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Nexon Profits Continue to Explode

The third-quarter results are in for MMORPG publishing company Nexon, and they’re definitely nothing to be ashamed of. Net profits have increased by 41% year-over-year, PC revenue is up 10%, and mobile revenue has increased 7%.

Dragon Nest Nexon

Known for publishing games such as Dirty Bomb, MapleStory, Vindictus, and Dragon Nest, Nexon has its hands in a little bit of everything from shooters to MMORPGs and mobile games. Having diversity in both game genres and markets has seemingly payed off for Nexon.

“Our focus on quality content and world-class partnerships continues to pay off, as we delivered solid third quarter results, beating our guidance on all metrics, and announcing several strategic partnerships,” CEO Owen Mahoney said.

Nexon is experiencing solid PC and mobile growth in many of its Asian sectors, including South Korea and China, but the publisher is also prevalent in Europe and North America. Top grossing games include Sudden Attack and MapleStory in Korea in addition to Dungeon Fighter in China.

“In Asia, we continued to see solid execution of our staple PC online titles in Korea and China, and our release of the mobile title DomiNations in the regions is already showing promising traction, particularly in Korea. We also entered into a publishing agreement with Korean game developer Bluehole Studio for a new mobile game based on TERA. In North America, we entered into a two exciting new partnership agreements – one with Respawn Entertainment and game developer Particle City for new mobile games based on the hit Titanfall IP, and one with QC Games, a new game development studio led by industry veteran Dallas Dickinson, for distribution rights of their first games,” Mahoney added.

Our Thoughts:

It’s pretty clear that Nexon knows what it’s doing and how to make money. They’ve already secured key sectors in Asia and are starting to make huge deals in the Western markets.

Source: Nexon

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About Nick Shively

Nick is an eSports and RPG enthusiast. He can normally be found in the deepest parts of a dungeon or in the arena slaying opponents. Nick has been a gamer since an early age and involved in the industry since 2011. He obtained a degree in journalism from the Walter Cronkite School of Journalism and Mass Communication in 2015.