#Crimson desert 2021 series#
Crimson Desert is Pearl Abyss’ biggest game since Black Desert, a five-year-old MMORPG that. CRIMSON DESERT Gameplay Trailer Extended (2022) 4K 60FPS 1,056,516 views Crimson Desert NEW Gameplay Demo 8 minutes in 4K 60FPS PC, PS5, PS4, XBOX ONE, XBOX SERIES X but improved from.
#Crimson desert 2021 Pc#
We estimate Crimson Desert sales volume at 1.0mn copies in 2021 and 1.48mn copies in 2022, with revenue (including in-game item sales) of KRW66.0bn and KRW132.8bn, respectively. The open-world massively multiplayer role-playing game is coming out for PC and consoles in winter 2021. Meanwhile, expectations for Crimson Desert have been growing since the release of the game’s official trailer in December 2020. Revenue from the game is expected to jump 53.8% YoY to KRW200.6bn thanks to a change in revenue recognition standard (i.e., recognition of gross revenue from net revenue) and user inflow from aggressive marketing. Revenue forecast for Black Desert PC and Crimson Desert revised upīeginning in February, Pearl Abyss plans to self-publish Black Desert PC in North America and Europe. However, 1Q21 earnings should improve as traffic and revenue rebound, to be led by major platforms. KRW appreciation, sluggish revenue from Black Desert Mobile (-19.3% QoQ) and year-end marketing spending (+74.8% YoY) weighed on earnings.
Pearl Abyss reported 4Q20 revenue of KRW105.6bn (-10.7% QoQ/-13.6% YoY) and OP of KRW20bn (-50.7% QoQ/-29.9% YoY), missing the market consensus by 8.0% and 48.4%, respectively. last closing price).ĤQ20 review: Consensus miss on KRW appreciation and slowdown in mobile revenue However, we maintain HOLD because our new TP offers only limited upside (vs.
Also, we revised up 2021E revenue and OP by 20.6% and 19.1%, respectively. Nearby homes similar to 6794 Desert Crimson St have recently sold between 402K to 1,150K at an average of 350 per square foot. Its the next game from Pearl Abyss, the makers of MMO Black Desert Online. Internally, the staff seems to be of the mind that there are no obvious genre analogues while the game certainly is a single-player narrative experience, the multiplayer. MMORPG The answer, according to a new interview from MMO Culture, is that it’s complicated.
We derived our TP via the P/B-ROE model (12m fwd BVPS of KRW66,449 x 5.19x fair P/B). Everything We Know So Far About Crimson Desert MaUpdated: MaKorean game studios Pearl Abyss introduces Crimson Desert, a medieval fantasy adventure that promises to have a lot to give. Updated on Heres a new, fantastic-looking role-playing game coming out in 2021: Crimson Desert. So where exactly does Crimson Desert sit on the spectrum of single-player vs. We raise our TP for Pearl Abyss by 46.8% to KRW345,000 to reflect our upward revision to 2021E-2025E ROE (16.50%→22.30%) based on the in-house publishing of Black Desert PC and the potential success of Crimson Desert. We look forward to seeing what’s in store after seeing that epic gameplay trailer released months back at The Game Awards here.Ĭrimson Desert was originally scheduled for a Winter 2021 release for PC and consoles.Maintain HOLD raise target price by 46.8% to KRW345,000 Pearl Abyss is known for their other fantasy driven MMORPG game Black Desert Online - which has earned 20 million users and growing since it was released for PC, consoles, and mobile devices in December of 2014.Īs the letter reads, the team has found that work on Crimson Desert has evolved - and they need to dedicate more time to see those new ideas and a richer gaming experience realized. While delays aren’t a new thing in the world of video games, Crimson Desert certainly felt like a bold and ambitious game that warranted a lot of time and dedication to make it live up to its promises and the expectations of gamers who were looking forward to it.
Looks like one of the more promising looking open-world action games needs more time on the development cycle, as Crimson Desert has been delayed to a unspecified new release date by developer Pearl Abyss - showing that there’s more stuff to be worked on before it’s released.Īnnouncing the delay via the official Twitter account of the game, the Crimson Desert team laid out the reasons why they had to make the difficult decision.Īn important message from the #CrimsonDesert team: /pKJPBNyW3P
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