Kakao Games Full Year 2024 Earnings: Misses Expectations

Simply Wall St

March 23, 2025

Kakao Games (KOSDAQ:293490) Full Year 2024 Results

Key Financial Results

Revenue: ₩627.2b (down 14% from FY 2023).
Net loss: ₩93.7b (loss narrowed by 57% from FY 2023).
₩1,146 loss per share (improved from ₩2,685 loss in FY 2023).

earnings-and-revenue-growth — KOSDAQ:A293490 Earnings and Revenue Growth March 23rd 2025

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

Kakao Games Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea.

Performance of the South Korean Entertainment industry.

The company's share price is broadly unchanged 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. We've done some analysis and you can see our take on Kakao Games' balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.