Cash flow eMnet Inc.

Stocks

A123570

KR7123570004

Advertising & Marketing

End-of-day quote Korea S.E. 11/09/2026			5-day change	1st Jan Change
1,652.00 ^KRW	-0.96%		+0.18%	-14.93%

14/08	EMnet Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
15/05	EMnet Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: EMNET INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Revenues	35.24B	44.21B	35.02B	36.31B	32.26B
Total Revenues	35.24B	44.21B	35.02B	36.31B	32.26B
Gross Profit	35.24B	44.21B	35.02B	36.31B	32.26B
Selling General & Admin Expenses, Total	24.27B	32.82B	29.38B	29.91B	30.63B
Provision for Bad Debts	-7.04M	-	-	147M	-
Depreciation & Amortization - (IS)	787M	1.64B	1.55B	1.12B	1.02B
Amortization of Goodwill and Intangible Assets - (IS)	38.16M	134M	119M	48.29M	25M
Other Operating Expenses	258M	289M	299M	322M	317M
Other Operating Expenses, Total	25.34B	34.88B	31.35B	31.55B	31.99B
Operating Income	9.9B	9.33B	3.67B	4.76B	274M
Interest Expense, Total	-7.31M	-45.43M	-47.84M	-78.65M	-76.4M
Interest And Investment Income	324M	910M	1.96B	2.02B	1.83B
Net Interest Expenses	317M	865M	1.91B	1.94B	1.75B
Income (Loss) On Equity Invest.	383M	-1.54B	-1.09B	-955M	-1.26B
Currency Exchange Gains (Loss)	195M	479M	-145M	-119M	77.48M
Other Non Operating Income (Expenses)	1.75B	751M	569M	628M	778M
EBT, Excl. Unusual Items	12.54B	9.88B	4.91B	6.25B	1.62B
Gain (Loss) On Sale Of Investments	-28.64M	-122M	139M	-3.4M	-18.47M
Gain (Loss) On Sale Of Assets	-41.57M	3.82M	9.5M	40.96M	32.14M
EBT, Incl. Unusual Items	12.47B	9.76B	5.06B	6.29B	1.63B
Income Tax Expense	3.78B	2.43B	1.14B	378M	-220M
Earnings From Continuing Operations	8.69B	7.34B	3.92B	5.91B	1.85B
Earnings Of Discontinued Operations	17.64B	-3.88M	897K	-	-
Net Income to Company	26.33B	7.33B	3.92B	5.91B	1.85B
Minority Interest	-552M	-613M	126M	-167M	111M
Net Income - (IS)	25.78B	6.72B	4.04B	5.75B	1.96B
Net Income to Common Incl Extra Items	25.78B	6.72B	4.04B	5.75B	1.96B
Net Income to Common Excl. Extra Items	8.13B	6.72B	4.04B	5.75B	1.96B
Per Share Items
Net EPS - Basic	1.18K	308.1	189.11	269.07	91.85
Basic EPS - Continuing Operations	372.17	308.28	189.07	269.07	91.85
Basic Weighted Average Shares Outstanding	21.85M	21.81M	21.38M	21.35M	21.35M
Net EPS - Diluted	1.18K	307.24	189.04	268.78	91.85
Diluted EPS - Continuing Operations	372.03	307.42	189	268.78	91.85
Diluted Weighted Average Shares Outstanding	21.85M	21.81M	21.38M	21.35M	21.35M
Normalized Basic EPS	333.28	255.04	149.49	175.21	52.53
Normalized Diluted EPS	333.28	255.04	149.49	175.21	52.53
Dividend Per Share	200	90	50	60	-
Payout Ratio	4.66	66.49	50.41	18.58	65.32
