Joymax not taking action.

twistedorgy · Post by **twistedorgy** » Wed Aug 12, 2009 6:12 pm

They only made 1 million dollars last year, it's really not that much considering WoW I think has like 15 million subscribers or some shit? That's like 225 Million dollars a year compared to a shitty 1 million lol...

Balderdash · Post by **Balderdash** » Wed Aug 12, 2009 6:25 pm

Silkroad Online alone net 6.6 mil USD in a single quarter. And everyone says botters don't buy silk. HAHAHAHA Apparently they do and lots of it.

TheKnight · Post by **TheKnight** » Wed Aug 12, 2009 6:33 pm

if they ear that much, why couldn't they start banning bots slowly, and when the time is right, there will be no more bots.

BuDo · Post by **BuDo** » Wed Aug 12, 2009 6:41 pm

If you think about how many people actually buy silk. Each server has 3000+ players online at any given time. Subtract the gold bots and addicts who can't buy silk(over 90%). Now take into account that not every silk buyer buys silk every month. Where does JM gets such huge reported earnings from? The answer is probably what most of us expected and that is from doing business with gold bots(or owns them). So why should JM take action?

XMoshe · Post by **XMoshe** » Wed Aug 12, 2009 6:42 pm

twistedorgy wrote:They only made 1 million dollars last year, it's really not that much considering WoW I think has like 15 million subscribers or some shit? That's like 225 Million dollars a year compared to a shitty 1 million lol...

I dunno where you got that 1mil from, it's probably more and besides. It's a f2p game so every profit is great.

_Dutchy_ · Post by **_Dutchy_** » Wed Aug 12, 2009 6:47 pm

I think everybody is making the mistake thinking that JM's profit is only from Isro wich its certainly not!! JM gets big money from Licenses of the other SRO versions and for the updates
i bet Isro is acuatly the lowest part of the income JM gets.

Beto_Chavez · Post by **Beto_Chavez** » Wed Aug 12, 2009 6:49 pm

According to the article, Joymax made a net profit of 17100000000 (17.1 Bil) Korean Won in 2008.

Thats only 13985099.20 USD or basically 14 million dollars. Not as much as I would have thought but still alot.

ltsune · Post by **ltsune** » Wed Aug 12, 2009 8:01 pm

Well nothing really to say.

Joymax was genius and developed an amazing game and now they will keep earning like forever

Elements · Post by **Elements** » Wed Aug 12, 2009 8:03 pm

14 million dollars is nothing for the legnth of time the game has been out it really isnt allot.

XMoshe · Post by **XMoshe** » Wed Aug 12, 2009 8:05 pm

Elements wrote:14 million dollars is nothing for the legnth of time the game has been out it really isnt allot.

Who's saying it's 14million over the total time isro is out? lol

Elements · Post by **Elements** » Wed Aug 12, 2009 8:16 pm

XMoshe wrote:
Elements wrote:14 million dollars is nothing for the legnth of time the game has been out it really isnt allot.

Who's saying it's 14million over the total time isro is out? lol

I meant in terms of such an established product $14M isnt that much for a years profits. It would be interesting to know the amount they earned from selling silk and then the amount they get paid from their franchises.

bot_antist · Post by **bot_antist** » Wed Aug 12, 2009 10:16 pm

Spoiler!

Didnt't someone have a pic of this guy for his avatar?.. and 214 employees?

Achilles990 · Post by **Achilles990** » Wed Aug 12, 2009 10:28 pm

Joymax has not taken any action over 2-3 years what makes you think he will do it now, your complaining you going stop buy silks? stop playing sro? stop geting plv by bots? stop buy things from network mall? No, quit talking about cuz theres no point, Joymax only action is geting money for them selfs and when this tournament thing comes up every once year he will do am sorry i fix that he will act like he will fix things up and at end he isnt, and dont think he read this cuz he dose not read shit!

peex · Post by **peex** » Wed Aug 12, 2009 10:43 pm

"Such factors are expected to give extra momentum to the company's stock prices," he said.

Stock price of JOYMAX rose 4.17 percent to close at 59,900 won on Tuesday.

Maybe it would be a good time to invest in joymax.

Goobronicus · Post by **Goobronicus** » Wed Aug 12, 2009 11:08 pm

http://www.koreaherald.co.kr/NEWKHSITE/ ... 130029.asp

That's actually who you should credit; the people that wrote the article, not the person that reposts it. (Even she credits it correctly. Just an FYI in case you have to write papers or articles. Incorrect sources is a no-no).

Anyways; to get to the point of what was being discussed, we've all known SRO was a crappy game with shitty service. I don't think anyone should be surprised to see that they are making money off of it. One major point I am wondering is where they were spending all of their money from 2008?

Revenue '08 = 32.9 billion won, Net Profit '08 = 19.4 (or 17.1, not really sure, the article says 17.1, but the caption up top says 19.4) billion won.

Meaning that they spent 13.5 (or 15.8 ) billion won in operating costs. Who the fck are they paying lol? Was this from the development of their automated customer service?

Goobronicus · Post by **Goobronicus** » Wed Aug 12, 2009 11:18 pm

ofy1993 wrote:
Goobronicus wrote:That's actually who you should credit; the people that wrote the article, not the person that reposts it. (Even she credits it correctly. Just an FYI in case you have to write papers or articles. Incorrect sources is a no-no).

