[Alpha Biz=(Chicago) Reporter Paul Lee] Despite Pearl Abyss' performance in the Black Desert last year, it performed poorly as the absence of new works continued and operating costs increased. The goal is to complete the development of the new Crimson Desert in the second half of this year and target the global market.

Pearl Abyss announced on the 14th that it recorded annual sales of 386 billion won, operating profit of 16.6 billion won, and net loss of 41.1 billion won last year. Sales and operating profit fell 4.4% and 61.4%, respectively, year-on-year.

Sales in the fourth quarter were 103.2 billion won and operating profit was 3.6 billion won, with sales falling 12.5 percent year-on-year and operating profit falling 85.8 percent. Operating costs were 99.6 billion won, up 8.0% from a year earlier and 16.7% from the previous quarter.

Last year, Pearl Abyss provided stable services in the global market through content updates and user-centered marketing of 'Black Desert' intellectual property rights (IP) and 'Eve'. In December last year, Black Desert presented its direction in 2023 by conducting banquets and large-scale updates to showcase new content to users in Los Angeles, USA.

Looking at annual sales by region, annual overseas sales accounted for 81%. The proportion of sales by region was 56% in North America/Europe, 25% in Asia, and 19% in Korea.

While continuing the stable service of the existing IP this year, Pearl Abyss will further strengthen its competitiveness in the global market based on the new IP expansion of Crimson Desert. Joint marketing discussions are currently underway with global partners and aim to complete development in the second half of this year.

 

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