Supplemental Items
EBITDA	11.15B	11.1B	5.34B	5.93B	1.32B
EBITA	9.94B	9.46B	3.78B	4.81B	299M
EBIT	9.9B	9.33B	3.67B	4.76B	274M
EBITDAR	11.36B	11.35B	5.55B	6.12B	1.53B
Effective Tax Rate - (Ratio)	30.33	24.85	22.62	6.01	-13.47
Normalized Net Income	7.28B	5.56B	3.2B	3.74B	1.12B
Supplemental Operating Expense Items
Advertising Expense	263M	-	-	-	-
Selling and Marketing Expenses	2.48B	7.94B	3.28B	2.69B	2.82B
General and Administrative Expenses	865M	726M	1.09B	957M	840M
Net Rental Expense, Total	206M	244M	217M	188M	212M
Imputed Operating Lease Interest Expense	7.72M	80.37M	96.93M	174M	108M
Imputed Operating Lease Depreciation	198M	163M	120M	13.78M	104M
Stock-Based Comp., SG&A Exp. (Total)	10.08M	10.2M	-10.89M	-12.95M	-
Total Stock-Based Compensation	10.08M	10.2M	-10.89M	-12.95M	-

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Assets
Cash And Equivalents	27.67B	8.69B	14.99B	17.28B	4.85B
Short Term Investments	23.37B	36.73B	37.02B	45.43B	51.85B
Trading Asset Securities, Total	-	2.97B	2.05B	-	-
Total Cash And Short Term Investments	51.04B	48.39B	54.06B	62.71B	56.7B
Accounts Receivable, Total	7.72B	7.64B	6.11B	6.25B	4.93B
Other Receivables	31.67B	32.49B	30.77B	36.15B	40.9B
Notes Receivable	725M	582M	253M	285M	248M
Total Receivables	40.11B	40.7B	37.13B	42.69B	46.08B
Prepaid Expenses	135M	98.85M	81.36M	166M	170M
Other Current Assets, Total	2.08B	2.69B	3.11B	2.47B	3.44B
Total Current Assets	93.37B	91.88B	94.38B	108B	106B
Gross Property Plant And Equipment	17.18B	16.68B	16.6B	15.75B	15.81B
Accumulated Depreciation	-4.7B	-5.09B	-5.35B	-5.04B	-4.87B
Net Property Plant And Equipment	12.47B	11.59B	11.25B	10.71B	10.94B
Long-term Investments	16.41B	15.04B	11.19B	10.41B	10.22B
Goodwill	267M	211M	211M	211M	211M
Other Intangibles, Total	321M	328M	217M	168M	143M
Loans Receivable Long-Term	1B	416M	522M	546M	482M
Deferred Tax Assets Long-Term	1.88B	35.9M	309M	710M	1.36B
Other Long-Term Assets, Total	9.25B	8.72B	8.08B	7.96B	7.53B
Total Assets	135B	128B	126B	139B	137B
Liabilities
Accrued Expenses, Total	883M	914M	1.19B	1.29B	1.85B
Short-term Borrowings	-	-	-	-	1.2B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	837M	739M	560M	380M	257M
Current Income Taxes Payable	6.58B	1.96B	102M	156M	164M
Unearned Revenue Current, Total	2.05M	8.08M	58.91M	169M	160M
Other Current Liabilities	23.47B	23.89B	21.87B	29.44B	23.89B
Total Current Liabilities	31.76B	27.52B	23.78B	31.43B	27.52B
Long-Term Leases	602M	26.28M	390M	28.57M	541M
Pension & Other Post Retirement Benefits	7.01B	6.4B	7.43B	8.5B	9.02B
Deferred Tax Liability Non Current	2.37B	-	-	-	-
