HYBE

Launch date

2005

Employees

1001-5000 people

Market cap

Enterprise valuation

$5.8b (Public information from Sep 2024)

Company register number 1208678223

Seoul South Korea (HQ)

https://hybecorp.com/

https://twitter.com/hybeofficialtwt https://www.linkedin.com/company/big-hit-entertainment/

Revenues, earnings & profits over time

KRW	2020	2021	2022	2023	2024	2025	2026
Revenues	796.3b	1.3t	1.8t	2.2t	2.2b	2.7b	3.1b
% growth	36 %	58 %	41 %	23 %	(100 %)	23 %	15 %
EBITDA	168.1b	303.7b	373.8b	566.3b	374m	523m	611m
% EBITDA margin	21 %	24 %	21 %	26 %	17 %	19 %	19 %
Profit	85.7b	136.8b	52.3b	187.3b	195m	306m	383m
% profit margin	11 %	11 %	3 %	9 %	9 %	11 %	12 %
EV / revenue	0.0x	0.0x	-	-	3.2x	2.5x	2.0x
EV / EBITDA	0.0x	0.1x	0.0x	0.0x	19.1x	12.9x	10.3x
R&D budget	1.7b	2.8b	5.0b	4.5b	-	-	-

Date	Investors	Amount	Round
Apr 2018	Netmarble	N/A	Seed
Oct 2018*	Stic Investment	$90.9m	Growth Equity VC
Oct 2020	N/A	N/A	IPO
Dec 2021	N/A	KRW10.0m	Angel
Mar 2022*	Snow Corporation	N/A	Acquisition
Total Funding		$90.9m

By Country

South Korea 8 Japan 1 United States 1 Indonesia 1

By Industry

Media 5 Gaming 3 Music 2 Fashion 1 Enterprise Software 1

By Round

ACQUISITION 3 NOT SET 2 SERIES B 2 POST IPO EQUITY 2 LATE VC 1 EARLY VC 1 SECONDARY 1

S.M.Entertainment

exited

ACQUISITION by HYBE Feb 2023

Naver Z (ZEPETO)

ACQUISITION by HYBE Aug 2023

Quality Control Music

ACQUISITION by HYBE Feb 2023