Slide 1: FY2019 Earnings Release
FY2019 Earnings Release 2020.02.06 Webzen Inc.
Slide 2: Forward-looking statements disclaimer
Some contents may reflect forward-looking statements and have been prepared based on the expectations according to the dates 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. Therefor
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 America, Inc. WEBZEN West, Inc. WEBZEN Dublin Ltd. WEBZEN Inc. WEBZEN Japan Inc. WEBZEN Cherryhill Inc. WEBZEN A.Peak Games Inc. WEBZEN Redcore Inc. WEBZEN
Slide 4: Summary of Financial Results
Summary of Financial Results [Consolidated] (Unit : KRW million) 구 분 FY2019 FY2018 YoY % Revenue 176,052 218,877 (42,825) -20% Game Sales 175,957 218,230 (42,273) -19% Others 95 647 (552) -85% Operating Expenses 124,266 150,015 (25,749) -17% Operating Profit 51,786 68,862 (17,076) -25% Income before
Slide 5: Result Analysis (Consolidated)
Result Analysis(Consolidated) ▪ Revenue 176.1b (YoY ↓20%) ▪ Operating Profit 51.8b (YoY ↓25%) ▪ Net Income 42.2b (YoY ↓16%) YoY (Consolidated) Revenue Operating Profit Net Income 218,877 176,052 (Unit : KRW million) FY2019 FY2018 Revenue 176,052 218,877 68,862 51,786 50,125 Operating Profit 51,786 6
Slide 6: Sales Breakdown (Consolidated)
Sales Breakdown(Consolidated) ▪ MU 134.1b (YoY ↓25%) ▪ R2 9.8b (YoY ↑34%) ▪ ShotOnline 5.6b (YoY ↓12%) ▪ Metin2 7.9b (YoY ↓5%) Sales breakdown MU R2 ShotOnline Metin2 Webzen.com Others (Unit : KRW million) FY2019 FY2018 Total 175,957 218,230 2% 7% MU(*) 134,118 177,849 2% 4% 3% 8% 3% R2 9,824 7,306
Slide 7: Sales Breakdown (Consolidated)
Sales Breakdown(Consolidated) ▪ Domestic Sales 90.1b (YoY ↓30%) ▪ Overseas Sales 85.8b (YoY ↓3%) ▪ Portion of Overseas YoY ↑8%P Sales breakdown Domestic Overseas (Unit : KRW million) 41% FY2019 FY2018 49% Total 175,957 218,230 59% Domestic 90,108 129,373 51% Overseas 85,849 88,857 FY2019 FY2018 7
Slide 8: Expenses Breakdown (Consolidated)
Expenses Breakdown(Consolidated) ▪ Operating Expenses 124.3b (YoY ↓17%) - Fees 49.6b (YoY ↓31%) - Labor tendencies 47.8b (YoY ↓ 1%) - Marketing 10.5b (YoY ↓21%) Expenses Breakdown Fees Labor Marketing D&A (Unit : KRW million) Network Taxes & Dues Others FY2019 FY2018 Total 124,266 150,015 2% 3% Fees
Slide 9: Summary of F/S (Consolidated)
Summary of F/S(Consolidated) (Unit : KRW million) B/S 2019.12.31 2018.12.31 Current Assets 238,374 283,700 Non-Current Assets 175,588 113,089 Total Assets 413,962 396,789 Current Liabilities 42,305 67,896 Non-Current Liabilities 16,042 14,955 Total Liabilities 58,348 82,851 Contributed Equity 17,655
Slide 10: Summary of F/S (Consolidated)
Summary of F/S(Consolidated) (Unit : KRW million) I/S FY2019 FY2018 Revenue 176,052 218,877 Game Sales 175,957 218,230 Others 95 647 Operating Expenses 124,266 150,015 Operating Profit 51,786 68,862 Profit (loss) before tax 57,048 68,439 Corporate Tax 14,876 18,313 Net Income 42,171 50,125 Other Com
Slide 11: Thank you
| Thank you