- Krafton’s operating profit for the fourth quarter was 215.5 billion won, marking a 31% increase year-over-year.
- The reported operating profit fell short of the estimate, which was 260.65 billion won.
- Krafton achieved a net profit of 492.1 billion won compared to a net loss of 12.8 billion won in the previous year, surpassing the estimated net profit of 179.56 billion won.
- Sales reached 617.6 billion won, showing a 16% increase year-over-year, but missed the sales estimate of 672.85 billion won.
- Following the report, shares of Krafton rose by 2.4% to 0.39 million won, with 161,558 shares traded.
- Analyst recommendations included 31 buy ratings, 1 hold, and 0 sell ratings.
A look at Krafton Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores analysis, Krafton, a leading game development company, shows a positive long-term outlook. The company’s strong scores in Growth, Resilience, and Momentum indicate promising prospects for future expansion and market performance. With high ratings in these key factors, Krafton is positioned to capitalize on its innovative game development strategies and maintain its competitive edge in the industry.
Krafton’s emphasis on growth opportunities, ability to withstand market challenges, and consistent momentum reflect its potential for sustained success in the gaming market. While the company’s Value and Dividend scores are moderate, its superior ratings in Growth, Resilience, and Momentum underscore its overall strength and stability in the long run. With a solid foundation in game development and a focus on market diversification, Krafton is poised to deliver continued growth and value to its investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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