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Earnings Summary. Revenue grew 17.7% YoY, 5.6% QoQ driven by growth in Commerce, Fintech and Contents*. Adjusted EBITDA increased 19.1% YoY, 5.5% QoQ to mark record high, driven by company wide cost reduction efforts, Webtoon returning to EBITDA positive, and further expansion of Poshmark’s profitability. bn KRW 2Q22 3Q22.
2021 YoY 35.4%↑. The number of Brandstores marked 617, 4Q GMV increased 110% YoY, with annual GMV recording 1.9 trillion KRW. Shopping LIVE GMV rose 4.7x YoY. Live shows with over 100 million KRW GMV posted 39% QoQ growth. Monthly average new Smartstore sellers recorded 28k, well above the pre-COVID level. Fintech Pay service, Digital Finance ...
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continued communication with shareholders and investors via diverse channels. In addition to shareholder value, NAVER will do its best to fulfill corporate social responsibilities, including active participation in global initiatives to overcome COVID-19-induced difficulties. I look forward to the continued interest and support of all
Inside Director. NAVER Corporation, Head of Global Business Support. Yulchon LLC, Attorney, M&A / Capital Markets / Corporate Governance. NAVER Corporation (Formerly NHN), Communications and Marketing. Harvard Law School, LL.M. Yonsei University, Graduate School of Law. Mar. 2022/.
NAVER Corporation Opinion We have audited the accompanying consolidated financial statements of NAVER Corporation and its subsidiaries (collectively referred to as the “Group”), which comprise the consolidated statements of financial position as at December 31, 2021 and 2020 and the consolidated statements of comprehensive
Earnings Summary. Operating revenue rose YoY 26.9%, as all business lines posted strong growth backed by NAVER’s symbiotic ecosystem. Adjusted EBITDA increased 30.9% YoY, recording all-time high for the fourth consecutive quarter. (bn KRW) 3Q20 4Q20 1Q21 2Q21. 3Q21 Y/Y Q/Q.
The total number of outstanding shares is 164,813,395 shares following the stock split (par value 500 KRW → 100 KRW) in Oct 2018.
