NCsoft 2009 financials get high on Aion
by Richard Mitchell 
on Feb 11th 2010 6:00AM
Generally speaking, when a company can post a year-over-year growth in the double digits, it's doing pretty well. We write up a lot of
financial news here at the 'Stiq, and it's not often that we can report that a company managed a
623 percent increase in its income. And yet, here we are, as
GameSpot reports that
NCsoft has done exactly that -- thanks in no small part to its latest MMO,
Aion. Specifically, NCsoft reported revenues of KRW634.7 billion ($546 million) for its fiscal 2009, an 83 percent increase over the previous year. Actual
income (profit, in other words) reached KRW185.4 billion ($160 million), a 623 percent increase over 2008.
Narrowing things down solely to the company's 4th quarter, income was actually up
1009 percent over the same period last year, with NCsoft reporting KRW72.1 billion ($62 million). Fourth quarter revenues, meanwhile were up 99 percent at KRW197.3 billion ($170 million).
Again, all this is mostly on the fantastic back of
Aion, which brought in 43 percent of the company's game revenue for 2009, followed by
Lineage II with 26 percent, the original
Lineage with 23,
City of Heroes with 4,
Guild Wars with 3 and other titles with 1 percent.
[Via
Edge]
