›

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Quick Links

Square Enix Operating Income Down By 78% Despite Final Fantasy 16 Release

[Deleted User][Deleted User] Posts: 1,043
in The Pub at MMORPG.COM
The user and all related content has been deleted.

Comments

  • ValdemarJValdemarJ Member RarePosts: 1,378
    This would be interesting if you could explain what caused the decrease, what it implies, and why that is important.

    There are a lot of factors that could go into quarterly operating expenses and the title is click-baity. I'm interested. Do better.
    Champie
    Bring back the Naked Chicken Chalupa!
  • KyleranKyleran Member LegendaryPosts: 43,975
    I missed it at first, but this is 2023 still, so SQNX is forecasting a 78% decline in operating income in Q1 2024, though 2023 Q1 was down some compared to Q1 2022. 

    No real details in the report other than to say it in part due to accounting for higher development costs and is despite forecast of higher sales next year.

    Probably left out that the Executives need some new yachts or jets.  ;). 

    More interesting is the declining MMO and mobile sales, both current and future forecast.






    finefluff

    "True friends stab you in the front." | Oscar Wilde 

    "I need to finish" - Christian Wolff: The Accountant

    Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm

    Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV

    Don't just play games, inhabit virtual worlds™

    "This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon






  • [Deleted User][Deleted User] Posts: 1,043
    The user and all related content has been deleted.
  • fineflufffinefluff Member RarePosts: 561
    Kyleran said:
    I missed it at first, but this is 2023 still, so SQNX is forecasting a 78% decline in operating income in Q1 2024, though 2023 Q1 was down some compared to Q1 2022. 

    No real details in the report other than to say it in part due to accounting for higher development costs and is despite forecast of higher sales next year.

    Probably left out that the Executives need some new yachts or jets.  ;). 

    More interesting is the declining MMO and mobile sales, both current and future forecast.
    It makes sense that MMO sales are declining. Endwalker released December 2021 so the trend shown here is the drop in sales coming off the high of its release. Sales likely won't increase again until Dawntrail comes out, which means that it will potentially be releasing after Q1 2024 (after June 30th).

    I would have thought they would forecast an increase in mobile sales would due to Ever Crisis, which is supposed to release later this year. I wonder if they think it won't do that well. It is basically another remake of FFVII except as a gacha game.
  • mekheremekhere Member UncommonPosts: 273
    Final Fantasy is getting old and quite frankly the story isn't all that great. Hopefully they will fix it with VR but I seriously doubt it.
    This user is a registered flex offender. 
    Someone who is registered as being a flex offender is a person who feels the need to flex about everything they say.
    Always be the guy that paints the house in the dark.  
    Lucidity can be forged with enough liquidity and pharmed for decades with enough compound interest that a reachable profit would never end. 

  • AeanderAeander Member LegendaryPosts: 8,028
    Maybe if they didn't keep funneling money into live service games that get shut down within a year of release.
    KyleranFrodoFragins
  • ScotScot Member LegendaryPosts: 24,273
    edited August 2023
    Not good, hopefully they stick to the strong titles, there are a lot of FF main and spin off's that seem second rate to the rest of the franchise too me.
  • [Deleted User][Deleted User] Posts: 0
    The user and all related content has been deleted.
  • ValdemarJValdemarJ Member RarePosts: 1,378
    DarkZorvanReturns said:
    ValdemarJ said:
    This would be interesting if you could explain what caused the decrease, what it implies, and why that is important.

    There are a lot of factors that could go into quarterly operating expenses and the title is click-baity. I'm interested. Do better.
    I didn't write it, I just shared it here. :p

    You didn't write anything, which is my complaint. Operating income decreasing or increasing is normal, depending on corporate financial projects. Write one or two sentences why you think it shrank and then a couple more on a premise and conclusion as to what it means and why it's important.  Give me something to discuss.
    KyleranSensai
    Bring back the Naked Chicken Chalupa!
  • ScotScot Member LegendaryPosts: 24,273
    edited August 2023
    Are we turning this into how to write a thread? I would be happy if we just did more threads and if thread posters who post a video always gave us the rundown. That's good enough for me. :)

    As to the reasons, no matter what they say, they will have obscured details so as not to make them seem more vulnerable. Square Enix buyout anyone?
    Kyleran
  • ValdemarJValdemarJ Member RarePosts: 1,378
    Scot said:
    Are we turning this into how to write a thread? I would be happy if we just did more threads and if thread posters who post a video always gave us the rundown. That's good enough for me. :)

    As to the reasons, no matter what they say, they will have obscured details so as not to make them seem more vulnerable. Square Enix buyout anyone?

    Who'd thought asking an original post to have a point would be criticized as pedantic.
    Bring back the Naked Chicken Chalupa!
  • lahnmirlahnmir Member LegendaryPosts: 5,050
    templarga said:
    Somewhere in there is the fallout from Forspoken right? it was Sqnix?
    Forspoken is definitely in there, it might feel like it released years ago but it was actually the beginning of this year. Sales were ‘lackluster.’ Still got my sealed copy next to my PS5.

    /Cheers,
    Lahnmir
    'the only way he could nail it any better is if he used a cross.'

    Kyleran on yours sincerely 


    'But there are many. You can play them entirely solo, and even offline. Also, you are wrong by default.'

    Ikcin in response to yours sincerely debating whether or not single-player offline MMOs exist...



    'This does not apply just to ED but SC or any other game. What they will get is Rebirth/X4, likely prettier but equally underwhelming and pointless. 

    It is incredibly difficult to design some meaningfull leg content that would fit a space ship game - simply because it is not a leg game.

    It is just huge resource waste....'

    Gdemami absolutely not being an armchair developer

  • JeroKaneJeroKane Member EpicPosts: 7,096
    edited August 2023
    Are the sales of FF16 actually in there? As I thought it sold really well. It's a great game.

    Also remember,  FFXIV Endwalker was the last expansion and launched back in 2021.

    FF7 remake part 2 is launching early 2024 and so is the new expansion for FFXIV, which will sell really well.

    FFXIV is really popular still and all servers are packed with people every night. It's the most popular classic P2P MMO the last years.
    Sub numbers are undoubtly lower right now, but will rise right back up with the release of Dawntrail expansion.
  • [Deleted User][Deleted User] Posts: 1,043
    The user and all related content has been deleted.
  • OG_SolareusOG_Solareus Member RarePosts: 1,041
    Their accounting system for the free trial is  insane. I've never seen such a mess in how accounts work. Needing two accounts to play a game and then if you stop playing the game they just turn off your access. very stupid.
    Asm0deus
    F2P or DIE !
  • [Deleted User][Deleted User] Posts: 1,043
    The user and all related content has been deleted.
  • ScotScot Member LegendaryPosts: 24,273
    DarkZorvanReturns said:
    OG_Solareus said:
    Their accounting system for the free trial is  insane. I've never seen such a mess in how accounts work. Needing two accounts to play a game and then if you stop playing the game they just turn off your access. very stupid.
    Try making a trial for FFXI...
    I did and gave up eventually because of the lag, but I vaguely remember going through multiple hoops and accounts just to play.
Sign In or Register to comment.