NCSoft's Q4 2015 Financials: Everything's Up!
It probably should have been obvious from the optimistic tone set by WildStar's state of the game address a few days ago, but today we got the confirmation we needed that the game might have been successfully resuscitated. Oh, and everything else related to NCSoft is doing spiffy, too.
Overall sales of all NCSoft games are up 21% from Q3 2015, with all six primary games seeing significant increases. Thanks to the Heart of Thorns expansion, Guild Wars 2 gets the biggest boost, both in terms of raw sales (37.331 billion KRW, or $31.2 million USD) and percentage increase, up 80% from Q3. Lineage, Lineage 2, Aion, and Blade & Soul also all reported higher sales.
But the big story is WildStar, which had been in decline for five straight quarters and never reported a quarter-over-quarter increase. It went from 1.727 billion KRW ($1.4 million USD) to 2.668 billion KRW ($2.2 million USD), an increase of 54%. It's not a huge total, but at least it's a step in the right direction.
Overall operating profit was up 48% quarter-over-quarter and net income 38%, so there were probably a lot of happy executives on the call. Here's an odd bit from the costs breakdown:
"4Q and 2015 total both grew due to an increase in baseball team related expenses and in fees paid"
NCSoft owns a baseball team? Well, apparently it does. Go Dinos!
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About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
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