Vespa, Upcoming New Release Cycle Approaching

[Asia Economy Reporter Hyunseok Yoo] Vespa is expected to enter its first new release cycle since going public. In particular, with a successful turnaround in performance starting from the fourth quarter of this year, further improvement in next year's results is also anticipated.

According to the financial investment industry on the 20th, Vespa is expected to enter its first new release cycle since its listing starting from the third quarter.

Beginning with the release of 'Defence RPG Time Defender' at the end of August, followed by KingsRaid Season 2 at the end of October, the Turnbased RPG Project CA targeting North America and Europe in the fourth quarter, and the indie game Bleat in the first quarter of next year are all set to launch.

Dongha Kim, a researcher at Hanwha Securities, said, "On an annual basis, the expected sales for each new release are 100 billion KRW for Time Defender and 120 billion KRW for KingsRaid Season 2."

However, he forecasted that after continuing losses through this year, a significant improvement in performance is possible next year. Researcher Kim stated, "Operating losses are expected until this year, but after a reduction in operating loss in the third quarter, a performance turnaround is anticipated from the fourth quarter."

Researcher Kim also emphasized the need to maintain steady interest in Vespa. He said, "The stock price rebounded on expectations for the first new release cycle since the listing this year, but has shown a correction trend due to the weakness of growth stocks and fatigue from the rise," adding, "However, if the new releases achieve the expected level of success, there is significant room for further increase, so interest remains valid."