Krafton's annual revenue exceeded $1.5 billion — 75% accounted for PUBG Mobile

Krafton reported for fiscal year 2021 (ended December 31). During this period, the company earned more than $1.5 billion. Most of this amount fell on mobile. Speaking about future plans, the owner of PUBG announced his intention to develop in the field of VR and NFT.Indicators for the year

In just a year, Krafton earned ₩1.88 trillion ($1.57 billion) — an increase of 12.9% year-on-year.

• The company’s operating profit amounted to ₩639.6 billion ($534.9 billion), which is 17.3% lower compared to 2020.
• Net profit fell by 6% year-on-year to ₩519.9 billion ($434 million).
• Annual PC revenue was ₩399.1 billion ($333 million).
• This segment includes PUBG: Battlegrounds, as well as the MMORPG Elyon and TERA.Krafton earned ₩1.417 trillion ($1.18 billion) on mobile.
• We are talking about PUBG Mobile and its Indian version of Battlegrounds Mobile India.The rest of the revenue — ₩70 billion ($58.5 million) — came from consoles and various PUBG esports tournaments.
• This segment traditionally accounts for the smallest share of Krafton’s revenue.Revenue distribution by segment

Future plans

Krafton plans to expand in new directions.

• Among them are Web 3.0, NFT, deep learning and VR.Recently, the company entered into cooperation with Naver Z, which manages the Asian platform for Zepeto metaverses.
• Thus, Krafton intends to create its own metaverse project with NFT.The company has also launched the “Potential” program, thanks to which employees can join teams of up to 20 people and create prototypes of future projects within a year.
• In 2022, Project M, a step—by-step space strategy for PC and mobile devices, will be released for early access.
• It is being developed by Unknown Worlds, known for the Subnautica series.Also, the release of Calisto Protocol, a horror from Striking Distance, is planned for the second half of the year.
• The development is led by Glen Schofield, creator of the Dead Space series.