Achilles990 · Post by **Achilles990** » Wed Aug 12, 2009 11:36 pm

ofy1993 wrote:
Achilles990 wrote:Joymax has not taken any action over 2-3 years what makes you think he will do it now, your complaining you going stop buy silks? stop playing sro? stop geting plv by bots? stop buy things from network mall? No, quit talking about cuz theres no point, Joymax only action is geting money for them selfs and when this tournament thing comes up every once year he will do am sorry i fix that he will act like he will fix things up and at end he isnt, and dont think he read this cuz he dose not read shit!

oh boy, you sure are a genious.

Did it take you long to write that very constructive and helpfull post?

No after 2years trying this and see how it dosent work, i spend other 2 years reading bs you people keep trying say if you want me be like an ass and say shit about it i will!

Aiyas · Post by **Aiyas** » Wed Aug 12, 2009 11:38 pm

Oh for fuck's sake, people.....

Barotix · Post by **Barotix** » Wed Aug 12, 2009 11:38 pm

ofy1993 wrote:
Goobronicus wrote:That's actually who you should credit; the people that wrote the article, not the person that reposts it. (Even she credits it correctly. Just an FYI in case you have to write papers or articles. Incorrect sources is a no-no).

you get a rage boner whenever you hear nightbloom right?

She showed it to me. The credits are to her. and also, get a life -.-

lol. The person that shows it to you obviously gets the credit, goob.no, not really

9.2 Million usd in a single quarter is meh, imo.

Goobronicus · Post by **Goobronicus** » Wed Aug 12, 2009 11:39 pm

Barotix wrote:
Goobronicus wrote:That's actually who you should credit; the people that wrote the article, not the person that reposts it. (Even she credits it correctly. Just an FYI in case you have to write papers or articles. Incorrect sources is a no-no).

lol. The person that shows it to you obviously gets the credit, goob.no, not really

9.2 Million usd in a single quarter is meh, imo.

<3 baro lol. If I said something like that to a professor, they would slap an F on my paper and send me back to middle school.

I still want to know where they spent almost half of their revenue. I mean seriously. How many people are they actually paying?

Tasdik · Post by **Tasdik** » Thu Aug 13, 2009 12:10 am

That's some pretty nice cash for not doing anything.

HuNt3rMx · Post by **HuNt3rMx** » Thu Aug 13, 2009 2:39 am

Goobronicus wrote:http://www.koreaherald.co.kr/NEWKHSITE/data/html_dir/2009/08/13/200908130029.asp

That's actually who you should credit; the people that wrote the article, not the person that reposts it. (Even she credits it correctly. Just an FYI in case you have to write papers or articles. Incorrect sources is a no-no).

Anyways; to get to the point of what was being discussed, we've all known SRO was a crappy game with shitty service. I don't think anyone should be surprised to see that they are making money off of it. One major point I am wondering is where they were spending all of their money from 2008?

Revenue '08 = 32.9 billion won, Net Profit '08 = 19.4 (or 17.1, not really sure, the article says 17.1, but the caption up top says 19.4) billion won.

Meaning that they spent 13.5 (or 15.8 ) billion won in operating costs. Who the fck are they paying lol? Was this from the development of their automated customer service?

Im so sry but i have to disagree with you, sro isnt a "crappy" game, silkroad Online is a great game instead!! the customer support yeah, its a total shit, but the game itself is just great....too bad for joymax their golden egg's hen is gonna die soon (i rly rly hope) cuz they arent taking care of it.

Goobronicus · Post by **Goobronicus** » Thu Aug 13, 2009 3:09 am

No reason to be sorry for disagreeing with me, haha, as long as you can state your own reasons for feeling the way you do, you can't be wrong, at least as far as opinions go.

Corrupt · Post by **Corrupt** » Thu Aug 13, 2009 7:18 am

Credits can go to whoever takes the time to let others know. Let it go already.

M3K0S · Post by **M3K0S** » Thu Aug 13, 2009 9:11 am

dude, 214 employees?!? WTF
theirs their problem!! xD

Sk8board · Post by **Sk8board** » Thu Aug 13, 2009 8:03 pm

ZOMG! I`m totally making a game when i grow up

antics · Post by **antics** » Thu Aug 13, 2009 8:42 pm

if only joymax had someone like this to help

Spoiler!

Wello27 · Post by **Wello27** » Thu Aug 13, 2009 10:48 pm

So in 2008 Joymax made 26 Million USD or 33 Billion Won. That doesn't include their expenses for their 200 employees, servers and whatever else.

The other part the figures don't take into account is the Korean Gaming companies are subsidized by the Government to compete against western companies. So that 26 Million isn't just profit, it's their total earnings, and includes their subsidies. And remember this isn't just from Silkroad International, this would be from all versions, as Taiwan's company would have to pay for license and maintenance fees and Joymax's other games.

If you look further down it shows their Net/Operating profits. They made about 15 Million USD in 2008.

It's more successful than I expected but not as successful as that blog posting suggests. But how much did iSRO really make for them? Still impressive none the less

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