Wemade Max disclosed on the 12th that its operating loss on a consolidation basis in the second quarter narrowed 7.6% from a year earlier to 15.4 billion won.
Revenue rose 2.1% year over year to 33.7 billion won. Net loss narrowed 5.3% to 14.4 billion won from 15.2 billion won a year earlier.
Wemade Max said user metrics for its live games continued to grow. The massively multiplayer online role-playing game (MMORPG) "Flyff Universe" saw new and returning users flow in through e-sports events such as "FWC," pushing the average daily active users (DAU) and concurrent users (CCU) in the first half of this year up more than 20% from a year earlier. Monthly active users (MAU) also recorded a double-digit growth rate.
"Night Crows" also saw a rebound in user metrics with its third-anniversary update. It has obtained a foreign publishing license in China and is preparing to enter the Chinese market.
Wemade Max said it is also continuing to improve its expense structure. It plans to boost operational efficiency by project and strategically reallocate development resources, while continuing to invest in core development teams to strengthen the foundation for future growth. It is also pushing ahead with structural improvements to restore medium- to long-term profitability.
Wemade Max plans to accelerate efforts to secure next-generation growth engines in the second half. Madengine is preparing to unveil the global MMORPG "Night Crows W" in the second half of this year. Through a one-build global service, it will provide the same game experience to users worldwide and plans to incorporate new technologies such as an artificial intelligence (AI)-based companion system.
Alongside this, it is continuing development of the AAA open-world action RPG "Project TAL," the new subculture title "Project MO," and "Mir 5." Wemade Connect is also preparing a new title based on the "Hundred Note" IP and the collection RPG "Noah."
Son Myonseok, CEO of Wemade Max, said, "Long-running hit IPs are delivering stable results and making the company's business foundation more solid," and added, "While continuing to strengthen the competitiveness of our live services, we will secure new growth engines with titles to be rolled out in the second half and deliver meaningful results in the global market."