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Kakao Games (XKRX:293490) Gross Margin % : 148.07% (As of Dec. 2024)


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What is Kakao Games Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kakao Games's Gross Profit for the three months ended in Dec. 2024 was ₩71,866 Mil. Kakao Games's Revenue for the three months ended in Dec. 2024 was ₩48,536 Mil. Therefore, Kakao Games's Gross Margin % for the quarter that ended in Dec. 2024 was 148.07%.


The historical rank and industry rank for Kakao Games's Gross Margin % or its related term are showing as below:

XKRX:293490' s Gross Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 92.99
Current: 92.99


During the past 10 years, the highest Gross Margin % of Kakao Games was 92.99%. The lowest was 0.00%. And the median was 0.00%.

XKRX:293490's Gross Margin % is ranked better than
80.81% of 516 companies
in the Interactive Media industry
Industry Median: 62.88 vs XKRX:293490: 92.99

Kakao Games had a gross margin of 148.07% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kakao Games was 0.00% per year.


Kakao Games Gross Margin % Historical Data

The historical data trend for Kakao Games's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kakao Games Gross Margin % Chart

Kakao Games Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Kakao Games Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.35 88.07 84.76 95.44 148.07

Competitive Comparison of Kakao Games's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, Kakao Games's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kakao Games's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kakao Games's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kakao Games's Gross Margin % falls into.


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Kakao Games Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kakao Games's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=627227.5 / 627227.484
=(Revenue - Cost of Goods Sold) / Revenue
=(627227.484 - 0) / 627227.484
=N/A %

Kakao Games's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=71866 / 48536.275
=(Revenue - Cost of Goods Sold) / Revenue
=(48536.275 - -23329.683) / 48536.275
=148.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kakao Games  (XKRX:293490) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kakao Games had a gross margin of 148.07% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Kakao Games Gross Margin % Related Terms

Thank you for viewing the detailed overview of Kakao Games's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kakao Games Business Description

Traded in Other Exchanges
N/A
Address
152, Pangyoyeok-ro 152, Bundang-gu, Alpha Dome Tower 14th Floor, Gyeonggi-do, Seongnam-si, KOR, 13529
Kakao Games Corp is engaged in the business of developing and publishing Mobile and PC games.

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