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MapleStory drives revenue and profit growth for Nexon

Dungeon & Fighter Q3 update also hit big in China

Nexon reported increased revenue and profit in the third quarter, largely thanks to the performance of its evergreen titles Dungeon & Fighter and Maple Story.

In the three month period ended September 30, 2018, Nexon earned ¥69.3 billion in revenue, up 15% over the same quarter last year. Net profit for the quarter was ¥22.3 billion, up 14% year-on-year.

In a presentation for investors, Nexon highlighted the impact of Dungeon & Fighter's National Day Update in China, and the long-running MapleStory's continued popularity in Korea. Collectively, China and Korea represented 79% of the company's Q3 revenue - 45% from China, and 34% from Korea.

MapleStory's revenue increased 129% year-on-year, in fact, while a mobile version, MapleStory M, hit three million downloads in one week after its global launch this August.

In addition to its results, Nexon also announced a strategic investment in Patrick Söderlund's new studio, Embark, which will give it 33% of the voting rights in the new venture.

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Matthew Handrahan

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Matthew Handrahan joined GamesIndustry in 2011, bringing long-form feature-writing experience to the team as well as a deep understanding of the video game development business. He previously spent more than five years at award-winning magazine gamesTM.