Mr. Blue's 'EOS Red' Hits Big in Taiwan... Achieves Quarterly Record Revenue of 29.8 Billion KRW

[Asia Economy Reporter Yoo Hyun-seok] Mr. Blue announced on the 2nd through a public disclosure that it recorded consolidated financial statement-based third-quarter sales of 29.8 billion KRW. Operating profit and net profit for the same period were 7.4 billion KRW and 6.0 billion KRW, respectively.

On a cumulative basis for the third quarter, sales reached 63.6 billion KRW, an increase of 54.7% compared to the same period last year. Operating profit for the same period was 13.9 billion KRW, already exceeding last year's annual operating profit by the third quarter.

Mobile MMORPG "EOS Red," developed and serviced by Mr. Blue's game subsidiary Blue Potion Games, contributed significantly to achieving the highest quarterly sales ever by gaining popularity in overseas markets.

EOS Red was officially launched on July 22 through the Google Play Store and Apple App Store in Taiwan, Hong Kong, and Macau. Within one day of its official release, it achieved the highest sales and ranked 2nd in popularity on the Apple App Store in Taiwan, and from late August to early September, it maintained the 2nd highest sales ranking on the Google Play Store for 12 consecutive days.

In Taiwan, EOS Red maintained an average daily concurrent user count of about 100,000, and with various positive game indicators, EOS Red recorded overseas sales of 16 billion KRW in the third quarter, exceeding the performance targets set before its release.

Mr. Blue's core business, online comics and webtoons, also showed stable performance as transaction volume on its own platform steadily increased. The number of subscribers on Mr. Blue's platform rose from 5.38 million at the end of last year to 5.78 million at the end of the third quarter, and the average revenue per user (ARPU) per transaction increased from 13,520 KRW last year to 15,473 KRW, surpassing 15,000 KRW for the first time.

Mr. Cho Seung-jin, CEO of Mr. Blue, said, "We plan to service martial arts works with our own IP in the Japanese market soon, so overseas performance growth in the online comics and webtoons business is also promising," adding, "EOS Red will actively target overseas markets such as China, Southeast Asia, Japan, North America, and Europe from the fourth quarter of this year onward."

This content was produced with the assistance of AI translation services.