Webzen Inc
KOSDAQ:069080
Income Statement
Earnings Waterfall
Webzen Inc
Revenue
|
196.3B
KRW
|
Cost of Revenue
|
-45.4B
KRW
|
Gross Profit
|
150.9B
KRW
|
Operating Expenses
|
-101B
KRW
|
Operating Income
|
49.9B
KRW
|
Other Expenses
|
7.7B
KRW
|
Net Income
|
57.6B
KRW
|
Income Statement
Webzen Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
72 078
N/A
|
71 785
0%
|
68 436
-5%
|
72 513
+6%
|
73 472
+1%
|
76 319
+4%
|
134 725
+77%
|
188 903
+40%
|
242 222
+28%
|
281 636
+16%
|
264 214
-6%
|
234 623
-11%
|
219 993
-6%
|
203 066
-8%
|
192 937
-5%
|
180 144
-7%
|
166 267
-8%
|
177 833
+7%
|
183 002
+3%
|
211 094
+15%
|
218 877
+4%
|
205 678
-6%
|
200 147
-3%
|
183 573
-8%
|
176 052
-4%
|
168 927
-4%
|
185 749
+10%
|
245 356
+32%
|
294 092
+20%
|
337 756
+15%
|
349 162
+3%
|
308 616
-12%
|
284 783
-8%
|
276 608
-3%
|
274 592
-1%
|
267 734
-2%
|
242 140
-10%
|
215 079
-11%
|
187 981
-13%
|
168 779
-10%
|
196 290
+16%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(23 418)
|
(31 527)
|
(31 462)
|
(30 401)
|
(29 851)
|
(28 273)
|
(27 141)
|
(27 888)
|
(30 280)
|
(32 134)
|
(33 118)
|
(33 196)
|
(31 204)
|
(30 554)
|
(32 016)
|
(33 510)
|
(36 230)
|
(39 831)
|
(40 737)
|
(41 761)
|
(43 836)
|
(41 560)
|
(42 168)
|
(42 273)
|
(39 401)
|
(40 094)
|
(39 576)
|
(40 783)
|
(47 420)
|
(49 038)
|
(52 084)
|
(52 922)
|
(47 776)
|
(47 348)
|
(45 490)
|
(45 239)
|
(38 971)
|
(38 459)
|
(38 343)
|
(38 174)
|
(45 389)
|
|
Gross Profit |
30 581
N/A
|
40 258
+32%
|
36 974
-8%
|
42 112
+14%
|
43 621
+4%
|
48 045
+10%
|
107 583
+124%
|
161 015
+50%
|
211 942
+32%
|
249 501
+18%
|
231 094
-7%
|
201 424
-13%
|
188 789
-6%
|
172 510
-9%
|
160 919
-7%
|
146 632
-9%
|
130 037
-11%
|
138 001
+6%
|
142 265
+3%
|
169 333
+19%
|
175 041
+3%
|
164 118
-6%
|
157 980
-4%
|
141 301
-11%
|
136 651
-3%
|
128 834
-6%
|
146 172
+13%
|
204 572
+40%
|
246 672
+21%
|
288 716
+17%
|
297 077
+3%
|
255 692
-14%
|
237 007
-7%
|
229 260
-3%
|
229 102
0%
|
222 495
-3%
|
203 169
-9%
|
176 619
-13%
|
149 638
-15%
|
130 604
-13%
|
150 902
+16%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(45 887)
|
(38 763)
|
(34 565)
|
(33 842)
|
(29 394)
|
(31 284)
|
(61 110)
|
(96 483)
|
(137 222)
|
(173 290)
|
(162 261)
|
(148 832)
|
(131 606)
|
(121 457)
|
(113 328)
