NAVER Corporation (KRX:035420)

NAVER 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,998,447	10,737,719	9,670,644	8,220,079	6,817,600	5,304,146
Revenue Growth (YoY)	10.91%	11.03%	17.65%	20.57%	28.53%	21.76%
Gross Profit	10,998,447	10,737,719	9,670,644	8,220,079	6,817,600	5,304,146
Selling, General & Admin	8,248,370	8,053,650	7,566,513	6,329,446	5,043,686	3,748,298
Other Operating Expenses	31,290	31,290	32,971	25,060	14,991	16,065
Operating Expenses	8,953,176	8,758,456	8,181,823	6,915,414	5,492,122	4,088,803
Operating Income	2,045,272	1,979,263	1,488,820	1,304,664	1,325,478	1,215,342
Interest Expense	-104,881	-104,881	-127,078	-71,692	-45,166	-21,666
Interest & Investment Income	218,702	194,013	136,803	107,048	88,741	39,768
Earnings From Equity Investments	647,670	565,171	244,308	10,102	531,623	136,628
Currency Exchange Gain (Loss)	-147,025	-147,025	-42,724	-79,093	-26,113	-12,154
Other Non Operating Income (Expenses)	-389,240	-135,979	22,092	-254,497	-239,308	-104,477
EBT Excluding Unusual Items	2,270,497	2,350,562	1,722,221	1,016,532	1,635,255	1,253,441
Gain (Loss) on Sale of Investments	-6,712	-6,712	-210,367	-122,287	488,466	377,534
Gain (Loss) on Sale of Assets	128,534	128,534	3,764	203,243	2,678	2,584
Asset Writedown	-150,200	-150,200	-34,222	-13,771	-	-
Pretax Income	2,242,119	2,322,184	1,481,396	1,083,717	2,126,400	1,633,559
Income Tax Expense	442,285	390,208	496,379	410,537	648,669	492,535
Earnings From Continuing Operations	1,799,834	1,931,976	985,018	673,180	1,477,731	1,141,024
Earnings From Discontinued Operations	-	-	-	-	14,999,895	-296,027
Net Income to Company	1,799,834	1,931,976	985,018	673,180	16,477,626	844,997
Minority Interest in Earnings	37,681	-8,739	27,304	87,081	12,224	157,090
Net Income	1,837,515	1,923,237	1,012,322	760,261	16,489,850	1,002,087
Preferred Dividends & Other Adjustments	20,674	20,674	10,353	10,361	10.35	-
Net Income to Common	1,816,841	1,902,563	1,001,969	749,900	16,489,839	1,002,087
Net Income Growth	25.19%	89.98%	33.15%	-95.39%	1545.55%	71.87%
Shares Outstanding (Basic)	151	151	150	150	149	146
Shares Outstanding (Diluted)	151	151	151	150	150	147
Shares Change (YoY)	0.78%	0.10%	0.29%	0.28%	2.37%	0.69%
EPS (Basic)	12040.18	12633.76	6660.80	5007.21	110923.66	6876.56
EPS (Diluted)	11979.71	12553.45	6576.30	4985.00	109883.57	5792.76
EPS Growth	24.06%	90.89%	31.92%	-95.46%	1796.91%	44.60%
Free Cash Flow	1,895,633	2,035,877	1,361,610	752,657	625,963	687,809
Free Cash Flow Per Share	12547.30	13482.39	9026.04	5003.76	4172.97	4693.96
Dividend Per Share	1130.000	1130.000	790.000	914.000	511.000	402.000
Dividend Growth	43.04%	43.04%	-13.57%	78.86%	27.11%	6.92%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	18.60%	18.43%	15.39%	15.87%	19.44%	22.91%
Profit Margin	16.52%	17.72%	10.36%	9.12%	241.87%	18.89%
Free Cash Flow Margin	17.23%	18.96%	14.08%	9.16%	9.18%	12.97%
EBITDA	2,741,581	2,652,779	2,071,160	1,865,573	1,758,923	1,710,621
EBITDA Margin	24.93%	24.70%	21.42%	22.70%	25.80%	32.25%
D&A For EBITDA	696,310	673,516	582,339	560,909	433,445	495,278
EBIT	2,045,272	1,979,263	1,488,820	1,304,664	1,325,478	1,215,342
EBIT Margin	18.60%	18.43%	15.39%	15.87%	19.44%	22.91%
Effective Tax Rate	19.73%	16.80%	33.51%	37.88%	30.50%	30.15%
Advertising Expenses	-	1,599,360	1,479,802	1,300,591	1,071,730	762,604

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.