Kakao Games’ first financial report covering 2024 is out today, and perhaps not surprisingly, Q1 wasn’t particularly great or garbage for the Korean gaming giant. The company reported to investors that its revenues were down 1.2% since Q1 2023 but up 2.6% since last quarter, with the losses coming from “non-game business” rather than its PC and mobile titles. (A little bit of frustration there as some of the PC revenue’s windfall was attributed to ArcheAge, which we’ve since learned will sunset.)
The majority of Kakao Games’ focus is indeed on mobile titles, as evidenced by the revenue breakdown, but it’s the MMORPGs we care about, and the investor report brought some big news – expected news, but big nonetheless for Chrono Odyssey and ArcheAge 2. Specifically, Chrono Odyssey, the Chrono Studio MMO being published by Kakao, is on track for a 2025 launch, as is XLGAMES’ ArcheAge 2 (again, being pubbed in the west by Kakao).
Readers will notice right away that this is a very different chart from the one released last quarter, when ArcheAge 2 was still listed as “post 25,” leading everyone to assume it had been delayed yet again. Now it looks as if it’s been bumped back to 2025. Then again, it’s already been delayed several times, so either way, we’re in for a wait.
The full list includes several other MMOs and multiplayer titles of note, including ArcheAge War (within the next few months), as well as other 2025 titles like Project S, Project Q, and Ares Rise of Guardians – the last two being classed as proper MMORPGs.
