South Korea · Delayed Price · Currency is KRW Pearl Abyss Earnings Call Transcripts
Fiscal Year 2025
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Q4 2025 saw a revenue decline and operating losses, but EVE Online achieved record quarterly revenue and Black Desert maintained strong user engagement. Crimson Desert's imminent launch is backed by major marketing efforts, with future growth expected from new titles and accelerated development cycles.
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Q3 2025 saw a 34% QoQ revenue increase, led by Black Desert's record performance and a return to profitability. Preparations for Crimson Desert's launch are on track, with strong pre-order feedback and intensified marketing planned ahead of its March release.
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Q2 2025 saw a revenue decline and net loss due to weak updates and FX losses, but EVE Online achieved its best performance since 2016. Crimson Desert's launch is delayed to Q1 2026, with intensified marketing and positive demo feedback.
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Q1 2025 saw a revenue decline and operating loss due to reduced one-off gains and higher development costs, while Black Desert and EVE maintained stable service with new content. Crimson Desert's marketing intensified globally, receiving strong feedback and driving high expectations.
Fiscal Year 2024
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2024 saw revenue growth and a sharp rise in net profit, driven by Black Desert's global events and the launch in China. Crimson Desert is set for a Q4 2025 launch with aggressive marketing, while new projects like DokeV and PLAN 8 will accelerate post-launch.
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Q3 saw a revenue decline and operating loss, with major investments in new game launches and marketing, especially for Crimson Desert. Black Desert China and EVE Galaxy Conquest launched, while Crimson Desert neared completion and received strong acclaim at global events.
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Q2 2024 saw a revenue decline and operating loss due to high development costs, but EVE IP revenue grew 20% QoQ. Black Desert China is set for a second-half launch, and Crimson Desert is nearing completion with major demos planned.