Perfect World announced its financial results for the first half of the fiscal year and provided its latest operating results NTE: from eternity to eternity. The global cumulative revenue of this free game has exceeded 2 billion yuan, approximately $298 millionbased on data updated to August 18.
a great success
“NTE” premiered domestically on April 23 and was released internationally on April 29. Perfect World has communicated on the day of global launch. Revenue on the first day exceeded 100 million yuan. Subsequently, with the 1.1 update, both the Chinese version and the international version set new single-day revenue records, with the global version reportedly earning more than the Chinese version.
As of the end of June, Perfect World’s financial forecast shows revenue will exceed 1.4 billion yuan, or more than $200 million. As a result, the new data show an increase of approx. Earned $98 million in just one and a half monthsalthough growth slows down physiologically compared to previous months.
“Neverness to Everness” is expanded and launched on Steam and Epic Games Store, version 1.1
A large portion of revenue also comes from the game’s official platform. Approximately 60% of the US$298 million will be financed through Global official channelincluding PC and Android. The Steam and Epic Games Store versions were only released on July 8, making the proprietary platform’s overall weight even more important.
However, NTE’s good performance is not enough to turn Perfect World into a profit. The company reported a loss of about 118 million yuan, or about $18 million. One of the reasons cited is timing differences in revenue accounting: Huge marketing costs Fees generated by games are booked initially, while user spending is recognized as revenue over a longer period.
The figures currently communicated also do not include the impact of the latest game updates. Version 1.3, titled Moonlight Rising, was released globally on August 19 and introduces a large new area, including some beach areas, as well as swimwear and other summer-themed content.
NTE: Neverness to Everness is free to download PC via the official client, Steam and Epic Games Store, as well as Google Play Games, Mac, PS5, iOS and Android.
