Pearl Abyss (NYSE: PEAR) is a South Korean video game developer and publisher best known for creating the popular MMORPG Black Desert Online. Founded in 2010, the company went public on the Korean stock exchange in 2017 and has since expanded its operations globally with offices in North America and Europe.
Pearl Abyss' flagship product is Black Desert Online, an MMORPG launched in 2014 that has attracted over 20 million registered users worldwide as of 2022. The game is available on PC, consoles, and mobile platforms. Black Desert Online features stunning graphics, an expansive open world, and action-based combat. Beyond Black Desert, Pearl Abyss is developing several new titles including Crimson Desert, an open-world action-adventure game, and DokeV, a creature-collecting adventure game. The company is also working on PLAN 8, an exosuit MMO shooter.
In recent years, Pearl Abyss has faced some financial challenges, with revenues declining in early 2023. However, the company saw a return to profitability in Q3 2023, largely due to the success of Black Desert Online's "Land of the Morning Light" expansion. Pearl Abyss is banking on upcoming releases like Crimson Desert, which is in the final stages of development, to drive future growth. The company has also expressed interest in expanding into new markets, including potentially bringing Black Desert Online to China.
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