Daewon Media Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Daewon Media (KOSDAQ:048910) Full Year 2024 Results

Key Financial Results

• Revenue: ₩256.4b (down 19% from FY 2023).
• Net loss: ₩1.57b (down by 125% from ₩6.21b profit in FY 2023).
• ₩130 loss per share (down from ₩514 profit in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Daewon Media EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 44%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in South Korea.

Performance of the South Korean Entertainment industry.

The company's shares are up 8.2% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Daewon Media that you should be aware of before investing here.

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