External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>For 2Q25, Wemade reported below-consensus results, with revenue of W116.8bn(-32% YoY; vs. consensus of W126.9bn) and an operating loss of W28.5bn (remaining in the red YoY; vs. consensus of -W14.7bn).</li><li>Game revenue totaled W114.7bn (-31% YoY), 4% below expectations, with the mobile segment seeing a 23% QoQ decline due to a downward stabilization in revenue from Legend of Ymir and Lost Sword.</li><li>The company posted licensing revenue of W0.7bn and blockchain revenue of W0.6bn.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

For 2Q25, Wemade reported below-consensus results, with revenue of W116.8bn(-32% YoY; vs. consensus of W126.9bn) and an operating loss of W28.5bn (remaining in the red YoY; vs. consensus of -W14.7bn).Game revenue totaled W114.7bn (-31% YoY), 4% below expectations, with the mobile segment seeing a 23% QoQ decline due to a downward stabilization in revenue from Legend of Ymir and Lost Sword.The company posted licensing revenue of W0.7bn and blockchain revenue of W0.6bn.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Wemade (112040 KQ/Buy)Awaiting New Releases

Wemade Co

Wemade (112040 KQ/Buy)Awaiting New Releases