Me2On

미투온 · 201490

Information Technology Software · KOSDAQ

Small-cap

Market cap US$56.2M (₩77.6B)

Overview

Me2On develops and operates web and mobile social-casino games, digital card and casino-style games played for entertainment rather than real money, as well as blockchain-based play-to-earn mobile games, and publishes webtoons (digital comics) and web novels through its subsidiaries.

Its games reach players globally, including markets in North America, China, and beyond, while its content businesses serve readers of digital comics and serialized fiction. Listed on KOSDAQ, Korea's tech-focused small-cap exchange, the group operates across game development, game publishing, webtoon and web-novel production, and entertainment management through a parent-and-subsidiary structure.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$87.6M

▲ +28.2% YoY

Operating profit · FY2025

US$9.1M

▲ +6.8% YoY

Net income · FY2025

US$2.7M

▼ −8.4% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$79M(₩109B)	US$68.3M(₩94.3B)	US$87.6M(₩120.9B)
Operating profit	US$16M(₩22.1B)	US$8.6M(₩11.8B)	US$9.1M(₩12.6B)
Net income	US$12.6M(₩17.4B)	US$2.9M(₩4B)	US$2.7M(₩3.7B)

Revenue

FY2023US$79M
FY2024US$68.3M
FY2025US$87.6M

Operating profit

FY2023US$16M
FY2024US$8.6M
FY2025US$9.1M

Net income

FY2023US$12.6M
FY2024US$2.9M
FY2025US$2.7M

Key ratios (FY2025)

ROE

1.5%

Debt/Eq

9.4%

Op. margin

10.4%

Net margin

3.1%

Rev. YoY

▲ +28.2%

Why it matters

Me2On sits at the top of a multi-layer group: its subsidiary Ghost Studio owns further subsidiaries including Metoon&Novel and Bluepic, making Me2On a de facto holding company over several content businesses.

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