WemadeLtd Future Growth

Future criteria checks 4/6

WemadeLtd is forecast to grow earnings and revenue by 105.7% and 9.5% per annum respectively. EPS is expected to grow by 116.8% per annum. Return on equity is forecast to be 29% in 3 years.

Key information

105.7%

Earnings growth rate

116.8%

EPS growth rate

Entertainment earnings growth	35.2%
Revenue growth rate	9.5%
Future return on equity	29.0%
Analyst coverage	Low
Last updated	05 Sep 2024

Recent future growth updates

Recent updates

Why We're Not Concerned Yet About Wemade Co.,Ltd.'s (KOSDAQ:112040) 26% Share Price Plunge

Aug 12

We Think WemadeLtd (KOSDAQ:112040) Has A Fair Chunk Of Debt

Jul 01

Wemade Co.,Ltd.'s (KOSDAQ:112040) 32% Cheaper Price Remains In Tune With Revenues

Apr 17

Earnings and Revenue Growth Forecasts

KOSDAQ:A112040 - Analysts future estimates and past financials data (KRW Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	866,150	96,500	119,750	199,275	4
12/31/2025	823,525	93,150	93,250	173,900	4
12/31/2024	730,175	-34,300	-52,450	168,050	4
6/30/2024	684,760	-192,600	-116,544	-122,882	N/A
3/31/2024	672,649	-225,789	-48,252	-45,797	N/A
12/31/2023	605,252	-200,451	5,277	-10,290	N/A
9/30/2023	603,932	-84,686	68,496	49,906	N/A
6/30/2023	476,674	-210,573	-20,965	-41,252	N/A
3/31/2023	426,360	-213,977	-226,522	-86,847	N/A
12/31/2022	463,492	-185,426	-145,683	-37,020	N/A
9/30/2022	474,985	129,569	90,616	9,326	N/A
6/30/2022	430,044	230,778	126,243	45,652	N/A
3/31/2022	389,975	281,613	334,002	67,885	N/A
12/31/2021	334,983	306,690	301,684	94,396	N/A
9/30/2021	255,360	53,700	37,929	32,617	N/A
6/30/2021	215,745	28,362	21,372	14,946	N/A
3/31/2021	171,927	7,233	4,344	19,119	N/A
12/31/2020	126,705	-6,945	-19,235	-14,885	N/A
9/30/2020	103,770	-16,237	-12,270	-10,246	N/A
6/30/2020	108,987	-5,168	-12,005	-10,792	N/A
3/31/2020	117,782	1,542	-31,088	-29,639	N/A
12/31/2019	113,648	-10,004	-43,902	-43,126	N/A
9/30/2019	121,922	-20,664	-53,521	-52,880	N/A
6/30/2019	124,767	-27,032	-53,704	-52,560	N/A
3/31/2019	118,666	-25,171	-83,686	-81,917	N/A
12/31/2018	127,076	-13,228	-43,032	-40,539	N/A
9/30/2018	123,804	14,772	-17,770	-11,480	N/A
6/30/2018	116,402	24,622	-25,500	-22,169	N/A
3/31/2018	110,818	18,883	N/A	15,071	N/A
12/31/2017	109,568	9,737	N/A	-8,782	N/A
9/30/2017	102,726	-3,710	N/A	-17,472	N/A
6/30/2017	106,095	-30,186	N/A	8,717	N/A
3/31/2017	109,823	-41,303	N/A	14,093	N/A
12/31/2016	107,979	-70,955	N/A	9,626	N/A
9/30/2016	117,912	-163,609	N/A	-1,049	N/A
6/30/2016	120,945	-139,792	N/A	-7,119	N/A
3/31/2016	122,953	-134,464	N/A	-7,724	N/A
12/31/2015	126,588	-107,345	N/A	-4,609	N/A
9/30/2015	132,957	220,712	N/A	2,471	N/A
6/30/2015	143,966	216,770	N/A	-1,172	N/A
3/31/2015	158,546	221,100	N/A	-4,113	N/A
12/31/2014	162,687	211,812	N/A	-8,974	N/A
9/30/2014	171,064	-18,857	N/A	-8,318	N/A
6/30/2014	184,033	-20,112	N/A	-5,733	N/A
3/31/2014	207,735	-14,187	N/A	720	N/A
12/31/2013	227,437	134	N/A	15,617	N/A
9/30/2013	215,155	-964	N/A	12,378	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A112040 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: A112040 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: A112040 is expected to become profitable in the next 3 years.

Revenue vs Market: A112040's revenue (9.5% per year) is forecast to grow slower than the KR market (10.4% per year).

