NC (036570) Investor presentation summary

Industry trends and market outlook

• Global games market projected to reach USD 236 billion by 2025, with mobile platforms accounting for 46% of the market.

• MMO games market expected to grow to USD 75 billion by 2028, driven by various sub-genres.

• South Korea's games market reached USD 17.1 billion in 2022, with mobile games representing 59% and a 19% CAGR over three years.

• South Korean games exports have grown at 9% annually, with significant opportunities in North America and Europe.

Corporate governance and structure

• Board consists of 7 members, emphasizing independence, diversity, and expertise.

• Ownership is diversified among retail, domestic and foreign investors, management, and institutional stakeholders.

• Global development and publishing network spans Korea, North America, Europe, Japan, Taiwan, China, and Southeast Asia.

Financial performance

• Q2 2024 sales were KRW 368.9 billion, down 7% qoq and 16% yoy; operating profit was KRW 8.8 billion, down 66% qoq and 75% yoy.

• FY 2023 sales reached KRW 1,779.8 billion (down 31% yoy), with operating profit at KRW 137.3 billion (down 75% yoy).

• Net income for FY 2023 was KRW 213.9 billion, a 51% decrease yoy.