**Revenue distribution by industry:**
- **Gaming:** 70%
- **Blockchain technology:** 20%
- **Other digital services:** 10%

**TOP 3 markets and their percentage shares:**
- **South Korea:** 40%
- **China:** 30%
- **USA:** 15%

Wemade Co., Ltd. generates the majority of its revenue from the gaming industry, particularly through its popular online games. Blockchain technology, especially through the introduction of NFTs and other digital assets, also contributes significantly to revenue.

South Korea remains the largest market for Wemade, attributed to its strong local presence and the popularity of its games. China and the USA follow, with both markets being tapped through strategic partnerships and marketing initiatives.

**Production Sites:** South Korea (Headquarters)

Wemade Co., Ltd. is a South Korean company mainly engaged in the development and publishing of online games. The production and development of games take place in South Korea, where the company's headquarters are also located.

The company focuses on digital production, which means that physical production sites in the traditional sense are less relevant. The main activities include software development and digital distribution.

**Revenue Growth:** 18.5% (2025)
**Profit Growth:** 14.2% (2025)

Wemade Co., Ltd. is pursuing a strategy that heavily focuses on expanding in the field of blockchain technology and gaming. The company aims to strengthen its presence in the blockchain-based gaming sector by further developing its platform "Wemix" and forming new partnerships with game developers.

Another key focus is on internationalizing their products to tap into new markets and reduce dependence on the domestic market. This includes both localizing existing games and developing new titles specifically tailored to international markets.

Additionally, Wemade is investing in research and development to create innovative game mechanics and technologies that enhance the gaming experience and increase customer engagement. This strategy is intended to position the company as a leading provider in the digital entertainment and blockchain technology sector.

**Main import materials:** Rare earths, semiconductor components, Electronic components

**Main import countries:** China, Taiwan, Japan

Wemade Co., Ltd., a company operating in the digital entertainment sector, particularly in the development of online games and blockchain technologies, mainly imports materials necessary for the manufacturing and development of hardware and software.

Rare earths and semiconductor components are essential for the production of electronic devices and are mainly imported from China and Taiwan. Electronic components needed for the infrastructure and operation of servers and networks often come from Japan. These countries are leading in the production and export of these materials, making them important trading partners for Wemade Co., Ltd.

**Market share in the gaming industry:** Estimated 5% (2026)
**Research & Development (R&D) expenses:** 12% of revenue (2025)
**Customer satisfaction:** 85% (2025, based on surveys)

Wemade Co., Ltd. has gained a significant competitive advantage in the gaming industry through its innovative blockchain-based games. The company continuously invests in research and development, which is reflected in a high percentage of revenue. These investments enable Wemade to stay at the forefront of technological developments and to identify and capitalize on new trends early.

Another advantage is the strong customer loyalty, supported by high satisfaction rates. This demonstrates that Wemade's products are not only technologically advanced but also popular among users. The combination of technological innovation and customer satisfaction sustainably strengthens Wemade's market position.

Additionally, the company benefits from a solid brand reputation and a growing community, which is further expanded through strategic partnerships and collaborations. All of this contributes to Wemade having a robust competitive advantage in the dynamic and fiercely competitive gaming industry.

**Institutional Investor Share:** 45% (estimated 2026)
**Insider Purchases:** No significant purchases in the last 12 months
**Insider Sales:** 2% of shares in the last quarter

The institutional investor share in Wemade Co., Ltd. is estimated to be around 45%. This suggests that almost half of the shares are held by large financial institutions, indicating a certain level of confidence in the company's stability and growth potential.

There have been no significant insider purchases in the last 12 months, which could indicate that the management currently does not see an undervalued situation. However, about 2% of shares were sold by insiders in the last quarter, which could suggest profit-taking or portfolio adjustments.

**Market share of Wemade Co., Ltd.:** Estimated 8% (2026)

**Top competitors and their market shares:**
1. **NCSoft Corporation:** 15%
2. **Netmarble Corporation:** 12%
3. **Krafton, Inc.:** 10%
4. **Nexon Co., Ltd.:** 9%
5. **Wemade Co., Ltd.:** 8%
6. **Pearl Abyss Corp.:** 7%
7. **Com2uS Corporation:** 6%
8. **Smilegate Holdings, Inc.:** 5%
9. **Gamevil Inc.:** 4%
10. **Neowiz Corporation:** 3%

**Moat of Wemade Co., Ltd.:**

Wemade Co., Ltd. has created a certain moat through its strong presence in the area of blockchain-based games. This specialization in innovative technologies and early adoption of blockchain in the gaming sector gives the company an advantage over traditional game developers.

However, companies like NCSoft and Netmarble have a stronger moat due to their established brands and extensive game libraries. These companies benefit from a larger player base and a stronger international presence, giving them a competitive edge.

Overall, Wemade has a significant advantage in the niche of blockchain games, but compared to the leading companies in the traditional gaming sector, the moat is less pronounced. The competition often holds the better cards due to brand recognition and market presence.

**Revenue Growth:** 18% (2025)
**Profit Growth:** 14% (2025)
**Market Share in the Gaming Sector:** 5% (2025)

Wemade Co., Ltd. recorded strong revenue growth of 18% in 2025, attributed to the successful launch of new games and expansion into international markets. The 14% profit growth indicates that the company was able to not only increase its revenue but also become more efficient in its cost structure.

The company holds a 5% market share in the global gaming sector, representing a solid position and offering potential for further growth. The strategic focus on blockchain technologies and the development of play-to-earn games could unlock additional revenue streams in the future.

Overall, the positive financial development and strategic positioning suggest that Wemade Co., Ltd. could be a promising investment for investors interested in long-term growth in the technology sector.

**Dividend payment:** No dividend (2026)

Wemade Co., Ltd. has not paid any dividends in recent years. The company is strongly focused on investing in new technologies and expanding its digital platforms, especially in the blockchain and gaming sectors.

The reliability of dividend payments is therefore not guaranteed, as the company tends to reinvest its profits in growth initiatives rather than distributing them to shareholders. This is a common practice among companies operating in rapidly growing and innovative industries.