GungHo Online Entertainment,Inc.

3765・Prime Market・Information & Communication

Official website

GungHo Online Entertainment,Inc.

3765・Prime Market・Information & Communication

Official website

GungHo Online Entertainment,Inc.3765

Reference Indicators

Market Cap

1,626¥100M

P/E (Forecast)

—

P/B

1.0x

Dividend Yield (Forecast)

—

ROE

1.1%

EV/EBITDA

5.3x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	104,626	105,505	125,315	103,600	93,242
Cost of Sales	43,566	47,084	68,344	50,185	50,913
Gross Profit	61,059	58,420	56,971	53,415	42,328
SG&A Expenses	28,256	30,771	29,090	35,923	37,271
Operating Income	32,802	27,649	27,880	17,491	5,056
Non-operating Income	864	1,360	1,454	2,552	1,941
Non-operating Expenses	37	24	27	30	217
Ordinary Income	33,629	28,985	29,308	20,013	6,780
Extraordinary Income	3,207	—	682	—	—
Extraordinary Losses	131	47	261	174	203
Pre-tax Income	36,705	28,937	29,729	19,838	6,576
Income Taxes	11,251	6,622	7,571	4,831	2,285
Net Income	22,883	19,022	16,433	11,171	1,407
EBITDA	33,473	28,423	28,705	18,442	6,068
Gross Margin	58.4%	55.4%	45.5%	51.6%	45.4%
Operating Margin	31.4%	26.2%	22.2%	16.9%	5.4%
ROA	17.0%	12.5%	9.8%	6.4%	0.8%
ROE	22.4%	16.9%	13.4%	8.8%	1.1%