MegaStudyEdu (215200) Q2 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 was ₩438.7 billion, down 5.4% year-over-year, with net income at ₩46.6 billion, a 7.2% decrease from the prior year.

• Operating profit for the period was ₩58.9 billion, representing a 12.4% margin.

• The company completed several mergers and business transfers, including the sale of the public official business and acquisition of the UniStudy business.

Financial highlights

• Gross profit for H1 2025 was ₩126.3 billion, with a gross margin of 28.8%.

• Operating profit was ₩58.9 billion, and net profit attributable to owners was ₩44.4 billion.

• Basic EPS for the half-year was ₩4,139.

• Cash and cash equivalents at period-end were ₩13.1 billion.

• Total assets stood at ₩882.8 billion, with total equity of ₩485.7 billion.

Outlook and guidance

• The company expects continued growth in the online and offline education market, with a focus on expanding digital content and operational efficiency.

• Strategic focus is on high school and university segments, and further digital transformation.