Nexon net income as of Q4 2023

Net income generated by Nexon from 1st quarter 2011 to 4th quarter 2023

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Release date

February 2024

Region

Worldwide

Survey time period

Q1 2011 to Q4 2023

Special properties

net income attributable to owners of the parent

Supplementary notes

*In the fourth quarter of 2020, social gaming company Nexon reported a net loss of 29.78 billion yen. This figure is largely due to a 29.5 billion yen net loss in deferred tax liabilities on undistributed profits of an overseas subsidiary as well as a 21.0 billion yen FX loss primarily on U.S. dollar-denominated cash deposits. The company's operating income in this quarter amounted to 15.6 billion yen.

Beginning with the first quarter of the fiscal year 2013, Nexon is reporting its financial results consistent with IFRS. Q1-Q4 2012 have been adjusted retroactively as of February 2014.

As of the fourth quarter of 2012, net income had decreased largely due to write-downs and increased tax expense based on a new interpretation of an existing regulation by the Korean tax authorities.
As of fourth quarter of 2022, net income decreased Y/Y mainly due to a ¥25.0 billion FX loss primarily on U.S. dollar-denominated cash deposits.

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