The Q2 2025 financial results for Com2uS Holdings have been released.

On the 12th, Com2uS Holdings officially disclosed its performance for the second quarter of 2025. The company posted 27.3 billion KRW in revenue, marking a 28% decline compared to the same period last year. Operating losses and net losses continued, coming in at 2.2 billion KRW and 6.1 billion KRW, respectively. Looking specifically at the gaming division, revenue hit 14.1 billion KRW—a 15% drop year-on-year—with operating losses and net losses continuing at 3.4 billion KRW and 6.8 billion KRW.

The primary factor behind this revenue slump was the lack of new game releases. Soul Strike, which previously served as a sturdy pillar for the company, saw its revenue wane as the player base drifted elsewhere. While Com2uS Holdings did manage to diversify its revenue streams across different regions, the latest title, Spirit Tales, failed to make a meaningful impact despite having its performance fully reflected this quarter.

Consolidated operating expenses reached 29.5 billion KRW, a 29.5% decrease year-on-year. This downward trend was largely driven by a significant reduction in personnel costs, which fell by 29.6% to 8.2 billion KRW. Meanwhile, service fees, which typically account for a significant portion of the budget, dropped by 10.3% to 8.8 billion KRW, reflecting the overall contraction in revenue.

Looking ahead, Com2uS Holdings is gearing up for Q3 with the launch of 'Ares: Rise of Guardians' in Taiwan, Hong Kong, and Macau, kicking off a pipeline of new titles across various genres and platforms. Its subsidiary, Com2uS Platform, is also pushing for global expansion through strategic partnerships and plans to accelerate overseas sales efforts by participating in the 'Gamescom 2025' expo in Germany.