Nexon has launched its monetary outcomes for the fiscal 12 months ended December 31, 2022.
The numbers
Full 12 months:
- Income: ¥353 billion ($2.69 billion), up 28.9% year-on-year
- Web revenue: ¥99.9 billion ($763 million), down 11.6% year-on-year
This autumn 2022:
- Income: ¥81 billion ($618 million), up 49% year-on-year
- Web revenue: Lack of ¥7.93 billion ($60 million), versus internet revenue of ¥21.9 billion ($167 million) in This autumn 2021
The highlights
Nexon had a troublesome This autumn 2022, with internet loss attributed to a “¥25 billion FX loss totally on US dollar-denominated money deposits,” the corporate stated. However its income was up fairly considerably, due to the nice performances of Dungeons & Fighter and FIFA On-line 4 in China, it stated.
“Revenues from our cell enterprise in Korea have been decrease than deliberate,” the corporate added.
The complete 12 months was additionally blended, with Nexon noting that “the worldwide state of affairs remained unsure.” Whereas the corporate stated it achieved “record-breaking full-year income pushed by the expansion of present titles,” particularly stay video games, it recorded losses in a number of areas.
“Loss on revaluation of investments in crypto-assets made by an alternate on account of a change available in the market atmosphere, and share of lack of investments accounted for utilizing fairness technique recorded in accordance with the enterprise performances of fairness technique associates, elevated year-over-year,” the corporate stated.
Going ahead, Nexon stated it would give attention to MMOs, cross-platform titles, leveraging its IPs, and investing in new IP.
