Korean/Japanese free-to-play publisher Nexon (3659.TO) has announced its FY13 Q3 financials for the three months ending 30 September 2013.

Revenue was $406 million (¥39.9 billion), up 64 percent year-on-year.

However, over half of this percentage growth was due to the weakness of the Japanese Yen against international currencies.

Nexon's two biggest markets are China (around 40 percent of Q3 revenue) and Korea (30 percent).

Nexon had net income of $81 million (¥8 billion), up 10 percent year-on-year.

It ended the quarter with cash and equivalents worth $1.1 billion (¥104 billion).

Riding high

In terms of its mobile business, revenue was $70 million (¥6.9 billion).

This is over ten-fold higher than 12 months ago because Nexon spent $470 million buying Japanese publisher gloops in October 2012.

For the quarter, mobile accounted for 17 percent of total sales.

In terms of specific titles, Nexon pointed to the strong performance of KartRider Rush Plus in China and Fantasy Runners for Kakao in Korea.

In Japan, gloops released it first co-developed game with DeNA - Dragon Eclipse.

[source: Nexon]