Krafton, which has signed games such as PUBG: Battlegrounds and PUBG Mobile , which is also very popular in our country, announced its financial reports for 2021. He noted that the company experienced the most profitable period in the company’s history last year. When we look at the reports, we see that Krafton grossed $1.21 billion in 2021. Detailed report and company description as follows;
Krafton announces highest grossing in 2021
Krafton, Inc. today announced preliminary earnings for 2021. KRAFTON reported annual revenues of USD 1.57 billion, according to the consolidated balance sheet, in accordance with the Korean International Financial Reporting Standard (K-IFRS). Annual revenue rose 13% year-over-year, a new high for the company. You can see the 2021 earnings details below:
DETAIL SUMMARY OF 2021 EARNINGS
2021 General Earnings Summary
- Annual Revenue: USD 1.57 billion (+13% compared to 2020)
- Operating Profit: USD 534.9 million
- Net Profit: USD 434.8 million
- Operating Cost: USD 1.04 billion (+292.8 million USD Year-over-Year)
- Operating Profit Margin: 34%
- Annual Overseas Sales Rate: 94%
Q4 2021 Earnings Summary
- Revenue: USD 371.3 million (+25.9% compared to Q4 2020)
- Operating Profit: $35.9 million
- Net Profit: $5.1 million
- Operating Cost: USD 335.4 million (+$62.2 million compared to the previous quarter)
- Operating Profit Margin: 9.7%
Rising marketing costs and one-time costs resulting from inventory compensation led to a slight increase in operating costs. When calculating the 2021 operating profit, more than $50.9 million was accounted for for the gift of the shares to shareholders. With this in mind, KRAFTON generated operating profits of more than $US585.3 million for the two consecutive years.
