NEXON Co., Ltd. (TYO: 3659)

NEXON Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	451,062	423,356	353,714	274,462	293,024	248,542
Revenue Growth (YoY)	7.43%	19.69%	28.88%	-6.33%	17.90%	-2.04%
Cost of Revenue	165,861	137,938	105,778	72,121	69,009	59,586
Gross Profit	285,201	285,418	247,936	202,341	224,015	188,956
Selling, General & Admin	115,458	118,815	109,620	82,050	81,914	66,254
Research & Development	24,618	24,618	25,930	20,996	16,545	14,895
Other Operating Expenses	2,551	-106	-426	-436	-1,192	-1,263
Operating Expenses	152,523	153,223	138,871	108,054	102,519	83,854
Operating Income	132,678	132,195	109,065	94,287	121,496	105,102
Interest Expense	-	-1,410	-588	-415	-357	-401
Interest & Investment Income	18,516	24,621	12,986	6,452	8,275	13,376
Earnings From Equity Investments	-5,862	-3,510	-10,246	-999	765	-325
Currency Exchange Gain (Loss)	10,436	10,436	41,708	36,432	-17,744	16,232
Other Non Operating Income (Expenses)	-1,573	95	656	-388	-189	-180
EBT Excluding Unusual Items	154,195	162,427	153,581	135,369	112,246	133,804
Gain (Loss) on Sale of Investments	2,116	2,116	-2,331	3,935	1,254	6,106
Gain (Loss) on Sale of Assets	-8	-8	-32	-5	-56	-43
Asset Writedown	-43,383	-38,606	-10,693	-3,827	-5,273	-17,899
Pretax Income	112,920	125,929	140,525	135,472	108,171	121,968
Income Tax Expense	51,007	54,845	40,535	22,406	52,682	8,732
Earnings From Continuing Operations	61,913	71,084	99,990	113,066	55,489	113,236
Minority Interest in Earnings	-981	-475	349	1,822	731	2,428
Net Income	60,932	70,609	100,339	114,888	56,220	115,664
Net Income to Common	60,932	70,609	100,339	114,888	56,220	115,664
Net Income Growth	-41.73%	-29.63%	-12.66%	104.35%	-51.39%	7.42%
Shares Outstanding (Basic)	829	852	875	891	884	894
Shares Outstanding (Diluted)	829	857	882	903	894	901
Shares Change (YoY)	-3.80%	-2.74%	-2.34%	0.99%	-0.80%	0.13%
EPS (Basic)	72.70	82.89	114.74	128.91	63.57	129.34
EPS (Diluted)	72.34	82.33	113.81	126.55	61.90	128.03
EPS Growth	-40.33%	-27.66%	-10.07%	104.45%	-51.65%	7.01%
Free Cash Flow	89,015	125,305	127,343	104,329	135,261	103,648
Free Cash Flow Per Share	107.31	146.14	144.44	115.57	151.32	115.02
Dividend Per Share	12.500	10.000	10.000	7.500	5.000	2.500
Dividend Growth	25.00%	0%	33.33%	50.00%	100.00%	-
Gross Margin	-	67.42%	70.09%	73.72%	76.45%	76.03%
Operating Margin	29.41%	31.23%	30.83%	34.35%	41.46%	42.29%
Profit Margin	13.51%	16.68%	28.37%	41.86%	19.19%	46.54%
Free Cash Flow Margin	19.73%	29.60%	36.00%	38.01%	46.16%	41.70%
EBITDA	142,421	140,793	115,832	102,755	130,070	112,796
EBITDA Margin	-	33.26%	32.75%	37.44%	44.39%	45.38%
D&A For EBITDA	9,743	8,598	6,767	8,468	8,574	7,694
EBIT	132,678	132,195	109,065	94,287	121,496	105,102
EBIT Margin	-	31.23%	30.83%	34.35%	41.46%	42.29%
Effective Tax Rate	-	43.55%	28.85%	16.54%	48.70%	7.16%
Advertising Expenses	-	32,978	25,717	17,386	20,416	18,721

Source: S&P Capital IQ. Standard template. Financial Sources.