Krafton generated ₩450.3 billion (343.5 million) within the third quarter of 2023, representing a 16.3% improve from the earlier quarter and a 3.8% improve from the identical interval final 12 months, in line with the corporate’s newest quarterly report.
Cellular proved to be explicit profitable, producing 68.6% of the full income with ₩309.1 billion ($235.8 million). This was adopted by PC with ₩121.3 billion ($92.5 million) and console with ₩12 million ($915,480).
The corporate additionally noticed explicit success by way of working revenue, producing ₩189.3 billion ($144.4 million), at a margin of 42%. This represents a 44% improve from ₩131.5 billion ($100.3 million) in Q2 and a 31% improve from ₩144.6 billion ($110.3 million) in Q3 2022.
Moreover, Krafton drew ₩211.6 billion ($161.4 million) in internet revenue, representing a massie 64.6% improve from the earlier quarter and a 6.6% improve from the identical interval of 2022.
Cellular Battlegrounds
Krafton attributes its success by way of income to 2 key components: the resumption of service of Battlegrounds Cellular India, the bespoke model of hit sport PUBG Cellular designed particularly for the Indian market following a ten month absence, and the continued success of PUBG Cellular, which handed a milestone $10 billion in income in June.
“Krafton is rising steadily primarily based on the continuing potential of the PUBG: Battlegrounds IP,” mentioned CFO Dongkeun Bae. “Shifting ahead, Krafton goals to change into an organization identified for launching main new titles and extremely anticipated video games yearly, by increasing our pipeline aggressively with our personal sport growth and second-party publishing.”
Trying ahead, the corporate has a number of main titles scheduled for launch, with greater than 32 presently slated for launch between 2024 and 2026, together with Darkish and Darker Cellular and Venture Black Price range.
We listed Krafton as one of many high 50 cellular sport makers of 2023.