High Growth Revenue: A112040's revenue (9.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A112040's Return on Equity is forecast to be high in 3 years time (29%)

WemadeLtd Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 12% to ₩53,250

Price target decreased by 9.9% to ₩57,000

Price target decreased by 9.1% to ₩67,500

Price target increased by 11% to ₩77,250

Price target increased by 8.1% to ₩73,500

Price target increased by 15% to ₩60,000

Recent updates

Second quarter 2024 earnings released: ₩1,535 loss per share (vs ₩871 loss in 2Q 2023)

Why We're Not Concerned Yet About Wemade Co.,Ltd.'s (KOSDAQ:112040) 26% Share Price Plunge

Price target decreased by 12% to ₩53,250

Price target decreased by 9.9% to ₩57,000

Wemade Co.,Ltd. to Report Q2, 2024 Results on Aug 06, 2024

Wemade to Unveil New Business Strategy on WEMIX Day, Shaping the Future of Blockchain Gaming

We Think WemadeLtd (KOSDAQ:112040) Has A Fair Chunk Of Debt

Price target decreased by 9.1% to ₩67,500

Full year 2023 earnings: EPS and revenues miss analyst expectations

Wemade Co.,Ltd.'s (KOSDAQ:112040) 32% Cheaper Price Remains In Tune With Revenues

Wemade Co.,Ltd. to Report Q1, 2024 Results on May 07, 2024

Price target increased by 11% to ₩77,250

Wemade Announces the Launch of Fantastic Baseball

Wemade Co.,Ltd., Annual General Meeting, Mar 29, 2024

New major risk - Share price stability

Price target increased by 8.1% to ₩73,500

Wemade, in Collaboration with MADNGINE, Announces the Official Global Launch of Their Highly Anticipated MMORPG, Night Crows

Wemade Co.,Ltd.'s (KOSDAQ:112040) Share Price Matching Investor Opinion

Full year 2023 earnings released: ₩6,155 loss per share (vs ₩5,569 loss in FY 2022)

New major risk - Revenue and earnings growth

Wemade Announces Multiplayer Strategy Game "RoboHero" Featuring Seamless Integration of Tokens and NFTs to Launch on WEMIX Play

Wemade Co.,Ltd. to Report Q4, 2023 Results on Feb 06, 2024

Upcoming dividend of ₩750 per share at 1.1% yield

New major risk - Share price stability

Price target increased by 15% to ₩60,000

Third quarter 2023 earnings released: EPS: ₩1,133 (vs ₩2,527 loss in 3Q 2022)

Wemade and 2TG Entertainment to Launch New Strategy RPGs on WEMIX PLAY in 2024

Price target decreased by 15% to ₩50,000

Wemade Co.,Ltd. to Report Q3, 2023 Results on Nov 07, 2023

Wemade Launches Drops Nft Auction Service on Wemix Play

Wemade Co., Ltd Launches New Block Explorer 'WEMIX Scan'

Consensus revenue estimates decrease by 19%

Wemade Co.,Ltd. to Report Q2, 2023 Results on Aug 08, 2023

Consensus revenue estimates increase by 23%

Wemade Updates ‘Potential’ in MIR4 to Offer More Growth

Price target decreased by 11% to ₩56,667

Full year 2022 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 34%

Investor sentiment improves as stock rises 19%

Upcoming dividend of ₩650 per share

Wemade Co.,Ltd. Unveils Wekonomy, A New Comprehensive Blockchain Project

Now 20% undervalued after recent price drop

Investor sentiment improved over the past week

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Price target decreased to ₩66,000

Now 22% undervalued after recent price drop

Less than half of directors are independent

Wemade Co.,Ltd. Hosts G-Star 2022 on the Theme of 'Life Is Game' to Showcase 2 New Games and Present the Wemix Ecosystem

Wemade Co.,Ltd. Launches DAO & NFT Platform NILE

Investor sentiment improved over the past week

Wemade Co.,Ltd. announced that it has received KRW 66 billion in funding from Shinhan Asset Management, Microsoft Corporation, Kiwoom Securities Co., Ltd., Investment Arm

Consensus revenue estimates fall by 13%

Wemade and Multichain Team Up to Offer Month-Long Feeless Bridging Experience

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Price target decreased to ₩92,250

Consensus forecasts updated

Consensus EPS estimates fall by 15%

Now 22% undervalued after recent price drop

Wemade Co.,Ltd. to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Consensus EPS estimates fall by 40%

Price target increased to ₩135,667

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Wemade Co.,Ltd. Unveils New Staking Game for MIR4

Price target increased to ₩65,000