Sales down, income up for NCsoft

Korea-based developer of Guild Wars and upcoming Tabula Rasa reports second-quarter financials.

by

Massively multiplayer online game specialist NCsoft has released its latest financials for the quarter ending July 31, 2007. The second quarter of 2007 saw the company's sales drop 11 percent to 75.9 billion Korean won ($82.1 million), and "operating income" rise a staggering 533 percent to 10.6 billion Korean won ($11.5 million) year over year. The company also announced that its net income had "returned to profitability."

The biggest percentage of sales came from the company's native land of Korea, with 59 percent of the total ($52.5 million), followed by North America with $13.9 million, Japan with $8.3 million, and Europe with $4.9 million. Royalties totalled $3.9 million.

Lineage II was the most successful title in Q2, racking up 32.1 billion Korean won ($34.7 million), followed by Lineage with 25.5 billion Korean won ($27.6 million). Guild Wars brought in 8.3 billion Korean won ($8.9 million), and City of Heroes/City of Villains 6.4 billion Korean won ($6.9 million). Although the two Lineage titles were ahead in sales, income dropped 16 percent for Lineage and 2 percent for Lineage II, while income from the City of Heroes/City of Villains franchise rose by 7 percent.

In the third quarter of 2007, Lineage II The Chaotic Throne: The Kamael will launch, along with SP Jam and Atrix. Aion will start closed beta testing on Halloween--October 31--in Korea. In the west, the Guild Wars expansion pack, Eye of the North is coming August 31, and upcoming sci-fi MMO Tabula Rasa is scheduled for an autumn release.

Discussion

28 comments
dengdyd
dengdyd

make your game on ps3 right now , stop doing a 6 year old lineage over and over.

AceCometh
AceCometh

NCSoft is supposed to be bringing some form of game to the PS3. That's what it has to do with consoles. I get the funny feeling that City of Heroes/Villains will be ported to Sony's console. I could careless what the bring... I won't buy it anyways.

suprcombo
suprcombo

[This message was deleted at the request of the original poster]

GoodkupoBan
GoodkupoBan

@Jagzthebest What the hell does NCsoft have to do with the PS3? I thought they only made PC MMOs.

Jagzthebest
Jagzthebest

HURRY UP WITH THE PS3 GAMES, GET TO WORK! :twisted:

Merl57
Merl57

I like guild wars but not paying per month for tabula even though it looks cool.

fistoflight
fistoflight

boy when they are finished launching those games they are if not already gonna start working on the ps3 exclusive games :]

McHenry2
McHenry2

good i guess? i don't own guild wars but my friends friend got me into the beta before it came out cuz he preordered it, i'm not into RPG's but I enjoyed the P v P

chikahiro94
chikahiro94

Actually, the numbers for COH went up with i9 which introduced the Invention System (crafting) and the Consignment Houses (Whitworths and the Black Market). I love COH, and was surprised at how much I enjoyed the new additions as well as how easily I can ignore them if I want. But, like many additions Cryptic has brought about (SG's, PVP, etc) they're completely optional parts of the game :) And congratulations to NCSoft on the whole! I'm waiting for Exteel to go open beta and get released, as it looks awesome (why no mention of it, though?).

gozalo
gozalo

Lineage 2 isint for the casual player, its a grind-o-rama, 2 years to get half way to the level cap, no i am not kidding.

jakndaxter7223
jakndaxter7223

[This message was deleted at the request of a moderator or administrator]

desolation00
desolation00

Garriot's behind a MMO game that isn't Ultima? You have piqued my interest.

Agreb91
Agreb91

Yay for them making money on lower sales!

pwkalt1
pwkalt1

The reason City of Heroes/City of Villains is up 7% is because they just released their newest free expansion: "Invasion!". And, I mean, C'mon? Who doesn't want to fight off an invasion of super-powered aliens from another dimension?

bryinx
bryinx

lol... im part of the 7% that started playin city of heroes.... not a bad game at all rly...

Targzissian
Targzissian

Tabula Rasa is going to use an upgraded version of the Auto Assault engine, I hear. And Auto Assault will close on August 31, just a few days after my free month of play runs out. It's been fun, but not spectacular, and I'm glad the resources required to maintain it will be diverted to other things.

Staryoshi87
Staryoshi87

Keep up the good work, NC. Loved Lineage 2, love Guild Wars, curious about Tabula Rasa.

lucky326
lucky326

Lets Hope GuildWars Eotn brings in more for them.

Icarusmk3
Icarusmk3

Considering that Lineage I and II are the 2nd and 3rd biggest MMORPG after WoW (both with over a million subscribers), it seems strange that people in North America haven heard of them. But thats probably why they're penetration in NA sucks. Hopefully Richard Garriot's Tabula Rasa will set them into a more mainstream audience.

Pastehunter
Pastehunter

Never heard of them :o Thats weird .

darthzew
darthzew

Fifth. I've never heard of NCsoft....... So, well good for them....

BigC43
BigC43

NC Soft is pretty popular over in Korea, I guess.

7thRonin
7thRonin

hey Im third guys !!!! yeah lets do a party !!!

Williedude87
Williedude87

First. Always wanted to say that. That's very interesting actually.