KRAFTON Achieves Record-High Quarterly Sales in Q1 2025
KRAFTON achieved significant growth across all of its business divisions, including PC (323.5B KRW), mobile (532.4B KRW), and console/others (18.3B KRW).
Significant Growth and Core IP Direction
KRAFTON achieved significant growth across all of its business divisions, including PC (323.5B KRW), mobile (532.4B KRW), and console/others (18.3B KRW). On PC platforms, PUBG: BATTLEGROUNDS ' diversified content and strong live-service operations contributed significantly to growth while the successful launch of a new IP, inZOI, also played a pivotal role. On mobile, premium items, strategic IP collaborations, and localized marketing efforts drove increased sales. This was especially true for BATTLEGROUNDS MOBILE INDIA (BGMI), which generated positive player response through notable collaborations, including one with Indian automobile manufacturer Mahindra, which achieved the highest localized sales-to-date for the title.
The all-time high first quarter success can be attributed to the expansion of the PUBG IP franchise, as well as KRAFTON's ongoing strategy of securing a 'Big Franchise IP.' Since its transition to a Free-to-Play (F2P) model, PUBG has demonstrated its sustainability by surpassing 1.4 million concurrent users in March. Moving forward, KRAFTON will continue to enhance the player experience through collaborations with renowned artists and brands, new maps, and different game modes. The company also plans to broaden its player base and global presence by releasing new PUBG-based titles, including the extraction shooter Project Black Budget, the console-focused battle royale Project Valor, and the top-down tactical shooter PUBG: BLINDSPOT. By adopting photorealistic graphics powered by Unreal Engine 5 and introducing user-generated content (UGC), KRAFTON aims to evolve PUBG into a comprehensive 'PUBG 2.0' gaming platform.
KRAFTON's results can also be linked back to inZOI, which launched in Early Access on March 28 and sold over one million copies in its first week, becoming the fastest-selling KRAFTON title ever. Approximately 95% of its sales came from global markets, showcasing KRAFTON's strength in creating a globally successful original IP. By continuing to leverage the title's advanced CPC (Co-Playable Character) AI technology, Smart Zoi, KRAFTON plans to enhance gameplay and develop inZOI into another long-term franchise IP.
Exciting New Titles and Strategic Expansion in India
KRAFTON is strategically tailoring its development and publishing approach to each of its new titles. The PC life simulation game Dinkum officially launched globally on April 23 with localization expanded to 14 languages. The company plans to strengthen the Dinkum IP franchise by expanding it to new platforms and launching a spin-off game called Dinkum Together. Additionally, the highly anticipated Subnautica 2 is scheduled for Early Access later this year and aims to actively integrate player feedback into future development.
In addition to new titles, a core strategic market for KRAFTON continues to be India, where it is focused on solidifying its market position after strong growth with BGMI. In March, the company acquired a controlling stake in Indian studio Nautilus Mobile and secured the IP for Real Cricket, India's leading cricket game with over 250 million downloads and 10 million monthly active users. Building on this momentum, KRAFTON will further strengthen its localized strategy through new content, targeted marketing, additional game publishing, and ongoing business development efforts to discover its next major IP in India.
Quarterly Financial Highlights (Unit: KRW 100M)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
3 hours ago
- Business Wire
Hawaii American Water Granted New Rates by Hawaii Public Utilities Commission
HONOLULU--(BUSINESS WIRE)--The Hawaii Public Utilities Commission (HPUC) has approved new wastewater rates for Hawaii American Water's Hawaii Kai, Mauna Lani, and Waimea service areas. The company's rate request was filed on August 5, 2024, and was primarily driven by over $40 million in local infrastructure upgrades in all three districts. The new rates reinforce the company's commitment to replace aging infrastructure, provide safe and reliable service, comply with environmental regulations and support infrastructure improvements for treatment plants, collection systems and pump stations. 'We are committed to making necessary infrastructure investments that allow us to continue providing safe and reliable wastewater services, while also enhancing the systems for long-term sustainability, resiliency and environmental protection,' said Lee Mansfield, Senior Manager Operations, Hawaii American Water. 'Our approach to consistent and efficient investment balanced with managing costs helps us deliver reliable and affordable service to our customers.' New rates are expected to be effective in early August 2025. The typical single-family customer in Hawaii Kai will see a monthly rate increase of approximately $4. For our Big Island operations at Mauna Lani and Waimea the typical single-family customer will see a rate increase of approximately $18 to $25 per month. The last rate adjustments were September 2003 for Mauna Lani operations and January 2011 for Waimea operations. The company last filed a rate case for the Hawaii Kai system in 2021. Customers will receive information about the new rates on their Hawaii American Water bill. Information will also be available on the company's website under Customer Service Billing, Your Wastewater Rates. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About Hawaii American Water Hawaii American Water, a subsidiary of American Water, provides high-quality wastewater services to approximately 30,000 people. AWK-IR
