Webzen Inc. (KOSDAQ:069080)

Webzen Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	194,831	214,747	196,290	242,140	284,783	294,092
Revenue Growth (YoY)	-9.37%	9.40%	-18.93%	-14.97%	-3.16%	67.05%
Cost of Revenue	31.3	28.62	29.73	64.98	20.98	29.19
Gross Profit	194,800	214,718	196,261	242,075	284,762	294,063
Selling, General & Admin	123,879	133,121	117,709	133,415	160,754	167,930
Research & Development	15,069	16,896	18,151	16,617	10,825	8,847
Other Operating Expenses	3,831	3,643	4,320	4,295	4,541	4,544
Operating Expenses	149,333	160,165	146,358	159,070	181,430	186,169
Operating Income	45,467	54,553	49,903	83,005	103,331	107,894
Interest Expense	-168.38	-168.38	-102.69	-122.95	-87.49	-128.78
Interest & Investment Income	18,617	18,617	18,346	11,996	8,040	5,847
Earnings From Equity Investments	-55.83	46.24	-	-	-	-
Currency Exchange Gain (Loss)	716.77	716.77	281.91	-1,317	1,665	-3,037
Other Non Operating Income (Expenses)	-16,251	-3,621	459.38	1,461	1,112	546.03
EBT Excluding Unusual Items	48,325	70,144	68,888	95,022	114,060	111,122
Impairment of Goodwill	-	-	-	-	-	-124.88
Gain (Loss) on Sale of Investments	1,493	1,493	2,993	10,269	6,721	5,768
Gain (Loss) on Sale of Assets	18.19	18.19	3.52	22.46	251.21	125.87
Asset Writedown	-226.31	-226.31	40.23	-	-	-819.44
Pretax Income	49,610	71,428	71,924	105,314	121,032	116,071
Income Tax Expense	12,237	14,676	14,356	32,920	34,182	29,815
Earnings From Continuing Operations	37,372	56,752	57,569	72,394	86,851	86,257
Minority Interest in Earnings	236.32	182.61	38.94	-1.1	7.1	-57.04
Net Income	37,609	56,935	57,608	72,393	86,858	86,200
Net Income to Common	37,609	56,935	57,608	72,393	86,858	86,200
Net Income Growth	-42.65%	-1.17%	-20.42%	-16.65%	0.76%	102.33%
Shares Outstanding (Basic)	29	29	29	30	30	31
Shares Outstanding (Diluted)	29	29	29	30	30	31
Shares Change (YoY)	-0.01%	-	-0.66%	-2.27%	-1.34%	-1.13%
EPS (Basic)	1276.44	1932.17	1955.00	2440.64	2861.69	2801.87
EPS (Diluted)	1276.12	1932.00	1955.00	2440.64	2861.69	2801.87
EPS Growth	-42.66%	-1.18%	-19.90%	-14.71%	2.14%	104.67%
Free Cash Flow	47,064	60,843	38,889	37,764	85,303	134,285
Free Cash Flow Per Share	1597.35	2064.79	1319.76	1273.16	2810.45	4364.88
Dividend Per Share	300.000	300.000	300.000	370.000	-	-
Dividend Growth	-	-	-18.92%	-	-	-
Gross Margin	99.98%	99.99%	99.98%	99.97%	99.99%	99.99%
Operating Margin	23.34%	25.40%	25.42%	34.28%	36.28%	36.69%
Profit Margin	19.30%	26.51%	29.35%	29.90%	30.50%	29.31%
Free Cash Flow Margin	24.16%	28.33%	19.81%	15.60%	29.95%	45.66%
EBITDA	52,515	61,447	56,532	87,938	107,983	113,356
EBITDA Margin	26.95%	28.61%	28.80%	36.32%	37.92%	38.54%
D&A For EBITDA	7,049	6,894	6,629	4,933	4,652	5,462
EBIT	45,467	54,553	49,903	83,005	103,331	107,894
EBIT Margin	23.34%	25.40%	25.42%	34.28%	36.28%	36.69%
Effective Tax Rate	24.67%	20.55%	19.96%	31.26%	28.24%	25.69%
Advertising Expenses	-	8,109	8,140	13,027	13,142	16,167

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.