
📊 Summary of Nexon Korea's 2025 Performance (Separate Financial Statements)
- 💰 Revenue: Approx. ₩3.1059 trillion (up 28.5% YoY)
- 📈 Operating Profit: Approx. ₩623.6 billion (up 59.1% YoY)
- 📈 Net Income: Approx. ₩1.328 trillion (up 37.6% YoY)
- 🌟 Financial Position: Total Equity of approx. ₩6.6149 trillion (debt-free management)
Nexon Korea has achieved its highest-ever performance, surpassing ₩3 trillion in revenue on a separate basis for the first time in 2025.
According to Nexon Korea's audit report released on the 10th, the company recorded ₩3.1059 trillion in revenue, ₩623.6 billion in operating profit, and ₩1.328 trillion in net income for 2025. Compared to the previous year, revenue increased by 28.5%, operating profit by 59.1%, and net income by 37.6%. The operating profit margin also improved from 16.2% to 20.1%, signaling a stronger profit structure.
A breakdown of revenue shows that game revenue reached ₩2.8883 trillion, a 20.1% increase year-on-year. Other revenue surged approximately 17-fold, from ₩12.9 billion to ₩217.6 billion. Given that sales transactions with its Swedish subsidiary, Embark Studios, jumped from ₩2.1 billion to ₩186.8 billion during the same period, this growth is estimated to reflect the performance of Embark Studios' new title, 'ARC Raiders.'
By region, domestic revenue grew by 35% to ₩2.2945 trillion, driving overall growth, while revenue from Europe increased 3.6-fold from ₩70.4 billion to ₩250.7 billion. Conversely, revenue from China (-25%) and Japan (-39%) showed a marked decline.
Cash-generating capability also strengthened. Operating cash flow rose 46.7% to ₩1.3693 trillion from ₩933.3 billion the previous year, and cash and cash equivalents at the end of the period reached ₩1.9554 trillion, more than double the previous year's figure. The large-scale disposal of other comprehensive income-fair value financial assets (listed stocks) worth ₩1.8365 trillion also contributed to the increase in cash.
The fact that net income more than doubled operating profit is largely due to dividends from subsidiaries. Nexon Korea recognized ₩772.3 billion in dividends as other income, ₩684 billion of which was received from NeoPle. Nexon Korea also served as a cash cow for the group, paying ₩1.8525 trillion in dividends to its parent company, NEXON Co., Ltd.
One notable point is the new recognition of ₩119.2 billion in current provisions, up from zero the previous year. The audit report does not specify the exact reason for this.
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