Netmarble Games IPO (Part 2): A Human, Elf, Dark Elf, and A Dwarf on Its Way to $1Billion+ in Sales
We estimate Netmarble Games to generate sales of 2,961 billion won in 2017, up 97.4% YoY. We expect L2R to generate 1,125 billion in sales in...
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Netmarble Games IPO Part 2 - Business Structure, Sales Breakdown & Valuation
Netmarble Enterprise as a business group is basically a mobile game development/publishing company. It also serves PC games, but PC games account...
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Netmarble Games IPO Part 1 - Schedule, Financials & Valuation
Netmarble Games finally submitted the IPO book. Netmarble Games IPO will be Korea’s biggest IPO this year. Its indicative price band is ₩121,000 -...
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Nexon's Unimpressive Mobile Business - Real Problem Is Low Morale Among Its Game Developers
the company's overall performance in 2016 wasn't really bad. If we factor in strong yen and Gloops' impairment loss, we can safely say that Nexon...
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NCsoft's Recent Price Fluctuation - Root Cause and Dilemma
NCsoft has gained a lot of attention in the stock market last week. The price fell nearly 10% on a single day (Dec 1). It again fell about 10% on...
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