NEXON Co., Ltd. Q2 FY2021 Earnings Call
· Earnings call transcript and AI-powered summary
- Revenue: ¥56.0 billion, down 13% YoY as-reported, down 21% YoY on a constant currency basis. Revenue was within the company’s outlook range.
- Operating Income: ¥15.4 billion, met company guidance.
- Net Income: ¥9.0 billion, slightly below guidance due to ¥4.5 billion Bitcoin revaluation loss.
- Key Performers:
- The Kingdom of the Winds: Yeon outperformed expectations.
- Sudden Attack posted a 136% YoY increase in revenue.
- FIFA ONLINE 4 (PC and mobile) grew YoY.
- MapleStory Korea underperformed due to reputational damage, despite improvement in player sentiment after updates and engagement.
- Dungeon&Fighter (China) saw declining metrics for most of Q2 but rebounded in late June with the 13th anniversary update.
- Regional Revenue Trends:
- Korea: Revenue flat YoY as-reported, down 10% YoY constant currency. PC revenue down 7%.
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