ME2ZEN Limited

950190 · KQ · Communication Services / Electronic Gaming & Multimedia

8,670.00KRW+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close8,670.00

Open8,510.00

Day Range8,410.00 – 8,690.00

52-Week Range6,920.00 – 12,460.00

Volume2.72K

Market Cap126.53B

P/E (TTM)0.00

Forward P/E0.00

Dividend Yield5.70%

Beta0.23

50-Day Avg9,488.00

200-Day Avg8,692.95

About

Ghost Studio Co., Ltd., an entertainment company, develops and produces games, webtoons, dramas, and movies worldwide. The company develops mobile/PC games, such as casual games and casual slots. It also engages in content production and publishing of various genres of webtoons, dramas, and movies. Ghost Studio Co., Ltd. was formerly known as ME2ZEN Limited and changed its name to Ghost Studio Co., Ltd. in October 2023. The company was founded in 2016 and is based in Kowloon, Hong Kong.

Company Details

SectorCommunication Services
IndustryElectronic Gaming & Multimedia
CEOMr. Chang-Wook Son
HeadquartersFlatd1,36/F,Monterypl, Kowloon, Hong Kong, Korea
Websitehttps://www.ghoststudio.net

Leadership

Mr. Chang-Wook SonCo-CEO & Chairman of the Board · b. 1976
Mr. Myunggyu ChoiCo-Chief Executive Officer · b. 1980
Jong Won SungCFO & Director · b. 1976

Financials

Income Statement

Currency: KRW	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	98.12B	99.13B	85.75B	112.52B
Growth (%)	-	+1.04%	-13.50%	+31.23%
Cost of Revenue	32.80B	38.78B	41.91B	68.33B
Gross Profit	65.32B	60.35B	43.84B	44.19B
Gross Margin	66.57%	60.88%	51.12%	39.27%
Operating Expense	35.98B	35.24B	28.42B	28.86B
Operating Income	29.34B	25.11B	15.41B	15.33B
Operating Margin	29.90%	25.33%	17.98%	13.62%
EBITDA	32.65B	28.83B	15.85B	13.95B
EBITDA Margin	33.28%	29.08%	18.48%	12.40%
Net Income	25.86B	22.06B	8.56B	8.51B
Net Income Margin	26.36%	22.25%	9.99%	7.56%
Interest Expense	136.39M	250.01M	334.17M	308.68M
Interest Expense % of Total Revenue	0.14%	0.25%	0.39%	0.27%

Balance Sheet

Currency: KRW	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	123.46B	166.11B	191.94B	174.47B
Total Liabilities	8.69B	13.11B	34.72B	15.88B
Total Equity	112.61B	149.86B	154.56B	156.17B
Cash	77.87B	36.95B	32.52B	20.66B

Cash Flow

Currency: KRW	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	28.51B	22.65B	23.62B	20.71B
Capital Expenditure	542.51M	6.29B	1.43B	424.96M
Free Cash Flow	27.96B	16.35B	22.19B	20.29B
Dividends Paid	28.05B	1.11B	10.36B	6.53B
FCF to OCF	98.10%	72.22%	93.93%	97.95%
Dividend Paid to FCF	100.30%	6.82%	46.70%	32.20%

Key Statistics & Ratios

Market Cap126.53B

Enterprise Value39.63B

Trailing P/E0.00

Forward P/E0.00

Price / Sales1.11

Price / Book0.77

Revenue (TTM)114.43B

Gross Profit (TTM)45.71B

EBITDA19.28B

Profit Margin8.29%

Operating Margin21.99%

Return on Equity5.65%

Return on Assets5.12%

Shares Outstanding13.02M

Shares Float5.85M

Beta0.23

Dividend Yield5.70%

Dividend Rate554.00

Payout Ratio76.63%

Dividends

20251×

554.00Dec 29, 2025

20241×

477.00Dec 27, 2024

20231×

678.00Dec 27, 2023

20222×

90.00Dec 28, 20221217.00Jul 28, 2022

20211×

945.00Dec 29, 2021

20201×

1152.00Dec 29, 2020