Mgame Corp. (KOSDAQ: 058630)

Mgame Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	82,878	81,633	73,654	55,705	42,393	37,631
Revenue Growth (YoY)	-3.04%	10.83%	32.22%	31.40%	12.66%	38.77%
Cost of Revenue	3,636	3,110	367.2	282	135.67	169.05
Gross Profit	79,242	78,524	73,287	55,423	42,257	37,462
Selling, General & Admin	41,820	42,323	31,625	27,576	21,833	20,348
Research & Development	17,261	13,318	10,155	8,203	7,518	7,392
Operating Expenses	61,139	57,176	43,171	35,440	33,263	30,213
Operating Income	18,103	21,347	30,116	19,983	8,994	7,249
Interest Expense	-38.15	-15.95	-5.58	-21.02	-35.99	-60.82
Interest & Investment Income	3,025	2,705	837.15	904.41	258.96	119.27
Currency Exchange Gain (Loss)	-129.93	-229.55	451.51	869.86	-1,164	378.62
Other Non Operating Income (Expenses)	4,015	7.51	16.62	71.63	21.17	28.43
EBT Excluding Unusual Items	24,975	23,814	31,415	21,808	8,074	7,714
Gain (Loss) on Sale of Investments	929.88	1,741	-217.83	49.52	365.45	-32.92
Gain (Loss) on Sale of Assets	-17.14	13.74	-121.22	3,318	-67.37	-117.43
Asset Writedown	-10.62	-492.49	-2,372	89.1	-350.98	-384.22
Other Unusual Items	-	-	-	-	60	-
Pretax Income	25,877	25,076	28,705	25,265	8,081	7,180
Income Tax Expense	7,706	3,308	6,128	3,768	1,144	-566.26
Earnings From Continuing Operations	18,172	21,769	22,576	21,497	6,937	7,746
Minority Interest in Earnings	34.12	94.98	72.35	-56.76	-143.53	187.59
Net Income	18,206	21,864	22,649	21,440	6,793	7,934
Net Income to Common	18,206	21,864	22,649	21,440	6,793	7,934
Net Income Growth	-21.52%	-3.47%	5.64%	215.60%	-14.37%	191.28%
Shares Outstanding (Basic)	19	19	19	19	19	20
Shares Outstanding (Diluted)	19	19	19	19	19	20
Shares Change (YoY)	-0.54%	-1.91%	2.44%	-0.84%	-1.86%	-
EPS (Basic)	955.32	1143.91	1162.41	1127.19	354.17	405.94
EPS (Diluted)	955.32	1143.91	1162.41	1127.19	354.17	405.94
EPS Growth	-21.09%	-1.59%	3.12%	218.26%	-12.75%	191.28%
Free Cash Flow	8,968	24,860	36,049	15,508	11,897	7,137
Free Cash Flow Per Share	470.59	1300.67	1850.14	815.34	620.26	365.20
Dividend Per Share	150.000	150.000	-	-	-	-
Gross Margin	95.61%	96.19%	99.50%	99.49%	99.68%	99.55%
Operating Margin	21.84%	26.15%	40.89%	35.87%	21.22%	19.26%
Profit Margin	21.97%	26.78%	30.75%	38.49%	16.02%	21.08%
Free Cash Flow Margin	10.82%	30.45%	48.94%	27.84%	28.06%	18.97%
EBITDA	20,542	23,114	31,726	21,708	11,205	9,784
EBITDA Margin	24.79%	28.31%	43.07%	38.97%	26.43%	26.00%
D&A For EBITDA	2,439	1,767	1,610	1,725	2,211	2,535
EBIT	18,103	21,347	30,116	19,983	8,994	7,249
EBIT Margin	21.84%	26.15%	40.89%	35.87%	21.22%	19.26%
Effective Tax Rate	29.78%	13.19%	21.35%	14.91%	14.16%	-
Advertising Expenses	-	1,869	1,607	1,140	130.63	341.36

Source: S&P Capital IQ. Standard template. Financial Sources.