During its Q2 2024 earnings call, Kakao Games confirmed its plans to release MMORPG Chrono Odyssey and ArcheAge 2 in 2025. Closed testing of Chrono Odyssey is planned for the first quarter of 2025, and the release should take place in the third. ArcheAge 2 is slightly behind schedule and will not be tested until the second half of 2025. Based on the results of this test, a decision will be made on the readiness of the project and the launch date. Most likely, the project should not be expected before the end of 2025.
In addition, both MMORPGs will take part in the gaming exhibition gamescom 2025, and the developers will rely on the feedback received to further refine the games. Let us recall that in November 2023, Kako Games planned to show ArcheAge 2 at gamescom 2024. However, today a company representative said that it was decided to concentrate on the development of the project.
As for other projects, Kakao Games has a decent list of games of different genres: from the expected MMORPG to small projects. Subsidiary Ocean Drive Studio will present three projects from this list at gamescom 2024:God Save Birmingham, Section 13 And Lost Eidolons: Veil of the Witch. At the moment, preparations are underway for the launch of the RTS Stormgate and the action game Path of Exile 2 in South Korea, and the release of a 2D action-RPG Goddess Order postponed to the second quarter of 2025.
In terms of financial performance for the reporting period, the company posted a net loss of 11.7 billion won. This is primarily due to a 21.8% drop in sales in mobile games compared to last year.
