Nexon Reports Strong Q4, 2017 Earnings Thanks to DFO and MapleStory
MapleStory, both of which recorded double-digit percentage growth in revenue year over year. As with prior quarters, most of Nexon's revenue comes from 2 regions: South Korea and China.
Interestingly, only 28% of Nexon's Q4 2017 revenue came from Mobile vs 72% for PC. Nexon is still very much a PC MMO developer for the time being. Expect the mobile % to grow though as Nexon has quite a pipeline of mobile games in the works such as Final Fantasy XI Mobile, and more. Take a look at Nexon's full Pipeline below:
Moonlight Blade, the Chinese MMORPG from Netease, begins open beta in South Korea later this month. No word on when it comes to the West though.
Nexon also released a slide showing their key titles by Region:
The only relevant PC title from Nexon in North America and Europe is MapleStory. Lawbreakers in Nexon's most recently quarterly investor slide deck, but I suspect it'll be mentioned in their Q&A session which should happen later today (I'll put a post up if there's anything interesting in it).
It's also worth noting that Nexon's stock price is up over 10% since posting this earnings report. Investors are cheering the company's continued strong financial results. The stock is up nearly 100% over the last year. The company is now worth $13.7B USD, making it one the biggest video game companies in the world.
