On the baseball game synergy effect, achieving the largest quarterly sales ever
Com2us announced on the 11th that it recorded sales of KRW 193.4 billion, operating profit of KRW 3.8 billion, and net profit of KRW 14.9 billion in the second quarter of 2022. Revenue rose 26.5% year-on-year, achieving the largest quarterly sales ever, but operating profit fell 65.6% year-on-year due to operating costs and company acquisition costs.
In terms of regional sales, overseas sales decreased by 1.9% year-on-year to W114.9bn, but domestic sales rose 119.7% year-on-year to W78.5bn. Domestic sales have been rising because of the big baseball game lineup. In particular, the newly released Com2us Professional Baseball V22 was synergistic with other baseball games. Com2us expects to announce annual sales of $ 100 million in baseball game lineup in 2022.
Summers War: The Arena of the perforation is also doing well. In April, when the 8th anniversary event was held, the company recorded the highest sales, and the second quarter sales also grew by 7% year-on-year. In addition, continuous investments in the media content business have also achieved achievements, leading to the growth of Com2us. Sales of media contents of 57.7 billion won were recorded due to the performance of major affiliates such as Wiji Wick Studio and My Music Taste.
However, in the second quarter, operating costs increased 33.6% year-on-year as the Summers War Branch marketing and the production of contents of media content subsidiaries increased. In particular, outsourcing costs increased 2,719.8%year-on-year.
Com2us has accelerated earnings growth since the third quarter of 2022, starting with the expectation of Summers War: Chronicle. Summers War: Chronicle, which is scheduled to be released on the 16th, will target the market with a differentiated point called summoned MMORPG. Com2us plans to make Summers War: Chronicle the best MMORPG that succeeds not only in Asia, but also in North America and Europe.
Blockchain mainnets, media content business divisions, and metavus divisions are also expected to be further strengthened. Com2us Group’s Blockchain Mainnet XPLA (Xpla) will start full-scale operation on the 19th and grow into a global Web3 mainnet specialized in digital media contents including games. Content Value Chain Group companies, such as Wiji Wick Studio, who leaves as a meta bus content company, Nine Coms, the producer of the OTT drama ‘The Bride of Black’, and My Music Taste, which leads the global performance market, strengthened the global media content market through strategic synergy. have.
Launched as a joint venture, Com2 Bus has already partnered with partners in business areas of society, economy, and culture, and is accelerating research and development to build an all-in-one methabus platform. It is promoted to attract 40 billion won for major partnership companies to lay the foundation for stable and sustainable business expansion, and start with the methus office in the second half of 2022, and business with community, convention center, partner service, and general user open service. It will be expanded.