Mgame set a record high for annual revenue last year on the back of the long-running success of popular game intellectual property (IP), including "Yulhyulgangho Online."
Mgame disclosed on the 20th that revenue on a consolidation basis rose 10% year over year to 91.7 billion won last year. Operating profit increased 36.7% to 17.6 billion won over the same period, and net profit came to 16.0 billion won, up 2.1%.
Long-running IPs, the massively multiplayer online role-playing games (MMORPG) "Yulhyulgangho Online" and "Knight Online," drove earnings growth with results in overseas markets including China, North America and Europe. Mgame said the addition of new revenue from the mobile MMORPG "Ghost Soul M," launched in 2024, helped it post record revenue last year.
Mgame plans to sustain growth this year by expanding its new game lineup based on long-running IPs and pushing ahead with global service expansion. In the first half, it plans to release an idle mobile game under development using the PC online game "Ghost Soul" IP. It will also roll out publishing (distribution) services for two mobile games within the year.
Building on the IP of another long-running MMORPG, "Droiyan Online," after releasing a mobile game developed and launched locally in China, the company plans to accelerate its push into the Chinese market by newly launching a web game in the first half of the year.
The company is also strengthening policies to enhance shareholder value based on financial soundness. Mgame decided on a cash dividend of 222 won per share last year and announced shareholder return measures including the complete retirement of 341,303 treasury shares.
Kwon I-hyung, Mgame's CEO, said, "In 2025, thanks to the global competitiveness of our existing key IPs and the success of the new title 'Ghost Soul M,' we were able to achieve a record performance of all-time high annual revenue for four consecutive years," adding, "This year, we will not only solidify our growth momentum by targeting global markets and expanding our new lineup, but also continue to strengthen active shareholder return policies and focus our capabilities on enhancing shareholder value."