NETMARBLE: The Company's Year End Financial Results Reveal Another Successful Year

NETMARBLE: The Company's Year End Financial Results Reveal Another Successful Year

The game publishing company Netmarble has announced its results for their 2020 financial earnings, and things are looking up. Hit the jump to learn more!

Netmarble is a game publishing company that has jumped leaps and bounds in the last year. Not only have they released their first console game, Seven Knights for the Nintendo Switch. The company has also released quite a few new titles like A3: STILL ALIVE. The company has gained over 1 million cumulative downloads of all of its games in the past year.

With COVID-19 changing how the world has operated in the past year, mobile gaming had a massive push. With people in lockdown and on their phones, mobile gaming became one of the main ways to pass the time. Now, the year-end financial earnings have been released, and the company has grown incredibly.

The earnings included a Total revenue of $2.1 billion (YoY 14.0%), operating profit of $230.56 million (YoY 34.2%), and net profit of $286.9 million (YoY 99.4%). Its highest-earning game of the year was MARVEL Contest of Champions, earning 15% of the company's profits.

Co-CEO of Netmarble, Seungwon Lee, stated: "We achieved meaningful growth in 2020 with the global launch of A3: STILL ALIVE, the Korean launch of Seven Knights 2 and MaguMagu 2020, the continued success of The Seven Deadly Sins: Grand Cross and MARVEL Contest of Champions as well as ongoing enthusiasm from players worldwide for our current portfolio of games, we made noteworthy achievements with our original IP titles this year, and will continue to make efforts to strengthen original IP for global players to enjoy.

This year will no doubt be another hit for the company. With new games like Blade & Soul: Revolution on the way, those numbers will undoubtedly go even higher up. We would love to hear your thoughts on the news in the comments below.


Netmarble's games can be found on the App Store and Google Play!

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