrapped in shiney graphics.

Gambling sites makes millions, this is just a different way to deliver that to people who don’t normally play casinos and bet on sports.

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Nosy Gamer

For EVE, the figures are for the EVE IP, not just EVE Online. PA stated on the call that revenue as up 30% from core users (I think that’s Omega/subscribers) and increased revenue from China. Q3 was the first full quarter since the Serenity server relaunched. Then add in the revenue from EVE Echoes which launched in August.

One thing they didn’t mention on the call was revenues were down in Q3 2019 due to the Blackout experiment CCP conducted in null sec. That probably bumped up the YoY numbers a bit as well.

And yes, I listened to the call live :)

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Kickstarter Donor
squid

BDO has gotten overly-complicated, especially in regards to upgrading gear and their non-stop events. Just trying to upgrade to a mid-tier boat and I’ve got to get various quantities of ten different things that are processed from 20 different other things that come from quests that are time-gated or similarly-gated special currencies and systems etc, etc, leaving me to juggle scores of different components that have to be stored somewhere, tracked, etc. To make things worse, they’ve started making quite a few items no-drop, so you can’t get help from other players—you have to farm nearly everything yourself. It really just sucks the life out of the game. To do this one boat upgrade (not even top-tier, mind you), would probably take me a month or two of daily checklist tasks. Literally none of this is explained in-game (apart from a handful of item tooltips). You have to go back and read old patch notes or online guides to figure this stuff out. That’s just one example of how needlessly complicated progression has gotten.

I get that BDO’s mantra is “It’s a marathon, not a race” but I find it hard to bother trying anymore.

LifeLine91
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LifeLine91

As a newer BDO player – i feel this lol. I got into BDO recently as a side thing to mindlessly grind in with a fun combat system, which is exactly what it has.

What I wasnt expecting is its so cumbersome, so many things on the UI, so many items I dont understand the function it serves, overly RNG… i enjoy the combat for what it is, but I already have Eve Online in my life which just seems to have a much more fruitful (/non-RNG) gameplay… not worth getting into BDO which has some of Eves drawbacks but in my perspective has a lot less interesting gameplay

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Robert Mann

I will see if they have changed from combat and management style other stuff, and if so I might actually be interested. My little adventures left me feeling like I was far too limited in anything other than those two areas, and I don’t really want to manage a supply/crafting chain so much as specialize within a broad amount of options for that to where the people who are involved are actually noteworthy.

It’s not something everyone wants, of course, and if it’s not aimed at me then I shall simply, once again, wish well for those it is aimed at. Eventually a game that isn’t over-simplified, over-automated, or ‘everyone does everything’ in those craft/explore/non-combat aspects will come along for me.

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Toy Clown

I’m looking forward to more information coming out about Crimson Desert. I finally quit BDO for good this year and removed it from my computer during the summer. I hope Crimson Desert will be more engaging and less about grinding and 30$ outfits.

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Nosy Gamer

There’s supposed to be an event next month with game-play footage. PA wouldn’t commit to cross-platform play, even though they are going to launch simultaneously on both consoles & PC. They also mentioned the game will have a better storyline than Black Desert. PA reiterated that the game is still scheduled for a Q4 2021 launch.

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Toy Clown

I’ll keep an eye out for it, thanks for the head’s up. Ohh…. I didn’t realize they were so close to launch!