Studio Dragon FY 2025 Annual Report
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Filed: March 18, 2026· period ending December 31, 2025DART

Studio Dragon annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Studio Dragon FY 2025 Annual Report Analysis

Business Overview

• Drama content revenue KRW 530.7B in FY2025, 75.3% from domestic/international sales, 21.7% from broadcast scheduling
• Entered Japan market in Jun 2025 with "Marry Me: Japanese Version" co-produced for Amazon Prime Video, ranked #1 in viewership

Management Discussion & Analysis

• Revenue KRW 530.7B (-3.53% YoY), Operating profit KRW 30.4B (-16.58%), Net income KRW 10.3B (-69.18%)
• Decrease mainly driven by programming revenue down 9.43% due to weak viewing performance penalty and lineup delays

Risk Factors

• KRW ±1,157M impact on after-tax profit and equity per 10% USD/KRW exchange rate fluctuation in FY2025, down from ±KRW 9,238M prior year
• New capped forward (CF) derivative contract of USD 10M not outstanding as of FY2025, yielding KRW 52.5M trading gain versus prior year KRW 29.9M gain

Studio Dragon FY 2025 Key Financial Metrics
DART

Total Assets

KRW 1.03T

▲ +11.8% YoY

Operating Cash Flow

-KRW 9.8B

▼ -105.5% YoY

CapEx

KRW 1.0B

▼ -8.2% YoY

Source: KIFRS consolidated financial data from Studio Dragon annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding