Financial Glossary and Balance Sheet Summary
•
FY 2023 Financial Results
Record-breaking Revenues and Operating Income Driven by Strong Growth in Major Franchises and Successful Launch of New Games
Revenues
•
PC¹ revenues grew 25% Y/Y
MapleStory achieved record full-year revenue in its 20th year
FC ONLINE² marked record full-year revenues for the fifth year
in a row
China Dungeon&Fighter achieved solid growth
Mobile revenues grew 9% Y/Y; significant growth in FC
MOBILE³ and Blue Archive
Strong contributions from Wars of Prasia, DAVE THE DIVER,
MapleStory. The Legends of Maple in China and THE FINALS
(Unit: \ billions)
423.4
Operating Income
•
.
Increased Y/Y driven by revenue increases
Operating income margin went up from 29%
last year to 32%, driven by strong top-line
growth
HR costs increased Y/Y as we made further
investments in new talent for both new and
live games, as well as performance-based
bonuses for the strong 2023
Net Income
Decreased Y/Y primarily due to
Decreased FX gain; recording a gain of ¥10.4
billion in 2023 vs. ¥41.7 billion in 2022
Impairment loss of ¥44.4 billion on the AGBO
investment
Increased tax expense; recording an expense
of ¥54.8 billion in 2023 vs. ¥40.5 billion in 2022
353.7
134.7
103.7
100.3
70.6
2022
As reported:
Constant currency:
2023
+20%
+14%
1 PC revenues include other revenues besides PC online games and mobile games
2 Official title is EA SPORTS FC™ ONLINE (PC) and EA SPORTS FC™ ONLINE M (mobile).
3 Official title is EA SPORTS FC MOBILE.
4 Official title of MapleStory M in China.
2022
As reported:
Constant currency7:
2023
+30%
+25%
5 HR costs includes HR cost (COGS), HR cost (SG&A) and R&D (SG&A).
6 Net income refers to net income attributable to owners of the parent.
2022
As reported:
Constant currency:
7 Constant currency is a non-GAAP measure used to show performance unaffected by fluctuations in foreign currency exchange rates. Constant
currency basis amounts are calculated using the average foreign currency exchange rates for the comparable period in the prior year and applied
to the current period. As an example, we calculate royalty revenues from China Dungeon&Fighter by applying the same CNY/USD, USD/KRW and
KRW/JPY exchange rates from last year's same fiscal quarter.
2023
-30%
-32%
© 2024 NEXON Co., Ltd. All Rights Reserved. 12View entire presentation