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DomiNations and HIT help Nexon drive 10% revenue jump in 2015 - MCV

DomiNations and HIT help Nexon drive 10% revenue jump in 2015

South Korean mobile studio saw income rise by more than a third last year
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Mobile developer and publisher Nexon experienced financial growth across the board last year.

The firm’s Clash of Clans-esque strategy title DomiNations was among the new releases helping to drive revenue, as the game’s popularity surged following its release in April.

Full year revenue for Nexon came to 190.3 billion yen (£1.14bn), a 10 per cent jump on 2014.

Meanwhile, operating income grew by over a third (37 per cent) to reach 62.3 billion yen (£0.37bn).

Q4 alone delivered a seven per cent rise versus the previous year, with ‘higher than expected’ Dungeon & Fighter and HIT sales boosting revenue to 45.8 billion yen (£0.27bn).

“Nexon’s solid performance throughout 2015 was driven by our relentless focus on the quality of our live and new games and the expansion of world class partnerships. Our full-year revenues, operating income and net income all grew year-over-year, reflecting the positive response from players of our high-quality titles,” said president and CEO Owen Mahoney.

“Player retention and growth among our existing games was strong, and Nexon’s pipeline of new titles delivered impressive initial results.

"DomiNations surpassed 17 million total downloads worldwide and HIT immediately took first place for top-grossing app in Korea on Google Play and the iOS App Store.”

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