Why make millions when we can make…billions?
Netmarble has posted their fourth quarter/annual sales figures for 2019. Fourth quarter sales generated $473.3 million in revenue and $43.1 million in operating profit between October and December. Throughout the year sales amounted to $1.8 billion, $173 million in operating profit, and $136 million in net profit.
Big revenue machines include MARVEL Contest of Champions (Kabam) (17% of revenue generated), Lineage 2: Revolution (13% of revenue generated), Cookie Jam (Jam City) (5% of revenue generated), THE KING OF FIGHTERS ALLSTAR (5% of revenue generated), MARVEL Future Fight (4% of revenue generated), and Harry Potter: Hogwarts Mystery (Jam City) (4% of revenue generated).
Global shares for Q4 put North America at the top (30%) with Europe trailing (11%) and the rest of the world including Korea making up the other 59%.
“The launches of our AAA mobile titles such as THE KING OF FIGHTERS ALLSTAR, BTS WORLD, and the continued success of our ongoing titles like Lineage 2: Revolution and MARVEL Contest of Champions, demonstrate our ability to deliver globally acclaimed games year after year,” said Seungwon Lee, Co-CEO of Netmarble. “Following Magic: ManaStrike’s worldwide January launch, The Seven Deadly Sins: Grand Cross’ global release in March, and upcoming launches of Blade & Soul Revolution in Asia in Q2 and the global launch of MARVEL Realm of Champions in the first half of 2020, we continue to produce innovative, exciting new titles while supporting our diverse portfolio of world-class, mobile gaming experiences in 2020.”
Netmarble’s Q4 marks a 32% increase in operating profit year over year, while sales for the whole year increased by 7.6% with net profits falling 26%.
Source: Press Release
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