Pearl Abyss Reports Operating Profit of 5.2 Billion KRW in 1Q, Up 60.3% YoY

[Asia Economy Reporter Kang Nahum] Pearl Abyss announced on the 12th that it recorded consolidated sales of 91.4 billion KRW and operating profit of 5.2 billion KRW in the first quarter of this year. These figures represent decreases of 9.4% and 60.3%, respectively, compared to the same period last year.

However, based on the global performance of "Black Desert" and "EVE," game intellectual property (IP) sales increased by 4% compared to the previous quarter. Overseas sales accounted for 80% of the first quarter revenue. By platform, the distribution was 70% PC, 24% mobile, and 6% console.

Pearl Abyss focused on user communication in the first quarter of this year. Following the Calpheon Banquet held at the end of last year, a global user meeting for "Calpheon: Episode 2" was held in March, revealing various content information including the new class "Drakania." For mobile, online live broadcasts were held to communicate with users in celebration of the 4th anniversary in Korea and the 3rd anniversary in Japan.

Pearl Abyss plans to focus on stable live services for the Black Desert and EVE IPs in the second quarter, along with new game development.

Jo Seok-woo, Pearl Abyss Chief Financial Officer (CFO), said, "Pearl Abyss will continue to strengthen the product life cycle (PLC) of existing IPs through excellent publishing capabilities," adding, "We will also focus on preparing for successful launches, including revealing upcoming titles and global marketing."

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