SHIFT UP logo./Courtesy of SHIFT UP

SHIFT UP announced on the 10th that its fourth quarter revenue reached 59.258 billion won and operating profit was 42.062 billion won, representing increases of 29.3% and 29.9%, respectively, compared to the same period last year. Net profit for the period was 54.168 billion won, up 66.1%.

Looking at last year's annual performance, the provisional revenue recorded 219.853 billion won, a growth of 30.4% compared to the previous year. Operating profit reached 148.582 billion won, an increase of 33.8%. Net profit was 142.611 billion won, expanding by 33.7%.

SHIFT UP noted regarding the fourth quarter performance that "'Goddess of Victory: Nikke' is maintaining a stable monthly active user (MAU) count based on its two-year anniversary event." They also explained, "We are preparing to enter new regions such as China, working closely with a capable publisher that has abundant experience, and we are expecting good results."

They stated about 'Stellar Blade' that "despite being a narrative-based single-player game with an ending, we have been operating the game with ongoing updates just like a live service game," adding, "We have steadily built a strong global fan base."

They further explained, "In the fourth quarter, performance improvement updates targeting the PS5 Pro, collaborations with 'NieR: Automata', and Black Friday promotions were conducted, leading to consistent sales, and the IP enthusiasm is continuously maintained." They also mentioned that they are preparing to continue the success in the PC market.

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