Marketing costs were also a major factor in NCSoft’s moolah making a beeline for the door, increasing 119% quarterly and 122% annually. It’s not doing great.įourth quarter operating costs are up 60% quarterly, 22% year over year while Q4 labor costs increased 47% due to Lineage W incentives. Little was mentioned about Blade & Soul 2 other than it being consistently in the top 10 on Google Play. NCSoft referred to Lineage2M’s worldwide launch as having a “limited impact” in the investor call. Lineage 2M, despite launching in more territories, has fallen off 25% year over year. LineageM meanwhile has seen its revenue fall off 58% over last year. For the first quarter on record, the game pulled in 357 billion Won. Lineage W meanwhile has achieved higher numbers than any NCSoft game in the company’s history. Aion saw a 64% increase in sales annually attributed to the classic server. Mobile games now make up 70% of NCSoft sales, with Lineage W saving the company from major drop-offs in sales. The PC side saw a drop in sales by 27% over last year. On the video game side, virtually everything in NCSoft’s library suffered in Q4. Operating profit dropped 30%.įor the fiscal year overall, sales dropped 4% with operating profit down a whopping 55%, pre-tax income down 39%, and net income down 33%. For the fourth quarter, sales are up 35% year over year, along with a 25% boost to pre-tax income, and a 52% boost to net income over the same period. And if you’re an investor, you’re probably feeling very mixed emotions right now. NCSoft has posted their fiscal year results for 2021 and the numbers may shock and surprise you.
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