NETMARBLE: New Second Quarter Earnings Show Large Numbers Increase

NETMARBLE: New Second Quarter Earnings Show Large Numbers Increase

As the second quarter of the fiscal year comes to a close, video game developer Netmarble has yielded some surprising returns. Hith te jump to see just how much players have boosted the numbers for the company!

By ComicBrooks - Aug 13, 2020 05:08 PM EST
Filed Under: Mobile Gaming
Source: Press Release

Netmarble is a game development company that is best known for some of the best titles in the mobile gaming industry. These titles include MARVEL Future Fight and The Seven Deadly Sins: Grand Cross games. They are also a parent company with Kabam, who is best known for their work on MARVEL Contest of Champions

Recently, the company's second-quarter earnings came in and proved that during the downtime the world has been facing, mobile gaming numbers have gone up! According to company co-CEO Seungwon Lee“Netmarble had a very strong second quarter with solid performances from games launched in the first half of the year including the worldwide release of The Seven Deadly Sins: Grand Cross and Korea’s release of A3: Still Alive. Our amazing community of players helped fuel a record-breaking quarter for overseas sales, and we look forward to continuing this momentum and expanding domestic and overseas growth in the second half of 2020 with highly-anticipated games featuring our own and globally popular IP.” The overall numbers have really shown that! 

As of the last quarter, some of the totals include $568.2 million in total sales, $67.7 million in operating profit, and a net profit of $70.7 million from April through June! Some of the titles that have contributed to this success include The Seven Deadly Sins: Grand Cross (21%), MARVEL Contest of Champions (13%), Blade&Soul Revolution (9%), Lineage 2: Revolution (8%), and A3: Still Alive (6%). With the first three titles really bringing in the most numbers overseas. 

With all of this success for the company this quarter, who knows what else in store for some of the best mobile games out right now! Do you play any of them? We would love to hear your thoughts in the comments section below!


 

Established in Korea in 2000, Netmarble Corporation is a top developer and publisher pushing the boundaries of the mobile gaming experience with highly innovative games including Lineage 2: Revolution, The Seven Deadly Sins: Grand Cross, Blade&Soul Revolution and MARVEL Future Fight.


All Netmarble and Kabam games are available for free on Apple and Google Play!
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