Other Non Current Liabilities	757M	449M	799M	304M	1.01B
Total Liabilities	42.51B	34.39B	32.4B	40.27B	38.09B
Common Stock, Total	11.14B	11.14B	11.14B	11.14B	11.14B
Additional Paid In Capital	4.86B	4.86B	5.26B	5.28B	5.28B
Retained Earnings	70.22B	73.19B	74.69B	78.96B	79.82B
Treasury Stock	-1.5B	-2.91B	-3.5B	-3.5B	-3.5B
Comprehensive Income and Other	4.01B	3.17B	2.78B	3.06B	2.93B
Total Common Equity	88.73B	89.45B	90.37B	94.94B	95.67B
Minority Interest	3.74B	4.39B	3.39B	3.55B	3.51B
Total Equity	92.47B	93.83B	93.76B	98.48B	99.18B
Total Liabilities And Equity	135B	128B	126B	139B	137B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	21.85M	21.5M	21.35M	21.35M	21.35M
ECS Total Common Shares Outstanding	21.85M	21.5M	21.35M	21.35M	21.35M
Book Value / Share	4.06K	4.16K	4.23K	4.45K	4.48K
Tangible Book Value	88.14B	88.91B	89.94B	94.56B	95.31B
Tangible Book Value Per Share	4.03K	4.14K	4.21K	4.43K	4.46K
Total Debt	1.44B	766M	950M	408M	2B
Net Debt	-49.6B	-47.62B	-53.11B	-62.3B	-54.7B
Debt Equivalent Oper. Leases	1.65B	1.95B	1.74B	1.5B	1.69B
Minority Interest, Total (Incl. Fin. Div)	3.74B	4.39B	3.39B	3.55B	3.51B
Equity Method Investments, Total	14.38B	11.64B	9.77B	8.93B	7.24B
Land - (BS)	4B	4B	4B	4B	4B
Buildings, Total	8.09B	8.09B	8.09B	8.09B	8.09B
Machinery, Total	1.69B	1.92B	1.57B	1.6B	1.42B
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	2.39M	-

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Net Income	25.78B	6.72B	4.04B	5.75B	1.96B
Depreciation & Amortization - CF	1.21B	1.64B	1.55B	1.12B	1.02B
Amortization of Goodwill and Intangible Assets - (CF)	45.42M	134M	119M	48.29M	25M
Depreciation & Amortization, Total	1.25B	1.77B	1.67B	1.17B	1.04B
(Gain) Loss From Sale Of Asset	-23.52B	-3.82M	-10.79M	-40.96M	-32.14M
(Gain) Loss on Sale of Investments - (CF)	106M	122M	986M	1.03B	191M
(Income) Loss On Equity Investments - (CF)	-383M	1.54B	-38.47M	-70.1M	1.09B
Stock-Based Compensation (CF)	36.56M	10.2M	-10.89M	-12.96M	-
Provision and Write-off of Bad Debts	-22.28M	-	-	147M	-
Net Cash From Discontinued Operations	-	-	897K	-	-
Other Operating Activities, Total	12.76B	-2.7B	-141M	2.22B	2.02B
Change In Accounts Receivable	-845M	86.28M	1.53B	-148M	1.35B
Change in Other Net Operating Assets	-5.7B	-1.71B	291M	686M	-11.4B
Cash from Operations	9.47B	5.84B	8.32B	10.73B	-3.77B
Capital Expenditure	-309M	-426M	-50.35M	-293M	-152M
Sale of Property, Plant, and Equipment	12.76M	4.55M	77.82M	41.77M	41.93M
Cash Acquisitions	-3B	-	-	-	-46.67M
Divestitures	5.01B	-	-	-	96.93M
Sale (Purchase) of Intangible assets	-135M	-2.98M	-7.39M	-	-
Investment in Marketable and Equity Securities, Total	-542M	-17.7B	1.8B	-6.6B	-7.84B
