HYBE MADE HALF A BILLION WON IN THE 2ND QUARTER (THEIR BIGGEST QUARTER YET)

HYBE 2Q 2022 Results:

Revenue: 512.2B (⬆️83.8%)

Op Profit: 88.3B (⬆️215.3%)

Net Profit: 93B (⬆️359.3%)

Direct participation sales due to album releases and performances accounted for approx 64% of total sales at 325.9B. Of the direct participation revenue, sales in the album sector were the highest at 201.9B, up 226.2% from the previous quarter and 97.1% YOY.

HYBE Label artists sold 8.53 million albums in 2Q, accounting for 42% of the total album sales on the Circle Chart. If the field is narrowed to the top 4 Ent companies, this represents 63% market share.

Performance sector revenue was 85B. BTS LV concerts and SVT Seoul concerts are reflected in 2Q numbers. MD sales and licensing revenue was 98.8B spurred by world tour. &Audition, Japanese boy group, is expected to debut in 4Q. Hybe will debut new groups in 2023

Hive said, "This good performance is the result of the fact that BTS, the undisputed best artist, followed by Seventeen, Tomorrow by Together, and N-Hyphen, who grew up under the multi-label system, became top-notch artists." All of these artists have risen to the ranks of the million-seller artists who have sold more than 1 million albums, and have resumed performing activities with Endemic.

Source: https://m.stock.naver.com/dome…99801/0090004999801/title

Of course, a great majority of this sales came from BTS-related activities such as their high priced album sales, strong digital sales & discography, a successful tour in Las Vegas, strong merch sales and their overall high brand value.

Again, they paved the way 💲💲💲

Note: Will share the financial statement later once HYBE released theirs.

Quote from Yinye

Also saw that someone asked about the Weverse albums and they confirmed that it was due to ‘testing’ their new sustainability initiative. I was trying to explain this when I first joined the forum.

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Yet it's Hobi who made this decision 🤡 And not HYBE being a hypocrite mf. Once again, we 'mantis' (or whatever the fuck company stans called us) are right 😂

EARNINGS STATEMENT

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Quote from beatrixavier

Now give the half to Bangtan and were good!!!

We wish it's that easy lol. Still, if BTS contributed 310B won and they get somewhere 27% - 30% of sales, then they'd still end up with 84B won - 93B won earnings before tax ONLY for 3 months of work. I'd say not totally bad (lmao 😁) since they'd been inactive except the LV concert for the 2nd quarter. It's a good indicator that BTS will keep making a lot of money despite not participating in many activities. Their brand value and army's loyalty & spending power is just high.