Webzen Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	172,255	174,437	214,747	196,290	242,140	284,783
Revenue Growth (YoY)	-11.59%	-18.77%	9.40%	-18.93%	-14.97%	-3.16%
Cost of Revenue	28.66	29.45	28.62	29.73	64.98	20.98
Gross Profit	172,227	174,407	214,718	196,261	242,075	284,762
Selling, General & Admin	117,123	116,537	133,121	117,709	133,415	160,754
Research & Development	16,431	15,705	16,896	18,151	16,617	10,825
Amortization of Goodwill & Intangibles	871.56	1,097	1,502	1,442	395.03	219.28
Other Operating Expenses	4,815	4,667	3,643	4,320	4,295	4,541
Operating Expenses	146,024	144,680	160,165	146,358	159,070	181,430
Operating Income	26,203	29,728	54,553	49,903	83,005	103,331
Interest Expense	-342	-342	-168.38	-102.69	-122.95	-87.49
Interest & Investment Income	16,112	16,112	18,617	18,346	11,996	8,040
Earnings From Equity Investments	3,214	2,948	46.24	-	-	-
Currency Exchange Gain (Loss)	-989.17	-989.17	716.77	281.91	-1,317	1,665
Other Non Operating Income (Expenses)	-1,446	-14,830	-3,621	459.38	1,461	1,112
EBT Excluding Unusual Items	42,752	32,626	70,144	68,888	95,022	114,060
Gain (Loss) on Sale of Investments	2,319	2,319	1,493	2,993	10,269	6,721
Gain (Loss) on Sale of Assets	281.84	281.84	18.19	3.52	22.46	251.21
Asset Writedown	-214.63	-214.63	-226.31	40.23	-	-
Pretax Income	45,139	35,013	71,428	71,924	105,314	121,032
Income Tax Expense	14,043	11,478	14,676	14,356	32,920	34,182
Earnings From Continuing Operations	31,095	23,534	56,752	57,569	72,394	86,851
Minority Interest in Earnings	464.67	489.24	182.61	38.94	-1.1	7.1
Net Income	31,560	24,024	56,935	57,608	72,393	86,858
Net Income to Common	31,560	24,024	56,935	57,608	72,393	86,858
Net Income Growth	-16.08%	-57.80%	-1.17%	-20.42%	-16.65%	0.76%
Shares Outstanding (Basic)	29	29	29	29	30	30
Shares Outstanding (Diluted)	29	29	29	29	30	30
Shares Change (YoY)	-1.01%	-1.03%	-	-0.66%	-2.27%	-1.34%
EPS (Basic)	1084.12	823.73	1932.17	1955.00	2440.64	2861.69
EPS (Diluted)	1084.12	823.73	1932.00	1955.00	2440.64	2861.69
EPS Growth	-15.22%	-57.36%	-1.18%	-19.90%	-14.71%	2.14%
Free Cash Flow	17,100	12,267	60,843	38,889	37,764	85,303
Free Cash Flow Per Share	587.41	420.61	2064.79	1319.76	1273.16	2810.45
Dividend Per Share	700.000	700.000	300.000	300.000	370.000	-
Dividend Growth	133.33%	133.33%	-	-18.92%	-	-
Gross Margin	99.98%	99.98%	99.99%	99.98%	99.97%	99.99%
Operating Margin	15.21%	17.04%	25.40%	25.42%	34.28%	36.28%
Profit Margin	18.32%	13.77%	26.51%	29.35%	29.90%	30.50%
Free Cash Flow Margin	9.93%	7.03%	28.33%	19.81%	15.60%	29.95%
EBITDA	34,275	37,738	61,447	56,532	87,938	107,983
EBITDA Margin	19.90%	21.63%	28.61%	28.80%	36.32%	37.92%
D&A For EBITDA	8,072	8,010	6,894	6,629	4,933	4,652
EBIT	26,203	29,728	54,553	49,903	83,005	103,331
EBIT Margin	15.21%	17.04%	25.40%	25.42%	34.28%	36.28%
Effective Tax Rate	31.11%	32.78%	20.55%	19.96%	31.26%	28.24%
Advertising Expenses	-	13,440	8,109	8,140	13,027	13,142