Devsisters announced on the 12th its preliminary third-quarter 2025 results under K-IFRS consolidation.
Devsisters said it posted third-quarter 2025 revenue of 54.9 billion won, an operating loss of 700 million won, and a net profit of 1.6 billion won. Based on the annual operating roadmap for major live games, this quarter was a period with updates centered on casual content, leading to a temporary decline in revenue.
In the fourth quarter, major updates are scheduled for key game titles, and an immediate rebound in revenue is expected. Cookie Run: Kingdom restored user engagement at the end of September as the conflict narrative between the Ancient and Beast Cookies reached its peak, and it plans to maximize user acquisition and content immersion ahead of the fifth anniversary of its launch in January next year.
Cookie Run: OvenBreak also saw its user acquisition rate rise with the ninth-anniversary update and the e-sports tournament World Championship 2025, and it plans to carry the momentum through year-end in-game events.
Cookie Run: Braverse Card Game, a TCG (trading card game) that entered the North American market in July, saw revenue increase more than 206% from the previous quarter and has emerged as a new revenue source and a core business. On the 21st, the company will take part in PAX Unplugged in Philadelphia, United States, to expand user touchpoints and distribution channels, and in December it will hold the first official North American tournament, Champion Cup, to further grow the local TCG ecosystem.
Meanwhile, the new title Cookie Run: OvenSmash, set for global launch in March next year, will meet users at the Google Play booth at G-Star 2025, held from the 13th to the 16th. At the event, it will unveil the Castle Break mode, which received favorable reviews in the closed beta test (CBT), and the newly developed mode Drop the Beat, and it will also showcase a PC play experience based on Google Play Games.
Devsisters plans to expand its core growth drivers by developing new projects and securing new IP, and to secure sustainable competitiveness by strengthening Cookie Run IP-based businesses. The company said it is steadily pursuing a mid- to long-term growth strategy to leap forward as a global IP corporations.