[Click eStock] "Nexon Games, Expected Reevaluation with First Descendant"
Meritz Securities analyzed on the 17th that attention should be paid to the performance of the new game 'First Descendant' by Nexon Games.
Researcher Lee Hyo-jin of Meritz Securities explained, "First Descendant, released on the 2nd, is maintaining the 3rd position globally," and added, "It is expected to record an average daily revenue of 2.4 billion KRW." He continued, "Since fixed annual costs are covered through existing games, excluding incentives, all revenue translates into profit."
Lee emphasized, "Annual operating profit is expected to be 170 billion KRW," and added, "The shooting genre is a major genre in overseas markets, with many cases of long-term success."
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Lee analyzed, "First Descendant will not only contribute to performance as a one-time event through live service," and added, "Success in the North American and European markets is a factor that reevaluates not only performance but also valuation."
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