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Idle Adventure

Game

Documents about Idle Adventure

Cover of Netmarble 4Q 2025 & FY 2025 Earnings Results
Financial report13 pages

Netmarble 4Q 2025 & FY 2025 Earnings Results

Netmarble's 4Q25 and FY2025 unaudited consolidated K-IFRS results show record-high revenue since its IPO, combined with sharply improved profitability from continued cost optimization.

  • Netmarble achieved record annual revenue of KRW 2,835.1 billion in 2025, a 6.4% year-over-year increase, with EBITDA rising 30.8% to KRW 484.0 billion.
  • Q4 2025 performance showed significant momentum with revenue of KRW 797.6 billion and EBITDA of KRW 148.9 billion, representing year-over-year growth of 22.9% and 102.9% respectively.
  • Despite strong operating profits, the company recorded a Q4 2025 net loss of KRW 35.9 billion due to impairment losses recognized on intangible assets.
NetmarbleFeb 2026
Cover of Netmarble 3Q 2025 Earnings Results
Financial report10 pages

Netmarble 3Q 2025 Earnings Results

Netmarble's third-quarter 2025 results show consolidated revenue of KRW 696.0bn, down 3.0% quarter-on-quarter but up 7.5% year-on-year. EBITDA reached KRW 122.4bn (up 19.1% YoY, down 6.6% QoQ) at a 17.6% margin.

  • Netmarble reported Q3 2025 revenue of KRW 696.0 billion, a 7.5% year-over-year increase driven by new titles like VAMPIR and the expansion of Seven Knights Re:BIRTH.
  • Operating profit margins reached 13.1%, bolstered by a reduced commission-to-revenue ratio resulting from a higher proportion of in-house intellectual property sales.
  • Overseas markets remain the primary revenue driver at 68% of total earnings, with North America contributing 34% and Korea 32%.
NetmarbleNov 2025
Cover of Netmarble 2Q 2024 Earnings Results
Financial report11 pages

Netmarble 2Q 2024 Earnings Results

Netmarble's second-quarter 2024 results show the strongest quarterly performance since its IPO, driven by three new game launches and a structurally improved cost base.

  • Netmarble achieved record-high quarterly revenue of KRW 782.1 billion and EBITDA of KRW 151.1 billion in 2Q 2024, marking a 29.6% year-over-year revenue increase.
  • The launch of 'Solo Leveling:ARISE' was a primary growth driver, contributing 20% of the company's total revenue for the quarter.
  • Net profit reached KRW 162.3 billion, bolstered by non-operating income from the liquidation of holding assets.
NetmarbleAug 2024
Cover of Netmarble 1Q 2024 Earnings Results
Financial report10 pages

Netmarble 1Q 2024 Earnings Results

Netmarble's first-quarter 2024 consolidated results, prepared under K-IFRS and unaudited, show a quarter of softer top-line performance but sharply improved year-over-year profitability, with the absence of any new game launch cited as the main driver of quarterly declines.

  • Netmarble reported Q1 2024 revenue of KRW 585.4 billion, a 12.0% decrease quarter-over-quarter and a 2.9% decline year-over-year, primarily due to a lack of new game launches.
  • The company recorded an operating profit of KRW 3.7 billion and a net loss of KRW 9.9 billion, the latter of which was partially offset by tax effects from asset liquidations.
  • Operational efficiency measures led to a 10.1% quarter-over-quarter reduction in operating costs, driven by a 1.8% decrease in labor costs and a 20.5% cut in marketing spend.
NetmarbleMay 2024
Cover of GungHo Online Entertainment Financial Results: Fiscal Year Ended December 31, 2023
Financial report24 pages

GungHo Online Entertainment Financial Results: Fiscal Year Ended December 31, 2023

GungHo Online Entertainment's fiscal 2023 results briefing (February 14, 2024) centers on a strategy of strengthening global development and distribution while reporting higher consolidated net sales and operating profit for the year ended December 31, 2023.

  • GungHo Online Entertainment achieved consolidated net sales of 125.3 billion yen for the fiscal year ended December 31, 2023.
  • The company’s global revenue ratio reached 64% in 2023, a significant increase from 11% in 2016, driven by international distribution of mobile and PC titles.
  • Financial stability remains heavily reliant on the flagship mobile title Puzzle & Dragons and the global expansion of the Ragnarok franchise managed by subsidiary Gravity.
GungHo Online EntertainmentFeb 2024
Cover of Netmarble 4Q 2023 & FY 2023 Earnings Results
Financial report13 pages

Netmarble 4Q 2023 & FY 2023 Earnings Results

Netmarble's fourth-quarter and full-year 2023 results show a company still under margin pressure but with improving operating momentum late in the year.

  • Netmarble reported full-year 2023 revenue of KRW 2,501.4 billion, a 6.4% year-over-year decline, though Q4 revenue grew 5.4% quarter-over-quarter to KRW 664.9 billion.
  • Q4 EBITDA surged 146.5% to KRW 60.4 billion, driven by the performance of 'Seven Knights Idle Adventure' and 'MARVEL Contest of Champions'.
  • International markets generated 83% of total annual revenue, with North America serving as the primary contributor at 45%, followed by Korea (17%) and Europe (12%).
NetmarbleFeb 2024
Cover of Netmarble 3Q 2023 Earnings Results
Financial report11 pages

Netmarble 3Q 2023 Earnings Results

Netmarble's third-quarter 2023 results show a modest operational recovery amid continued bottom-line losses. Consolidated revenue reached KRW 630.6bn, up 4.5% quarter-on-quarter but down 9.2% year-on-year.

  • Netmarble reported a Q3 2023 revenue of KRW 630.6 billion, a 4.5% increase quarter-over-quarter, though still reflecting a 9.2% year-over-year decline.
  • The company remains unprofitable, recording an operating loss of KRW 21.9 billion and a net loss of KRW 28.4 billion for the quarter.
  • EBITDA improved significantly by 126.9% quarter-over-quarter to reach KRW 24.5 billion, resulting in an EBITDA margin of 3.9%.
NetmarbleNov 2023