Yahoo
7 hours ago
- Yahoo
Micron Technology, Inc. (MU): A Bull Case Theory
We came across a bullish thesis on Micron Technology, Inc. on Rijnberk InvestInsights's Substack by Daan | InvestInsights. In this article, we will summarize the bulls' thesis on MU. Micron Technology, Inc.'s share was trading at $114.39 as of July 18th. MU's trailing and forward P/E were 20.61 and 9.40 respectively according to Yahoo Finance. A robotic arm holding a semiconductor chip, emphasizing the precision and quality of the company's production equipment. Micron Technology, a leading U.S.-based memory semiconductor producer, remains a controversial investment. As one of three global DRAM and NAND giants, it benefits from scale, process leadership, and high barriers to entry but operates in a deeply cyclical, commodity-like market, deterring many long-term investors. DRAM, its largest segment (≈70% of revenue), has gained market share to ~25% amid early DDR5/LPDDR5X adoption, node leadership (1αnm/1βnm), and a pivot to AI, automotive, and industrial applications. NAND (≈30% of revenue) remains more challenged, with Micron holding ~11–12% share, behind Samsung and SK Hynix. Its fastest-growing business, high-bandwidth memory (HBM), is critical for AI workloads; Micron's HBM3E/4 products lead in power and capacity, with 2025 output sold out and share expected to reach 20–25% by year-end. Integrated manufacturing, U.S.-heavy production, and diversification limit geopolitical risk. Financially, Micron is rebounding sharply: Q3 FY25 revenue grew 37% YoY to $9.3B, gross margin hit 39%, EPS surged >200% YoY, and free cash flow reached $1.9B despite $2.7B in capex. Management guides Q4 revenue up 15% sequentially to $10.7B and EPS of $2.50, with DRAM and HBM driving mid-teens bit growth. Structural AI, data center, and automotive demand should sustain a low-double-digit CAGR through cycles. Valuation remains attractive at ~10x FY26 earnings, with a PEG of ~ investors with a 5–10 year horizon and a tolerance for 30–50% drawdowns, Micron offers exposure to secular AI-driven growth. Shares near $125 could deliver mid-teens annualized returns, with upside if current execution persists. Previously we covered a on Micron Technology, Inc. by Oliver | MMMT Wealth in April 2025, which highlighted its technological edge, secular AI-driven memory demand, and undervaluation as key drivers. The company's stock price has appreciated by approximately 69% since our coverage. This is because AI and data center tailwinds accelerated. The thesis still stands as structural demand persists. Daan | InvestInsights shares a similar but emphasizes on Micron's HBM leadership and financial rebound. Micron Technology, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 96 hedge fund portfolios held MU at the end of the first quarter which was 94 in the previous quarter. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
Yahoo
17 hours ago
- Yahoo
Viavi Solutions Inc. (VIAV): A Bull Case Theory
We came across a bullish thesis on Viavi Solutions Inc. on Viavi Solutions Inc. In this article, we will summarize the bulls' thesis on VIAV. Viavi Solutions Inc.'s share was trading at $10.31 as of July 23rd. VIAV's trailing and forward P/E were 515.50 and 17.86, respectively according to Yahoo Finance. Image by Akela999 from Pixabay Viavi Solutions Inc. (NASDAQ: VIAVI) is a global leader in network test, monitoring, and assurance solutions that underpin the reliable deployment of AI applications across data centers and enterprise networks. The company's technology enables high-speed, high-integrity data infrastructure critical for AI workloads, supporting both hyperscale and enterprise data centers as AI transitions from the compute build-out to application deployment. Viavi's offerings ensure network performance from the core data centers, where compute is concentrated, to the edge, where AI inference increasingly takes place. Its advanced optical technologies serve a broad range of industries, reinforcing its role as an indispensable enabler in the AI ecosystem. With AI entering Phase 2, the acceleration of application deployment, the demand for reliable and efficient network infrastructure has become more urgent, as the return on heavy capital expenditure depends on seamlessly running these AI systems. Viavi is well-positioned to capitalize on this need, providing the critical assurance that network systems will function smoothly as AI-driven workloads scale. The company was recently added to the portfolio and subsequently increased during broader market weakness, reflecting strong conviction in its growth trajectory. Viavi stands to benefit meaningfully as the focus shifts from building AI compute capacity to unlocking value through the widespread deployment of AI applications, particularly at the network edge, where its solutions are mission-critical. This unique positioning creates a compelling investment case as Viavi's role becomes increasingly integral to the realization of AI's next growth phase. Previously, we covered a bullish thesis on Trex Company, Inc. (TREX) by Stock Analysis Compilation in June 2025, which highlighted structural growth in composite decking, Trex's market leadership, and strong secular tailwinds. The company's stock price has appreciated by approximately 18.18% since our coverage as the thesis played out. The thesis still stands as composite adoption rises. The Viavi Solutions Inc. author shares a contrarian view, emphasizing AI-driven network infrastructure growth. Viavi Solutions Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held VIAV at the end of the first quarter which was 28 in the previous quarter. While we acknowledge the potential of VIAV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
