NEXON Games Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	179,317	256,071	193,272	132,375	63,084
Revenue Growth (YoY)	-29.97%	32.49%	46.00%	109.84%	-
Gross Profit	179,317	256,071	193,272	132,375	63,084
Selling, General & Admin	221,043	201,011	170,425	121,390	63,433
Amortization of Goodwill & Intangibles	991.59	880.9	1,708	481.36	523.1
Other Operating Expenses	1,398	1,560	1,300	1,017	515.78
Operating Expenses	239,556	217,338	181,258	127,220	67,058
Operating Income	-60,240	38,734	12,014	5,155	-3,974
Interest Expense	-4,125	-4,428	-1,193	-523.45	-488.78
Interest & Investment Income	6,943	6,476	5,561	2,807	613.31
Currency Exchange Gain (Loss)	-239.86	2,718	-960.68	-1,139	98.82
Other Non Operating Income (Expenses)	-268.85	406.84	329.72	-160.65	-5.4
EBT Excluding Unusual Items	-57,930	43,906	15,751	6,139	-3,756
Gain (Loss) on Sale of Investments	1.17	-	-	-	-
Gain (Loss) on Sale of Assets	-13.42	-134.4	-14.03	10.91	-17.58
Asset Writedown	-	-6	-	-	-
Pretax Income	-57,942	43,765	15,737	6,150	-3,773
Income Tax Expense	3,878	12,321	4,443	101.73	4,189
Earnings From Continuing Operations	-61,820	31,444	11,294	6,048	-7,962
Minority Interest in Earnings	-1.95	-1.63	-0.2	-0.31	-
Net Income	-61,822	31,442	11,294	6,048	-7,962
Net Income to Common	-61,822	31,442	11,294	6,048	-7,962
Net Income Growth	-	178.39%	86.75%	-	-
Shares Outstanding (Basic)	63	64	64	55	29
Shares Outstanding (Diluted)	63	65	65	55	29
Shares Change (YoY)	-2.80%	0.66%	17.54%	92.99%	-
EPS (Basic)	-974.30	491.87	177.00	109.62	-278.53
EPS (Diluted)	-974.30	482.00	174.00	109.62	-279.00
EPS Growth	-	177.01%	58.73%	-	-
Free Cash Flow	-46,143	60,202	33,089	28,138	27,860
Free Cash Flow Per Share	-727.21	922.25	510.26	510.05	974.60
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-33.59%	15.13%	6.22%	3.89%	-6.30%
Profit Margin	-34.48%	12.28%	5.84%	4.57%	-12.62%
Free Cash Flow Margin	-25.73%	23.51%	17.12%	21.26%	44.16%
EBITDA	-43,124	53,501	21,547	9,967	-864.92
EBITDA Margin	-24.05%	20.89%	11.15%	7.53%	-1.37%
D&A For EBITDA	17,115	14,767	9,533	4,812	3,109
EBIT	-60,240	38,734	12,014	5,155	-3,974
EBIT Margin	-33.59%	15.13%	6.22%	3.89%	-6.30%
Effective Tax Rate	-	28.15%	28.23%	1.65%	-
Advertising Expenses	213.83	223.75	172.14	39.15	36.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.