1. South Korea Stocks

  2. •

    Technology

  3. •

    Software - Application
Nat Games Co.,Ltd.

Nat Games Co.,Ltd.

225570.KQ
Nat Games Co.,Ltd.KR flagKOSDAQ
8,770.00
KRW
-80.00
- -
551.52BMarket Cap
Nat Games Co.,Ltd.
225570.KQ
(KOSDAQ)

Recent

price

8,770.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
1,327.48
1,056.81
1,010.87
1,185.17
2,857.25
2,210.49
2,407.72
3,028.91
4,006.91
2,825.13
2,678.67
Revenue per Share
36.72
500
-145
-539
-710
916
-279
110
177
492
-974
-1,316.19
Basic EPS, GAAP
-13.12
660.24
317.74
-490.61
-499.7
751.76
973.78
469.67
503.55
929.57
-739.13
-1,009.75
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
800.72
673.74
553.63
-26.05
-663.7
351.84
72.5
451.22
2,916.8
3,404.83
2,454.18
2,116.73
Book Value per Share
14,082.12
758.37
1,308.95
749.88
1,548.93
2,288.56
2,133.6
3,650.96
3,563.3
4,336.5
3,461.94
3,181.11
Tangible Book Value per Share
1
19
21
23
24
28
29
55
64
64
63
63
Basic Weighted Avg Shares
- -
25,631
22,408
23,584
28,498
81,404
63,084
132,375
193,272
256,071
179,317
169,525
Sales/Revenue/Turnover
- -
40.25
-16.65
-45.67
-60.04
31.34
-6.3
3.89
6.22
15.14
-33.59
-45.1
Operating Margin (%)
- -
392
797
911
2,670
2,873
3,109
4,812
9,533
14,767
17,115
17,824
Depreciation Expense
43
9,654
-3,074
-12,575
-17,073
26,097
-7,962
6,048
11,294
31,442
-61,822
-83,298
Net Income, GAAP
22
6.39
- -
- -
- -
- -
- -
1.65
28.23
28.15
- -
- -
Effective Tax Rate (%)
- -
37.67
-13.72
-53.32
-59.91
32.06
-12.62
4.57
5.84
12.28
-34.48
-49.14
Profit Margin (%)
17,794
14,018
30,413
17,649
42,432
61,328
56,361
144,359
171,157
231,120
168,994
150,299
Working Capital
1,069
1,097
877
- -
12,129
10,307
11,391
11,597
16,613
67,505
61,926
66,230
LT Debt
16,681
15,133
29,508
18,669
38,151
66,387
61,613
237,049
262,844
312,706
254,874
236,318
Total Equity
- -
56.4
- -
- -
- -
- -
- -
3.07
3.23
8.2
- -
- -
Return on Invested Capital (%)
- -
119.89
- -
- -
- -
- -
- -
23.65
9.78
13.65
- -
- -
Return on Capital (%)
- -
138.34
-24.85
- -
- -
- -
-131.68
45
10.71
15.58
-33.12
-47.43
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
13,616
14,978
16,387
LT Borrowings
- -
- -
- -
LT Finance Leases
62,054
61,926
66,230
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
904,907
775,727
732,864

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
238,036
214,506
191,268
Cash, Cash Equivalents & STI
210,019
177,164
156,859
Accounts Receivable, Net
23,465
29,326
29,635
Inventories
- -
- -
- -
Total Current Liabilities
41,927
45,512
40,970
Payables & Accruals
- -
- -
- -
ST Debt
13,616
14,978
16,387
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
51.63%
57.78%
-18.49%
Free Cash Flow
-8,274.9%
-9.4%
-178.97%
Net Income, GAAP
2,171.6%
-67.59%
-296.62%
Sales/Revenue/Turnover
- -
27.17%
-29.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52,631
43,593
111,499
48,348
256,071
2025
51,306
38,572
50,150
39,289
179,317
2026
41,514
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3
-172
621
- -
492
2025
-5
-364.66
-175.97
- -
-974
2026
-346.81
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
NEXON Games Co., Ltd. develops and publishes video games across PC, mobile, and console platforms for global markets. The company offers a portfolio of titles including V4, Sudden Attack, Blue Archive, HIT2, VEILED EXPERTS, The First Descendants, and GODSOME; it also engages in real estate rental activities. Founded in 2013 and headquartered in Seoul, South Korea, NEXON Games operates as a subsidiary of NEXON Korea Corporation, with primary focus on the entertainment sector targeting gamers worldwide, particularly in Asia. In March 2022, the company rebranded from Nat Games Co., Ltd. to NEXON Games Co., Ltd., aligning with its strategic integration into the broader NEXON ecosystem. It continues to support live service operations for key titles like Blue Archive, which marked its global fourth anniversary in 2025 with a major festival event in South Korea, and The First Descendants, which received large-scale episode updates and content improvements in recent months.