Other Investing Activities, Total	-1.26M	-206K	-10	10	-196M
Cash from Investing	1.04B	-18.12B	1.82B	-6.85B	-8.1B
Long-Term Debt Issued, Total	-	-	-	-	9.6B
Total Debt Issued	-	-	-	-	9.6B
Long-Term Debt Repaid, Total	-546M	-814M	-843M	-557M	-8.85B
Total Debt Repaid	-546M	-814M	-843M	-557M	-8.85B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-1.42B	-583M	-	-
Common & Preferred Stock Dividends Paid	-1.2B	-4.47B	-2.04B	-1.07B	-1.28B
Common & Preferred Stock Dividends Paid	-1.2B	-4.47B	-2.04B	-1.07B	-1.28B
Other Financing Activities, Total	157M	37.66M	-350M	-	-15M
Cash from Financing	-1.59B	-6.66B	-3.81B	-1.62B	-547M
Foreign Exchange Rate Adjustments	-205M	-37.23M	-29.36M	30.09M	-2.08M
Miscellaneous Cash Flow Adjustments	-	-	-	-	150
Net Change in Cash	8.71B	-18.98B	6.3B	2.28B	-12.42B
Supplemental Items
Cash Interest Paid	11M	39.58M	17.92M	41.11M	41.28M
Cash Income Tax Paid (Refund)	1.06B	7.61B	3.19B	493M	414M
Levered Free Cash Flow	2.75B	1.84B	3.49B	6.61B	-8.33B
Unlevered Free Cash Flow	2.75B	1.87B	3.52B	6.66B	-8.29B
Change In Net Working Capital	4.25B	5.32B	378M	-2.82B	9.35B
Net Debt Issued / Repaid	-546M	-814M	-843M	-557M	749M

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Profitability
Return on Assets	4.97	4.43	1.8	2.24	0.12
Return on Total Capital	7.59	6.19	2.42	3.07	0.17
Return On Equity %	10.87	7.88	4.17	6.15	1.87
Return on Common Equity	10.75	7.55	4.5	6.2	2.06
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	68.86	74.23	83.91	82.38	94.94
EBITDA Margin %	31.64	25.11	15.24	16.33	4.08
EBITA Margin %	28.21	21.4	10.81	13.24	0.93
EBIT Margin %	28.08	21.1	10.47	13.1	0.85
Income From Continuing Operations Margin %	24.65	16.6	11.18	16.28	5.74
Net Income Margin %	73.15	15.2	11.54	15.82	6.08
Net Avail. For Common Margin %	23.08	15.21	11.54	15.82	6.08
Normalized Net Income Margin	20.67	12.58	9.13	10.3	3.48
Levered Free Cash Flow Margin	7.8	4.16	9.96	18.21	-25.84
Unlevered Free Cash Flow Margin	7.81	4.23	10.04	18.34	-25.69
Asset Turnover
Asset Turnover	0.28	0.34	0.28	0.27	0.23
Fixed Assets Turnover	2.94	3.67	3.07	3.31	2.98
Receivables Turnover (Average Receivables)	4.72	5.76	5.1	5.88	5.77
Short Term Liquidity
Current Ratio	2.94	3.34	3.97	3.44	3.87
Quick Ratio	2.85	3.22	3.82	3.34	3.73
Operating Cash Flow to Current Liabilities	0.3	0.21	0.35	0.34	-0.14
Days Sales Outstanding (Average Receivables)	77.3	63.38	71.62	62.29	63.28
Long Term Solvency
Total Debt/Equity	1.56	0.82	1.01	0.41	2.01
Total Debt / Total Capital	1.53	0.81	1	0.41	1.97
LT Debt/Equity	0.65	0.03	0.42	0.03	0.55
Long-Term Debt / Total Capital	0.64	0.03	0.41	0.03	0.53
