Income Statement DoubleUGames Co., Ltd.

Equities

A192080

KR7192080000

Software

End-of-day quote Korea S.E. Other stock markets 2026-04-22			5-day change	1st Jan Change
51,600.00 ^KRW	-0.19%		+2.38%	-3.73%

Apr. 14	Doubleu Games to divest 8.7 billion won worth of own shares	RE
Apr. 14	Doubleu Games Co Ltd - to buy shares in Paxie Games Oyun ve Yazilim A.S.	RE

149ad7e0595029c54f26c2a403.eSfLQlkRSMkE5gsbD7kD-M6w0MBP1jA9J_bqh0wq_V4.LEnyKC1mOpM1g3JeS-0xp_n-6IgO5HNtaoWd0BhelBwvT7p6HloboW7VQg

Published financial data: DOUBLEUGAMES CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	624B	617B	582B	633B	720B
Total Revenues	624B	617B	582B	633B	720B
Gross Profit	624B	617B	582B	633B	720B
Selling General & Admin Expenses, Total	377B	388B	317B	320B	398B
Provision for Bad Debts	-	-	-	-	47.58M
R&D Expenses	25.42B	32.73B	41.64B	41.09B	43.6B
Depreciation & Amortization - (IS)	7.28B	7.57B	7.95B	8.11B	8.38B
Amortization of Goodwill and Intangible Assets - (IS)	20.38B	4.77B	755M	4.3B	11.73B
Other Operating Expenses	3.31B	256M	1.91B	11.45B	25.65B
Other Operating Expenses, Total	434B	433B	369B	385B	488B
Operating Income	190B	184B	213B	249B	232B
Interest Expense, Total	-1.59B	-3.63B	-2.3B	-2.33B	-1.66B
Interest And Investment Income	1.69B	12.19B	23.81B	28.37B	29.78B
Net Interest Expenses	103M	8.56B	21.51B	26.04B	28.12B
Income (Loss) On Equity Invest.	-2.68M	-3.52M	-	-	-
Currency Exchange Gains (Loss)	6.16B	9.87B	1.93B	22.55B	-2.84B
Other Non Operating Income (Expenses)	1.1B	-188B	-158M	-182M	-1.94B
EBT, Excl. Unusual Items	198B	14.59B	237B	297B	255B
Impairment of Goodwill	-	-302B	-	-	-11.39B
Gain (Loss) On Sale Of Investments	121M	-5.07B	7.76B	18.13B	-3.03B
Gain (Loss) On Sale Of Assets	-232K	-8.79M	11.06M	258M	38.78M
Asset Writedown	-	-	-	-705M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	198B	-292B	244B	315B	241B
Income Tax Expense	41.57B	-71.3B	51.44B	71.49B	61.28B
Earnings From Continuing Operations	156B	-221B	193B	243B	180B
Net Income to Company	156B	-221B	193B	243B	180B
Minority Interest	-30.82B	88.84B	-43.83B	-56.14B	-48.56B
Net Income - (IS)	125B	-132B	149B	187B	131B
Net Income to Common Incl Extra Items	125B	-132B	149B	187B	131B
Net Income to Common Excl. Extra Items	125B	-132B	149B	187B	131B
Per Share Items
Net EPS - Basic	6.16K	-6.51K	7.51K	9.44K	6.65K
Basic EPS - Continuing Operations	6.16K	-6.51K	7.51K	9.44K	6.65K
Basic Weighted Average Shares Outstanding	20.37M	20.3M	19.84M	19.83M	19.74M
Net EPS - Diluted	6.16K	-6.51K	7.51K	9.44K	6.65K
Diluted EPS - Continuing Operations	6.16K	-6.51K	7.51K	9.44K	6.65K
Diluted Weighted Average Shares Outstanding	20.37M	20.3M	19.84M	19.83M	19.74M
Normalized Basic EPS	4.55K	4.83K	5.24K	6.54K	5.63K
Normalized Diluted EPS	4.55K	4.83K	5.24K	6.54K	5.63K
Dividend Per Share	583.33	500	833.33	1.2K	-
Payout Ratio	4.74	-8.99	6.69	9.06	18.22
Supplemental Items
EBITDA	218B	196B	222B	261B	252B
EBITA	211B	189B	214B	253B	244B
EBIT	190B	184B	213B	249B	232B
EBITDAR	218B	196B	222B	261B	252B
Effective Tax Rate - (Ratio)	21.01	24.39	21.05	22.71	25.42
Normalized Net Income	92.76B	97.96B	104B	130B	111B
