NC (036570) Investor presentation summary

Industry overview

• Global gaming market projected to reach $228 billion by 2026, with a 4% CAGR from 2024–2027.

• Mobile gaming expected to grow at 5% CAGR, console and PC gaming at 2% CAGR each from 2023–2026.

• Korea accounts for 8% of the global gaming market and ranks fourth worldwide.

Company overview

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

• Ownership is diversified among retail investors (19%), management (12%), and major institutions.

• Strong asset base built on long-lifecycle MMORPGs and global expansion.

• Global development and publishing network spans Korea, North America, Europe, and Asia.

Financial highlights

• Q1 2025 sales were KRW 360.3 billion, down 12% qoq and 9% yoy; operating profit rebounded to KRW 5.2 billion.

• Full-year 2024 sales reached KRW 1,578.1 billion (down 11% YoY), with an operating loss of KRW 109.2 billion.