Netmarble Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	2,894,498	2,835,074	2,663,783	2,502,056	2,673,408	2,506,906
Revenue Growth	9.73%	6.43%	6.46%	-6.41%	6.64%	0.89%
Cost of Revenue	983.4	1,131	1,059	969.7	566.48	925.48
Gross Profit	2,893,515	2,833,943	2,662,725	2,501,086	2,672,842	2,505,981
Selling, General & Admin	2,421,709	2,341,671	2,283,074	2,374,697	2,542,287	2,197,251
Research & Development	71.14	83.75	22.15	30.33	67.09	82.35
Amortization of Goodwill & Intangibles	87,059	83,629	100,927	128,887	178,286	106,553
Other Operating Expenses	5,184	8,023	8,960	9,100	5,980	6,840
Operating Expenses	2,567,917	2,493,927	2,454,784	2,599,145	2,795,753	2,374,712
Operating Income	325,598	340,016	207,941	-98,059	-122,911	131,269
Interest Expense	-59,578	-72,482	-107,428	-146,706	-112,780	-36,223
Interest & Investment Income	21,124	18,895	24,528	29,442	24,209	24,460
Earnings From Equity Investments	297,572	95,297	243,534	423,130	79,022	209,122
Currency Exchange Gain (Loss)	-341.92	-8,929	-7,056	-34,139	-122,579	31,792
Other Non Operating Income (Expenses)	-143,139	100,064	-23,142	-45,177	66,468	4,604
EBT Excluding Unusual Items	441,236	472,861	338,376	128,492	-188,572	365,024
Gain (Loss) on Sale of Investments	2,067	-1,825	-3,693	-1,617	-5,956	6,142
Gain (Loss) on Sale of Assets	291,860	-871.63	32,798	30,899	-38,347	-2,259
Asset Writedown	-133,762	-125,889	-291,186	-316,377	-708,599	-19,425
Other Unusual Items	25.04	1,900	-	-	-	1,695
Pretax Income	601,427	346,175	76,295	-158,604	-941,474	351,178
Income Tax Expense	196,178	115,356	73,079	145,282	-55,116	101,999
Earnings From Continuing Operations	405,249	230,819	3,216	-303,885	-886,358	249,178
Minority Interest in Earnings	-8,871	-5,785	22,424	48,214	67,175	-8,934
Net Income	396,378	225,033	25,640	-255,671	-819,182	240,244
Net Income to Common	396,378	225,033	25,640	-255,671	-819,182	240,244
Net Income Growth	328.46%	777.65%	-	-	-	-23.23%
Shares Outstanding (Basic)	82	82	82	82	82	82
Shares Outstanding (Diluted)	83	84	85	82	82	82
Shares Change	-3.82%	-0.98%	4.10%	-	-	0.07%
EPS (Basic)	4853.02	2746.50	312.94	-3120.43	-9998.01	2932.66
EPS (Diluted)	4804.63	2665.00	0.31	-3120.43	-9998.01	2932.00
EPS Growth	574.19%	864623.50%	-	-	-	-23.29%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	256,066	258,523	188,930	-136,305	-448,957	7,793
Free Cash Flow Per Share	3103.61	3061.19	2215.11	-1663.58	-5479.46	95.11
Dividend Per Share	876.000	876.000	-	-	-	-
Dividend Growth	-	-	-	-	-	-
Gross Margin	99.97%	99.96%	99.96%	99.96%	99.98%	99.96%
Operating Margin	11.25%	11.99%	7.81%	-3.92%	-4.60%	5.24%
Profit Margin	13.69%	7.94%	0.96%	-10.22%	-30.64%	9.58%
Free Cash Flow Margin	8.85%	9.12%	7.09%	-5.45%	-16.79%	0.31%
EBITDA	458,003	471,499	362,315	87,362	109,472	281,822
EBITDA Margin	15.82%	16.63%	13.60%	3.49%	4.09%	11.24%
D&A For EBITDA	132,405	131,484	154,374	185,422	232,384	150,553
EBIT	325,598	340,016	207,941	-98,059	-122,911	131,269
EBIT Margin	11.25%	11.99%	7.81%	-3.92%	-4.60%	5.24%
Effective Tax Rate	32.62%	33.32%	95.78%	-	-	29.04%
Advertising Expenses	-	573,590	470,263	486,876	524,342	400,035