Press Release
January 30, 2004
Daum announces financial results for FY 2003 and Q4 03
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* Total revenues for 4Q03 recorded KRW 42.5 billion (+12.1% QoQ, + 64.9% YoY). Total revenues forthe twelve months ended December 31, 2003 recorded KRW 142.3 billion increased by 86.0%, compared to the same period in 2002.
* Online Advertising revenues for 4Q03 totaled KRW 21.9 billion (+8.0% QoQ, + 59.3% YoY). Online advertising revenues for the twelve months ended December 31, 2003 was KRW 74.6 billion, up 86.5% YoY.
* Transactional Services revenues for 4Q03 totaled KRW 10.0 billion (+19.8% QoQ, + 49.0% YoY). Transactional services revenues for the twelve months ended December 31, 2003 was KRW 33.7 billion, up 59.7% YoY.
* Online Shopping for 4Q03 recorded KRW 10.7 billion (+14.1% QoQ, + 98.8% YoY). Online shopping revenues for the twelve months ended December 31, 2003 was KRW 34.0 billion, up 121.0% YoY. (Gross Merchandise Sales for 4Q03 was KRW 79.9 billion, increased 18.4% QoQ and 41.1% YoY and GMS for the twelve months ended December 31, 2003 was KRW 266.5 billion, increased 62.4% YoY)
* Gross profits for 4Q03 marked KRW 24.7 billion (+14.5% QoQ, +72.5% YoY). Gross profits for the twelve months ended December 31, 2003 recorded KRW 83.3 billion, increased 123.3% compared to the same period in 2002.
* Operating income for 4Q03 recorded KRW 10.6 billion (+1.6% QoQ, +54.3% YoY). Operating income for the twelve months ended December 31, 2003 recorded KRW 38.9 billion, increased 155.4% compared to the same period in 2002.
* Recurring profits for 4Q03 were KRW 6.3 billion (-38.7%QoQ, +180.6% YoY). Recurring profits for the twelve months ended December 31, 2003 was KRW 31.3 billion, increased 587.4% compared to the same period in 2002.
* EBITDA for 4Q03 recorded KRW 15.2 billion (+2.6% QoQ, 43.6% YoY), and EBITDA for the twelve months ended December 31, 2003 was KRW 55.9 billion, up 89.6%, compared to the same period in 2002.
* Net income for 4Q03 recorded KRW 11.7 billion (+73.1% QoQ, +1,160.3% YoY), and net income for the twelve months ended December 31, 2003 was KRW 55.9 billion, up 877.9%, compared to the same period in 2002.
* Online Advertising revenues for 4Q03 totaled KRW 21.9 billion (+8.0% QoQ, + 59.3% YoY). Online advertising revenues for the twelve months ended December 31, 2003 was KRW 74.6 billion, up 86.5% YoY.
* Transactional Services revenues for 4Q03 totaled KRW 10.0 billion (+19.8% QoQ, + 49.0% YoY). Transactional services revenues for the twelve months ended December 31, 2003 was KRW 33.7 billion, up 59.7% YoY.
* Online Shopping for 4Q03 recorded KRW 10.7 billion (+14.1% QoQ, + 98.8% YoY). Online shopping revenues for the twelve months ended December 31, 2003 was KRW 34.0 billion, up 121.0% YoY. (Gross Merchandise Sales for 4Q03 was KRW 79.9 billion, increased 18.4% QoQ and 41.1% YoY and GMS for the twelve months ended December 31, 2003 was KRW 266.5 billion, increased 62.4% YoY)
* Gross profits for 4Q03 marked KRW 24.7 billion (+14.5% QoQ, +72.5% YoY). Gross profits for the twelve months ended December 31, 2003 recorded KRW 83.3 billion, increased 123.3% compared to the same period in 2002.
* Operating income for 4Q03 recorded KRW 10.6 billion (+1.6% QoQ, +54.3% YoY). Operating income for the twelve months ended December 31, 2003 recorded KRW 38.9 billion, increased 155.4% compared to the same period in 2002.
* Recurring profits for 4Q03 were KRW 6.3 billion (-38.7%QoQ, +180.6% YoY). Recurring profits for the twelve months ended December 31, 2003 was KRW 31.3 billion, increased 587.4% compared to the same period in 2002.
* EBITDA for 4Q03 recorded KRW 15.2 billion (+2.6% QoQ, 43.6% YoY), and EBITDA for the twelve months ended December 31, 2003 was KRW 55.9 billion, up 89.6%, compared to the same period in 2002.
* Net income for 4Q03 recorded KRW 11.7 billion (+73.1% QoQ, +1,160.3% YoY), and net income for the twelve months ended December 31, 2003 was KRW 55.9 billion, up 877.9%, compared to the same period in 2002.
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