|
(101 435)
|
(86 029)
|
(80 746)
|
(83 339)
|
(97 991)
|
(106 179)
|
(110 228)
|
(107 635)
|
(92 349)
|
(84 865)
|
(76 668)
|
(86 901)
|
(120 360)
|
(138 410)
|
(152 670)
|
(154 301)
|
(140 067)
|
(134 009)
|
(141 318)
|
(138 691)
|
(131 007)
|
(120 164)
|
(106 159)
|
(92 961)
|
(81 297)
|
(100 999)
|
|
Selling, General & Administrative |
(23 690)
|
(31 042)
|
(26 631)
|
(24 746)
|
(21 733)
|
(18 873)
|
(53 899)
|
(89 275)
|
(121 942)
|
(146 954)
|
(134 417)
|
(120 555)
|
(112 196)
|
(103 399)
|
(97 511)
|
(87 953)
|
(73 836)
|
(69 695)
|
(72 337)
|
(86 808)
|
(94 433)
|
(96 731)
|
(92 782)
|
(76 565)
|
(67 835)
|
(60 577)
|
(70 852)
|
(104 645)
|
(124 358)
|
(138 898)
|
(140 413)
|
(125 875)
|
(118 678)
|
(124 830)
|
(121 053)
|
(111 632)
|
(98 716)
|
(82 619)
|
(68 373)
|
(56 496)
|
(76 248)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7 995)
|
(10 968)
|
(13 728)
|
(16 610)
|
(10 815)
|
(9 544)
|
(7 157)
|
(4 746)
|
(3 279)
|
(2 245)
|
(2 563)
|
(3 310)
|
(4 274)
|
(5 986)
|
(7 222)
|
(8 030)
|
(8 916)
|
(8 900)
|
(9 389)
|
(9 636)
|
(8 847)
|
(8 864)
|
(9 207)
|
(9 728)
|
(10 825)
|
(12 118)
|
(13 239)
|
(14 883)
|
(16 617)
|
(18 176)
|
(18 793)
|
(18 515)
|
(18 151)
|
|
Depreciation & Amortization |
(5 683)
|
(7 639)
|
(7 864)
|
(7 770)
|
(7 587)
|
(7 365)
|
(7 176)
|
(7 151)
|
(7 196)
|
(7 661)
|
(7 892)
|
(8 233)
|
(8 487)
|
(8 401)
|
(8 549)
|
(8 613)
|
(8 800)
|
(8 698)
|
(8 323)
|
(7 770)
|
(7 019)
|
(6 780)
|
(6 865)
|
(6 761)
|
(7 229)
|
(6 873)
|
(6 400)
|
(6 067)
|
(5 132)
|
(4 857)
|
(4 589)
|
(4 392)
|
(4 350)
|
(4 262)
|
(4 280)
|
(4 319)
|
(4 629)
|
(5 126)
|
(5 553)
|
(6 015)
|
(6 329)
|
|
Other Operating Expenses |
(16 512)
|
(80)
|
(70)
|
(1 326)
|
(75)
|
(5 046)
|
(34)
|
(57)
|
(90)
|
(7 707)
|
(6 224)
|
(3 434)
|
(108)
|
(115)
|
(112)
|
(122)
|
(114)
|
(107)
|
(115)
|
(104)
|
(453)
|
(732)
|
(767)
|
(993)
|
(885)
|
(317)
|
(259)
|
(11)
|
(73)
|
(51)
|
(92)
|
(72)
|
(155)
|
(109)
|
(120)
|
(172)
|
(202)
|
(237)
|
(242)
|
(271)
|
(269)
|
|
Operating Income |
2 775
N/A
|
1 497
-46%
|
2 411
+61%
|
8 271
+243%
|
14 227
+72%
|
16 761
+18%
|
46 473
+177%
|
64 531
+39%
|
74 720
+16%
|
76 210
+2%
|
68 833
-10%
|
52 593
-24%
|
57 184
+9%
|
51 055
-11%
|
47 593
-7%
|
45 199
-5%
|
44 008
-3%
|
57 256
