1. Kidadlistudio H1 2025 Performance: What Happened?
Kidadlistudio surpassed ₩100 billion in consolidated revenue in the first half of 2025, achieving a return to profitability. The webtoon business maintained strong growth, recording ₩82.7 billion in revenue, driven by increased overseas sales. Operating profit reached ₩2.39 billion, and net income was ₩2.56 billion, marking a significant improvement in profitability.
2. Drivers of Performance Change: Why These Results?
The consistent growth of the webtoon business and cost optimization efforts are considered the primary drivers of the return to profitability. However, the MD business (₩10.8 billion) and video business (₩3.7 billion) continued to struggle, with declining revenue compared to the same period last year. Furthermore, a significant increase in financial assets (₩51 billion) has also increased investment risk.
3. Future Outlook and Investment Strategy: What’s Next?
While Kidadlistudio has entered a positive recovery phase, challenges remain, including balancing the business portfolio, managing investment risk, and ensuring consistent management strategy. Strengthening the competitiveness of the core webtoon business and improving the profitability of the sluggish business segments are crucial tasks. A flexible overseas business strategy considering macroeconomic volatility is also essential.
4. Action Plan for Investors: What Should Investors Do?
- Focus on core business (webtoon) competitiveness strengthening and IP acquisition.
- Monitor profitability improvement strategies for MD and video businesses.
- Review the status of financial asset investment risk management.
- Observe changes in management strategy following management changes.
- Continuously monitor changes in corporate fundamentals through future disclosures and earnings announcements.
Frequently Asked Questions
What was Kidadlistudio’s core business in H1 2025?
The core business for Kidadlistudio in the first half of 2025 was the webtoon business, which drove overall performance improvement with ₩82.7 billion in revenue, fueled by increased overseas sales.
What are the current challenges facing Kidadlistudio?
Kidadlistudio’s current challenges include sluggish MD and video businesses, increased investment risk from financial assets, and uncertainty due to management changes.
What should investors consider when investing in Kidadlistudio?
Investors should consider core business competitiveness, profitability improvement strategies for struggling businesses, financial asset risk management status, management strategy changes due to management turnover, and macroeconomic volatility.