Total Liabilities / Total Assets	31.49	26.82	25.68	29.02	27.75
EBIT / Interest Expense	1.35K	205.33	76.63	60.49	3.59
EBITDA / Interest Expense	1.53K	244.4	111.57	75.41	17.22
(EBITDA - Capex) / Interest Expense	1.48K	235.02	110.52	71.68	15.23
Total Debt / EBITDA	0.13	0.07	0.18	0.07	1.52
Net Debt / EBITDA	-4.45	-4.29	-9.95	-10.5	-41.59
Total Debt / (EBITDA - Capex)	0.13	0.07	0.18	0.07	1.72
Net Debt / (EBITDA - Capex)	-4.58	-4.46	-10.05	-11.05	-47.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	38.66	25.46	-20.79	3.69	-11.16
Gross Profit, 1 Yr. Growth %	38.66	25.46	-20.79	3.69	-11.16
EBITDA, 1 Yr. Growth %	103.94	-0.42	-51.93	11.12	-77.82
EBITA, 1 Yr. Growth %	154.97	-4.82	-60	26.98	-93.77
EBIT, 1 Yr. Growth %	155.64	-5.74	-60.7	29.79	-94.24
Earnings From Cont. Operations, 1 Yr. Growth %	54.17	-15.52	-46.63	50.97	-68.7
Net Income, 1 Yr. Growth %	265.38	-73.93	-39.84	42.12	-65.86
Normalized Net Income, 1 Yr. Growth %	161.93	-23.63	-42.55	17.08	-70.02
Diluted EPS Before Extra, 1 Yr. Growth %	73.43	-17.37	-38.52	43.01	-65.85
Accounts Receivable, 1 Yr. Growth %	7.11	-1.08	-20.02	2.38	-21.09
Net Property, Plant and Equip., 1 Yr. Growth %	8.72	-7.11	-2.89	-4.82	2.15
Total Assets, 1 Yr. Growth %	18.67	-5	-1.6	9.97	-1.07
Tangible Book Value, 1 Yr. Growth %	41.91	0.87	1.17	5.13	0.8
Common Equity, 1 Yr. Growth %	41.89	0.81	1.04	5.05	0.77
Cash From Operations, 1 Yr. Growth %	0.09	-38.3	42.42	28.92	-135.19
Capital Expenditures, 1 Yr. Growth %	-10.15	37.69	-88.17	482.25	-48.17
Levered Free Cash Flow, 1 Yr. Growth %	62.85	-33.05	89.52	89.63	-226.07
Unlevered Free Cash Flow, 1 Yr. Growth %	62.98	-32.13	88.24	89.42	-224.43
Dividend Per Share, 1 Yr. Growth %	-	-	-44.44	20	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.01	31.9	-0.31	-9.37	-4.02
Gross Profit, 2 Yr. CAGR %	-2.01	31.9	-0.31	-9.37	-4.02
EBITDA, 2 Yr. CAGR %	10.16	42.51	-30.81	-26.91	-50.36
EBITA, 2 Yr. CAGR %	13.38	55.78	-38.3	-28.73	-71.88
EBIT, 2 Yr. CAGR %	13.25	55.23	-39.14	-28.58	-72.65
Earnings From Cont. Operations, 2 Yr. CAGR %	4.37	14.12	-32.85	-10.24	-31.26
Net Income, 2 Yr. CAGR %	89.42	-2.4	-60.4	-7.54	-30.35
Normalized Net Income, 2 Yr. CAGR %	19.33	41.44	-33.76	-17.99	-40.75
Diluted EPS Before Extra, 2 Yr. CAGR %	9.26	19.71	-28.73	-6.5	-30.09
Accounts Receivable, 2 Yr. CAGR %	55.49	2.93	-11.05	-9.51	-10.12
Net Property, Plant and Equip., 2 Yr. CAGR %	6.98	0.5	-5.02	-3.86	-1.39
Total Assets, 2 Yr. CAGR %	17.79	6.18	-3.32	4.02	4.31
Tangible Book Value, 2 Yr. CAGR %	23.16	19.64	1.02	3.13	2.94
Common Equity, 2 Yr. CAGR %	23.37	19.6	0.92	3.02	2.89
