Netmarble turns operating profit surplus for the first time in three years
Feb 13, 2025
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Netmarble released its fourth-quarter and full-year results in 2024 on the 13th. According to the report, annual sales grew 6.5% year-on-year to KRW 2.6638 trillion, and operating profit was KRW 215.6 billion, marking the first surplus in three years. Of these, overseas sales amounted to 2.113 trillion won, earning 79% of the total in the global market. In terms of the proportion of sales by country in the fourth quarter, North America was 46%, South Korea was 17%, Europe was 15%, Southeast Asia was 9%, Japan was 6%, and others 7%. In addition, by genre in the fourth quarter, the portfolio is diversifying to 40% for casual games, 39% for RPGs, 13% for MMORPGs, and 8% for others.
Netmarble led the operating profit surplus centered on 'I'm the Only One Levelling Up: Rise', which was released last year. Netmarble aims to release 'RF Online Next' and 'Seven Knights Rivers' and 'Game of Thrones: King's Road' and 'King of Fighter AFK' in the first half of this year, and said it will release a total of nine new works, including 'Seven Deadly Sins: Origin', 'The RED: Heirs of Blood', 'Mongil: STAR DIVE', 'Project SOL' and 'I'm the Only One Levelling Up: Rise' steam versions.
Kwon Young-sik, CEO of Netmarble, said "After the past two years of deficits, it did not meet market expectations last year, but it is meaningful that we have succeeded in turning around."This year, we will solidify the foundation for 're-leap' with anticipated new works such as 'RF Online Next' and 'Game of Thrones: Kings Road' and 'Seven Great Crimes: Origin'"
Meanwhile, Netmarble succeeded in converting to a surplus and also confirmed a cash dividend of 417 won per share for the first time in three years. The total amount of dividends is 34.1 billion won.
This article was translated by Naver AI translator.
