Netmarble Corporation (KRX:251270)

Netmarble 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
Operating Revenue	2,702,273	2,663,783	2,502,056	2,673,408	2,506,906	2,484,765
Revenue	2,702,273	2,663,783	2,502,056	2,673,408	2,506,906	2,484,765
Revenue Growth (YoY)	8.75%	6.46%	-6.41%	6.64%	0.89%	14.05%
Cost of Revenue	1,249	1,059	969.7	566.48	925.48	237.49
Gross Profit	2,701,024	2,662,725	2,501,086	2,672,842	2,505,981	2,484,527
Selling, General & Admin	2,281,825	2,283,074	2,374,697	2,542,287	2,197,251	2,093,428
Research & Development	21.32	22.15	30.33	67.09	82.35	163.36
Other Operating Expenses	8,777	8,960	9,100	5,980	6,840	7,342
Operating Expenses	2,449,028	2,454,784	2,599,145	2,795,753	2,374,712	2,212,546
Operating Income	251,996	207,941	-98,059	-122,911	131,269	271,981
Interest Expense	-98,794	-107,428	-146,706	-112,780	-36,223	-23,128
Interest & Investment Income	20,906	24,528	29,442	24,209	24,460	26,205
Earnings From Equity Investments	245,829	243,534	423,130	79,022	209,122	195,752
Currency Exchange Gain (Loss)	-8,865	-7,056	-34,139	-122,579	31,792	12,548
Other Non Operating Income (Expenses)	32,878	-23,142	-45,177	66,468	4,604	-9,597
EBT Excluding Unusual Items	443,949	338,376	128,492	-188,572	365,024	473,762
Gain (Loss) on Sale of Investments	-4,822	-3,693	-1,617	-5,956	6,142	6,148
Gain (Loss) on Sale of Assets	23,116	32,798	30,899	-38,347	-2,259	-279.3
Asset Writedown	-291,167	-291,186	-316,377	-708,599	-19,425	-4,991
Other Unusual Items	1,907	-	-	-	1,695	-
Pretax Income	172,983	76,295	-158,604	-941,474	351,178	474,640
Income Tax Expense	79,653	73,079	145,282	-55,116	101,999	136,593
Earnings From Continuing Operations	93,330	3,216	-303,885	-886,358	249,178	338,047
Minority Interest in Earnings	8,314	22,424	48,214	67,175	-8,934	-25,096
Net Income	101,644	25,640	-255,671	-819,182	240,244	312,951
Net Income to Common	101,644	25,640	-255,671	-819,182	240,244	312,951
Net Income Growth	-	-	-	-	-23.23%	100.63%
Shares Outstanding (Basic)	82	82	82	82	82	82
Shares Outstanding (Diluted)	86	85	82	82	82	82
Shares Change (YoY)	5.12%	4.10%	-	-	0.07%	-1.52%
EPS (Basic)	1240.55	312.94	-3120.43	-9998.01	2932.66	3826.59
EPS (Diluted)	1187.12	308.00	-3120.43	-9998.01	2932.00	3822.00
EPS Growth	-	-	-	-	-23.29%	103.73%
Free Cash Flow	222,901	188,930	-136,305	-448,957	7,793	158,510
Free Cash Flow Per Share	2587.95	2215.11	-1663.58	-5479.46	95.11	1936.02
Gross Margin	99.95%	99.96%	99.96%	99.98%	99.96%	99.99%
Operating Margin	9.32%	7.81%	-3.92%	-4.60%	5.24%	10.95%
Profit Margin	3.76%	0.96%	-10.22%	-30.64%	9.58%	12.60%
Free Cash Flow Margin	8.25%	7.09%	-5.45%	-16.79%	0.31%	6.38%
EBITDA	399,221	362,315	87,362	109,472	281,822	383,703
EBITDA Margin	14.77%	13.60%	3.49%	4.09%	11.24%	15.44%
D&A For EBITDA	147,225	154,374	185,422	232,384	150,553	111,721
EBIT	251,996	207,941	-98,059	-122,911	131,269	271,981
EBIT Margin	9.32%	7.81%	-3.92%	-4.60%	5.24%	10.95%
Effective Tax Rate	46.05%	95.78%	-	-	29.04%	28.78%
Advertising Expenses	-	470,263	486,876	524,342	400,035	392,458

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.