Studio Dragon

스튜디오드래곤 · 253450

Communication Services Media · KOSDAQ

Small-cap

Market cap US$562M (₩775.5B)

Overview

Studio Dragon develops and produces Korean television dramas, supplying finished series to domestic broadcasters, streaming and media platforms, and overseas markets.

It also earns ancillary revenue from indirect advertising, soundtracks, merchandise, and talent management tied to its productions. Listed on KOSDAQ, Korea's tech and small-cap exchange, the company derives the large majority of its revenue from distributing dramas, both domestically and internationally, rather than from broadcast scheduling fees alone.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$384.6M

▼ −3.5% YoY

Operating profit · FY2025

US$22M

▼ −16.6% YoY

Net income · FY2025

US$7.5M

▼ −69.2% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$545.8M(₩753.1B)	US$398.6M(₩550.1B)	US$384.6M(₩530.7B)
Operating profit	US$40.5M(₩55.9B)	US$26.4M(₩36.4B)	US$22M(₩30.4B)
Net income	US$21.8M(₩30.1B)	US$24.3M(₩33.5B)	US$7.5M(₩10.3B)

Revenue

FY2023US$545.8M
FY2024US$398.6M
FY2025US$384.6M

Operating profit

FY2023US$40.5M
FY2024US$26.4M
FY2025US$22M

Net income

FY2023US$21.8M
FY2024US$24.3M
FY2025US$7.5M

Key ratios (FY2025)

ROE

1.3%

Debt/Eq

29.3%

Op. margin

5.7%

Net margin

1.9%

Rev. YoY

▼ −3.5%

Why it matters

The company operates through a parent entity and nine consolidated subsidiaries, giving it an integrated structure that spans drama development, production, and distribution under one group.

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