+30%
|
58 926
+3%
|
71 341
+21%
|
68 862
-3%
|
53 888
-22%
|
50 342
-7%
|
48 951
-3%
|
51 786
+6%
|
52 167
+1%
|
59 273
+14%
|
84 212
+42%
|
108 262
+29%
|
136 045
+26%
|
142 776
+5%
|
115 626
-19%
|
102 997
-11%
|
87 942
-15%
|
90 411
+3%
|
91 488
+1%
|
83 005
-9%
|
70 460
-15%
|
56 677
-20%
|
49 307
-13%
|
49 903
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1 404
|
453
|
(591)
|
1 188
|
2 638
|
2 933
|
4 176
|
4 226
|
3 068
|
3 100
|
2 916
|
2 504
|
4 389
|
4 248
|
5 198
|
5 278
|
3 389
|
3 636
|
4 147
|
4 022
|
5 039
|
7 334
|
7 594
|
9 281
|
8 507
|
7 014
|
7 900
|
6 904
|
8 450
|
11 753
|
11 554
|
14 229
|
16 339
|
15 247
|
16 350
|
21 372
|
20 825
|
22 579
|
23 651
|
19 977
|
21 518
|
|
Non-Reccuring Items |
(44)
|
(188)
|
(1 263)
|
0
|
(5 166)
|
0
|
(5 432)
|
(8 227)
|
(7 620)
|
0
|
0
|
0
|
(937)
|
0
|
0
|
0
|
(1 586)
|
0
|
0
|
0
|
(5 895)
|
0
|
0
|
0
|
(3 397)
|
0
|
0
|
0
|
(944)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
40
|
|
Gain/Loss on Disposition of Assets |
112
|
142
|
112
|
0
|
0
|
0
|
0
|
0
|
(189)
|
0
|
0
|
0
|
(221)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
126
|
0
|
0
|
0
|
251
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
4
|
|
Total Other Income |
538
|
743
|
773
|
689
|
(316)
|
337
|
435
|
(4 895)
|
(4 129)
|
(5 664)
|
(6 466)
|
(1 122)
|
(3 537)
|
(4 861)
|
(4 137)
|
(4 502)
|
(158)
|
(1 060)
|
(1 089)
|
(741)
|
426
|
(5 272)
|
(6 454)
|
(6 506)
|
156
|
(4 091)
|
(2 803)
|
(2 794)
|
178
|
511
|
746
|
788
|
1 445
|
1 442
|
1 334
|
1 933
|
1 461
|
2 650
|
2 460
|
567
|
459
|
|
Pre-Tax Income |
4 783
N/A
|
2 646
-45%
|
1 441
-46%
|
10 148
+604%
|
11 383
+12%
|
20 031
+76%
|
45 651
+128%
|
55 634
+22%
|
65 851
+18%
|
73 646
+12%
|
65 283
-11%
|
53 975
-17%
|
56 877
+5%
|
50 442
-11%
|
48 655
-4%
|
45 975
-6%
|
45 647
-1%
|
59 833
+31%
|
61 985
+4%
|
74 623
+20%
|
68 439
-8%
|
55 951
-18%
|
51 483
-8%
|
51 727
+0%
|
57 048
+10%
|
55 090
-3%
|
64 371
+17%
|
88 323
+37%
|
116 071
+31%
|
148 310
+28%
|
155 076
+5%
|
130 643
-16%
|
121 032
-7%
|
104 631
-14%
|
108 095
+3%
|
114 792
+6%
|
105 314
-8%
|
95 690
-9%
|
82 789
-13%
|
69 852
-16%
|
71 924
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 981)
|
(2 465)
|
(2 531)
|
(3 082)
|
(2 970)
|
(4 641)
|
(5 362)
