MegaStudyEdu Co. Ltd (KOSDAQ:215200)

MegaStudyEdu Co. 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	917,099	942,249	935,225	835,953	703,869	474,717
Other Revenue	-	-	-0	-0	-	-
Revenue	917,099	942,249	935,225	835,953	703,869	474,717
Revenue Growth (YoY)	-1.81%	0.75%	11.88%	18.77%	48.27%	8.54%
Cost of Revenue	396,379	410,202	409,422	363,357	317,468	214,618
Gross Profit	520,720	532,047	525,803	472,596	386,401	260,099
Selling, General & Admin	319,588	335,074	328,166	280,291	238,153	181,605
Research & Development	-	-	-	-	-	58.25
Other Operating Expenses	6,212	6,205	5,670	4,692	5,314	4,581
Operating Expenses	390,596	408,422	398,362	337,206	287,393	227,283
Operating Income	130,124	123,624	127,441	135,390	99,007	32,816
Interest Expense	-3,961	-4,269	-5,826	-3,410	-2,655	-2,189
Interest & Investment Income	7,013	7,412	3,825	4,100	1,637	1,154
Earnings From Equity Investments	403.39	-975	935.08	21.6	-128.56	50.21
Other Non Operating Income (Expenses)	1,233	-3,860	5,453	1,611	3,870	-1,590
EBT Excluding Unusual Items	134,812	121,933	131,827	137,712	101,730	30,241
Gain (Loss) on Sale of Investments	335.35	117.76	-1,367	279.04	10,385	1,364
Gain (Loss) on Sale of Assets	-1,716	-2,846	-1,379	-942.03	-416.03	-382.16
Asset Writedown	-58,597	-54,180	-2,142	-2,741	-2,491	-2,698
Pretax Income	74,835	65,025	126,938	134,308	109,208	28,524
Income Tax Expense	17,500	14,870	31,145	34,751	27,663	7,530
Earnings From Continuing Operations	57,335	50,155	95,793	99,557	81,545	20,994
Minority Interest in Earnings	-7,091	-3,982	-1,188	4,040	-382.71	490.82
Net Income	50,244	46,173	94,606	103,598	81,162	21,485
Net Income to Common	50,244	46,173	94,606	103,598	81,162	21,485
Net Income Growth	-38.75%	-51.20%	-8.68%	27.64%	277.76%	-54.31%
Shares Outstanding (Basic)	11	11	12	12	12	12
Shares Outstanding (Diluted)	11	11	12	12	12	12
Shares Change (YoY)	-5.82%	-5.64%	-1.08%	0.01%	0.27%	0.55%
EPS (Basic)	4671.39	4198.82	8117.57	8793.38	6892.57	1830.74
EPS (Diluted)	4671.39	4198.82	8117.57	8793.00	6890.00	1829.00
EPS Growth	-34.96%	-48.27%	-7.68%	27.62%	276.71%	-54.55%
Free Cash Flow	123,104	148,536	112,908	76,277	164,903	80,229
Free Cash Flow Per Share	11445.51	13507.53	9688.02	6474.38	13997.98	6828.96
Dividend Per Share	1500.000	1500.000	-	-	-	750.000
Dividend Growth	-	-	-	-	-	-31.82%
Gross Margin	56.78%	56.47%	56.22%	56.53%	54.90%	54.79%
Operating Margin	14.19%	13.12%	13.63%	16.20%	14.07%	6.91%
Profit Margin	5.48%	4.90%	10.12%	12.39%	11.53%	4.53%
Free Cash Flow Margin	13.42%	15.76%	12.07%	9.13%	23.43%	16.90%
EBITDA	207,311	205,181	205,237	207,289	160,605	85,956
EBITDA Margin	22.61%	21.78%	21.95%	24.80%	22.82%	18.11%
D&A For EBITDA	77,187	81,556	77,797	71,899	61,598	53,140
EBIT	130,124	123,624	127,441	135,390	99,007	32,816
EBIT Margin	14.19%	13.12%	13.63%	16.20%	14.07%	6.91%
Effective Tax Rate	23.39%	22.87%	24.54%	25.87%	25.33%	26.40%
Advertising Expenses	-	72,502	78,443	71,765	63,216	42,553

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.