Mr. Blue Corp.

Mr. Blue Corp.

KKRX:207760
1,970.00
KRW
-40.00
(-1.99%)
-768.90EPS
36.66BMarket Cap
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
1,526.4
1,763.33
1,727.26
2,086.49
2,136.56
4,376.93
5,566.72
1,381.92
5,194.02
4,952.91
4,354.74
4,090.12
4,043.86
Basic EPS, GAAP
330
-625
281.67
193.33
190
825
845
151.67
210
-750
-1,030
-1,125
-769.42
Free Cash Flow per Basic Share
124.41
-589.01
-507.49
74.57
313.8
1,027.93
1,087.93
174.68
408.78
-289.32
-542.76
137.44
195.03
Dividend per Share
- -
- -
- -
41.55
24.85
33.39
41.79
19.05
41.67
49.9
- -
- -
- -
Book Value per Share
2,548.7
1,574.12
1,842.33
2,000.69
2,194.09
2,950.37
3,675.65
4,390.81
4,561.69
3,726.56
3,560.13
2,450.57
2,692.19
Tangible Book Value per Share
1,976.14
1,273.1
997.34
1,088.23
1,288.18
2,026.22
2,903.14
3,727.16
1,052.15
760.8
1,528.11
1,980.76
2,225.48
Basic Weighted Avg Shares
9
10
14
14
14
15
14
44
15
15
16
16
16
Sales/Revenue/Turnover
13,735
17,091
24,032
30,161
30,977
63,889
80,688
61,455
77,157
74,126
70,342
67,463
66,692
Operating Margin (%)
25.81
21.56
19.63
12.01
12.76
21.7
17.84
11.01
9.64
0.94
-19.27
-3.61
0.59
Depreciation Expense
64
165
645
1,021
1,165
2,191
3,382
2,707
2,628
4,612
6,468
3,970
3,293
Net Income, GAAP
2,969
-6,058
3,919
2,795
2,755
12,042
12,248
6,745
3,120
-11,225
-16,638
-18,556
-12,689
Effective Tax Rate (%)
18.8
- -
16.62
18.44
18.65
15.04
14.95
9.83
24.34
- -
- -
- -
- -
Profit Margin (%)
21.62
-35.44
16.31
9.27
8.89
18.85
15.18
10.98
4.04
-15.14
-23.65
-27.51
-19.03
Working Capital
4,942
9,660
6,260
7,857
11,445
20,922
30,784
44,252
7,339
1,764
11,022
18,723
23,076
LT Debt
1,097
- -
- -
- -
- -
81
- -
209
6,128
4,796
3,924
1,692
1,047
Total Equity
8,411
21,403
26,624
29,251
32,093
42,906
53,376
65,340
68,250
55,616
58,693
40,409
44,394
Return on Invested Capital (%)
- -
- -
13.69
9.42
9.22
26.17
22.31
9.79
6.99
- -
- -
- -
- -
Return on Capital (%)
- -
- -
13.86
8.19
8.13
28.21
23.52
11.13
5.22
- -
- -
- -
- -
Return on Common Equity (%)
- -
-40.64
16.34
10.09
9.04
32.13
25.45
11.37
4.68
-18.16
-29.15
-37.47
-23.82

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,461
7,362
3,514
LT Borrowings
- -
- -
- -
LT Finance Leases
1,692
1,360
1,047
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
102,897
81,313
36,661

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
42,266
44,882
40,217
Cash, Cash Equivalents & STI
28,178
29,718
25,323
Accounts Receivable, Net
5,563
6,380
5,846
Inventories
324
287
317
Total Current Liabilities
23,543
24,191
17,141
Payables & Accruals
- -
- -
- -
ST Debt
7,461
7,362
3,514
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.48%
-3.45%
-31.15%
Free Cash Flow
19.81%
-53.45%
-125.86%
Net Income, GAAP
-35.47%
-99.75%
11.53%
Sales/Revenue/Turnover
18.99%
-2.28%
-4.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,711
16,160
19,466
19,005
70,342
2025
17,054
16,437
17,466
16,506
67,463
2026
16,421
16,298
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-100
-60
-310
-554.24
-1,030
2025
375
-505
4.93
-1,002.11
-1,125
2026
86.52
140
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Seung-Jin Cho
Full Time Employees
108
Sector
Technology services
Industry
Packaged software
Address
Seoul South Korea
IPO Date
Dec 12, 2014
Business
Mr. Blue Corp. is a South Korea-based digital entertainment and media company primarily engaged in the development, operation, and distribution of digital comics, webtoons, web novels, and mobile and online video games. Founded in 2002 and headquartered in Seoul, South Korea, the company operates across three core business segments: Digital Comics and Webtoon Platform, Content Publishing and Intellectual Property Licensing, and Game Development and Publishing. Mr. Blue Corp. distributes its content and gaming services directly to consumers as well as through business-to-business licensing arrangements across South Korea and international markets, including Japan, Greater China, Southeast Asia, North America, and Europe. The company provides a comprehensive portfolio of digital media and interactive entertainment products and services, including: proprietary digital comic and webtoon platform services operated via the Mr. Blue web portal and mobile application; digital content subscription, microtransaction, and pay-per-view viewing services; in-house intellectual property creation and webtoon production across multiple genres, with specialized market dominance in traditional Korean martial arts manhwa, fantasy, modern romance, thriller, and boys' love content; digital web novel publishing and author management services conducted through its publishing subsidiaries Donga Media Co., Ltd. and Video Town; third-party content syndication and B2B digital content supply to domestic platforms such as Naver Webtoon, KakaoPage, and Ridi; global intellectual property licensing, translation, and overseas distribution through international platforms such as Piccoma, Line Manga, Tapas, and Tappytoon; and mobile and PC online game development and publishing conducted through its gaming subsidiary, Blue Potion Games Co., Ltd., comprising massively multiplayer online role-playing games, live-service game operations, in-game virtual item monetization, and international game publishing rights for titles including EOS Online, EOS RED, and EOS BLACK. In recent strategic developments, Mr. Blue Corp. expanded its interactive entertainment portfolio through subsidiary Blue Potion Games with the commercial launch and live-service rollout of EOS BLACK, a hardcore mobile MMORPG designed to bolster recurring gaming revenues alongside its flagship title EOS RED. The company also completed the strategic integration and operational alignment of its acquired web novel publishing subsidiaries, Donga Media and Video Town, establishing an integrated content value chain that connects original web novel sourcing directly to webtoon adaptations and secondary media exploitation. Furthermore, Mr. Blue Corp. has accelerated its global expansion initiatives by deepening licensing partnerships with overseas digital distribution platforms across Asian and Western markets, while integrating digital production tools and localization workflows to enhance the cross-border distribution efficiency of its proprietary intellectual property library.