Game developer Neptune announced on the 14th that it recorded 31.6 billion won in consolidated revenue and 2.4 billion won in operating profit for the first quarter of 2025. Revenue increased by 31.3% compared to the same period last year, and operating profit surged by 194.5%. The proportion of overseas revenue accounted for more than 70% of total revenue.
Net profit was 7.3 billion won, a decrease of 67.1% compared to the same period last year.
In the game institutional sector, the subsidiary Tripla's "Cat Office" continued its revenue boost from the previous quarter, and Nimble Neuron's "Eternal Return" also maintained profitability with first-quarter revenue of 6.8 billion won, marking a 77.5% increase compared to the same period last year.
In the ad tech institutional sector, the subsidiary AdPie reported that both advertising transaction volume and revenue increased despite being the off-season, according to the company.
Meanwhile, KRAFTON recently acquired all shares of Neptune that Kakao Games held, securing a 42.5% equity stake and becoming the largest shareholder.
Kyung Yul-bin, CEO of Neptune, said, "We will seek various opportunities that contribute to long-term strategies such as expanding into global emerging markets based on synergy with KRAFTON."