MegaStudyEdu Co. Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2019
Operating Revenue	930,530	942,249	935,225	835,953	703,869	474,717	Upgrade
Other Revenue	-	-	-0	-0	-	-	Upgrade
Revenue	930,530	942,249	935,225	835,953	703,869	474,717	Upgrade
Revenue Growth (YoY)	-1.21%	0.75%	11.88%	18.77%	48.27%	8.54%	Upgrade
Cost of Revenue	403,135	410,202	409,422	363,357	317,468	214,618	Upgrade
Gross Profit	527,395	532,047	525,803	472,596	386,401	260,099	Upgrade
Selling, General & Admin	325,560	335,074	328,166	280,291	238,153	181,605	Upgrade
Research & Development	-	-	-	-	-	58.25	Upgrade
Other Operating Expenses	6,187	6,205	5,670	4,692	5,314	4,581	Upgrade
Operating Expenses	397,836	408,422	398,362	337,206	287,393	227,283	Upgrade
Operating Income	129,559	123,624	127,441	135,390	99,007	32,816	Upgrade
Interest Expense	-4,018	-4,269	-5,826	-3,410	-2,655	-2,189	Upgrade
Interest & Investment Income	6,695	7,412	3,825	4,100	1,637	1,154	Upgrade
Earnings From Equity Investments	-715.57	-975	935.08	21.6	-128.56	50.21	Upgrade
Other Non Operating Income (Expenses)	-4,018	-3,860	5,453	1,611	3,870	-1,590	Upgrade
EBT Excluding Unusual Items	127,502	121,933	131,827	137,712	101,730	30,241	Upgrade
Gain (Loss) on Sale of Investments	-353.1	117.76	-1,367	279.04	10,385	1,364	Upgrade
Gain (Loss) on Sale of Assets	-2,849	-2,846	-1,379	-942.03	-416.03	-382.16	Upgrade
Asset Writedown	-54,180	-54,180	-2,142	-2,741	-2,491	-2,698	Upgrade
Pretax Income	70,120	65,025	126,938	134,308	109,208	28,524	Upgrade
Income Tax Expense	15,536	14,870	31,145	34,751	27,663	7,530	Upgrade
Earnings From Continuing Operations	54,584	50,155	95,793	99,557	81,545	20,994	Upgrade
Minority Interest in Earnings	-4,712	-3,982	-1,188	4,040	-382.71	490.82	Upgrade
Net Income	49,872	46,173	94,606	103,598	81,162	21,485	Upgrade
Net Income to Common	49,872	46,173	94,606	103,598	81,162	21,485	Upgrade
Net Income Growth	-45.46%	-51.20%	-8.68%	27.64%	277.76%	-54.31%	Upgrade
Shares Outstanding (Basic)	11	11	12	12	12	12	Upgrade
Shares Outstanding (Diluted)	11	11	12	12	12	12	Upgrade
Shares Change (YoY)	-5.68%	-5.64%	-1.08%	0.01%	0.27%	0.55%	Upgrade
EPS (Basic)	4571.30	4198.82	8117.57	8793.38	6892.57	1830.74	Upgrade
EPS (Diluted)	4571.30	4198.82	8117.57	8793.00	6890.00	1829.00	Upgrade
EPS Growth	-42.17%	-48.27%	-7.68%	27.62%	276.71%	-54.55%	Upgrade
Free Cash Flow	132,174	148,536	112,908	76,277	164,903	80,229	Upgrade
Free Cash Flow Per Share	12115.19	13507.53	9688.02	6474.38	13997.98	6828.96	Upgrade
Dividend Per Share	1500.000	1500.000	-	-	-	750.000	Upgrade
Dividend Growth	-	-	-	-	-	-31.82%	Upgrade
Gross Margin	56.68%	56.47%	56.22%	56.53%	54.90%	54.79%	Upgrade
Operating Margin	13.92%	13.12%	13.63%	16.20%	14.07%	6.91%	Upgrade
Profit Margin	5.36%	4.90%	10.12%	12.39%	11.53%	4.53%	Upgrade
Free Cash Flow Margin	14.20%	15.76%	12.07%	9.13%	23.43%	16.90%	Upgrade
EBITDA	208,926	205,181	205,237	207,289	160,605	85,956	Upgrade
EBITDA Margin	22.45%	21.78%	21.95%	24.80%	22.82%	18.11%	Upgrade
D&A For EBITDA	79,366	81,556	77,797	71,899	61,598	53,140	Upgrade
EBIT	129,559	123,624	127,441	135,390	99,007	32,816	Upgrade
EBIT Margin	13.92%	13.12%	13.63%	16.20%	14.07%	6.91%	Upgrade
Effective Tax Rate	22.16%	22.87%	24.54%	25.87%	25.33%	26.40%	Upgrade
Advertising Expenses	-	72,502	78,443	71,765	63,216	42,553	Upgrade

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