Pearl Abyss Reports Operating Profit of 157.3 Billion KRW Last Year, Up 4% YoY

[Asia Economy Reporter Kang Nahum] Pearl Abyss announced on the 16th that it recorded consolidated sales of 488.8 billion KRW and operating profit of 157.3 billion KRW last year.

Operating profit increased by 4% compared to the previous year, and the proportion of overseas sales rose by 6%. By region, sales were 45% in North America and Europe, 32% in Asia, and 23% in Korea. The company explained, "Due to the stable service operation of the Black Desert IP (intellectual property), the annual overseas sales ratio rose to 77%."

By platform, PC accounted for 43%, mobile 46%, and console 11%, with PC and console shares increasing by 12.7% and 2.2% respectively compared to the previous year. The operating profit margin improved to 32% through stable services based on technological capabilities.

Black Desert strengthened its global live service capabilities and continued stable service. In May last year, it successfully live-streamed the global user conference 'Heidel Banquet' for the first time among domestic game companies, and in December, the 'CalpheON Banquet.' The new classes 'Hassassin' and 'Nova' were simultaneously introduced globally on all platforms. On February 24, revenue improvement is expected with the direct service of Black Desert in North America and Europe.

Black Desert Console introduced 'cross-play,' breaking down platform boundaries for the first time in the domestic console MMORPG genre, and improved the technical environment by securing compatibility with new gaming consoles. Black Desert Mobile continues to offer content updates and user-centered events.

Pearl Abyss also unveiled the trailer video for the new title 'Red Desert' at the largest North American game awards, 'The Game Awards,' in December last year, signaling a positive outlook for global success. Red Desert is an open-world action-adventure game planned for release on console and PC platforms.

Joo Seok-woo, Pearl Abyss CFO, said, "Pearl Abyss had a year of not only stable live services based on excellent technological capabilities but also strengthened communication with users," adding, "In 2021, we plan to focus on the successful transfer of Black Desert services in North America and Europe and preparation for the release of 'Red Desert.'"

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