Webzen Inc. · KRX:069080
Webzen — H1 2016 Earnings Presentation
17 slides from Webzen's earnings presentation, Aug 5, 2016
Slide 1: 1H16 Earnings Release
Investor relations 1H16 Earnings Release 2016.08.05 Webzen Inc.
Slide 2: Disclaimer
A Global Contents Company loved by customers Disclaimer Some contents may reflect forward-looking statements and have been prepared based on the expectations according to the dates on which these statements were made. There can be no assurance that the forward-looking statements used by WEBZEN are c
Slide 3: Consolidated Corporations
Consolidated Corporations A Global Contents Company loved by customers The followings are the subsidiaries of Webzen Inc. WEBZEN&PLAY Inc. WEBZENONNET CO., LTD. OnNet USA Inc. OnNet Europe GmbH. 9Webzen Ltd. WEBZEN Webzen Taiwan Inc. Webzen America Inc. Webzen West, Inc. Webzen Dublin Ltd. TheSarang
Slide 4: Summary of Financial Results
Summary of Financial Results A Global Contents Company loved by customers [Consolidated] (Unit : KRW million) 1H2016 1H2015 YoY G/R Revenue 113,918 91,927 21,992 23.9% Revenue 113,873 91,794 22,079 24.1% on Game Services Other Revenue 45 133 (88) -66.1% Operating Expenses 82,224 60,481 21,742 35.9%
Slide 5: Result Analysis (Consolidated)
Result Analysis (Consolidated) A Global Contents Company loved by customers ▹ Revenue 113.9b (YoY ↑ 24%) ▹ Operating Profit 31.7b (YoY ↑ 1%) ▹ Net Income 23.6b (YoY ↓ 19%) YoY (Consolidated) Revenue OP NI 113,918 (Unit : KRW million) 91,927 1H16 1H15 YoY Revenue 113,918 91,927 23.9% 31,695 31,446 Op
Slide 6: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Total Revenue on Game Services 113.9b (YoY ↑ 24%) ▹ MU 94.6b (YoY ↑24%) , R2 4.2b (YoY ↓ 7%) ▹ Metin2 3.0b (YoY ↓8%) , Webzen.com 2.8b (YoY ↓ 26%) Sales breakdown (by products) MU R2 Shot Online Metin2 webzen.com Others (U
Slide 7: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Domestic Sales : 87.0b (YoY ↑45%) ▹ Overseas Sales : 26.8b (YoY ↓15%) ▹ Portion of Domestic : YoY ↑11%P Sales breakdown (by markets) 24% (Unit : KRW million) 35% 1H16 1H15 YoY Overseas Total 113,873 91,794 24% Domestic 76%
Slide 8: Expenses Breakdown (Consolidated)
Expenses Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Operating Expenses 82.2b (YoY ↑36%) ▹ Commission 47.6b (YoY ↑48%) ▹ Labor 21.4b (YoY ↑47%) ▹ Marketing 6.6b (YoY ↓25%) Expenses Breakdown (by nature) Commission Labor Marketing (Unit : KRW million) Depreciation Communic
Slide 9: 2Q16 Result Analysis
A Global Contents Company loved by customers 2Q16 Result Analysis
Slide 10: Summary of Financial Results
Summary of Financial Results 고객에게 A Global 사랑 Company Contents 받는 세계적인 게임 loved by컨텐츠 기업 customers (Unit : KRW million) 2Q16 1Q16 QoQ 2Q15 YoY Revenue 53,873 60,046 -10.3% 71,295 -24.4% Revenue on Online- 53,867 60,006 -10.2% 71,231 -24.4% Game Service Other Revenue 6 39 -84.6% 65 -90.8% Operating E
Slide 11: Result Analysis (Consolidated)
Result Analysis (Consolidated) A Global Contents Company loved by customers ▹ Revenue 53.9b (QoQ ↓ 10% , YoY ↓ 24%) ▹ Operating Profit 14.7b (QoQ ↓ 14% , YoY ↓ 38%) ▹ Net Income 11.3b (QoQ ↓ 9% , YoY ↓ 47%) QoQ YoY (Unit : KRW million) Revenue OP NI Revenue OP NI 71,295 60,046 53,873 53,873 23,522 2
Slide 12: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Total Revenue on Game Services 53.9b (QoQ ↓ 10% , YoY ↓ 24%) ▹ MU 44.6b (QoQ ↓ 11% , YoY ↓ 31%) , R2 2.0b (QoQ ↓ 12% , YoY ↓ 16%) ▹ Metin2 1.5b (QoQ ↓ 6% , YoY ↑ 15%) , Webzen.com 1.3b (QoQ ↓ 17% , YoY ↓ 25%) Sales breakdo
Slide 13: Sales Breakdown (Consolidated)
Sales Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Domestic Sales : 40.8b (QoQ ↓ 12% , YoY ↓ 26%) ▹ Overseas Sales : 13.0b (QoQ ↓ 6% , YoY ↓19%) ▹ Portion of Domestic : QoQ ↓ 1%P , YoY ↓ 1%P Sales breakdown (by markets) 23% (Unit : KRW million) 23% 2Q16 1Q16 2Q15 24% Overs
Slide 14: Expenses Breakdown (Consolidated)
Expenses Breakdown (Consolidated) A Global Contents Company loved by customers ▹ Operating Expenses 39.2b (QoQ ↓ 9% , YoY ↓ 18%) ▹ Commission 22.0b (QoQ ↓ 14% , YoY ↓ 25%) ▹ Labor 10.3b (QoQ ↓ 7% , YoY ↑39%) ▹ Marketing 3.8b (QoQ ↑ 35% , YoY ↓55%) Expenses Breakdown (by nature) Commission Labor Mark
Slide 15: Summary of F/S (Consolidated)
Summary of F/S(Consolidated) 고객에게 A Global 사랑 Company Contents 받는 세계적인 게임 loved by컨텐츠 기업 customers (Unit : KRW million) 2016.06.30 2015.12.31 Current Assets 177,507 171,985 Non-Current Assets 108,160 105,676 Total Assets 285,667 277,662 Current Liabilities 50,358 67,864 Non-Current Liabilities 10,28
Slide 16: Summary of F/S (Consolidated)
Summary of F/S(Consolidated) 고객에게 A Global 사랑 Company Contents 받는 세계적인 게임 loved by컨텐츠 기업 customers (Unit : KRW million) FY2016 FY2015 2Q16 1H16 2Q15 1H15 Revenue 53,873 113,918 71,295 91,927 Revenue on Online-Game Service 53,867 113,873 71,231 91,794 Other Revenue 6 45 65 133 Operating Expense 39,21
Slide 17: Thank you
A Global Contents Company loved by customers Thank you