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NCSoft Q4 report
necrolock
Member UncommonPosts: 48
in Guild Wars 2
So, the NCSoft 4Q19 report was released today, and things are indeed looking grim for Guild Wars 2. The 4th quarter which is the holiday quarter should be one of the strongest, but it turns out it was the worst quarter by quite a margin.
You can download the Quarterly report here: http://global.ncsoft.com/global/ir/quarterly.aspx
Comments
NCSoft is ruthless and have done some truly questionable things way back in the day in Lineage 2. I stopped L2 and have N EVER looked back.
All I want is the truth
Just gimme some truth
John Lennon
As I said, hopefully they will serve as a cautionary tale of how not to try and design a game.
Q1 will be the interest numbers to look at, as GW2 got a new type of cosmetic item (cape) and that's the only thing that finance the game (new cosmetic items).
We shall see what the future brings, but then again we are dealing with a company that opted to fire lay off half it's staff as opposed to working towards building a better game for their community. So there is that to consider.
To a lesser extent the resurgence of both L1 and L2.
Also possible that there may be people that hop between the titles / move with promotions.
Big takeaway though: S. Korea remains NCSoft major market by a long way.
It's weird it is generating such little revenue as it's still quite popular. I played it last week and ran into so many people, and my guild had like 150 people online.
거북이는 목을 내밀 때 안 움직입니다
I have no idea what you are talking about. I think it is just sour grapes.
They've failed to create content at a pace to keep revenue up.
I think people get stuck on that, the subs I mean. If you can't get a quality product from the beginning, no amount of subs will change that.
I played with the numbers before, but that was over a year ago, so population no doubt has changed since then, but it was something like average player was spending $4± a month.
Since the smallest pack you can buy is $10 this basically means that a little less than half the population is buying anything at all.
Not justifying anything, just saying that is what happened. Whine all you want.
The expansions only caused a revenue spikes and going by the amount vs previous quarters revenues I actually doubt they made much of a profit with them.
HoT was even disastrous for the post-HoT quarters, as the game 2019 quarterly revenues outside Q4 are better than post-HoT/pre-PoF revenues which were a drop from what GW2 was making without releasing new content for over a year pre-HoT.
The Q4 result are tied directly to the build templates release (which happened at the start of Q4). Anet expected it to be their money maker for the quarter, but it flopped and they had nothing else to show. Also, WoW Classic release...
Would serve them right, for trying to cater to that group and not focusing on making what they had better for the group they had.
I believe the phrase is strangling the golden goose.
So we are not dealing with the smartest marshmallows on the stick here.