ASTORY Co., Ltd.

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ASTORY Co., Ltd. - overview

Established

2004

Location

Seoul, -, South Korea

Primary Industry

Media

About

Based in South Korea, ASTORY Co. , Ltd. specializes in producing diverse multimedia content, including films, television series, and documentaries, aimed at delivering impactful storytelling to global audiences. ASTORY Co.


, Ltd. is a content studio based in Seoul, South Korea, founded in 2004. The company has undergone strategic pivots and has completed four deals as of July 2019. It has not been noted as a subsidiary of any parent company.


The founder's background information is not available. Astory operates as a global content studio that focuses on creating innovative, emotionally resonant content that transcends entertainment to deliver deeper messages. The company’s main offerings include a diverse range of multimedia products such as films, television series, documentaries, and digital content, designed to engage audiences across various platforms. Targeted at entertainment consumers, Astory endeavors to address the growing demand for high-quality, relatable storytelling that appeals to a wide demographic.


The company’s content is distributed internationally, reaching markets in North America, Europe, and Asia, thereby catering to a global audience while also tapping into local narratives that resonate with specific cultural contexts. Astory's revenue generation model includes partnerships with various distribution channels, focusing on both B2B and direct-to-consumer transactions. The company engages in collaborative projects with streaming services, broadcasters, and production companies, often structured around licensing agreements and co-productions. These transactions typically involve negotiated fees based on the scope and reach of the content produced.


While specific pricing plans for individual services or products are not disclosed, the revenue is derived from a combination of upfront payments for content creation, ongoing royalties from distribution, and potential profit-sharing arrangements. This multi-faceted approach allows Astory to maximize its revenue potential while ensuring its content reaches a broad audience effectively. In July 2019, ASTORY Co. , Ltd.


raised KRW 26. 74 billion in an IPO, selling 1. 87 million shares at KRW 14,300 apiece, within the expected KRW 11,600-14,300 price range on the KOSDAQ. The company plans to leverage this capital for the development of new multimedia projects aimed at enhancing its content portfolio.


Future expansions are slated to target additional markets in Europe and Asia by 2025, with an emphasis on localized content to better connect with regional audiences.


Current Investors

SBI Investment Korea, Shinhan Venture Investment, Bokwang Venture Capital

Primary Industry

Media

Sub Industries

Television & Film

Website

www.astory.co.kr

Company Stage

Mature

Total Amount Raised

Subscriber access only

ASTORY Co., Ltd. - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)18,998,058,27327,320,774,68520,123,970,02746,446,059,71328,238,091,27322,095,888,38058,860,400,089---
% Revenue Growth (YoY)-43.8%(26.3%)130.8%(39.2%)(21.8%)166.4%---
EBITDA (USD)1,385,409,817919,032,584(2,703,571,612)4,640,412,947279,319,935(591,701,004)7,011,974,771---
Operating Income (USD)1,373,672,095904,765,038(2,725,751,780)1,185,323,264(1,073,302,148)(877,118,696)6,927,688,603---
Operating Margin7.2%3.3%(13.5%)2.6%(3.8%)(4.0%)11.8%---
% EBITDA Margin7.3%3.4%(13.4%)10.0%1.0%(2.7%)11.9%---
NET Income (USD)1,208,914,188700,522,301(2,447,535,655)2,319,967,693(1,184,914,795)(7,381,011,696)17,028,297,378---
% Net Margin6.4%2.6%(12.2%)5.0%(4.2%)(33.4%)28.9%---
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