Devsisters Posts 6.2 Billion Won Operating Profit Last Year... "Building Long-Term Growth Momentum"

Devsisters announced on the 9th that on a consolidated basis last year it posted sales of 294.7 billion won, operating profit of 6.2 billion won, and net profit of 15.4 billion won.

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Revenue jumped 25% year-on-year, driven by annual revenue growth of its flagship game title "Cookie Run: Kingdom" and the successful entry into the North American market of "Cookie Run: Braverse Card Game." In particular, sales from "Cookie Run: Kingdom" more than doubled compared to the previous year, and its monthly active users (MAU) in January this year also increased by 24% from the previous month, demonstrating strong fandom power.

Overseas sales growth was also notable. Last year, annual overseas sales for all games expanded 59% year-on-year, and the overseas share of total sales also surged to 72%. In contrast, operating profit fell 77.2% from a year earlier due to increased investments for IP (intellectual property) expansion and new project development, and net profit also declined 45.7%.

This year, Devsisters plans to operate the "Cookie Run Universe," which organically connects all Cookie Run characters and its worldbuilding, to drive fandom expansion. At the end of next month, it will launch the official service of "Cookie Run: OvenSmash" in global regions including Korea and the United States, and in the second half of the year it will introduce the casual game "Project CC."

In addition, following the recent special exhibition of the Deoksugung Dondeokjeon and art collaboration project, the company will carry out multifaceted activities with the Cultural Heritage Administration to promote Korea's UNESCO-listed World Heritage sites. In the case of the art collaboration special exhibition, it plans to expand into overseas markets including the United States to raise global awareness of Cookie Run and traditional Korean art, while seeking to expand into new business areas.

Furthermore, the company is pushing ahead with the development of future-driving Cookie Run and new IP projects such as "Project AR," which combines Cookie Run-based digital experiences with the real world, and "Project N," which comprehensively brings together the entire Cookie Run universe. Devsisters said, "We will build a corporate environment where new growth engines can drive greater future expansion and evolution, and we will also more firmly lay the groundwork for Cookie Run to leap forward as a global super IP."

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