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.
