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Me 2 On Co Ltd
KOSDAQ:201490

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Me 2 On Co Ltd
KOSDAQ:201490
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Price: 3 710 KRW -4.26%
Market Cap: ₩120.9B

Gross Margin

50.2%
Current
Declining
by 4.6%
vs 3-y average of 54.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
50.2%
=
Gross Profit
₩45.3B
/
Revenue
₩90.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
50.2%
=
Gross Profit
₩45.3B
/
Revenue
₩90.2B

Peer Comparison

Country Company Market Cap Gross
Margin
KR
Me 2 On Co Ltd
KOSDAQ:201490
112.7B KRW
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US
Las Vegas Sands Corp
NYSE:LVS
37.1B USD
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HK
Galaxy Entertainment Group Ltd
HKEX:27
182.3B HKD
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IE
Flutter Entertainment PLC
LSE:FLTR
15.5B GBP
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AU
Aristocrat Leisure Ltd
ASX:ALL
29B AUD
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MO
Sands China Ltd
HKEX:1928
145B HKD
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SE
Evolution AB (publ)
STO:EVO
107.2B SEK
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US
Wynn Resorts Ltd
NASDAQ:WYNN
11.2B USD
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US
DraftKings Inc
NASDAQ:DKNG
11.3B USD
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ZA
Sun International Ltd
JSE:SUI
10.2B ZAR
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US
Scientific Games Corp
F:TJW
7.8B EUR
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Market Distribution

Higher than 85% of companies in Korea
Percentile
85th
Based on 2 511 companies
85th percentile
50.2%
Low
-646.5% — 12.8%
Typical Range
12.8% — 32.2%
High
32.2% — 54 001.3%
Distribution Statistics
Korea
Min -646.5%
30th Percentile 12.8%
Median 19.7%
70th Percentile 32.2%
Max 54 001.3%

Me 2 On Co Ltd
Glance View

ME2ON Co., Ltd. engages in the development and publishing of online games. The company is headquartered in Seoul, Seoul. The company went IPO on 2016-10-10. Along with subsidiaries, the Company operates its business through two segments. The Game Business segment is engaged in the development and provision of mobile, web and online games. The game is provided under the name of Fulpot Poker, Full House Casino and Play Vegas. The Advertising Business segment is engaged in the provision of online advertising services. The firm distributes its products within the domestic market and to overseas markets.

Intrinsic Value
2 225.96 KRW
Overvaluation 40%
Intrinsic Value
Price
M
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
50.2%
=
Gross Profit
₩45.3B
/
Revenue
₩90.2B
What is Me 2 On Co Ltd's current Gross Margin?

The current Gross Margin for Me 2 On Co Ltd is 50.2%, which is below its 3-year median of 54.8%.

How has Gross Margin changed over time?

Over the last 3 years, Me 2 On Co Ltd’s Gross Margin has decreased from 64.8% to 50.2%. During this period, it reached a low of 49.8% on Jun 30, 2025 and a high of 64.9% on Dec 31, 2022.

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