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KRAFTON 2Q & 1H 2024 Earnings Results

Krafton’s financial performance for the first half of 2024 reflects a period of record-breaking growth, driven primarily by the sustained global popularity of the PUBG intellectual property.

• Krafton achieved record-high 1H 2024 revenue of KRW 1,372.9 billion and an operating profit of KRW 642.6 billion, reaching 84% of its total 2023 annual operating profit in just six months.
• Mobile revenue in 2Q 2024 surged 104.2% year-over-year to KRW 499.9 billion, driven largely by the global popularity of the PUBG franchise and Battlegrounds Mobile India.
• The company is aggressively diversifying its portfolio through 27 investments and second-party publishing agreements as of August 2024, including the recent acquisition of the Tango Gameworks team.

KRAFTON 1Q 2024 Earnings Results

KRAFTON’s first-quarter 2024 earnings results demonstrate a period of significant financial growth, characterized by record-high quarterly revenue of KRW 665.9 billion.

KRAFTON Investor Presentation: September 2024

KRAFTON’s September 2024 investor presentation outlines the company’s strong financial trajectory and strategic focus on expanding its intellectual property portfolio.

• KRAFTON achieved record revenue of KRW 1,372.9 billion in the first half of 2024, representing a 48.3% increase compared to the same period in 2023.
• Operating profit for the first half of 2024 reached KRW 642.6 billion, already accounting for 84% of the total operating profit earned in the full 2023 fiscal year.
• The PUBG franchise remains the primary financial driver, fueling two consecutive quarters of record-high sales, with Q2 2024 revenue hitting KRW 707.0 billion.

KRAFTON 4Q23 and FY2023 Earnings Results

Krafton’s 2023 fiscal year results demonstrate a period of sustained financial growth and strategic transition, anchored by the continued success of the PUBG intellectual property.

Krafton 3Q 2023 Earnings Results

Krafton’s third-quarter 2023 earnings results demonstrate a period of financial recovery and operational growth, driven primarily by the successful resumption of Battlegrounds Mobile India and sustained performance of the PUBG intellectual property.

• Krafton reported 3Q 2023 revenue of 450.3 billion KRW, a 16.3% increase quarter-over-quarter and 3.8% year-over-year.
• Operating profit grew 44.0% quarter-over-quarter to 189.3 billion KRW, driven by the resumption of Battlegrounds Mobile India and effective cost management.
• The company is shifting toward a global publishing model with a pipeline of over 32 titles scheduled for release through 2026.