Pearl Abyss Reports A Massive Drop In Revenue, Crimson Desert Still Delayed Indefinitely

It’s been a tough few months for Pearl Abyss as the South Korean publisher saw a significant drop in revenue for their first fiscal quarter of 2022. The company’s Q1 2022 financial report shows a 22.5% dip in revenue quarter-over-quarter at just KRW 914 million compared to Q4 2021’s KRW 1.18 trillion. Revenues also took a 9.4% hit year-over-year.

Over half of the publisher’s total sales came from the west while console and mobile sales continue to shrink in relation to total PC sales. As for their core IPs, Black Desert Online continues to generate the lion’s share of revenue, showing a 5.8% increase in quarter-over-quarter revenue. EVE Online’s sales, on the other hand, slightly dipped by 6.5%. It’s worth noting that the numbers still don’t account for the subscription price increase for the space sandbox, which we’ll see in the company’s next financial report.

The report also shows several games which have been in development for quite some time now, namely: Crimson Desert, which has been delayed indefinitely, DokeV, and Plan 8.

You can check out the Pearl Abyss’ full Q1 2022 financial report here.