WEMADE IR

Consolidated Income Statement

	2023
	Amounts	Ratio	YoY
Revenue	605,252	100%	31%
Operating Expenses	715,693	118%	30%
Operating Profit	-110,441	-18%	-30%
Non-Operating Profit	79,723	13%	-28%
Non-Operating expenses	147,946	24%	-30%
Net Income	-206,682	-34%	-11%

	2022
	Amounts	Ratio	YoY
Revenue	463,492	100%	38%
Operating Expenses	548,430	118%	130%
Operating Profit	(84,938)	-18%	-187%
Non-Operating Profit	110,693	24%	-66%
Non-Operating expenses	209,876	45%	649%
Net Income	(185,756)	-40%	-160%

	2021
	Amounts	Ratio	YoY
Revenue	334,983	100%	165%
Operating Expenses	237,632	71%	71%
Operating Profit	97,351	29%	Turned to Profit
Non-Operating Profit	324,795	97%	6,036%
Non-Operating expenses	28,028	8%	1,299%
Net Income	308,091	92%	Turned to Profit

	2020
	Amounts	Ratio	YoY
Revenue	76,043	100%	147%
Operating Expenses	48,502	64%	76%
Operating Profit	27,541	36%	755%
Non-Operating Profit	4,893	7%	300%
Non-Operating expenses	517	1%	-94%
Net Income	24,025	87%	204%

	2019
	Amounts	Ratio	YoY
Revenue	113,648	100%	-11%
Operating Expenses	122,978	108%	-25%
Operating Profit	(9,330)	-8%	74%
Non-Operating Profit	5,366	5%	-51%
Non-Operating expenses	6,489	6%	-36%
Net Income	(28,699)	-25%	41%

	2018
	Amounts	Ratio	YoY
Revenue	127,076	100%	16%
Operating Expenses	163,238	128%	58%
Operating Profit	(36,162)	-28%	-705%
Non-Operating Profit	10,883	9%	-49%
Non-Operating expenses	10,105	8%	-18%
Net Income	(48,528)	-38%	-5383%

	2017
	Amounts	Ratio	YoY
Revenue	109,568	100%	1%
Operating Expenses	103,593	95%	0%
Operating Profit	5,975	5%	45%
Non-Operating Profit	21,314	19%	70%
Non-Operating expenses	12,355	11%	-88%
Net Income	(885)	-1%	99%

	2016
	Amounts	Ratio	YoY
Revenue	107,979	99%	-15%
Operating Expenses	103,848	95%	-25%
Operating Profit	4,131	4%	135%
Non-Operating Profit	12,539	11%	128%
Non-Operating expenses	105,660	96%	-24%
Net Income	(73,001)	-67%	41%

(Unit: KRW million)

Consolidated Balance Sheet

	2023
	Amounts	Ratio	YoY
Assets	1,417,739	100%	-1%
Liabilities	1,016,961	72%	14%
Equity	400,778	28%	-25%

	2022
	Amounts	Ratio	YoY
Assets	1,429,831	100%	39%
Liabilities	895,503	63%	134%
Equity	534,328	37%	-17%

	2021
	Amounts	Ratio	YoY
Assets	1,027,300	100%	218%
Liabilities	383,599	37%	470%
Equity	643,701	63%	151%

	2020
	Amounts	Ratio	YoY
Assets	323,371	100%	9%
Liabilities	67,350	21%	9%
Equity	256,020	79%	9%

	2019
	Amounts	Ratio	YoY
Assets	296,259	100%	-16%
Liabilities	61,598	21%	-18%
Equity	234,661	79%	-15%

	2018
	Amounts	Ratio	YoY
Assets	350,825	100%	-23%
Liabilities	75,244	21%	-32%
Equity	275,581	79%	-19%

	2017
	Amounts	Ratio	YoY
Assets	453,301	100%	12%
Liabilities	111,266	25%	102%
Equity	342,035	75%	-2%

	2016
	Amounts	Ratio	YoY
Assets	403,341	100%	-18%
Liabilities	55,158	14%	-30%
Equity	348,184	86%	-16%

(Unit: KRW million)

Consolidated Cash Flow Statement

	2023
	Amounts	Ratio	YoY
Cash flows from operating activities	-10,290	-22%	72%
Cash flows from investing activities	85,466	180%	165%
Cash flows from financing activities	-27,792	-59%	-117%
Net increase (decrease) in cash and cash equivalents	47,384	100%	4,496%
Cash and cash equivalents at end of the period	314,809	-	17%

	2022
	Amounts	Ratio	YoY
Cash flows from operating activities	-37,020	3,434%	-139%
Cash flows from investing activities	-130,906	12,143%	-257%
Cash flows from financing activities	166,848	-15,478%	242%
Net increase (decrease) in cash and cash equivalents	-1,078	100%	-100%
Cash and cash equivalents at end of the period	268,133	-	-2%

	2021
	Amounts	Ratio	YoY
Cash flows from operating activities	94,396	42%	Turned to Profit
Cash flows from investing activities	83,141	37%	488%
Cash flows from financing activities	48,831	22%	929%
Net increase (decrease) in cash and cash equivalents	226,368	100%	5,563%
Cash and cash equivalents at end of the period	273,726	-	549%

	2020
	Amounts	Ratio	YoY
Cash flows from operating activities	-14,885	-372%	-65%
Cash flows from investing activities	14,134	354%	-59%
Cash flows from financing activities	4,747	119%	-146%
Net increase (decrease) in cash and cash equivalents	3,997	100%	-121%
Cash and cash equivalents at end of the period	42,197	-	11%

	2019
	Amounts	Ratio	YoY
Cash flows from operating activities	-43,126	228%	6%
Cash flows from investing activities	34,397	-182%	-347%
Cash flows from financing activities	-10,213	54%	-39%
Net increase (decrease) in cash and cash equivalents	-18,942	100%	-73%
Cash and cash equivalents at end of the period	38,124	-	-33%

	2018
	Amounts	Ratio	YoY
Cash flows from operating activities	(40,539)	57%	-362%
Cash flows from investing activities	(13,932)	20%	-116%
Cash flows from financing activities	(16,878)	24%	-120%
Net increase (decrease) in cash and cash equivalents	(71,349)	100%	-204%
Cash and cash equivalents at end of the period	57,154	-	-55%

	2017
	Amounts	Ratio	YoY
Cash flows from operating activities	(8,782)	-13%	-191%
Cash flows from investing activities	85,077	124%	-600%
Cash flows from financing activities	(7,680)	-11%	-279%
Net increase (decrease) in cash and cash equivalents	68,614	100%	2331%
Cash and cash equivalents at end of the period	127,140	-	105%

	2016
	Amounts	Ratio	YoY
Cash flows from operating activities	9,626	-313%	309%
Cash flows from investing activities	(17,004)	553%	-273%
Cash flows from financing activities	4,302	-140%	11%
Net increase (decrease) in cash and cash equivalents	(3,076)	100%	-134%
Cash and cash equivalents at end of the period	62,023	-	-2%

(Unit: KRW million)