| Schedule of segment results |
| Schedule of segment results |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Year ended December 31, 2025 |
|
| |
|
|
|
Content merchandising |
|
|
F&B |
|
|
Content production |
|
|
Content
investment |
|
|
Total |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Segment revenue |
|
₩ |
|
|
44,415,967 |
|
|
|
12,323,986 |
|
|
|
20,690,997 |
|
|
|
745,138 |
|
|
|
78,176,088 |
|
| Elimination of intersegment revenue |
|
|
|
|
- |
|
|
|
(95,168 |
) |
|
|
- |
|
|
|
- |
|
|
|
(95,168 |
) |
| Consolidated net revenue |
|
|
|
|
44,415,967 |
|
|
|
12,228,818 |
|
|
|
20,690,997 |
|
|
|
745,138 |
|
|
|
78,080,920 |
|
| Depreciation |
|
|
|
|
467,669 |
|
|
|
1,638,642 |
|
|
|
417,102 |
|
|
|
126,524 |
|
|
|
2,649,937 |
|
| Amortization |
|
|
|
|
52,104 |
|
|
|
269,400 |
|
|
|
278,570 |
|
|
|
- |
|
|
|
600,074 |
|
| Employee benefit expenses |
|
|
|
|
4,220,468 |
|
|
|
4,915,334 |
|
|
|
4,370,899 |
|
|
|
923,271 |
|
|
|
14,429,972 |
|
| Segment operating profit(loss) (*) |
|
|
|
|
3,996,955 |
|
|
|
(1,964,917 |
) |
|
|
(143,774,320 |
) |
|
|
(856,648 |
) |
|
|
(142,598,930 |
) |
| Other adjustment (**) |
|
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(52,128,930 |
) |
| Company operating profit |
|
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(194,727,860 |
) |
| (*) | During the year ended December 31, 2025, segment operating
loss of Korean Won 143,774,320 was incurred mainly due to the impairment loss on goodwill allocated to Content production CGUs(Note 21). |
| (**) | The adjustment relates to the listing expenses accounted in
accordance to IFRS 2 due to the merger between K Enter Holdings Inc. and K Wave Media Ltd., and measurement of liabilities related to
shareholders’ agreement. |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Year ended
December 31, 2024 |
|
| |
|
|
|
Content merchandising |
|
|
F&B |
|
|
Total |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Segment revenue |
|
₩ |
|
|
28,379,904 |
|
|
|
14,630,426 |
|
|
|
43,010,330 |
|
| Elimination of intersegment revenue |
|
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Consolidated net revenue |
|
|
|
|
28,379,904 |
|
|
|
14,630,426 |
|
|
|
43,010,330 |
|
| Depreciation/Amortization |
|
|
|
|
501,513 |
|
|
|
2,672,170 |
|
|
|
3,173,683 |
|
| Segment operating profit |
|
|
|
|
(969,001 |
) |
|
|
(2,537,890 |
) |
|
|
(3,506,891 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Year ended
December 31, 2023 |
|
| |
|
|
|
Content merchandising |
|
|
F&B |
|
|
Total |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Segment revenue |
|
₩ |
|
|
49,771,824 |
|
|
|
17,709,332 |
|
|
|
67,481,156 |
|
| Elimination of intersegment revenue |
|
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Consolidated net revenue |
|
|
|
|
49,771,824 |
|
|
|
17,709,332 |
|
|
|
67,481,156 |
|
| Depreciation/Amortization |
|
|
|
|
750,031 |
|
|
|
2,534,001 |
|
|
|
3,284,032 |
|
| Segment operating profit(loss) |
|
|
|
|
3,802,307 |
|
|
|
(304,909 |
) |
|
|
3,497,398 |
|
|
| Schedule of geographic information |
| Schedule of geographic
information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Year ended
December 31,
2025 |
|
|
Year ended
December 31,
2024 |
|
|
Year ended
December 31,
2023 |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Korea |
|
₩ |
|
|
53,639,087 |
|
|
|
39,343,631 |
|
|
|
54,892,741 |
|
| USA |
|
|
|
|
13,777,853 |
|
|
|
13 |
|
|
|
335,239 |
|
| Germany |
|
|
|
|
2,480,957 |
|
|
|
- |
|
|
|
- |
|
| UK |
|
|
|
|
2,162,847 |
|
|
|
- |
|
|
|
- |
|
| France |
|
|
|
|
1,613,298 |
|
|
|
- |
|
|
|
- |
|
| Japan |
|
|
|
|
957,327 |
|
|
|
3,516,708 |
|
|
|
11,948,054 |
|
| Other |
|
|
|
|
3,449,551 |
|
|
|
149,978 |
|
|
|
305,122 |
|
| Total |
|
₩ |
|
|
78,080,920 |
|
|
|
|
|
|
|
67,481,156 |
|
Summary of the Company’s non-current assets based on the location as of December 31, 2025 and December 31, 2024 is as follows:
| |
|
|
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| |
|
|
|
(In thousands of Korean won) |
|
| Korea |
|
₩ |
|
|
50,095,186 |
|
|
|
23,963,489 |
|
| USA |
|
|
|
|
41,759,247 |
|
|
|
- |
|
|