INVESTOR RELATIONS Com2uS Q Financial Results. August 10 th 2016

Transcription

1 INVESTOR RELATIONS 2016 Com2uS Q Financial Results August 10 th

2 Disclaimer All information and data in this document has not been audited by independent third party. Therefore, information and data contained in this document is subject to change upon an independent third party audit (or review), and should not be considered as an indication of future performance. Therefore investors should not make investment solely from this material and Com2uS does not intend and takes no responsibility about investment made by investors. 2

3 INVESTOR RELATIONS 2016 Contents Q Financial Results [Consolidated] Financial Results Revenue Composition Ⅰ Revenue Composition Ⅱ Operating Expenses Strategy Line-up 3

4 Financial Results (Consolidated) [Revenue] Quarterly Revenue 126,603 M KRW(QoQ -6%, YoY +17%) / 1 st Half Revenue 261,739 M KRW(YoY +30%) - Highest Half-yearly Revenue record [Profits] Quarterly Operating Profit 48,637 M KRW(QoQ -19%, YoY +21%) / 1 st Half Operating Profit 108,418 M KRW(YoY +43%) Quarterly Net Income 37,960 M KRW(QoQ -18%, YoY +22%) / 1 st Half Net Income 84,397 M KRW(YoY +4) - Reached 100 B KRW for the first time on half-yearly basis, showing continuous growth Quarterly [Unit : M KRW] 135, ,603 YTD [Unit : M KRW] 261, , ,025 40,328 31,124 59,782 46,437 48,637 37,960 75,937 58, ,418 84,397 2Q'15 1Q'16 2Q'16 1H'15 1H'16 Revenue Operating Income Net Income Revenue Operating Income Net Income Category 2Q 15 1Q 16 2Q 16 QoQ YoY Revenue 108, , ,603-6% +17% Operating Profit 40,328 59,782 48,637-19% +21% Net Income 31,124 46,437 37,960-18% +22% OP margin 37% 4 38% - - NP margin 29% 3 30% - - Category 1H 15 1H 16 YoY Revenue 202, , % Operating Profit 75, , % Net Income 58,419 84, OP margin 38% 41% - NP margin 29% 32% - 4

5 Revenue Composition Ⅰ [Overseas] Quarterly Revenue 107,559 M KRW(QoQ -8%, YoY +22%) / 1 st Half Revenue 224,790 M KRW(YoY +36%) - Maintained a high level of global performance making more than 100 B KRW quarterly from overseas - Hit 200 B KRW for the first time on half-yearly basis [Domestic] Quarterly Revenue 19,044 M KRW(QoQ +6%, YoY -5%) / 1 st Half Revenue 36,949 M KRW(YoY +2%) - As 2016 KBO league begins, baseball games revenue increased Quarterly [Unit : M KRW, %] 290,000 YTD [Unit : M KRW, %] 261, , , , , , , , , ,000 80,000 60,000 88,269 82% 117,231 87% 107,559 85% 140, ,630 82% 224,790 86% 90,000 40,000 40,000 20,000 20,021 18% 17,905 13% 19,044 36,394 18% 36, Q'15 1Q'16 2Q'16-10,000 1H'15 1H'16 Domestic Revenue Overseas Revnue Domestic Revenue Overseas Revnue 5

6 Revenue Composition Ⅱ Keep proving global competitiveness, well-balanced revenue distribution between Eastern and Western Markets - Optimized live operation and global marketing activity through accumulated data management with global user pool - Stable revenue composition Quarterly [Unit : M KRW, %] 108,290 5% 10% 135,136 31% 126,603 29% YTD [Unit : M KRW, %] 202,025 10% 261,739 30% 30% 29% 36% 29% 12% 16% 37% 13% 19% 37% 10% 27% 39% 37% 9% 48% 43% 41% 41% 18% 32% 13% 20% 21% 17% 18% 1 2Q'15 1Q'16 2Q'16 1H'15 1H'16 Korea Asia(ex-Korea) North America Europe Others Korea Asia(ex-Korea) North America Europe Others 6

7 Operating Expenses 85,000 75,000 65,000 Labor: keep recruiting developers, efficient labor cost management Service: linked to total revenue Royalty: linked to publishing games revenue Marketing: reinforcing preparation for 2 nd half level-up marketing Quarterly [Unit : M KRW, % of total expenses (% of total revenue)] 77,966 75,354 5,230 7% () 67,962 4,764 6% () Category 2Q 15 1Q 16 2Q 16 QoQ YoY 4,047 6% () Labor 7,652 10,941 9,774-11% +28% 16,264 22% (12%) 21,135 27% (17%) 55,000 20,662 30% (19%) Royalty 3,430 2,704 3, % +2% 45,000 35,000 40,682 5 (30%) 38,343 49% (30%) Service 32,171 40,682 38,343-6% +19% 25,000 32,171 47% (30%) Marketing 20,662 16,264 21, % +2% 15,000 5,000 3,430 7,652 5% (3%) 11% (7%) 2,704 (2%) 3,485 10,941 (8%) 9,774 (3%) 13% (8%) ETC 4,047 4,764 5, % +29% -5,000 2Q'15 1Q'16 2Q'16 Labor Royalty Service Marketing ETC Total Operating Expenses 67,962 75,354 77,966 +3% + 7

8 Strategy Global Top Class RPG Summoners War, Ready to be Global Top Game! O Summoners War has additional growth potential - Total Downloads still have room to grow o Well-balanced Revenue Global Hit Game Contents Optimized Business Model etc 13% US 25% 20% JP VS EU 13% 13% KR Summoners War Global Top Game Based on global downloads since launch Globally well balanced Revenue distribution CH Based on global revenue since launch o Strategic Update and Marketing - Consistent development and operation policy for game intrinsic value improvement Revenue 2H 16 US&EU Marketing EU Marketing KR/JP Marketing US Marketing 3Q 16 Update 4Q 16 Update 1Q 15 Guild War Update 4Q 15 Rift of Worlds Update Launch Time 8

9 Strategy o Major Update Summoners War from Global Top class RPG to Global Top Game! - 3Q, Craft System Each user create their own monsters and Runes so that they can differentiate and reinforce their monsters - 3Q, Opening 2 nd Rift dungeons - 4Q, Real time Arena Player vs Player in real time o Level up Marketing - Based on past global marketing experiences and database, Starting Level up marketing Planning Celebrity Marketing activities in North America and Europe from mid August Targeting not only hardcore RPG users but also other genre game users TVC + New Media(Facebook, Youtube, etc.) + OOH(Bill board, Subway, Bus stop, etc.) Major Update & Optimized Live Operation Level up Marketing Level UP as Global Top Game! 9

10 Line-up RPG Sports Inotia Aegis 9 innings 3D Project G2 Strategy Pocket Dungeon SQUARE Homerun Battle 3 Soulz Heroes War 2 Project S [New Technology(VR/AR) applied Line-up] Casual Ace Fishing - Global Downloads over 40M - Historically Revenue Ranking Top 10 in 68 counties(app store), 18 countries(google Play) Secret Clue Project DD Dance Ville Internal VR application test completed Preparing global launch for Ace Fishing VR version Deal with Market Trend with existing IPs First mover as a top game developer to lead future market trend 10