MegaStudyEdu (215200) Q2 2026 earnings summary

Executive summary

• Delivered consolidated revenue of KRW 441.3 billion for H1 2026, up slightly from KRW 438.7 billion in H1 2025, with net income attributable to owners at KRW 43.5 billion, down from KRW 85.3 billion in FY2025.

• Operating income for H1 2026 was KRW 54.4 billion, compared to KRW 58.9 billion in H1 2025.

• Interim cash dividend of KRW 1,000 per share was declared, totaling KRW 10.35 billion.

Financial highlights

• Gross profit for H1 2026 reached KRW 248.1 billion, with a gross margin of 56.3%.

• Net income for H1 2026 was KRW 43.9 billion, with basic EPS of KRW 4,197.

• Total assets at June 30, 2026, were KRW 955.8 billion, with total equity of KRW 527.6 billion.

• Cash and cash equivalents at period end were KRW 43.8 billion.

Outlook and guidance

• The company targets a 60% payout ratio of separate net income for 2024–2026 via dividends and share buybacks.

• Ongoing focus on operational efficiency, digital transformation, and expansion in AI/EdTech and lifelong learning sectors.