KakaoGames said in a regulatory filing on Tuesday that it posted an operating loss of 39.6 billion won last year on a consolidated basis, swinging to a deficit from a year earlier. Revenue fell 25.9 percent to 465.0 billion won over the same period, and net loss totalled 143.0 billion won.

It also said fourth-quarter revenue fell about 25.8 percent from a year earlier to 98.9 billion won, while operating loss came to 13.1 billion won.

Last year, the impact of a gap in new releases and expanded global investment was reflected in results. The company has scaled back non-core businesses and reoriented its business direction around its core games business, strengthening its structural foundation.

This year, it will accelerate platform expansion into genres as well as PC online and consoles, based on flexibility in managing funds. It plans to secure growth momentum by making visible a pipeline that targets global markets from the second half, after improving the quality of large-scale games and verifying markets.

In the first quarter, it will introduce the mobile casual game "SMiniz", inspired by artists under SM Entertainment, adding the global fandom casual genre to its lineup. It will then expand key intellectual property including "Odin" and "ArcheAge" to global platforms such as PC online and consoles through major new titles "OdinQ" and "ArcheAge Chronicle".

It also plans to sequentially unveil various new titles including the strategy adventure RPG "Dungeon Arise", the 2.5D MMORPG "Project OQ", the open-world zombie survival simulator "God Save Birmingham" and the subculture training simulation "Project C".

Han Sang-woo (한상우), chief executive of KakaoGames, said, "We plan to make visible the new titles we are preparing based on the restructuring we have built up so far." He said, "We will focus our capabilities on game development so that we can strive to present well-made new titles that are diversified not only through expansion of our own IP, but also across platforms, genres and regions."