Netmarble's Q3 Revenue Increases 2.6% to 647.3 Billion KRW... Operating Profit Turns Positive at 65.5 Billion KRW

Netmarble announced on the 7th that its consolidated sales for the third quarter of this year were tentatively estimated at 647.3 billion KRW, a 2.6% increase compared to the same period last year. Operating profit and net profit for the same period turned positive, recording 65.5 billion KRW and 20.6 billion KRW, respectively.

Overseas sales in the third quarter amounted to 500.5 billion KRW, accounting for 77% of total sales, which is a 1 percentage point increase compared to the previous quarter. The sales distribution by region was identified as North America 43%, Korea 23%, Europe 13%, Southeast Asia 8%, Japan 7%, and others 6%.

Kwon Young-sik, CEO of Netmarble, stated, "Due to the absence of major new releases in the third quarter, we are continuing to catch our breath in terms of overall indicators such as sales and operating profit," adding, "We plan to release 'King Arthur: Legend Rise' by the end of this year, and next year, including anticipated titles such as 'Game of Thrones: Kingsroad' and 'The Seven Deadly Sins: Origin,' we will launch a total of nine new titles, so we ask for your anticipation and interest."

Meanwhile, Netmarble plans to showcase two new titles, 'Game of Thrones: Kingsroad' and 'Mongil: STAR DIVE,' at 'G-Star 2024,' held at BEXCO in Busan from the 14th of this month. In addition, they plan to engage with users through various events, including the offline tournament for 'Solo Leveling: Arise Championship' and stage events for the new title 'Seven Knights Reverse.'