Nexons Q4 2014 Investor Presentation
You may have seen [url=http://www.basilmarket.com/forum/2867515/0/Nexon_Announces_Fourth_Quarter_and_Full_Year_2014_Results.html]this thread,[/url] which mentions that Nexon has announced their Q4 2014 and full year results and links a couple articles.
However, if you are looking for the actual numbers and statistics, check this out:
[url=http://ir.nexon.co.jp/en/library/pdf/20150212_2.pdf]http://ir.nexon.co.jp/en/library/pdf/20150212_2.pdf[/url]
This is Nexon's presentation, which includes data regarding overall revenue, loss, year-over-year growth, etc. (as well as this data by region), along with their plans for future games and updates.
If you look at page 18, you'll note that Nexon took a net loss in 2014. (This means they lost money, which is bad.)
Nexon's CEO Owen Mahoney addresses this in [url=http://ir.nexon.co.jp/kr/library/pdf/20150212_3.pdf]a letter to Nexon shareholders[/url] by explaining that "2014 was year of building for Nexon." He goes on to explain Nexon's plans for the future by region.
What are your thoughts on Nexon's financial situation?
7 Comments • Newest first
They didn't lose money on 2014, just like i said in the other thread, they made 250 million dollars of net income in 2014 just like it says on page 3, what page 18 says is that they have a net loss in the forth quarter of 2014 (Oct-Dec).
@Nfeeble: When I meant "Wished I cared" I meant I don't care, I already gave most of my things away, so Im not comming back to maple
Edit: I'll be on basil, just for the community
1. gloops led to a significant goodwill impairment loss in their launched and failed mobile apps of 11 bil yen.
2. Continuing their 2015 expansion in gloops despite prior failure..
3. North American revenue was only 4%.. Maplestory, Mabinogi, Vindictus being their money makers
4. Extremely vague with "other expenses" for 4th Quarter despite being more than two thirds of total expenses..
5. goodwill went down 22% meaning that their game titles lost significant value from an investors standpoint from '13 to '14.
The only thing I took away from that is that 2015 is going to be a boring year of Nexon NA users.
They didn't have a net loss in 2014, only in Q4. They also lost money in Q4 last year, it isn't anything new.
Less money in their pockets means a signal for change.
Wish i cared