WemadeLtd Full Year 2024 Earnings: EPS: ₩2,719 (vs ₩5,992 loss in FY 2023)

WemadeLtd (KOSDAQ:112040) Full Year 2024 Results

Key Financial Results

• Revenue: ₩712.0b (up 18% from FY 2023).
• Net income: ₩91.4b (up from ₩200.5b loss in FY 2023).
• Profit margin: 13% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.
• EPS: ₩2,719 (up from ₩5,992 loss in FY 2023).

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

WemadeLtd Earnings Insights

Looking ahead, revenue is forecast to grow 11% 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 6.2% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on WemadeLtd's balance sheet health.

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