Supplemental Operating Expense Items
Advertising Expense	127B	135B	86.6B	67.09B	134B
Selling and Marketing Expenses	341B	347B	280B	270B	346B
General and Administrative Expenses	528M	626M	715M	451M	411M
Research And Development Expense From Footnotes	25.42B	32.73B	41.64B	41.09B	43.6B
Net Rental Expense, Total	45.95M	43.32M	37.68M	287M	85.63M
Imputed Operating Lease Interest Expense	8.57M	14.47M	12.75M	141M	39.22M
Imputed Operating Lease Depreciation	37.38M	28.86M	24.93M	146M	46.41M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	184B	303B	298B	546B	570B
Short Term Investments	-	103B	87.36B	262B	271B
Trading Asset Securities, Total	291B	104B	127B	-	17.62B
Total Cash And Short Term Investments	475B	510B	513B	808B	858B
Accounts Receivable, Total	43.41B	51.5B	56.42B	60.38B	69.79B
Other Receivables	69.02M	333M	1.51B	5.56B	4.07B
Total Receivables	43.48B	51.83B	57.93B	65.94B	73.85B
Prepaid Expenses	7.82B	7.44B	10.21B	6.74B	6.08B
Other Current Assets, Total	1.99B	2.99B	1.42B	12.78B	2.56B
Total Current Assets	528B	573B	583B	893B	941B
Gross Property Plant And Equipment	19.23B	13.5B	36.58B	33.15B	29.29B
Accumulated Depreciation	-4.01B	-4.37B	-4.96B	-4.9B	-5.24B
Net Property Plant And Equipment	15.22B	9.13B	31.62B	28.25B	24.05B
Long-term Investments	3.67B	3.85B	3.38B	1.78B	1.97B
Goodwill	763B	519B	550B	625B	700B
Other Intangibles, Total	63.77B	63.59B	85.98B	92.29B	172B
Deferred Tax Assets Long-Term	2.64B	63.67B	26.05B	-	934M
Deferred Charges Long-Term	0	0	0	0	0
Other Long-Term Assets, Total	5.65B	3.95B	7.85B	6.08B	7.47B
Total Assets	1,382B	1,236B	1,288B	1,646B	1,848B
Liabilities
Accrued Expenses, Total	29.96B	34.74B	22.33B	23.88B	36.1B
Short-term Borrowings	48.85B	-	-	-	10.38B
Current Portion of Long-Term Debt	-	29.96B	19.98B	-	-
Current Portion of Leases	7.25B	7.31B	8.55B	7.26B	7.83B
Current Income Taxes Payable	9.98B	4.83B	4.67B	13.28B	11.62B
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	6.49B	129B	6.88B	12.8B	25.36B
Total Current Liabilities	103B	206B	62.41B	57.23B	91.3B
Long-Term Debt	49.83B	19.95B	-	-	-
Long-Term Leases	8.81B	2.07B	20.82B	18.49B	14.09B
Pension & Other Post Retirement Benefits	-	291M	477M	-	8.29M
Deferred Tax Liability Non Current	35.33B	186M	3.62B	8.44B	46.33B
Other Non Current Liabilities	580M	1.1B	3.75B	5.75B	43.77B
Total Liabilities	197B	229B	91.08B	89.91B	195B
Common Stock, Total	9.19B	9.19B	9.19B	10.84B	10.84B
Additional Paid In Capital	298B	298B	298B	297B	98.09B
Retained Earnings	543B	399B	531B	702B	1,009B
Treasury Stock	-49.96B	-66.4B	-64.05B	-64.28B	-94.73B
Comprehensive Income and Other	41.82B	89.16B	96.93B	186B	162B
Total Common Equity	843B	729B	872B	1,131B	1,186B
Minority Interest	342B	277B	325B	425B	467B
Total Equity	1,185B	1,006B	1,197B	1,556B	1,652B
Total Liabilities And Equity	1,382B	1,236B	1,288B	1,646B	1,848B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.37M	19.95M	19.83M	19.83M	19.28M
ECS Total Common Shares Outstanding	20.37M	19.95M	19.83M	19.83M	19.28M
Book Value / Share	41.37K	36.57K	43.95K	57.07K	61.51K
Tangible Book Value	15.79B	147B	235B	415B	313B
Tangible Book Value Per Share	775.36	7.37K	11.86K	20.91K	16.23K
