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슬롯 무료스핀, INC. REPORTS RECORD REVENUE OF $405.7 MILLION USD FOR Q1 2022

  • Date2022. 05. 14

Steady growth of the 슬롯 무료스핀 IP and 슬롯 무료스핀 MOBILE’s continued success helped drive growth as 슬롯 무료스핀 looks toward the release of new IP later in 2022

AMSTERDAM, NETHERLANDS – May 13, 2022 – 슬롯 무료스핀, Inc., the South Korea-headquartered creators of the 슬롯 무료스핀: BATTLEGROUNDS battle royale game, today shared its preliminary earnings announcement for Q1 2022. 슬롯 무료스핀 posted $405.7 million USD in quarterly revenue according to consolidated financial statements in accordance with the Korean International Financial Reporting Standard (K-IFRS). This was a record high in quarterly revenue for 슬롯 무료스핀, which was up 17.8% quarter-over-quarter and up 13.5% year-over-year. See below for additional Q1 2022 earnings details:

SUMMARY OF 슬롯 무료스핀 2022 EARNINGS DETAILS

  • 슬롯 무료스핀: $405.7 million USD (+17.8% QoQ and +13.5% YoY)
  • Operating Profit: $241.9 million USD (+628% QOQ and +37% YoY)
  • Net Profit: $190.2 million USD
The spike in quarter-over-quarter and year-over-year Operating Profit was driven by reduced operating costs (e.g., marketing costs) and the removal of one-off costs incurred from stock compensation in 2021.

FACTORS THAT CONTRIBUTED TO QUARTERLY GROWTH

During 슬롯 무료스핀 2022, the PUBG IP showed balanced growth on each platform. As a strong number of legacy users returned to the game following 슬롯 무료스핀: BATTLEGROUNDS’ transition to free-to-play (F2P) in January 2022, average monthly active users (MAU) nearly tripled compared to Q4 2021. The number of paying users increased more than two-fold, thereby considerably contributing to bolstered quarterly sales. As a result, 슬롯 무료스핀: BATTLEGROUNDS PC sales reached $82.3 슬롯 무료스핀 USD, up 61% YoY. 슬롯 무료스핀: BATTLEGROUNDS console sales increased 124% QoQ and 274% YoY.

슬롯 무료스핀: MOBILE recorded revenue of $307.1 million USD during 슬롯 무료스핀 2022, which was up 30% QoQ and up 5% YoY. These increases were driven by a number of in-game IP collaborations and robust live service systems.

International markets (outside South Korea) drove 95% of 슬롯 무료스핀’s Q1 2022 revenue. The company has contributed to the development of the local game industry in India by strategically investing in the country’s IT and media ecosystems. Accordingly, BATTLEGROUNDS MOBILE INDIA sustained an uptrend of market share and sales.

NEW GAMES AND EXPANDED BUSINESS FOCUSES IN 2022

슬롯 무료스핀 is set to release new titles, such as code name “Project M” and The Callisto Protocol this year. Unknown Worlds, the creators of the Subnautica series that 슬롯 무료스핀 acquired in 2021, are creating a new game, code name “Project M,” which is slated for early access later this year. “Project M” is a wholly unique turn-based strategy game set in a sci-fi world. The Callisto Protocol, an original survival horror game developed by Striking Distance Studios, is also set to launch in 2022. Furthermore, in-house project incubation teams have been developing deep learning-based games and running public tests on Steam.

In addition, the company has been working on strengthening the Web 3.0 business and establishing a joint venture with NAVER Z. A team consisting of members who are dedicated to NFT research and have game R&D experience has been designing a Sandbox editing tool that can be utilized to develop games and implement the metaverse. The team aims to conduct an alpha test in the first quarter of 2023. As such, 슬롯 무료스핀 plans to make wide-ranging efforts to build the Create to Earn (C2E) ecosystem.

BREAKDOWN OF 슬롯 무료스핀 2022 PERFORMANCE RELATIVE TO PREVIOUS PERIODS

Earnings
(슬롯 무료스핀 2022)
Earnings
(슬롯 무료스핀 2021)
Variance
(YoY %)
Earnings
(Q4 2021)
Variance
(QoQ %)
슬롯 무료스핀 5,230 4,610 13.5% 4,440 17.8%
Operating Profit 3,119 2,272 37.3% 430 625. 5%
Net Profit 2,452 1,940 26% 62 3,830%

▲Table: 슬롯 무료스핀’s 1Q22 (preliminary) earnings on a consolidated basis (unit: KRW100M)

For the latest information on 슬롯 무료스핀, please visit www.슬롯 무료스핀.com.

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