Record-breaking second quarter and success of Dungeon & Fighter Mobile in China — the highlights from Nexon's report
Nexon has reported its financial outcomes for the second quarter of 2024. We have selected the main figures from the report.
Dungeon & Fighter Mobile
- Nexon's revenue surpassed all company forecasts, reaching a record 122.5 billion yen ($785.6 million) for the second quarter. This marks a 30% increase.
- The record was achieved thanks to the successful releases of The First Descendant and the Chinese version of Dungeon & Fighter Mobile. The company noted that Dungeon & Fighter Mobile held the top spot on the Chinese App Store's grossing chart for 11 weeks—one of the best performances in China’s history.
- Nexon's net profit grew by 63%, reaching 39.8 billion yen ($250 million).
- During the quarter, Nexon earned the most in China—56.3 billion yen ($361.4 million, +209%). Revenue in South Korea was 48.87 billion yen ($288 million, -21%), in North America and Europe—7 billion yen ($45.1 million, +29%), in Japan—4.5 billion yen ($29.2 million, +97%).
- Mobile games brought in a total of 65.6 billion yen ($420.8 million) for Nexon, up 125% year-over-year. PC game revenue fell by 13% to 56.9 billion yen ($364.8 million).
*We converted yen to dollars using the exchange rate specified in Nexon's report. 1 dollar = 155.88 yen.