|
200
|
(5 616)
|
(8 463)
|
(10 564)
|
(17 923)
|
(12 002)
|
(10 532)
|
(9 982)
|
(12 274)
|
(15 685)
|
(20 482)
|
(20 231)
|
(20 319)
|
(18 313)
|
(12 582)
|
(12 981)
|
(13 251)
|
(14 876)
|
(16 070)
|
(18 132)
|
(23 466)
|
(29 815)
|
(37 523)
|
(40 690)
|
(35 827)
|
(34 182)
|
(30 449)
|
(31 705)
|
(34 001)
|
(32 920)
|
(29 328)
|
(23 866)
|
(18 550)
|
(14 356)
|
|
Income from Continuing Operations |
1 804
|
183
|
(1 088)
|
7 068
|
8 413
|
15 392
|
40 292
|
55 836
|
60 235
|
65 184
|
54 719
|
36 052
|
44 876
|
39 910
|
38 673
|
33 701
|
29 962
|
39 351
|
41 754
|
54 304
|
50 125
|
43 368
|
38 501
|
38 475
|
42 171
|
39 020
|
46 239
|
64 858
|
86 257
|
110 788
|
114 387
|
94 816
|
86 851
|
74 182
|
76 390
|
80 791
|
72 394
|
66 362
|
58 923
|
51 301
|
57 569
|
|
Income to Minority Interest |
30
|
28
|
34
|
21
|
(67)
|
(72)
|
(84)
|
(227)
|
252
|
332
|
450
|
665
|
310
|
294
|
218
|
227
|
305
|
329
|
338
|
288
|
217
|
221
|
301
|
394
|
433
|
429
|
354
|
80
|
(57)
|
(193)
|
(254)
|
(58)
|
7
|
69
|
75
|
9
|
(1)
|
(4)
|
1
|
49
|
39
|
|
Net Income (Common) |
1 834
N/A
|
211
-88%
|
(1 054)
N/A
|
7 088
N/A
|
8 347
+18%
|
15 319
+84%
|
40 206
+162%
|
55 608
+38%
|
60 487
+9%
|
65 515
+8%
|
55 169
-16%
|
36 717
-33%
|
45 186
+23%
|
40 203
-11%
|
38 890
-3%
|
33 928
-13%
|
30 267
-11%
|
39 681
+31%
|
42 093
+6%
|
54 592
+30%
|
50 342
-8%
|
43 589
-13%
|
38 802
-11%
|
38 870
+0%
|
42 604
+10%
|
39 449
-7%
|
46 593
+18%
|
64 937
+39%
|
86 200
+33%
|
110 594
+28%
|
114 132
+3%
|
94 756
-17%
|
86 858
-8%
|
74 251
-15%
|
76 465
+3%
|
80 800
+6%
|
72 393
-10%
|
66 357
-8%
|
58 923
-11%
|
51 350
-13%
|
57 608
+12%
|
|
EPS (Diluted) |
59.16
N/A
|
6.8
-89%
|
-34
N/A
|
228.64
N/A
|
269.25
+18%
|
478.71
+78%
|
1 256.43
+162%
|
1 737.75
+38%
|
1 890.21
+9%
|
2 047.34
+8%
|
1 724.03
-16%
|
1 147.4
-33%
|
1 412.06
+23%
|
1 296.87
-8%
|
1 254.51
-3%
|
1 094.45
-13%
|
976.35
-11%
|
1 280.03
+31%
|
1 357.83
+6%
|
1 761.03
+30%
|
1 623.93
-8%
|
1 406.09
-13%
|
1 251.67
-11%
|
1 253.87
+0%
|
1 374.32
+10%
|
1 272.54
-7%
|
1 503
+18%
|
2 094.74
+39%
|
2 780.64
+33%
|
3 567.54
+28%
|
3 739.69
+5%
|
3 127.75
-16%
|
2 861.69
-9%
|
2 479.43
-13%
|
2 568.27
+4%
|
2 742.06
+7%
|
2 440.64
-11%
|
2 251.93
-8%
|
1 999.65
-11%
|
1 742.63
-13%
|
1 955
+12%
|