Cash From Operations, 2 Yr. CAGR %	45.58	-21.42	-6.26	35.5	-32.64
Capital Expenditures, 2 Yr. CAGR %	-73.99	11.23	-59.65	-17.02	73.72
Levered Free Cash Flow, 2 Yr. CAGR %	12.15	4.42	12.64	89.57	54.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	12.39	5.17	13.03	88.83	53.52
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-18.35	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.7	6.4	11.28	1	-9.97
Gross Profit, 3 Yr. CAGR %	3.7	6.4	11.28	1	-9.97
EBITDA, 3 Yr. CAGR %	21.56	6.52	-0.8	-18.97	-50.89
EBITA, 3 Yr. CAGR %	21.01	6.95	-0.98	-21.51	-68.38
EBIT, 3 Yr. CAGR %	20.92	6.53	-1.8	-21.66	-69.14
Earnings From Cont. Operations, 3 Yr. CAGR %	24.31	-2.73	-11.42	-12.03	-36.82
Net Income, 3 Yr. CAGR %	82.4	-2.2	-16.94	-39.37	-33.67
Normalized Net Income, 3 Yr. CAGR %	21.99	2.84	4.74	-19.91	-41.36
Diluted EPS Before Extra, 3 Yr. CAGR %	25.64	-0.45	-4.13	-10.27	-33.15
Accounts Receivable, 3 Yr. CAGR %	22.17	33.73	-5.37	-6.78	-13.55
Net Property, Plant and Equip., 3 Yr. CAGR %	8.56	2.06	-0.65	-4.95	-1.9
Total Assets, 3 Yr. CAGR %	16.18	9.64	3.52	0.92	2.3
Tangible Book Value, 3 Yr. CAGR %	19.29	15.23	13.14	2.37	2.35
Common Equity, 3 Yr. CAGR %	19.46	15.34	13.06	2.28	2.27
Cash From Operations, 3 Yr. CAGR %	23.74	9.35	-4.19	4.24	-13.55
Capital Expenditures, 3 Yr. CAGR %	46.92	-54.67	-47.31	-1.76	-29.06
Levered Free Cash Flow, 3 Yr. CAGR %	-17.01	-5.57	27.37	34	65.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	-16.96	-5	27.7	34.26	64.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.23	8.94	2.07	-0.21	4.89
Gross Profit, 5 Yr. CAGR %	5.23	8.94	2.07	-0.21	4.89
EBITDA, 5 Yr. CAGR %	23.81	18.28	-2.97	-8.38	-24.79
EBITA, 5 Yr. CAGR %	24.64	17.58	-7.57	-9.07	-40.16
EBIT, 5 Yr. CAGR %	24.87	17.4	-8.11	-9.21	-41.11
Earnings From Cont. Operations, 5 Yr. CAGR %	23.63	13.82	-2.83	-5.81	-19.96
Net Income, 5 Yr. CAGR %	62.94	11.79	-0.99	-4.37	-22.59
Normalized Net Income, 5 Yr. CAGR %	22.77	11.5	-4.45	-6.06	-16.6
Diluted EPS Before Extra, 5 Yr. CAGR %	21.59	12.63	0.15	-2.92	-15.6
Accounts Receivable, 5 Yr. CAGR %	12.14	9.07	7.61	14.39	-7.3
Net Property, Plant and Equip., 5 Yr. CAGR %	4.68	2.58	2.91	-0.35	-0.95
Total Assets, 5 Yr. CAGR %	15.96	12.88	7.95	7.36	3.83
Tangible Book Value, 5 Yr. CAGR %	17.8	15.38	11.61	10.23	8.94
Common Equity, 5 Yr. CAGR %	17.86	15.45	11.67	10.24	8.88
Cash From Operations, 5 Yr. CAGR %	113.48	-0.8	10.73	19.14	-16.79
Capital Expenditures, 5 Yr. CAGR %	55.54	-10.32	-12.38	-42.26	-15.08
Levered Free Cash Flow, 5 Yr. CAGR %	129.52	-15.69	-6.22	24.79	37.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	124.45	-15.44	-6.06	25.04	37.46