Nexon and Krafton both recorded their highest-ever cumulative revenue and operating profit for the first to third quarters of this year. Strong performance of flagship titles such as MapleStory and Battlegrounds supported the results.

On the 10th, Nexon announced that its cumulative revenue from the first to the third quarter this year reached KRW 3,792.0 billion, with operating profit of KRW 1,208.8 billion. This was driven by its flagship massively multiplayer online role-playing game (MMORPG) franchise MapleStory and football game FC Online, both of which posted record-high quarterly revenue in the third quarter. Revenue from the MapleStory franchise increased 72% year-on-year, while new title ARC Raiders surpassed cumulative sales of 17 million copies within one year of its launch.

Krafton likewise reported cumulative revenue of KRW 3,633.0 billion and operating profit of KRW 1,197.5 billion for the first to third quarters of this year. These figures represent increases of 50.9% and 13.8%, respectively, compared with the same period a year earlier. Cumulative operating profit through the third quarter has already exceeded last year’s full-year result. This performance reflects an 11% increase in cumulative revenue from the Battlegrounds franchise, as well as the consolidation of advertising and content revenue from affiliate ADK Group. However, looking at the third quarter alone, operating profit came to KRW 225.0 billion, a 35.5% decline year-on-year.

The two companies plan to maintain their growth trajectory by expanding content for their mainstay titles and launching new games. Lee Jung-hun, CEO of Nexon’s Japan subsidiary, stated, “Starting at the end of this year, Nexon will broaden its portfolio with a new line-up and further enhance the operation of its live titles to expand the foundation for mid- to long-term growth.” Krafton also stated, “To mark the 10th anniversary of Battlegrounds next year, we are preparing the largest-ever content update.”

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