How popular is PUBG: Battlegrounds? Check this powerful free-to-play point

    Krafton has issued the quarterly profit data of PUBG: Battlegrounds that shows a rapid surge in the number of active users on the gaming app after switching to the F2P version.
    By HT TECH
    | Updated on May 16 2022, 01:37 PM IST
    PUBG recorded $405.7 million USD in quarterly revenue.
    PUBG recorded $405.7 million USD in quarterly revenue. (REUTERS)
    PUBG recorded $405.7 million USD in quarterly revenue.
    PUBG recorded $405.7 million USD in quarterly revenue. (REUTERS)

    PUBG: Battlegrounds, the PC and console version of the battle royale shooter series has seen a tremendous increase in its profit after switching to free-to-play mode in January. The developer Krafton has published its earnings report for the first quarter of the year 2022 on Friday. As per the official report, Krafton has shared $405.7 million USD in quarterly revenue out of which $241.9 million USD is the operating profit and 190.2 million USD is the net profit. Krafton in its official statement, said, “This was a record high in quarterly revenue for KRAFTON, which was up 17.8% quarter-over-quarter and up 13.5% year-over-year.”

    Among several other factors that contributed to the quarterly growth of PUBG: Battlegrounds, one of the major reasons is the launch of Free-to-play mode. The official report says that average monthly active users (MAU) nearly tripled compared to Q4 2021 after PUBG: BATTLEGROUNDS’ move to free-to-play (F2P) in January 2022. As a result, PUBG: BATTLEGROUNDS PC sales recorded 61 percent year over year growth to $82.3 million, while console sales increased 124% QoQ and 274% YoY. Similarly, PUBG: MOBILE too recorded revenue of $307.1 million USD during Q1 2022, which was up 30% QoQ and up 5% YoY.

    Also Read: Banned in India, PUBG Mobile, TikTok in most downloaded app list 

    Hence, Krafton, has seen a tremendous quarterly growth after switching to PUBG: Battlegrounds to free-to-play.

    Also the popularity of PUBG: Mobile (which is also free-to-play) probably helped Krafton as the game has earned $307.1 million in revenue in the first quarter of 2022, which is up almost by 5 percent year over year.

    Also read: PUBG, TikTok banned in Afghanistan!

    Meanwhile, the game is set to release new titles, like “Project M” and The Callisto Protocol this year. Project M is being created by the Unknown Worlds, the creators of the Subnautica series. It was acquired by KRAFT in 2021. The new launch is slated for early access later this year. While “Project M” is a wholly unique turn-based strategy game set in a sci-fi world, The Callisto Protocol, is an original survival horror game developed by Striking Distance Studios.

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    First Published Date: 16 May, 01:34 PM IST
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