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Casual games account for the majority of Netmarble’s Q4 2021 revenue

Netmarble’s financial results for the Q4 2021 and the year as a whole are in, and overseas sales make up a vast majority of earnings

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Quarter four 2021 was a lucrative time for Netmarble, as the mobile giant’s revenue hit $656.6 million, while its EBITDA (earnings before interest, taxes, depreciation, amortisation) was $109.4 million. Furthermore, overseas sales account for 78% ($513.1 million) of this total, with the United States, Europe, Japan, and Korea among its key markets.

Overall, Netmarble’s financial performance for 2021 is quite impressive, with the company achieving $2.12 billion in revenue, while its EBITDA sat at $259.1 million. Again, overseas sales made up the majority of earnings with 73% ($1.6 billion) of the total. Of course, mobile games are to thank for this impressive performance, with casual games being the top-earning genre at 40%, while MMORPGs and RPGs follow, accounting for 26% and 21% of revenue, respectively.

As for specific games, Marvel Contest of Champions made up 12% of all earnings in Q4. Yes, this game is from Kabam, but the Netmarble US Kabam merger will be complete on March 1. Other games of note in the financial results include Ni No Kuni: Cross Worlds, The Seven Deadly Sins: Grand Cross, Blade & Soul Revolution, and Marvel Future Revolution.

“Our final quarter for 2021 saw notable increases in our overseas sales and EBITDA while operating profit and net profit saw substantial quarter-over-quarter growth thanks to the inclusion of titles from our acquisition of SpinX Games,” Netmarble CEO Young sig Kwon explains. “We will further solidify our competitiveness in the global market in 2022 with new titles revealed during our recent NTP event, and new divisions focused on Metaverse and blockchain.”

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If you enjoy Netmarble’s mobile offerings, you should check out our Marvel Future Revolution codes list and Marvel Future Revolution tier list. Alternatively, take a look at our picks for the best Marvel games to see who else needs a hero.