Nexon Posts File 2024 Income Because of Dungeon Fighter On-line Progress – MMOs.com

Nexon reported report annual income of ¥446.2 billion (~$3 billion) for 2024 because of the sturdy launch of Dungeon Fighter On-line cellular (Dungeon&Fighter Cellular) in China. The worldwide launch of The First Descendant was additionally cited as a driver of progress regardless of the sport's common conccurrent playerbase dropping from ~200,000 at launch to round 9,000 as we speak.
Nexon Franchise lifetime gross sales breakdown:

Dungeon Fighter On-line (Dungeon&Fighter): $22 billion
MapleStory: $5 billion
Mabinogi: $0.7 billion
The Kingdom of the Winds: $0.6 billion
Sudden Assault: $0.8 billion
Kartrider: $1 billion

2024 Monetary Snapshot

Full-Yr Income: ¥446.2B ($3.0B USD), up 5% YoY.
Working Revenue: ¥124.2B ($830M USD), down 8% YoY.
Web Revenue: ¥134.8B ($900M USD), up 91% YoY (boosted by foreign exchange features).
This fall Income: ¥79.7B ($530M USD), down 6% YoY, with a ¥7.0B impairment cost on underperforming initiatives.

Franchise Efficiency & Technique

Dungeon&Fighter (53% YoY Progress):

Cellular Success: Dungeon&Fighter Cellular drove progress in China however faces slowing engagement post-New Yr updates.
PC Struggles: This fall gross sales missed targets as a result of weak collaboration merchandise gross sales. A Q1 2025 replace stabilized each day customers in Korea however lags in China.
Tencent Partnership: Tencent will help with hyperlocalization (tailoring content material to regional preferences) and new experiences to draw broader audiences in China.
World Enlargement: The First Berserker: Khazan (March 28 launch) goals to introduce the franchise to Western gamers.

MapleStory (Blended Outcomes):

Korea Decline: Offset by 24% progress in international variations, now 35% of franchise income.
MapleStory Worlds: Comfortable-launched within the Americas, with European/Southeast Asian expansions deliberate.

FC On-line (Sports activities Administration):

Full-year income dipped from 2023’s report. This fall missed targets regardless of a branding marketing campaign. Expects slower 2025 as a result of lack of main soccer occasions pre-2026 World Cup.

Mabinogi & New Titles:

Mabinogi Cellular launches in Korea March 27, alongside a UE5 overhaul (Mabinogi Eternity Mission) for PC.
Upcoming video games: Vindictus: Defying Destiny, ARC Raiders, and Mission OVERKILL (D&F spin-off).

Reside-Service Challenges

The First Descendant: This fall income fell as a result of content material drought, although Season 2 improved retention.
The Finals: Secure retention however faces robust YoY comparisons post-launch hype.

2025 Outlook

Q1 Income Steering: ¥109.9B–¥122.1B (730M–730M–810M USD), up 1–13% YoY.
Dangers: Reliance on China (38% of 2024 income)

Trade Context
Nexon’s Tencent partnership mirrors Blizzard’s previous collaborations with NetEase, emphasizing China’s significance regardless of regulatory hurdles. The deal with legacy IP over new ventures (e.g., The First Descendant) displays business warning as live-service video games face participant retention woes.
Whereas Nexon’s pipeline is formidable, success hinges on executing in a tricky market dominated by older titles (Fortnite, League of Legends, Counter-Strike, Roblox, and many others). Nexon hasn't had a giant new franchise in a very long time and has been coasting off the success of Dungeon Fighter and MapleStory for the final 20 years.
For now, betas for ARC Raiders and NAKWON: LAST PARADISE will check Nexon’s skill to innovate past its core franchises.

Additional studying: Nexon This fall Investor Presentation

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