Slide 1: 3Q25 Earnings Release
3Q25 Earnings Release Nov 7, 2025 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 3Q25 2Q25 QoQ 3Q24 YoY Revenue 43,833 39,111 12% 49,160 -11% Game Sales 43,804 39,051 12% 49,071 -11% Others 29 60 -52% 89 -67% Operating Expenses 36,201 32,938 10% 39,533 -8% Operating Profit 7,633 6,173 24% 9,626 -21% Income before
Slide 5: Result Analysis (Consolidated)
Result Analysis (Consolidated) Revenue 43.8b (QoQ +12%, YoY -11%) Operating Profit 7.6b (QoQ +24%, YoY -21%) Net Income 8.8b (QoQ +30%, YoY -13%) (Unit : KRW million) QoQ YoY Revenue Operating Profit Net Income Revenue Operating Profit Net Income 43,833 49,160 39,111 43,833 7,633 8,755 8,755 9,626 1
Slide 6: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) MU 27.1b (QoQ +4%, YoY -22%) R2 4.1b (QoQ +30%, YoY -17%) Metin2 8.5b (QoQ +44%, YoY +39%) Shot Online 0.8b (QoQ -23%, YoY -25%) breakdown MU R2 Metin2 Shot Online Others (Unit : KRW million) 5% 3Q25 2Q25 3Q24 7% 2% 7% Total 43,804 39,051 49,071 2% 10% 12% 3% MU 27,094
Slide 7: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) Domestic 19.9b (QoQ +3%, YoY -36%) Overseas 23.9b (QoQ +21%, YoY +31%) Portion of Overseas QoQ +4%p, YoY +18%p breakdown Domestic Overseas 37% (Unit : KRW million) 55% 3Q25 2Q25 3Q24 51% Total 43,804 39,051 49,071 63% Domestic 19,874 19,303 30,860 45% 49% Overseas 23,9
Slide 8: Expenses Breakdown (Consolidated)
Expenses Breakdown (Consolidated) Operating Expenses 36.2b (QoQ +10%, YoY -8%) - Fees 11.4b (QoQ +7%, YoY -34%) - Labor 17.5b (QoQ +2%, YoY +3%) - Marketing 3.2b (QoQ +288%, YoY +86%) breakdown (Unit : KRW million) Fees Labor Marketing D&A Network Taxes & Dues Others 3Q25 2Q25 3Q24 1% Total 36,201 3
Slide 9: Summary of F/S (Consolidated)
Summary of F/S (Consolidated) (Unit : KRW million) BS 2025.09.30 2024.12.31 Current Assets 362,378 482,311 Non-Current Assets 391,967 268,612 Total Assets 754,345 750,923 Current Liabilities 65,909 68,602 Non-Current Liabilities 11,750 9,686 Total Liabilities 77,658 78,288 Contributed Equity 17,655
Slide 10: Summary of F/S (Consolidated)
Summary of F/S (Consolidated) (Unit : KRW million) IS 3Q25 2Q25 3Q24 Revenue 43,833 39,111 49,160 Game Sales 43,804 39,051 49,071 Others 29 60 89 Operating Expenses 36,201 32,938 39,533 Operating Profit 7,633 6,173 9,626 Profit (loss) before tax 11,058 8,639 14,095 Corporate Tax 2,303 1,899 4,028 Ne
Slide 11: Thank you
| Thank you