MegaStudyEdu (215200) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was ₩237.7 billion, down 4.7% year-over-year; operating profit rose 29.3% to ₩26.2 billion, and net profit attributable to owners increased 24.7% to ₩21.4 billion.

• Gross margin improved to 45.2% from 43.9% year-over-year, reflecting cost control and operational efficiency.

• The company completed several mergers and divested its underperforming public official business to improve financial structure.

Financial highlights

• Q1 2025 revenue: ₩237.7 billion (down from ₩249.4 billion in Q1 2024).

• Operating profit: ₩26.2 billion (up from ₩20.3 billion in Q1 2024).

• Net profit attributable to owners: ₩21.4 billion (up from ₩17.7 billion in Q1 2024).

• Gross margin: 45.2% (up from 43.9% in Q1 2024).

• Basic EPS: ₩1,944 (up from ₩1,558 in Q1 2024).

Outlook and guidance

• The company targets continued operational efficiency and cost management.

• Strategic focus on core education segments and digital transformation.

• Ongoing shareholder return policy: 60% of net profit over 2024–2026 to be returned via dividends and share buybacks.