Total Debt	115B	59.29B	49.35B	25.75B	32.31B
Net Debt	-360B	-451B	-464B	-782B	-826B
Debt Equivalent Oper. Leases	368M	347M	301M	2.3B	685M
Minority Interest, Total (Incl. Fin. Div)	342B	277B	325B	425B	467B
Equity Method Investments, Total	3.52M	-	-	-	-
Machinery, Total	3.92B	4.4B	4.92B	5.1B	6.28B
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	18.37M	19.76M	71.76M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	125B	-132B	149B	187B	131B
Depreciation & Amortization - CF	7.28B	7.57B	7.95B	8.11B	8.38B
Amortization of Goodwill and Intangible Assets - (CF)	20.38B	4.77B	755M	4.3B	11.73B
Depreciation & Amortization, Total	27.66B	12.34B	8.7B	12.41B	20.11B
(Gain) Loss From Sale Of Asset	232K	8.79M	-11.06M	-258M	-38.78M
(Gain) Loss on Sale of Investments - (CF)	-121M	5.07B	-7.76B	-18.13B	3.03B
Asset Writedown & Restructuring Costs	-	302B	-	705M	11.39B
(Income) Loss On Equity Investments - (CF)	2.68M	3.52M	-	-	-
Stock-Based Compensation (CF)	-	-	-	2.28B	-1.31B
Provision and Write-off of Bad Debts	-	-	-	-	47.58M
Other Operating Activities, Total	34.74B	-4.09B	94.59B	80.69B	64.39B
Change In Accounts Receivable	6.08B	-5.32B	-2.3B	1.11B	-1.48B
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	-4.33B	-58.85B	-146B	8.75B	9.53B
Cash from Operations	189B	119B	95.88B	275B	237B
Capital Expenditure	-597M	-1.14B	-632M	-1.93B	-778M
Sale of Property, Plant, and Equipment	14.51M	69.95M	22.66M	54.28M	127M
Cash Acquisitions	-	-	-36.36B	-	-120B
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-98.06M	-120M	-56.1M	-817M	-163M
Investment in Marketable and Equity Securities, Total	-183B	87.34B	-8.76B	-37.92B	-19.19B
Other Investing Activities, Total	-33.66K	-10	300K	7.6B	6.87B
Cash from Investing	-184B	86.14B	-45.78B	-33.01B	-133B
Short Term Debt Issued, Total	48.6B	-	-	-	-
Long-Term Debt Issued, Total	49.82B	-	-	-	-
Total Debt Issued	98.42B	-	-	-	-
Short Term Debt Repaid, Total	-	-50B	-	-	-
Long-Term Debt Repaid, Total	-6.38B	-7.17B	-37.97B	-26.22B	-6.66B
Total Debt Repaid	-6.38B	-57.17B	-37.97B	-26.22B	-6.66B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-16.44B	-4.72B	-247M	-35B
Common & Preferred Stock Dividends Paid	-5.94B	-11.88B	-9.98B	-16.95B	-23.91B
Common & Preferred Stock Dividends Paid	-5.94B	-11.88B	-9.98B	-16.95B	-23.91B
Other Financing Activities, Total	32.15B	-	-	-	-20
Cash from Financing	118B	-85.49B	-52.67B	-43.42B	-65.57B
Foreign Exchange Rate Adjustments	64.07M	-637M	-1.68B	48.76B	-14.24B
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	124B	119B	-4.25B	247B	24.37B
Supplemental Items
Cash Interest Paid	1.03B	2.34B	2.33B	2.28B	1.55B
Cash Income Tax Paid (Refund)	36.49B	30.88B	10.31B	30.08B	52.69B
Levered Free Cash Flow	142B	237B	-2.01B	165B	189B
Unlevered Free Cash Flow	143B	239B	-572M	166B	190B
Change In Net Working Capital	2.76B	-113B	142B	-1.14B	-26.09B
Net Debt Issued / Repaid	92.04B	-57.17B	-37.97B	-26.22B	-6.66B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.89	8.78	10.57	10.59	8.3
Return on Total Capital	10.58	9.72	11.53	10.99	8.88
Return On Equity %	14.79	-20.18	17.51	17.68	11.21
