Wemade
위메이드 · 112040
Information Technology Software · KOSDAQ
Market cap US$611.2M (₩843.4B)
Overview
Wemade develops and distributes online and mobile video games, with titles spanning massively multiplayer role-playing games and casual puzzle games played by consumers in South Korea and internationally.
Its games are available on both PC and mobile platforms, including cross-play titles such as Mir Four and Night Crow. Listed on KOSDAQ, Korea's tech-focused stock exchange, the company also operates a blockchain platform business and licenses its core intellectual property, particularly the Legend of Mir franchise, to partner studios, making IP licensing a significant and distinct revenue stream alongside game publishing.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$438.6M
- FY2024US$515.8M
- FY2025US$445M
Operating profit
- FY2023−US$80M
- FY2024US$5.1M
- FY2025US$7.7M
Net income
- FY2023−US$149.8M
- FY2024US$131.6M
- FY2025−US$19.6M
Key ratios (FY2025)
Why it matters
Wemade manages its Legend of Mir IP through a dedicated subsidiary, Jeongi IP, established specifically to handle licensing of that franchise in the Chinese game market.
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