MediaZen Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2019	FY 2018
Period Ending	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Operating Revenue	13,828	13,383
Other Revenue	0	0
Revenue	13,828	13,383
Revenue Growth (YoY)	3.33%	-
Cost of Revenue	3,086	1,210
Gross Profit	10,742	12,174
Selling, General & Admin	9,944	10,460
Research & Development	909.61	1,425
Other Operating Expenses	342.41	285.82
Operating Expenses	11,482	12,391
Operating Income	-740.29	-217.26
Interest Expense	-22.37	-12
Interest & Investment Income	116.1	109.72
Currency Exchange Gain (Loss)	76.54	56.33
Other Non Operating Income (Expenses)	16.32	-565.87
EBT Excluding Unusual Items	-553.69	-629.08
Gain (Loss) on Sale of Investments	4.2	2.08
Gain (Loss) on Sale of Assets	-0.43	-13.51
Other Unusual Items	-	107.83
Pretax Income	-549.92	-532.68
Net Income	-549.92	-532.68
Net Income to Common	-549.92	-532.68
Shares Outstanding (Basic)	4	3
Shares Outstanding (Diluted)	4	3
Shares Change (YoY)	29.68%	-
EPS (Basic)	-142.41	-178.90
EPS (Diluted)	-142.41	-178.90
Free Cash Flow	-5,714	579.94
Free Cash Flow Per Share	-1479.82	194.77
Gross Margin	77.68%	90.96%
Operating Margin	-5.35%	-1.62%
Profit Margin	-3.98%	-3.98%
Free Cash Flow Margin	-41.32%	4.33%
EBITDA	-468.7	13.22
EBITDA Margin	-3.39%	0.10%
D&A For EBITDA	271.59	230.48
EBIT	-740.29	-217.26
EBIT Margin	-5.35%	-1.62%
Advertising Expenses	4.41	27.61

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