Nexon revenues grow to $431.7 million due to continued success of Heroes of Incredible Tales

Nexon revenues grow to $431.7 million due to continued success of Heroes of Incredible Tales

Nexon has released its financials for its Q2 FY17 for the three months ending June 30th 2017.

It posted revenues of $431.7 million for the quarter, up 23% year-on-year. It also saw profits of $178.3 million, up an impressive 157% year-on-year.

Breaking this down further, its mobile division generated $105.7 million in revenues, up 25% year-on-year. 30% of these revenues came from sales in Japan alone.

Still a HIT

Its mobile success in Japan largely came from Heroes of Incredible Tales, despite a quarter-on-quarter decline in revenues due to heavy promotion in its Q1. However, the majority of Nexon's revenues came from the continued success of PC game Dungeon&Fighter in China.

Nexon did see impressive growth in its "Europe and Others" category, which includes South America and Asia. Revenues jumped up 114% year-on-year in the region to $38.2 million, mainly due to Dynasty Warriors Unleashed finding success in Southeast Asia.

Looking ahead, Nexon has launched Titanfall: Assault and Battlejack in the West along with Lego Quest & Collect and Dark Avenger 3 in South Korea. It is also continuing development on its Dungeon&Fighter mobile game for the China market.

Deputy Editor

Ric has written for for as long as he can remember, and is now Deputy Editor. He likes trains.


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