Slide 1: 3Q24 Earnings Release
3Q24 Earnings Release Nov 7, 2024 WEBZEN Inc.
Slide 2: Disclaimer
Disclaimer Some contents may reflect forward-looking statements and have been prepared based on the expectations according to the data on which these statements were made. There can be no assurance that the forward-looking statements used by WEBZEN are correct as results can differ from expectations
Slide 3: Consolidated Corporations
Consolidated Corporations The followings are the subsidiaries of WEBZEN Inc. WEBZEN ONNET Co., Ltd ONNET Europe GmbH. WEBZEN Taiwan Inc. WEBZEN West, Inc. WEBZEN Dublin Ltd. WEBZEN Japan Inc. WEBZEN Red Star Inc. WEBZEN Mega Stone Inc. WEBZEN Redcore Inc. WEBZEN Inc. WEBZEN Cube Inc. WEBZEN Appletre
Slide 4: Summary of earnings changes
Summary of earnings changes [Consolidated] (Unit : KRW million) IS 3Q24 2Q24 QoQ 3Q23 YoY Revenue 49,160 48,047 2% 40,355 22% Game Sales 49,071 47,933 2% 40,329 22% Others 89 114 -22% 27 233% Operating Expenses 39,533 36,244 9% 30,309 30% Operating Profit 9,626 11,802 -18% 10,046 -4% Income before T
Slide 5: Result Analysis (Consolidated)
Result Analysis (Consolidated) Revenue 49.2b (QoQ +2%, YoY +22%) Operating Profit 9.6b (QoQ -18%, YoY -4%) Net Income 10.1b (QoQ -28%, YoY -10%) (Unit : KRW million) QoQ YoY Revenue Operating Profit Net Income Revenue Operating Profit Net Income 49,160 48,047 49,160 40,355 13,919 10,067 11,802 10,06
Slide 6: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) MU 34.6b (QoQ +9%, YoY +52%) R2 4.9b (QoQ -11%, YoY -45%) Metin2 6.1b (QoQ +2%, YoY +20%) Shot Online 1.1b (QoQ -20%, YoY -12%) breakdown MU R2 Metin2 Shot Online Others (Unit : KRW million) 5% 7% 3Q24 2Q24 3Q23 2% 3% 6% Total 12% 49,071 47,933 40,329 13% 10% 3% 12% 13
Slide 7: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) Domestic 30.9b (QoQ +5%, YoY +57%) Overseas 18.2b (QoQ -2%, YoY -12%) Portion of Domestic QoQ +2%p, YoY +14%p breakdown Domestic Overseas 37% 39% (Unit : KRW million) 51% 3Q24 2Q24 3Q23 Total 49,071 47,933 40,329 63% 61% Domestic 30,860 29,262 19,654 49% Overseas 18,21
Slide 8: Expenses Breakdown (Consolidated)
Expenses Breakdown (Consolidated) Operating Expenses 39.5b (QoQ +9%, YoY +30%) - Fees 17.3b (QoQ +7%, YoY +60%) - Labor 17.0b (QoQ +4%, YoY +12%) - Marketing 1.7b (QoQ +213%, YoY +72%) breakdown (Unit : KRW million) Fees Labor Marketing D&A Network Taxes & Dues Others 3Q24 2Q24 3Q23 Total 39,533 36,
Slide 9: Summary of F/S (Consolidated)
Summary of F/S (Consolidated) (Unit : KRW million) BS 2024.09.30 2023.12.31 Current Assets 486,131 382,363 Non-Current Assets 251,987 320,700 Total Assets 738,118 703,064 Current Liabilities 70,379 72,676 Non-Current Liabilities 7,033 6,489 Total Liabilities 77,411 79,165 Contributed Equity 17,655 1
Slide 10: Summary of F/S (Consolidated)
Summary of F/S (Consolidated) (Unit : KRW million) IS 3Q24 2Q24 3Q23 Revenue 49,160 48,047 40,355 Game Sales 49,071 47,933 40,329 Others 89 114 27 Operating Expenses 39,533 36,244 30,309 Operating Profit 9,626 11,802 10,046 Profit (loss) before tax 14,095 18,512 14,456 Corporate Tax 4,028 4,593 3,26
Slide 11: Thank you
| Thank you