[Click eStock] "SAMG Enter, Plans to Release More Than 4 IPs in the Second Half"

The Korea IR Association announced on the 1st that SAMG Entertainment is expected to launch more than four intellectual property (IP) titles domestically in the second half of the year.

SAMG Entertainment, established in 2000, is a specialized 3D kids animation production company. Its major IPs include "Mini Force," targeted at boys and aired since 2014, and "Catch Teenieping," launched in 2020 and currently ranked number one in preference among girls. The company generates diverse revenue streams through character IPs and 3D animation production capabilities, including merchandise, products, content production, licensing, and services.

On the same day, Cha Yoon-seok, a researcher at the Korea IR Association, stated in a report, "Starting with the domestic release of the movie 'Love's Hatchuping' in the second half of the year, 4 to 5 IPs are scheduled to be launched." He introduced "'Love's Hatchuping' as the first theatrical animation film in the Catch Teenieping series, a prequel depicting the first meeting between Romi and Hatchuping as they search for their destined soulmates."

Researcher Cha added, "The company plans to create synergy effects by selling about 10 types of planned MD products in collaboration with GS Retail and others, and the movie is also scheduled to be released in China." He further mentioned, "In addition, the launch and airing of new IPs in the second half of the year, including 'Wish Cat,' 'Metal Cardbot Season 2,' 'Catch Teenieping Season 5,' and 'Mini Force Tokusatsu (planned),' are planned."

He projected, "The 2024 performance is expected to reach sales of 117.2 billion KRW (a 23.2% increase from the previous year) and an operating loss of 13.7 billion KRW (continuing deficit)." He anticipated that "various new IPs released domestically and overseas in the second half of the year will drive sales growth."

He continued, "In terms of profit, operating losses are expected to widen until the third quarter due to the gradual depletion of accumulated inventory. However, profitability is expected to improve from the fourth quarter, the peak season including Christmas, and from 2025, there is potential for a turnaround due to leverage effects from the growth of new IPs."

This content was produced with the assistance of AI translation services.