Return on Common Equity	16.5	-16.82	18.62	18.69	11.33
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	60.46	62.87	54.4	50.48	55.33
EBITDA Margin %	34.94	31.78	38.12	41.22	35.04
EBITA Margin %	33.77	30.56	36.76	39.94	33.88
EBIT Margin %	30.5	29.79	36.63	39.26	32.25
Income From Continuing Operations Margin %	25.04	-35.81	33.12	38.41	24.98
Net Income Margin %	20.1	-21.42	25.6	29.55	18.23
Net Avail. For Common Margin %	20.1	-21.42	25.6	29.55	18.23
Normalized Net Income Margin	14.86	15.87	17.86	20.45	15.43
Levered Free Cash Flow Margin	22.78	38.36	-0.34	26.02	26.3
Unlevered Free Cash Flow Margin	22.94	38.73	-0.1	26.25	26.44
Asset Turnover
Asset Turnover	0.52	0.47	0.46	0.43	0.41
Fixed Assets Turnover	34.13	50.69	28.58	21.16	27.53
Receivables Turnover (Average Receivables)	13.96	13.01	10.79	10.85	11.06
Short Term Liquidity
Current Ratio	5.15	2.78	9.33	15.61	10.3
Quick Ratio	5.05	2.73	9.15	15.27	10.21
Operating Cash Flow to Current Liabilities	1.85	0.58	1.54	4.8	2.6
Days Sales Outstanding (Average Receivables)	26.15	28.06	33.82	33.74	33
Long Term Solvency
Total Debt/Equity	9.68	5.89	4.12	1.65	1.96
Total Debt / Total Capital	8.83	5.56	3.96	1.63	1.92
LT Debt/Equity	4.95	2.19	1.74	1.19	0.85
Long-Term Debt / Total Capital	4.51	2.07	1.67	1.17	0.84
Total Liabilities / Total Assets	14.26	18.56	7.07	5.46	10.58
EBIT / Interest Expense	119.59	50.61	92.83	106.7	139.66
EBITDA / Interest Expense	136.97	54.01	96.62	112.03	151.76
(EBITDA - Capex) / Interest Expense	136.59	53.69	96.34	111.2	151.29
Total Debt / EBITDA	0.53	0.3	0.22	0.1	0.13
Net Debt / EBITDA	-1.65	-2.3	-2.09	-2.99	-3.27
Total Debt / (EBITDA - Capex)	0.53	0.3	0.22	0.1	0.13
Net Debt / (EBITDA - Capex)	-1.65	-2.31	-2.09	-3.02	-3.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.18	-1.09	-5.66	8.78	13.64
Gross Profit, 1 Yr. Growth %	-5.18	-1.09	-5.66	8.78	13.64
EBITDA, 1 Yr. Growth %	-8.67	-10.01	13.15	17.63	-3.41
EBITA, 1 Yr. Growth %	-8.87	-10.49	13.48	18.21	-3.62
EBIT, 1 Yr. Growth %	-1.97	-3.42	16.01	16.62	-6.67
Earnings From Cont. Operations, 1 Yr. Growth %	25.23	-241.45	-187.26	26.14	-26.1
Net Income, 1 Yr. Growth %	11.72	-205.39	-212.74	25.57	-29.88
Normalized Net Income, 1 Yr. Growth %	-12.42	5.6	6.19	20.77	-14.24
Diluted EPS Before Extra, 1 Yr. Growth %	11.71	-205.74	-215.36	25.62	-29.56
Accounts Receivable, 1 Yr. Growth %	-5.67	18.63	9.56	7.02	15.57
Net Property, Plant and Equip., 1 Yr. Growth %	-28.71	-39.99	246.2	-10.64	-14.89
Total Assets, 1 Yr. Growth %	35.06	-10.58	4.22	27.75	12.24
Tangible Book Value, 1 Yr. Growth %	-115.87	830.82	59.97	76.25	-24.49
Common Equity, 1 Yr. Growth %	24.2	-13.44	19.49	29.81	4.82
Cash From Operations, 1 Yr. Growth %	-6.1	-37.3	-19.31	186.55	-13.76
Capital Expenditures, 1 Yr. Growth %	20.75	91.77	-44.72	204.79	-59.64
Levered Free Cash Flow, 1 Yr. Growth %	-11.87	66.55	-100.85	-5.63K	14.86
Unlevered Free Cash Flow, 1 Yr. Growth %	-14.7	66.98	-100.24	-10.85K	14.48
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.2	-3.16	-3.4	1.3	11.19
Gross Profit, 2 Yr. CAGR %	10.2	-3.16	-3.4	1.3	11.19
EBITDA, 2 Yr. CAGR %	4.23	-9.34	0.91	15.37	6.6
EBITA, 2 Yr. CAGR %	4.41	-9.69	0.78	15.82	6.74
