Netmarble (251270) investor relations material

Executive summary

• Q1 2026 revenue was KRW 651.7 billion (₩651.7 billion), up 4.5% YoY but down 18.3% QoQ, with EBITDA at KRW 83.9 billion and margin of 12.9%.

• Operating profit reached KRW 53.1 billion, and net income attributable to controlling interests was KRW 210.9 billion, driven by asset disposals.

• New titles Stone Age: Idle Adventure and The Seven Deadly Sins: Origin contributed to revenue growth and portfolio diversification.

• Mobile games accounted for 84% of Q1 sales, reflecting a strong global presence and diversified portfolio.

Financial highlights

• EBITDA fell 43.7% QoQ but rose 2.8% YoY; EBITDA margin was 12.9%.

• Operating profit was KRW 53.1 billion (margin 8.1%).

• Operating expenses were KRW 598.6 billion, down 12.8% QoQ and up 4.2% YoY.

• Overseas revenue ratio reached 79%, up 2pp QoQ.

• Cash and cash equivalents at quarter-end were KRW 756 billion.

Segment performance

• Major titles each contributed 6–8% of revenue; top titles included Jackpot World, Lotsa Slots, MARVEL Contest of Champions, and Cash Frenzy.

• Genre mix: Casual 40%, RPG 37%, MMORPG 16%, others 7%.

• Regional revenue: North America 41%, Korea 21%, Europe 13%, Southeast Asia 12%, Japan 7%, others 6%.

• Mobile games: KRW 547.8 billion (84.06% of Q1 sales); PC/console: KRW 70.3 billion (10.79%).