Nov 07, 2024 / 07:00AM GMT
Dong Hwan Kim - Netmarble Corp - IR Contact Officer
Greetings. I'm Dong Hwan Kim, Head of Finance Planning at Netmarble.
I thank the investors and analysts for taking the time off of the busy schedule to attend Netmarble's 2024 3rd quarter earnings conference call. On site with us are Chief Executive Officer Yeong Sik Gwon, and Byeong Gyu Kim, and Chief Financial Officer Gi Wuk Doh.
We will address any questions that may arise during the call after the main presentation. Please note that the contents of the earnings report have yet to undergo an independent auditor's review and could be subject to changes with the audit results. And with that CFO, Gi Wuk Doh, will present Q3 earnings.
Greetings. My name is Gi Wuk Doh and I will present overall 2024 3rd quarter earnings. Please refer to page 2.
Q3 revenue was KRW647.3 billion, down 17.2% QoQ and up 2.6% YoY. EBITDA was KRW102.8 billion, down 32% QoQ and up 319.6% YoY. EBITDA margin rate marked 15.9%.Q3 revenue in EBITDA decreased in comparison to the previous quarter. Due to the absence of major new launches.
Q3 2024 Netmarble Corp Earnings Call Transcript
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