SM Entertainment's Big Second Quarter: What's Driving the Growth?

Revenue and Sales

• Revenue up 19.3% to 302.9 billion KRW
• Album sales surge:
• RIIZE's "Odyssey": 1.93 million copies
• NCT WISH's mini-album: 1.34 million copies
• aespa's "Dirty Work": 900,000 units
• Total album sales: 5.79 million units

Concert Revenue

• Down 1.9% year over year
• Notable concerts:
• SMTOWN's 30th anniversary shows
• Performances by TVXQ!, NCT 127, Ten, NCT WISH, and SHINee

Merchandise and Licensing

• Up 39.6% due to:
• Concert merchandise
• NCT WISH exhibition
• RIIZE character event

Profitability

• Operating profit up 47.3%
• Net income nearly tripled

CEO's Statement

• Focus on long-term growth
• Building IP portfolio
• Ensuring success for both old and new IPs

Subsidiary Performance

• SM Entertainment Japan and DREAM MAKER: Big revenue increases
• SM Culture & Concerts and KEYEAST: Revenue decreases

Looking Ahead

• Busy release schedule for the rest of the year
• Upcoming tours to sustain growth