Netmarble Posts $72.9 Million In Quarterly Profit

Netmarble; you know them from Lineage II Revolution and Marvel Future Fight among other things.

This week Netmarble posted their third quarter financial documents and the results are pretty good. Company sales amounted to $533.5 million resulting in $72.6 million in operating profit and $72.9 million in net profit over the quarter spanning July to September. Quarterly sales increased 17% over last year while net profit increased 53.7% compared to the same time in 2018.

“Netmarble had significant increases in both sales and operating profit in Q3, reflecting both domestic and overseas performances of new games launched in Q2”, said Young-sig Kwon, CEO of Netmarble. He added, “At G-Star 2019, we unveiled the highly anticipated new game titles ‘Seven Knights Revolution’ and ‘Ni no Kuni: CROSS WORLDS’ for the first time and introduced ‘A3: STILL ALIVE’ and ‘Magic: ManaStrike”

Netmarble’s big revenue machines are Marvel Contest of Champions and Lineage II Revolution each pulling 14% of the company’s total sales. Upcoming titles include Magic: ManaStrike, A3: STILL ALIVE, Seven Knights Revolution, and Ni no Kuni: CROSS WORLDS.

Source: Press Release