Soulbrain (357780) Q3 2024 earnings summary

Executive summary

• Reviewed financial statements for the nine months ended September 30, 2024, compared to the same period in 2023.

• No material misstatements identified; prior year-end audit also received an unqualified opinion.

Financial highlights

• Total assets increased to ₩1,074.4B as of September 30, 2024, from ₩927.3B at 2023 year-end.

• Revenue for the nine months ended September 30, 2024, was ₩600.8B, down from ₩610.6B year-over-year.

• Net income for the nine months was ₩135.3B, up from ₩118.1B year-over-year.

• Operating cash flow for the nine months was ₩198.2B, up from ₩166.2B year-over-year.

• Cash and cash equivalents at period-end were ₩173.5B, up from ₩90.4B at the previous year-end.

Outlook and guidance

• No explicit forward-looking guidance provided; company notes that subsequent events may impact future results.