Kakao Games Third Quarter 2024 Earnings: ₩48.92 loss per share (vs ₩36.69 profit in 3Q 2023)

Kakao Games (KOSDAQ:293490) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₩193.9b (down 27% from 3Q 2023).
• Net loss: ₩4.00b (down by 234% from ₩3.00b profit in 3Q 2023).
• ₩48.92 loss per share (down from ₩36.69 profit in 3Q 2023).

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

Kakao Games Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Entertainment industry in South Korea.

Performance of the South Korean Entertainment industry.

The company's shares are down 7.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Kakao Games' balance sheet health.

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