Wemade Play Co., Ltd. (KOSDAQ:123420)

Wemade Play 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	124,915	120,412	121,679	134,045	105,734	106,204
Revenue Growth (YoY)	4.22%	-1.04%	-9.23%	26.78%	-0.44%	25.83%
Cost of Revenue	50.39	53.77	60.25	63.74	46.05	41.94
Gross Profit	124,865	120,358	121,618	133,981	105,688	106,162
Selling, General & Admin	108,035	110,819	111,405	123,105	92,737	81,728
Research & Development	-	-	-	-	-	9,027
Amortization of Goodwill & Intangibles	2,467	2,482	4,380	4,341	1,379	83.64
Other Operating Expenses	232.1	298.78	354.5	434.66	292.94	236.12
Operating Expenses	115,366	119,305	122,054	133,058	99,726	93,177
Operating Income	9,499	1,054	-436.03	923.74	5,962	12,985
Interest Expense	-2,370	-3,106	-3,718	-5,126	-136.3	-143.83
Interest & Investment Income	5,701	1,497	2,016	1,462	712.88	1,555
Earnings From Equity Investments	14,450	-767.56	5,650	9,724	6,932	-2,397
Currency Exchange Gain (Loss)	29.34	2,046	-2.04	270.08	404.71	-1,357
Other Non Operating Income (Expenses)	1,487	4,480	2,928	-1,429	-285.22	-399.83
EBT Excluding Unusual Items	28,797	5,203	6,438	5,825	13,590	10,243
Gain (Loss) on Sale of Investments	32,157	30,657	1,722	-5,922	1,454	3,900
Gain (Loss) on Sale of Assets	129.72	5.45	-1,035	10.24	-20.13	25.27
Asset Writedown	-718.33	-423.99	-2,031	-75.84	-	-
Pretax Income	60,365	35,442	5,094	-162.63	15,024	14,168
Income Tax Expense	13,344	10,948	766.01	369.95	851.28	-475.77
Earnings From Continuing Operations	47,021	24,494	4,328	-532.58	14,173	14,644
Minority Interest in Earnings	-2,191	-942.9	-15.88	150.54	65.1	-
Net Income	44,829	23,551	4,313	-382.04	14,238	14,644
Net Income to Common	44,829	23,551	4,313	-382.04	14,238	14,644
Net Income Growth	4378.64%	446.12%	-	-	-2.77%	394.32%
Shares Outstanding (Basic)	10	10	10	10	9	9
Shares Outstanding (Diluted)	10	10	12	10	9	9
Shares Change (YoY)	-10.77%	-10.40%	13.02%	20.23%	-3.34%	-5.11%
EPS (Basic)	4319.67	2264.32	414.62	-37.20	1666.58	1656.93
EPS (Diluted)	4319.35	2264.00	233.03	-37.20	1666.58	1656.93
EPS Growth	-	871.54%	-	-	0.58%	421.05%
Free Cash Flow	18,059	4,794	2,601	-161,691	8,946	16,604
Free Cash Flow Per Share	1740.18	460.92	224.10	-15742.59	1047.13	1878.74
Gross Margin	99.96%	99.95%	99.95%	99.95%	99.96%	99.96%
Operating Margin	7.60%	0.88%	-0.36%	0.69%	5.64%	12.23%
Profit Margin	35.89%	19.56%	3.54%	-0.29%	13.47%	13.79%
Free Cash Flow Margin	14.46%	3.98%	2.14%	-120.62%	8.46%	15.63%
EBITDA	16,598	9,240	9,844	10,473	10,142	15,171
EBITDA Margin	13.29%	7.67%	8.09%	7.81%	9.59%	14.29%
D&A For EBITDA	7,099	8,186	10,280	9,549	4,180	2,186
EBIT	9,499	1,054	-436.03	923.74	5,962	12,985
EBIT Margin	7.60%	0.88%	-0.36%	0.69%	5.64%	12.23%
Effective Tax Rate	22.11%	30.89%	15.04%	-	5.67%	-
Advertising Expenses	-	25,658	20,600	28,363	12,589	9,855

Source: S&P Global Market Intelligence. Standard template. Financial Sources.