Kakao Games dropped its third quarter financials this past week, and it’s a bit of a mixed bag – especially if you were anxiously awaiting the next big thing in the ArcheAge franchise.

The company saw a slight increase in its revenue in Q3 compared to Q2 – 5%, in fact – but it’s still down over 14% compared to this quarter last year; Kakao attributes that dip to the “absence of new titles” in spite of “stable performance” from its big games. Worth noting is that it’s PC games specifically that are making up for weak mobile game sales.

And that trend will likely continue, as Kakao is Grinding Gear Games’ Korean publisher for Path of Exile 2, which is due to hit early access in December. The other key titles that MMORPG players would be watching are Chrono Odyssey (now slated for Q4 2025 instead of just “2025” as it was last quarter) and ArcheAge Chronicles, which has now apparently slipped to some point in 2026, marking what it at least the fifth delay for the MMO.

During Kakao’s earnings call, company reps told investors that they’re planning closed beta for as early as Q3 2025; they said that the game’s rebrand and reveal as ArcheAge Chronicles has been well-received by console players, but they didn’t mention PC players. That’d track with what we saw too, as PC MMORPG players are still upset over the loss of ArcheAge itself as well as Kakao’s plans to emphasize single-player content and eliminate the large-scale RvR PvP that it originally promised for the title, though it will still feature multiplayer content.

• Kakao Q1 2025: Chrono Odyssey is finally aiming for closed beta in May • Kakao Q4 2024: Mobile drives revenue dip as Kakao queues up ArcheAge Chronicles and Chrono Odyssey • Now XLGAMES is sunsetting the Korean version of ArcheAge too • Kakao Q3 2024: ArcheAge 2 aka ArcheAge Chronicles has been delayed yet again • Kakao Q2 2024: Profits nosedive as ArcheAge 2 faces another potential delay • Kakao Q1 2024: ArcheAge 2 and Chrono Odyssey are apparently back on track for 2025 • Kakao’s western version of ArcheAge is sunsetting in June • Kakao Q4 2023: ArcheAge 2 has been delayed (again), now to some point in or after 2025 • Chrono Odyssey debuts a splashy new in-engine trailer and confirms Kakao Games as publisher • Kakao is effectively sunsetting ArcheAge Unchained, merging it into two remaining western ArcheAge servers • Kakao Games Q2 2023: ArcheAge 2 targets second half of 2024, Ares Rise of Guardians launches in Korea • Kakao partially denies report that ArcheAge will sunset following XLGAMES restructure • Kakao Q3 2022: Revenue down, pipeline packed with ArcheAge War, Ares, Odin Valhalla Rising, Dysterra • Kakao and XLGAMES reconfirm that ArcheAge 2 is launching in 2024 • Kakao’s Project Ares is a new MMORPG called Ares: Rise of Guardians • Kakao is taking over publishing ArcheAge in the west from Gamigo • Kakao Q1 2021 financials: ArcheAge 2 won’t be ready until at least 2024 • Desert Oasis: A brief history of Kakao Games, Black Desert’s former PC publisher • Kakao Games’ Q3 2020 investor report suggests late 2021 western launch for Elyon Ascent Infinite Realm • MMO Business Roundup: Kakao’s controlling stake in XLGAMES, Steam’s new record, Xbox’s games-as-a-service sources: Kakao Games IR site, Reddit