South Korea · Delayed Price · Currency is KRW NC Corporation Earnings Call Transcripts
Fiscal Year 2026
-
Q1 FY2026 saw revenue surge 55% YoY, driven by record PC segment results and strong mobile casual growth. Confident in meeting KRW 2.5 trillion annual guidance, with robust pipelines and new launches supporting long-term targets.
Fiscal Year 2025
-
Q4 and full-year 2025 saw strong PC growth from AION 2, disciplined cost control, and a one-time property gain. 2026 guidance targets up to KRW 2.5 trillion revenue, driven by global launches and mobile casual expansion, with improved operating margins expected.
-
Q3 sales fell 6% QOQ and 10% YOY to ₩360B, with an operating loss due to lower sales and one-time severance, but net income surged to ₩347.4B from a major real estate gain. Ion 2 launches soon, with global expansion and new IPs planned for 2026.
-
Q2 2025 saw sales and operating profit rise on strong legacy IP performance, though net income turned negative due to FX impacts. Multiple new titles and regional expansions are planned, with a focus on quality, cost optimization, and mobile casual market entry.
-
Q1 2025 saw revenue and profit declines year-over-year, but sequential improvement due to cost reductions. Management is optimistic, targeting KRW 2–2.5 trillion in 2025 sales, driven by legacy and new IP launches, with a focus on efficiency and targeted marketing.
Fiscal Year 2024
-
Major restructuring completed with a focus on efficiency and legacy MMORPGs, while six shooter games are planned for release. AI investment and tailored marketing strategies aim to drive a turnaround in the second half of the year.
-
Q3 2024 saw a net loss of ₩26.5 billion amid rising costs and restructuring, despite mobile game sales growth. The company is accelerating cost optimization, shifting to a studio-based model, and planning multiple new title launches in 2024–2025.
-
Q2 2024 saw lower sales and operating profit but a sharp rise in net income due to FX gains. Major updates and global launches are planned, with cost efficiency and portfolio diversification underway. Headcount reductions, M&A, and a treasury stock buyback support shareholder value.