VALOFE Co.,Ltd.
KKRX:3315202,045.00
KRW
+20.00
(+0.99%)
ISIN
KR7331520007
Return %
Stock
S&P 500
1Y
-28.87
13.14
3Y
-52.99
80.78
5Y
-80.98
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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KRW
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in mil. unless spec.Company Description
- CEO
- Jae-Myung Shin
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Seoul South Korea
- IPO Date
- Oct 29, 2019
- Website
- valofe.com
- Similar Companies
- Business
- VALOFE Co., Ltd. is a South Korea-based digital entertainment company that specializes in the development, publishing, re-engineering, and live-operations management of online and mobile video games. The Company focuses on acquiring established intellectual properties (IPs) and revitalizing them for global distribution through its proprietary gaming platform, VFUN. VALOFE organizes its operations across distinct product and service categories, comprising: PC Online Games, encompassing massively multiplayer online role-playing games (MMORPGs), first-person shooters (FPS), fighting, and rhythm titles such as Atlantica Online, Combat Arms (Combat Arms: Reloaded and Combat Arms: Classic), Lost Saga, Icarus, MU Legend, Kritika: Zero, Cronous Online, Lunia Z, Soulworker, and R2Beat; Mobile Games, featuring titles across role-playing, simulation, and casual genres such as Last Origin, Last Origin R+, Icarus M, Swords & Magic, and Gospel of Goddess; Platform and Publishing Services, which provide game hosting, multi-currency billing infrastructure, server operations, anti-cheat mechanisms, customer relationship management, localization, and quality assurance through the VFUN portal; and B2B Regulatory and Business Solutions, including a customized domestic representative designation service assisting international game developers and publishers in complying with South Korean statutory requirements. The Company distributes its products to consumer and enterprise clients across the Asia-Pacific, North American, European, and Latin American markets, supported by international operating subsidiaries and branches in China, Japan, the Philippines, Taiwan, Hong Kong, and Vietnam. In recent developments, the Company acquired the global intellectual property rights to the mobile title Last Origin, followed by the international release of Last Origin R+ and the initiation of development for its sequel, Last Origin 2; expanded its PC portfolio with the global launch and operation of Kritika: Zero; formed strategic partnerships with Wemade to incorporate blockchain and digital asset capabilities into selected gaming services; expanded its corporate service offerings by introducing local representative agency solutions for foreign studios entering the Korean market; and enacted capital management initiatives including share repurchase and treasury stock cancellation programs to enhance shareholder value. VALOFE Co., Ltd. was founded in 2007 and is headquartered in Seoul, South Korea.