KidariStudio, Inc.

KidariStudio, Inc.

KKRX:020120
4,075.00
KRW
-150.00
(-3.55%)
335.24EPS
9.90P/E
122.87BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,522.66
1,509.09
1,900
933.91
937.24
1,299.65
1,380.02
2,568.35
3,827.26
4,680.6
4,624.27
5,533.21
5,871.94
6,531.9
Basic EPS, GAAP
47
234
594.21
-418
-147.02
10
139
3
114
-78
-934
-205
179
334.92
Free Cash Flow per Basic Share
-10.37
155.5
-134.87
-221.88
-21.82
-129.56
13.11
168.62
393.26
55.74
-59.4
364.47
325.47
498.79
Dividend per Share
- -
- -
29.91
20.1
- -
- -
- -
- -
- -
- -
49.97
- -
- -
- -
Book Value per Share
1,029.35
1,373.46
2,032.13
1,126.44
1,041.45
1,046.54
1,212.62
1,469.09
6,418.6
7,337.55
5,625.99
5,383.27
5,484.82
5,576.46
Tangible Book Value per Share
955.83
1,033.29
1,726.26
970.25
776.45
795.62
488.31
778.52
1,391.72
2,662.1
1,608.76
1,429.88
1,436.3
1,510.01
Basic Weighted Avg Shares
15
15
15
15
15
15
19
18
31
36
37
37
37
37
Sales/Revenue/Turnover
22,200
22,363
28,306
13,909
14,287
19,623
26,738
45,507
119,118
169,434
171,042
205,213
217,475
240,235
Operating Margin (%)
4.62
8.83
1.69
6.49
-3.47
1.36
2.63
10.08
5.81
2.52
-3.36
1.1
5.72
7.91
Depreciation Expense
525
803
896
541
421
389
1,037
1,609
5,380
6,870
11,568
16,218
9,494
12,347
Net Income, GAAP
685
3,468
8,852
-6,225
-2,241
151
2,693
53
3,548
-2,824
-34,547
-7,603
6,630
12,318
Effective Tax Rate (%)
1.35
- -
3.78
81.51
- -
39.09
- -
48.74
18.73
- -
- -
- -
37.11
31.25
Profit Margin (%)
3.09
15.51
31.27
-44.76
-15.69
0.77
10.07
0.12
2.98
-1.67
-20.2
-3.7
3.05
5.13
Working Capital
5,033
5,093
6,803
8,158
6,010
5,200
14,075
5,031
15,073
54,581
38,799
15,249
3,681
11,634
LT Debt
2,833
500
500
- -
- -
- -
9,432
731
545
25,258
22,556
19,358
15,601
13,712
Total Equity
15,076
22,847
30,343
16,781
16,489
16,569
20,969
27,191
222,771
274,624
208,685
200,090
203,453
206,932
Return on Invested Capital (%)
5.21
- -
1.54
0.65
- -
0.91
- -
6.59
3.97
- -
- -
- -
3.22
5.34
Return on Capital (%)
4.56
- -
29.77
-24.51
- -
0.86
- -
1.07
2.77
- -
- -
- -
3.63
5.72
Return on Common Equity (%)
4.58
19.51
34.9
-26.46
-13.47
0.91
14.5
0.22
2.84
-1.14
-14.41
-3.73
3.29
6.04

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21,618
21,646
21,696
LT Borrowings
- -
- -
- -
LT Finance Leases
15,601
14,658
13,712
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
125,831
114,342
122,866

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
121,921
128,942
133,990
Cash, Cash Equivalents & STI
62,405
66,810
68,639
Accounts Receivable, Net
19,482
18,796
20,520
Inventories
4,473
4,392
4,856
Total Current Liabilities
118,239
120,901
122,356
Payables & Accruals
- -
- -
- -
ST Debt
21,618
21,646
21,696
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
72.64%
143.22%
1.68%
Free Cash Flow
71.74%
-141.75%
-10.82%
Net Income, GAAP
849.84%
1,450.75%
-187.2%
Sales/Revenue/Turnover
32.66%
46.18%
5.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49,364
49,773
50,267
55,810
205,213
2025
48,245
51,767
52,751
64,712
217,475
2026
58,345
64,427
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-20
-32
-5
-148.49
-205
2025
52
17
86.57
23.16
179
2026
169.31
55
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Heungbeom Heo
Full Time Employees
281
Sector
Technology services
Industry
Information technology services
Address
273-50, Seongsu 2-ga Seoul SL South Korea
IPO Date
Jul 3, 1996
Business
KidariStudio, Inc. is a South Korean media content company primarily engaged in the development and distribution of digital media content including webtoons, web novels, video content, and merchandising (MD) products. The company operates through core business divisions comprising Webtoon, Web Novel, MD, and Video. Its key products include e-books focused on romance and martial arts genres; e-learning services; and webtoon platforms such as Bomtoon, which targets adult female readers, Lezhin Comics, which caters to adult audiences, and Delitoon, which serves a French-speaking market. The video segment covers video production and copyright distribution services. KidariStudio also leverages merchandising by producing and selling goods based on its webtoon intellectual properties. The company was founded in 1987 and is headquartered in Seoul, South Korea, operating as a subsidiary of Daou Data Corp. In recent developments, KidariStudio has strengthened its global presence and digital content innovation through strategic alliances and investments. Notably, in 2023, it made a strategic investment in Maro Studio, a company specializing in 3D digital content and virtual character production, aiming to integrate webtoon IP with virtual content for the metaverse market. In 2024, KidariStudio partnered with Manga Arabia to co-produce and translate its webtoon content for the Arabic-speaking market, enhancing its international distribution network. Additionally, it is collaborating with Japanese companies such as Maho Film and Kadokawa to adapt its popular webtoon “Surgeon Elise” into a 12-part animated series set for global streaming in 2024. The company also engages in co-productions and content exchanges with Japanese entertainment subsidiaries like Gigatoon Studio to expand its global footprint. KidariStudio primarily generates revenue through the microtransaction model on its platforms, where users purchase virtual currency to access premium serialized content, creating a direct consumer-to-content monetization channel. It focuses on expanding monthly active users and increasing average revenue per user, particularly in international markets. KidariStudio’s operations extend beyond South Korea into overseas markets, targeting digital content consumers worldwide with localized platforms. The company’s recent financial performance reflects growth in webtoon revenue, supported by increased international sales and content diversification. KidariStudio's comprehensive media content offerings and strategic global partnerships position it as a significant player in the digital entertainment and publishing sectors. KidariStudio continues to innovate by launching new titles and expanding merchandising around its content franchises, reflecting a strategic emphasis on integrated content and product ecosystem growth. The company reported a strong increase in operating profits in late 2025, underscoring the success of these initiatives in driving business expansion and profitability. Founded in 1987 and headquartered in Seoul, South Korea, KidariStudio, Inc. operates as a digital media content developer, publisher, and distributor with a growing global presence and a strategic focus on virtual content, international collaborations, and diversified revenue streams within the interactive media industry.