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Com2uS' Summoners War-fueled growth continues with 2015 sales up 85% to $369 million

Com2uS' Summoners War-fueled growth continues with 2015 sales up 85% to $369 million

Korean mobile game publisher Com2uS (KOSDAQ:078340) has announced its FY2015 financials, for the 12 months ending 31 December 2015.

Revenue was up 85% to $369 million.

Net income was up 59% to $107 million.

Once again, it was Com2uS' international activity - 86% of revenue - that also provided the engine for growth.

Sales in North America and Europe grew strongly, accounting for 32% and 15% of revenue respectively, but Asia (excluding Korea), remains the biggest territory.

The US and Europe provided good growth in 2015

Indeed, sales in Korea actually dropped during Q4.

Big hit

Looking at the Q4 period, sales were up 39% year-on-year or 2% quarter-on-quarter to $99 million.

Net income during the quarter was $30 million, up 54% year-on-year or 12% quarter-on-quarter.

The key game behind this performance was RPG Summoners War, which received a major update during the Q4 quarter.

More strategically, Com2uS stopped increasing its marketing spending for the game during the quarter, although it's still spend around $15 million.

Com2uS' 2015 financials hit another record high

Other strong titles for Com2uS are Ace Fishing, Golf Star and 9 Innings Pro Baseball 2015, but it's the RPG that accounts for the majority of sales and profits.

As for its 2016 portfolio, Com2uS will launch more golf and baseball games, including the third release in its popular Homerun Battle franchise, as well as more RPGs.

There will be another titles in the Inotia series, as well as cute RPG Wonder Tactics.

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.

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