NC Reports 2,070% Surge in Operating Profit on Success of "Aion 2" and "Lineage Classic"
First-Quarter Revenue Reaches 557.4 Billion Won, Operating Profit 113.3 Billion Won
PC Game Revenue Hits All-Time High
New IPs to Be Unveiled Sequentially
NC has significantly improved its earnings as both "Aion 2" and "Lineage Classic" have become commercial successes.
On May 13, NC announced that its consolidated revenue for the first quarter of this year reached 557.4 billion won, with operating profit at 113.3 billion won. These figures represent increases of 55% and 2,070% respectively compared to the same period last year. During the same period, net profit was 152.4 billion won, up 306%, and the operating margin reached 20%.
The success of "Aion 2," released at the end of last year, and "Lineage Classic," launched in February this year, contributed to the improved performance. In the first quarter of this year, "Aion 2" generated 136.8 billion won in revenue, while "Lineage Classic" posted 83.5 billion won. Notably, "Lineage Classic" recorded cumulative revenue of 192.4 billion won over the 90 days following its launch (February 11 to May 11).
Fueled by these results, PC game revenue reached a quarterly record high of 318.4 billion won, growing 210% year-on-year. Mobile game revenue was 182.8 billion won. NC stated that, following the launch of "Lineage Classic," its three major mobile games continued to maintain solid user traffic. Mobile casual games earned 35.5 billion won in revenue. This quarter, the revenues of Lifuhuhu and SpringComs, companies NC has invested in, were reflected in the consolidated results for the first time.
By region, revenue distribution was 58% from Korea, 27% from Asia, and 15% from North America and Europe. Overseas revenue accounted for 42%, up from 35% in the same period last year.
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In the second half of this year, NC plans to launch global services for "Aion 2" in North America, South America, Europe, and Japan. New intellectual properties (IP) including "Shin the City," "Limit Zero Breakers," and "Time Takers" are also set to be introduced sequentially after global testing.
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