Nermarble
Netmarble Corp., a South Korean sport developer, stated Thursday it swung to web revenue within the third quarter on regular gross sales of its webtoon-based sport title Solo Leveling: ARISE.
The corporate posted a web earnings of 20.6 billion gained ($14.8 million) for the July-September interval, shifting from a lack of 28.4 billion gained a 12 months earlier, in accordance with a regulatory submitting.
Working earnings was 65.5 billion, in contrast with a lack of 21.9 billion gained a 12 months in the past, whereas gross sales rose 2.6 % to 647.3 billion gained.
The earnings fell behind market expectations. The common estimate of web revenue by analysts stood at 51.7 billion gained, in accordance with a survey by Yonhap Infomax, the monetary knowledge agency of Yonhap Information Company.
The corporate stated the worldwide recognition of Solo Leveling: ARISE, a sport based mostly on a South Korean webtoon, contributed to the improved efficiency within the third quarter.
The role-playing sport, launched in Could, accounted for 13 % of Netmarble’s complete third-quarter gross sales.
Netmarble stated 43 % of its quarterly gross sales got here from North America within the third quarter, adopted by 23 % from South Korea, 13 % from Europe and eight % from Southeast Asia.
The gamemaker stated it plans to launch King Arthur: Legends Rise within the fourth quarter and 9 new titles, together with Recreation of Thrones: Kingsroad, subsequent 12 months.