1. NEOWIZ, Q1 Earnings Surprise!

NEOWIZ achieved strong performance exceeding market expectations by recording sales of KRW 110 billion and operating profit of KRW 18.5 billion in the first quarter of 2025. In particular, operating profit showed remarkable growth, up 47% year-on-year.

2. Background of strong performance: Success of Lies of P DLC and Brown Dust 2

Behind this surprising result lies the continued popularity of ‘Lies of P’ DLC and ‘Brown Dust 2’. The success of the two games proved NEOWIZ’s core IP competitiveness and provided a stable sales base. In addition, improved profitability in other business segments contributed to the strong performance.

3. NEOWIZ Stock Forecast and Investment Strategy

This announcement of strong performance is expected to have a positive impact on the NEOWIZ stock price in the short term. However, the debt ratio, which has been steadily increasing over the past three years, is a point to be aware of when investing. From a mid- to long-term perspective, important investment points will be the continued growth of core IPs, securing new pipelines, and managing financial soundness.

4. Action Plan for Investors

  • Short-term investors: Utilize the stock price rise momentum following the announcement of strong performance, but closely monitor target stock prices and changes in investment sentiment.
  • Mid- to long-term investors: Continuously monitor core IP growth sustainability, new pipeline securing, financial soundness management, and virtual asset business strategies.