Korean mobile games publisher Gamevil (KDQ:063080) has announced its Q2 2013 financials for the three months ending 30 June 2013.
Sales were $18.5 million (20.5 billion KRW), up 35 percent year-on-year.
Net profit was $3.6 million (4 billion KRW), down 34 percent.
Gamevil said this drop in profits was due to 'increased third party royalty payments and global marketing expenses'.
It's likely the 30 percent cut taken by the Kakao Games Platform in Korea from publisher's net sales will have accounted for a chunk of this.
Looking globally
Gamevil was particularly keen to point out that the quarter was a record in terms of international sales.
It was the first time overseas revenue has passed the 10 billion KRW mark.
International sales were up 23 percent quarter-on-quarter to $10.2 million.
The company also highlighted the importance of its Gamevil Circle social platform, as well as the record sales from its wholly-owned subsidiary Gamevil China.
It's working with partners such as Tencent and Qihoo 360 in the Chinese market, and said action-RPG Dark Avenger had performed well on iOS.
In Japan, it's looking to success from forthcoming titles Kaizin Rumble (a card-battler) and social trading game Ocean Tales.
While, more generally, Gamevil's biggest title for the second half of 2013 is the first online multiplayer version of its Zenonia RPG, which is tenatively titled Zenonia Online.
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
Events
Mobidictum Network Lisbon April 2024 | Europe | Apr 16th |
HIT Games Conference Istanbul 2024 | Apr 18th | |
App Promotion Summit London | Europe | Apr 25th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Mobidictum Meetup Barcelona September 2024 | Europe | Sep 1st |