[ Moon Byung-soo] Aka Games has accepted a report card below the market forecast of the third quarter of this year. It seems to be due to the impact of downward stabilization of 'Odin: Gala Rising' and 'Umamusume', which had previously held wagon demonstrations. The company plans to rebound in earnings by introducing various genres of new works, starting with Odin's siege update.
On the 2nd, Aka Games (CEO CHO Tae-hyun) announced that it recorded sales of W36.8bn, operating profit of w43.7bn, and net profit of 11.2 billion won in the third quarter of 2022. Securities prices are expected to generate sales of W356.1bn in the third quarter of this year, operating profit of W71.1bn, and net profit of 55.2 billion won.
Revenue decreased 34.17%% compared to the same period last year, but operating profit increased 2.30% and net profit fell 74.5%. Revenue and operating profit fell 9.42% and 46.04%, respectively, and net profit decreased by 82.38%. The company explained that sales declined due to stabilizing mobile game services and eliminating peak season effects in other business sectors. Operating profit increased slightly from the same period last year due to the addition of the addition of the flagship title.
In the case of mobile game sales, 'Uranus Me: Pretty Double' was reflected, but 'Odin''s launch effect fell 52.0% year-on-year and 7.6% Qom to KRW 197 billion. PC game sales remained 25.6% YoY and 10.8% Qom, up 10.8% Qom due to the lack of new works and natural decrease. Other sales, including Aka EX, recorded KRW 96.6 billion. It increased 155.9% YoY, but fell 12.8% Qom.
CHO Hyuk-min, Chief Financial Officer of Aka Games, said in a conference call on the day, Umamusume recorded less than expectations due to the lack of 'Italian Black' service and lack of sales momentum. We are improving the first half. Amuse, which once ranked No. 1 in both domestic market sales, was boycotted due to the controversial operation.
Representative CHO Kyuhyun said, We confirmed that the user pool with the willingness to play Amuse is maintained very firm as a Italian Black Reinforcement Event. It is considered that it will be the top priority not only for service stabilization in the fourth quarter but also for active communication with users.
Aka Games is planning to rebound with a large-scale update, including 'Siege', Odin's large-scale combat content from the fourth quarter, and operating a speedy Taiwan market. Odin plans to focus on global services in Japan and North America. It is also targeting the market with Uranus Me Pretty Derby's popular character updates and steady events.
Aka Games, CEO of Aka Games, said in a conference call on the 2nd, Odin: Gala Rising Siege is scheduled to be released on November 30 and is working on the final polishing to realize the fun of tension competition. We will use the play in the siege to show differentiated strategic play.
The launch of the new work continues. The PC online survival game 'Estella' will be released on the 24th as a steam early account, and the collectable RPG 'Ever Soul' will be introduced to 170 countries including Korea in the first quarter of next year. MMORPG 'Arch Age War' and 'Ares: Live of Guardians' will be launched in the first and second quarter of next year, and the action RPG 'Guards Order' will be introduced sequentially in the third quarter of next year. Blockchain games such as Born Battle will also be released.
CEO CHO Kyuhyun said, Ever Soul was originally prepared for the service at the end of November, and it will launch in early January next year, considering the reinforcement of game performance and the issue of responding to Google and Apple Market Store at the end of the year. I explained.
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