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Games & Commerce

Kakao Games sets rebound push with five new games, targets return to profit in Q1 2027

Kakao Games is reorganising non-core businesses under a new co-CEO structure and concentrating on launching five new titles. The company reported second-quarter revenue of 75 billion won and an operating loss of 23 billion won, with revenue down year-on-year and quarter-on-quarter. It sees sales bottoming in the second and third quarters, expects a meaningful rebound from the fourth quarter, and aims to turn profitable in the first quarter of next year.

Games & Commerce

KakaoGames posts Q2 operating loss of 23 billion won, seeks rebound by expanding lineup

KakaoGames said on Tuesday it posted an operating loss of 23 billion won in the second quarter, citing stabilising revenue from existing live titles and a lack of new releases. Revenue fell about 35 percent from a year earlier to 75 billion won. The company plans a third-quarter management reshuffle and business overhaul, and will start pre-registrations in August for the mobile MMORPG “Dokkaebi’s World” ahead of an October launch.

Games & Commerce

Kakao Games launches first shareholder returns under new management, burns 500,000 treasury shares

Kakao Games said on Tuesday it will implement its first shareholder return measures since listing, including cancelling 500,000 treasury shares, introducing a restricted stock unit plan and reducing capital reserves. It will burn 500,000 shares worth about 29.9 billion won on July 15, and use the remaining 354,009 shares for employee RSUs. The company also plans to transfer reduced capital reserves to retained earnings after shareholder approval.