1. South Korea Stocks

  2. •

    Technology services

  3. •

    Packaged software
Netmarble Corp.

Netmarble Corp.

KKRX:251270
34,000.00
KRW
-450.00
(-1.31%)
4,961.87EPS
7.70P/E
3.06TMarket Cap
Nov 05Next Earn
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
18,256.08
23,450.68
30,586.37
23,771.04
26,300.61
30,385.57
30,605.4
32,628.56
30,533.05
32,517.68
34,595.41
35,440.25
Basic EPS, GAAP
2,051
2,720
3,908
2,230
1,883
3,827
2,933
-9,998
-3,120
313
2,746
4,853.25
Free Cash Flow per Basic Share
3,395.02
1,567.97
5,934.61
2,288.89
3,339.1
1,645.73
440.07
-6,651.83
-1,825.7
2,929.23
3,349.19
3,355.32
Dividend per Share
53.24
60.37
- -
359.87
1.58
- -
1,916.44
640.17
26.51
1.09
503.45
2.28
Book Value per Share
12,504.65
14,359.46
50,934.91
52,178.9
54,472.52
66,079.71
70,683.48
66,649.3
60,774.44
66,102.03
66,268.74
72,865.03
Tangible Book Value per Share
7,220.78
7,983.78
36,384.25
36,439.86
37,540.24
50,293.09
20,656.13
22,758.96
21,367.99
26,495.05
31,384.16
36,340.22
Basic Weighted Avg Shares
59
64
79
85
83
82
82
82
82
82
82
82
Sales/Revenue/Turnover
1,072,921
1,500,016
2,424,755
2,021,273
2,178,678
2,484,765
2,506,906
2,673,408
2,502,056
2,663,783
2,835,074
2,894,498
Operating Margin (%)
21
19.71
21.02
11.99
9.3
10.95
6.02
-4.07
-2.74
8.09
12.43
11.57
Depreciation Expense
22,678
30,597
64,742
80,024
118,163
111,721
150,553
232,384
185,422
154,374
131,484
132,405
Net Income, GAAP
120,538
173,984
309,809
189,619
155,983
312,951
240,244
-819,182
-255,671
25,640
225,033
396,378
Effective Tax Rate (%)
26.32
24.07
23.46
26
22.27
28.78
29.04
- -
- -
95.78
33.32
32.62
Profit Margin (%)
11.23
11.6
12.78
9.38
7.16
12.59
9.58
-30.64
-10.22
0.96
7.94
13.69
Working Capital
252,995
300,246
2,417,145
2,003,621
1,895,544
187,217
-1,093,638
-1,296,648
-1,033,986
-233,423
-644,114
-225,708
LT Debt
- -
- -
- -
85,277
235,083
350,656
739,785
533,932
443,350
1,056,585
424,934
359,822
Total Equity
1,180,703
1,310,354
4,465,269
4,551,536
4,648,341
5,650,596
6,007,659
5,621,808
5,079,045
5,473,860
5,492,483
6,021,776
Return on Invested Capital (%)
- -
16.41
12.93
3.87
3.27
3.28
1.36
- -
- -
0.13
3.26
3.17
Return on Capital (%)
- -
10.67
9.14
3.61
3.12
5.19
3.36
- -
- -
0.75
3.76
6.13
Return on Common Equity (%)
- -
15.29
11.17
4.36
3.53
6.35
4.29
-14.56
-4.9
0.49
4.15
6.97

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,165,657
1,068,995
634,864
LT Borrowings
363,498
223,900
199,400
LT Finance Leases
61,435
62,884
160,422
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
82
82
82
Market Capitalization
3,953,343
4,027,196
3,060,256

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,256,531
1,341,848
1,292,169
Cash, Cash Equivalents & STI
855,945
964,759
874,523
Accounts Receivable, Net
280,634
259,936
297,521
Inventories
1,522
1,505
545
Total Current Liabilities
1,900,645
1,955,186
1,517,877
Payables & Accruals
- -
- -
- -
ST Debt
1,165,657
1,068,995
634,864
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.57%
-0.33%
0.34%
Free Cash Flow
-175.23%
-400.76%
14.38%
Net Income, GAAP
30.11%
26.92%
777.65%
Sales/Revenue/Turnover
12.07%
2.8%
6.43%
Total Cash Common Dividend
- -
- -
46,226.07%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
585,387
782,087
647,311
648,999
2,663,783
2025
623,877
717,641
695,955
797,601
2,835,074
2026
651,727
749,215
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5
2,069
274
-2,024.41
313
2025
922
1,957
457.5
-590.67
2,746
2026
2,559.14
2,443
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.09
2025
- -
- -
2.28
- -
503.45
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Byeong-Gyu Kim
Full Time Employees
795
Sector
Technology services
Industry
Packaged software
Address
Netmarble Building Seoul SL South Korea 08393
IPO Date
May 12, 2017
Website
company.netmarble.com
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Business
Netmarble Corporation (KRX: 251270) develops and publishes mobile, PC and console games worldwide, with a focus on role-playing games (RPGs), strategy titles, action games, casual games, simulation games and social casino games; key products include Marvel Future Fight, Lineage 2: Revolution, Seven Knights and its sequel Seven Knights 2, Seven Deadly Sins: Grand Cross, Ni no Kuni: Cross Worlds, Solo Leveling: Arise, Game of Thrones: Kingsroad, Jackpot World from its SpinX Games subsidiary, and upcoming titles such as RF Project and Shangri-La Frontier. Founded in 2000 and headquartered in Seoul, South Korea, the company operates globally across more than 120 countries through subsidiaries including North American studios Jam City and Kabam, Netmarble Japan, Netmarble Joybomb in Taiwan, Netmarble Thailand and SpinX Games in Hong Kong. Netmarble Neo, Netmarble Monster, Netmarble Nexus and Netmarble F&C serve as primary internal development studios, while major shareholders include founder Bang Jun-hyuk, CJ ENM and Tencent. Recent developments include the 2021 acquisition of SpinX Games for approximately KRW 2 trillion to expand its social casino portfolio, which prompted debt repayment efforts using its HYBE stake; in 2025, the company canceled a planned KRW 2.5 trillion exchangeable bond issuance backed by HYBE shares amid stock volatility from an owner risk scandal, after reducing SpinX-related debt from KRW 1.6 trillion to the mid-KRW 200 billion range, and announced plans for seven new title launches in the second half of 2025 alongside a global release of its dark fantasy MMORPG Raven 2 on October 22.