Kakao Games FY 2025 Annual ReportBeta
Kakao Games 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).
Kakao Games FY 2025 Annual Report Analysis
Business Overview
- • Core revenue: PC game KRW 114.2B (24.5%), mobile game KRW 350.9B (75.5%) in FY2025, shift from prior years' mobile dominance
- • FY2025 R&D expense ratio surged to 34.6% of sales vs 26.9% in FY2024, driven by AI and blockchain tech development
Management Discussion & Analysis
- • Revenue KRW 465.0B (-25.9% YoY), operating loss KRW 39.6B (vs. OP KRW 19.1B profit), net loss KRW 143.1B (-11.7%)
- • PC games revenue KRW 114.2B (+31.6%) drove improvement, mobile games revenue KRW 350.9B (-35.1%) declined due to major title traffic stabilization and lack of large new titles
Risk Factors
- • KRW 723M pre-tax profit impact from 5% USD/KRW exchange rate move, up from KRW 426M in prior year
- • Largest financial asset credit risk exposure KRW 943.7B at year-end, up from KRW 730.9B prior year
Kakao Games FY 2025 Key Financial MetricsDART
Total Assets
KRW 2.68T
▼ -15.6% YoY
Operating Cash Flow
-KRW 44.3B
▼ -261.6% YoY
CapEx
KRW 8.2B
▼ -34.9% YoY
Source: KIFRS consolidated financial data from Kakao Games 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