Tabula Rasa: A Blank Slate of Earnings?

Massively has done a great investigative piece after receiving NC Soft's Q1 financial documents. Bypassing other popular games, editors zeroed in on Tabula Rasa with surprising results.

The first direct mention of Tabula Rasa

comes on page three of the 18 page Q1 earnings report, under "Online Game Sales Mix by Game". In Q4 of 2007, TR's launch brought in about 5 billion Won. When compared to NCSoft's other games during that quarter, it comes closest to City of Heroes/City of Villains, which pulled in 5.4 billion Won. This quarter paints a different picture as TR brought in only 1 billion Won while CoH/CoV brought in another 5.4 billion. Quarter over quarter (QoQ), TR experienced a 63% drop in this category.

The only other mention of TR in the report comes on page 15, in the "Royalties Breakdown" category. Last quarter, TR had 1.2 billion Won in royalties coming into NCSoft. Now, this quarter, TR only has 49 million Won attributed it -- a QoQ loss of 104%.

There is much more to the article with tons of strange numbers and omissions. Be sure to check it out.

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