EBIT, 2 Yr. CAGR %	10.96	-2.7	5.85	16.31	4.32
Earnings From Cont. Operations, 2 Yr. CAGR %	19.04	33.1	11.1	4.91	-3.45
Net Income, 2 Yr. CAGR %	6.66	8.51	9	18.98	-6.16
Normalized Net Income, 2 Yr. CAGR %	3.72	-3.83	5.9	15.01	1.77
Diluted EPS Before Extra, 2 Yr. CAGR %	6.64	8.69	10.45	20.4	-5.93
Accounts Receivable, 2 Yr. CAGR %	2.51	5.78	14	8.29	11.22
Net Property, Plant and Equip., 2 Yr. CAGR %	-27.19	-34.59	44.14	75.89	-12.79
Total Assets, 2 Yr. CAGR %	13.39	9.89	-3.46	15.43	19.75
Tangible Book Value, 2 Yr. CAGR %	-72.73	21.55	285.88	67.91	15.36
Common Equity, 2 Yr. CAGR %	14.11	3.69	1.7	24.54	16.64
Cash From Operations, 2 Yr. CAGR %	7.35	-23.27	-28.87	52.06	57.2
Capital Expenditures, 2 Yr. CAGR %	-25.44	52.17	2.97	29.81	10.92
Levered Free Cash Flow, 2 Yr. CAGR %	9.57	21.15	-88.12	-16.58	696.64
Unlevered Free Cash Flow, 2 Yr. CAGR %	2.73	19.35	-93.68	-16.61	1.01K
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.92	6.3	-4	0.5	5.26
Gross Profit, 3 Yr. CAGR %	8.92	6.3	-4	0.5	5.26
EBITDA, 3 Yr. CAGR %	8.74	-0.75	-2.39	6.2	8.74
EBITA, 3 Yr. CAGR %	7.7	-0.82	-2.55	6.28	8.94
EBIT, 3 Yr. CAGR %	11.93	5.95	3.18	9.32	8.08
Earnings From Cont. Operations, 3 Yr. CAGR %	21.21	26.08	15.62	15.9	-6.65
Net Income, 3 Yr. CAGR %	12.65	6.23	9.9	14.27	-0.24
Normalized Net Income, 3 Yr. CAGR %	8.39	4.34	-0.6	11.78	4.29
Diluted EPS Before Extra, 3 Yr. CAGR %	12.62	6.34	10.87	15.3	0.7
Accounts Receivable, 3 Yr. CAGR %	7.3	7.62	7.03	11.63	10.66
Net Property, Plant and Equip., 3 Yr. CAGR %	105.32	-31.74	13.99	22.9	38.08
Total Assets, 3 Yr. CAGR %	11.51	4.76	7.97	6.01	14.36
Tangible Book Value, 3 Yr. CAGR %	-64.24	-11.55	33.2	197.18	28.64
Common Equity, 3 Yr. CAGR %	17.59	4.07	8.71	10.32	17.58
Cash From Operations, 3 Yr. CAGR %	6.63	-10.26	-21.97	13.18	25.87
Capital Expenditures, 3 Yr. CAGR %	-6.49	2.16	8.58	47.84	-12.06
Levered Free Cash Flow, 3 Yr. CAGR %	9.14	25.98	-76.83	5.04	-7.19
Unlevered Free Cash Flow, 3 Yr. CAGR %	3.68	20.79	-84.95	5.11	-7.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	32.01	14.09	3.81	4.27	1.81
Gross Profit, 5 Yr. CAGR %	32.01	14.09	3.81	4.27	1.81
EBITDA, 5 Yr. CAGR %	37	14.27	5.54	5.41	1.11
EBITA, 5 Yr. CAGR %	36.23	13.56	4.87	5.53	1.07
EBIT, 5 Yr. CAGR %	33.52	17.81	9.46	9.98	3.63
Earnings From Cont. Operations, 5 Yr. CAGR %	26.25	44.05	17.06	17.15	7.58
Net Income, 5 Yr. CAGR %	20.77	30.18	11.18	11.16	3.17
Normalized Net Income, 5 Yr. CAGR %	22.54	32.51	7.39	8.49	0.96
Diluted EPS Before Extra, 5 Yr. CAGR %	21.69	30.09	11.75	11.76	3.82
Accounts Receivable, 5 Yr. CAGR %	22.06	4.93	9.93	7.89	8.68
Net Property, Plant and Equip., 5 Yr. CAGR %	68.24	36.74	78.23	-0.32	2.41
Total Assets, 5 Yr. CAGR %	25.89	4.38	5.26	8.9	12.55
Tangible Book Value, 5 Yr. CAGR %	-47.01	-20.18	-7.4	14.3	25.76
Common Equity, 5 Yr. CAGR %	17.38	12.51	10.96	11.82	11.82
Cash From Operations, 5 Yr. CAGR %	28.42	7.59	-9.31	10.81	3.26
Capital Expenditures, 5 Yr. CAGR %	7.52	12.51	-2.81	12.43	9.51
Levered Free Cash Flow, 5 Yr. CAGR %	30.35	40.75	-55.04	6.83	3.25
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.49	33.86	-66.14	4.15	2.55