Despite a slight increase in turnover, Netmarble shows a significant decline in its profits compared to the balance sheet for 2020. Contrary to what one might think, the Korean mobile game specialist does not achieve the majority of its turnover. home business. In 2021, Korea represented 27% of its turnover, compared to 33% two years earlier. For Netmarble, this is obviously good news since it means that it is expanding its international influence.
Between October and December 2021, North America is even by far Netmarble’s most important market with 43% of turnover, ahead of Korea (22%), Europe (11%), Asia Southeast (10%), Japan (9%) and the rest of the world (5%). The strong growth in the West comes from the integration of SpinX, a producer of casino games bought last summer for $2.2 billion.
The impact of this acquisition on Netmarble’s results is immediate since Cash Frenzy, Jackpot World, Lotsa Slot respectively generated 8%, 6% and 6% of turnover during the last quarter. Casual games are even now in the majority and represent 40% of Netmarble’s revenue ahead of MMORPGs (26%) and RPGs (21%).
For more traditional games, Marvel Contest of Champions and Ni no Kuni: Cross Worlds are the two most popular titles at the moment with 12% and 9% of revenue respectively in the last quarter. The Seven Deadly Sins follow: Grand Cross (5%), Seven Knights 2 (5%), Lineage 2: Revolution (4%), Marvel Future Revolution (3%), Blade & Soul Revolution (3%), Harry Potter: Secret at Hogwarts (3%) and Cookie Jam (3%).
For the year 2022, Netmarble plans to launch no less than 6 games in the first half, including the localization of Ni no Kuni: Cross Worlds which is scheduled for the April-June quarter on PC and mobiles. Ni no Kuni: Cross Worlds is also mentioned in Netmarble’s list of blockchain games, though it’s unclear what this will mean for players. Finally, note that the enticing action-RPG The Seven Deadly Sins: Origin is not announced for this year.
- Also Read | Netmarble announces The Seven Deadly Sins: Origin with a promising trailer