FINANCIAL STATEMENTS
Paradise Financial Statements
Consolidated
(Unit : KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Total assets | 3,471,796 | 3,511,524 | 3,618,279 | 3,933,768 | 4,080,365 |
| Current asset | 698,167 | 694,518 | 862,802 | 863,960 | 885,049 |
| Non-current asset | 2,773,630 | 2,817,006 | 2,755,477 | 3,069,808 | 3,195,316 |
| Total liability | 1,957,356 | 1,826,357 | 1,832,814 | 1,858,566 | 1,867,669 |
| Current liability | 483,278 | 1,174,094 | 690,670 | 668,182 | 755,450 |
| Non-current liability | 1,474,078 | 652,263 | 1,142,144 | 1,190,384 | 1,112,219 |
| Total equity | 1,514,440 | 1,685,167 | 1,785,465 | 2,075,203 | 2,212,696 |
Separated
(Unit: KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Total assets | 1,745,950 | 1,820,250 | 2,008,702 | 2,083,235 | 2,067,153 |
| Current asset | 502,835 | 340,348 | 518,049 | 435,837 | 401,294 |
| Non-current asset | 1,243,115 | 1,479,902 | 1,490,653 | 1,647,399 | 1,665,859 |
| Total liability | 803,975 | 754,658 | 922,754 | 848,663 | 811,265 |
| Current liability | 246,075 | 304,825 | 486,181 | 435,494 | 485,358 |
| Non-current liability | 557,900 | 449,834 | 436,573 | 413,169 | 325,907 |
| Total equity | 941,975 | 1,065,592 | 1,085,948 | 1,234,572 | 1,255,888 |
* Based on K-IFRS
Consolidated
(Unit: KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales | 414,466 | 587,637 | 994,199 | 1,072,109 | 1,149,867 |
| Casino | 162,933 | 190,581 | 415,012 | 402,725 | 419,408 |
| Hotel | 85,583 | 113,574 | 114,347 | 112,287 | 115,120 |
| Integrated Resort | 161,519 | 270,578 | 448,719 | 539,287 | 597,494 |
| Other | 4,430 | 12,904 | 16,120 | 17,810 | 17,845 |
| Cost of sales | 414,665 | 516,057 | 760,244 | 834,031 | 882,109 |
| Casino | 152,342 | 180,088 | 298,156 | 320,090 | 335,129 |
| Hotel | 78,772 | 92,998 | 95,523 | 96,229 | 100,334 |
| Integrated Resort | 177,847 | 233,769 | 352,936 | 402,531 | 430,014 |
| Other | 5,704 | 9,202 | 13,628 | 15,181 | 16,632 |
| Gross profit | (199) | 71,581 | 233,955 | 238,078 | 267,758 |
| SG & A | 55,047 | 61,169 | 88,185 | 102,023 | 111,942 |
| Operating profit | (55,246) | 10,412 | 145,770 | 136,055 | 155,816 |
| Financial profit | 4,492 | 11,942 | 28,882 | 24,348 | 14,879 |
| Financial expense | 64,497 | 66,947 | 70,591 | 72,879 | 63,026 |
| Non-operating profit | 92,809 | 103,166 | 34,133 | 46,810 | 45,158 |
| Non-operating loss | 43,443 | 28,440 | 46,694 | 33,521 | 17,528 |
| Pre-tax profit | (65,885) | 30,133 | 91,500 | 100,813 | 135,299 |
| Net profit | (78,564) | 15,811 | 80,184 | 110,693 | 144,781 |
Separated
(Unit: KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales | 167,042 | 202,690 | 430,017 | 419,285 | 436,774 |
| Casino | 162,933 | 190,581 | 415,012 | 402,725 | 419,408 |
| Other | 4,108 | 12,109 | 15,005 | 16,559 | 17,366 |
| Cost of sales | 157,831 | 190,224 | 310,806 | 334,368 | 351,475 |
| Casino | 152,141 | 181,085 | 299,935 | 321,361 | 336,748 |
| Other | 5,689 | 9,139 | 10,871 | 13,008 | 14,727 |
| Gross profit | 9,211 | 12,465 | 119,211 | 84,917 | 85,298 |
| SG & A | 27,931 | 32,330 | 49,438 | 40,363 | 47,345 |
| Operating profit | (18,720) | (19,865) | 69,773 | 44,553 | 37,953 |
| Financial profit | 3,689 | 10,848 | 14,350 | 17,689 | 14,079 |
| Financial expense | 20,157 | 19,142 | 23,282 | 29,605 | 23,265 |
| Non-operating profit | 13,430 | 90,334 | 17,234 | 146,002 | 18,807 |
| Non-operating loss | 112,673 | 24,080 | 40,132 | 26,685 | 9,435 |
| Pre-tax profit | (134,430) | 38,095 | 37,942 | 151,955 | 38,139 |
| Net profit | (120,637) | 26,155 | 31,695 | 143,730 | 26,290 |
* Based on K-IFRS
Consolidated
(Unit: KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Cash flows from operating activities | -35,129 | 63,758 | 287,641 | 195,930 | 223,865 |
| Cash flows from investing activities | -73,654 | 509,080 | -26,117 | -186,141 | -397,015 |
| Cash flows from financing activities | 74,552 | -194,972 | -60,915 | -122,714 | -63,143 |
| Effect of exchange rate change | -33,652 | 378,712 | 201,503 | -111,203 | -235,935 |
| Change in cash | 142,336 | 108,684 | 487,396 | 688,899 | 577,696 |
| Cash at beg of year | 108,684 | 487,396 | 688,899 | 577,696 | 341,761 |
Separated
(Unit: KRW mn)
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Cash flows from operating activities | -12,447 | -1,416 | 145,307 | 54,761 | 53,730 |
| Cash flows from investing activities | -114,629 | 364,201 | -90,427 | -142,566 | -100,291 |
| Cash flows from financing activities | 90,411 | -113,426 | 117,838 | -101,534 | -51,137 |
| Effect of exchange rate change | -36,423 | 249,810 | 173,256 | -188,386 | -97,393 |
| Change in cash | 93,129 | 56,706 | 306,516 | 479,772 | 291,386 |
| Cash at beg of year | 56,706 | 306,516 | 479,772 | 291,386 | 193,993 |
* Based on K-IFRS