Com2uS Operating Profit Turns Positive... Summoners War and Baseball Games Hit Success
Baseball Game Sales Achieve Over 30% High Growth
Com2uS announced on the 13th that it achieved an operating profit of 6.56627 billion KRW on a consolidated basis last year, turning profitable compared to the previous year (operating loss of 33.19042 billion KRW). Sales were recorded at 692.7 billion KRW, down 6.3% from the previous year. Net profit in 2023 reached 42 billion KRW, but last year it turned to a loss, recording a net loss of 131.8 billion KRW.
Operating profit in the fourth quarter was 2.6 billion KRW, turning profitable compared to the same period last year (operating loss of 14.5 billion KRW). During the same period, sales increased by 17.9% to 189.1 billion KRW, while net loss continued at 137.3 billion KRW.
By region, Asia accounted for the largest share of sales at 23.2%, followed by North America at 28.5%, and Europe at 13.8%. Last year, the overseas sales ratio of the game business was 68.4%, down 5.7 percentage points from the previous year.
The company explained that operating profit turned positive for the first time in three years thanks to revenue growth from flagship titles and management efficiency. Not only did sales of Com2uS’s flagship game series, "Summoners War," increase, but the baseball game lineup based on official licenses from KBO and MLB also grew by more than 30%. However, consolidated sales decreased compared to the previous year due to reduced content production in the first half of last year, which lowered subsidiary performance.
This year, Com2uS plans to target domestic and overseas markets with a new lineup. "Summoners War: Rush," a nurturing genre game pre-released in Thailand last December, is scheduled for global release in the first half of this year. The new baseball game "Pro Baseball Rising" will be launched in the Japanese market next month to coincide with the season opening. Additionally, the large-scale MMORPG "The Starlight," developed by GameTales, is expected to be released in the third quarter of this year.
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Furthermore, Com2uS will strengthen its artificial intelligence (AI) research and development (R&D) to advance game development and services. It plans to implement responsive AI specialized for games and apply AI technologies to art, quality assurance (QA), translation, and voice to enhance production efficiency and quality.
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