E-Mart FY 2025 Annual Report
Beta

Filed: March 18, 2026· period ending December 31, 2025DART

E-Mart 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).

E-Mart FY 2025 Annual Report Analysis

Business Overview

  • E-Mart group FY2025 consolidated revenue KRW 28.97T, down ~0.2% YoY, with retail segment (73% share) declining KRW 197B as large-format stores faced 4.2% industry-wide contraction
  • Gmarket (지마켓) deconsolidated via in-kind contribution during FY2025; prior-year retail revenue included KRW 961.2B from Gmarket, materially shrinking reported online segment

Management Discussion & Analysis

  • Revenue KRW 28.97T (-0.2% YoY); operating profit KRW 322.5B (+584.8% YoY); net income KRW 246.3B (vs. net loss KRW 573.4B prior year)
  • Retail (distribution) segment OP +230.2% to KRW 302.5B — management cites cost efficiency via integrated procurement, new store openings (Traders Magok, Guwol; Emart Food Market Godeok), and quick-commerce rollout

Risk Factors

  • FX sensitivity (10% KRW/USD move) → ±KRW 6.4B P&L impact, up from ±KRW 3.9B prior year; total multi-currency impact ±KRW 9.2B vs ±KRW 5.4B prior year
  • SSG.com put/call derivative liability (올림푸스제일차, holding 30% stake) → KRW 122.1B other derivative liability on balance sheet at FY2025

E-Mart FY 2025 Key Financial Metrics
DART

Revenue

KRW 28.97T

-0.2% YoY

Net Income

KRW 246.3B

+143.0% YoY

Gross Margin

31.4%

+23bp YoY

Operating Margin

1.1%

+95bp YoY

Net Margin

0.9%

+283bp YoY

ROE

2.2%

+776bp YoY

Total Assets

KRW 33.50T

-1.3% YoY

EPS (Diluted)

KRW 5,084

+122.9% YoY

Operating Cash Flow

KRW 1.32T

-9.7% YoY

CapEx

KRW 722.7B

+11.1% YoY

Source: KIFRS consolidated financial data from E-Mart 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