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Dec 31, 2024
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SK Telecom Q4 2024 Earnings Report
SK Telecom reported a slight revenue decline but significant net income growth in Q4 2024.
Key Takeaways
SK Telecom reported a slight decline in Q4 2024 revenue, while operating income fell 14.4% year-over-year. However, net income surged 138.2%, driven by business efficiencies and AI-related growth.
Q4 revenue was KRW 4.5115 trillion, down 0.3% YoY.
Operating income declined 14.4% YoY to KRW 254.1 billion.
Net income surged 138.2% YoY to KRW 446.5 billion.
AI-related businesses drove revenue growth, with AI-related revenue increasing 19% YoY.
Revenue by Segment
Forward Guidance
SK Telecom plans to expand its AI business globally while improving operational efficiency.
Positive Outlook
- Expansion of AI Infrastructure Superhighway via global partnerships.
- Launch of AI-powered services like 'A. Phone' and AI call features.
- Growth in AI cloud and AI B2B solutions, supporting revenue diversification.
- Further collaboration with global AI firms like Anthropic and Perplexity.
- Continued focus on monetizing AI with new global launches.
Challenges Ahead
- Revenue decline in Q4 due to market challenges.
- Operating income decline due to increased investment in AI initiatives.
- High competition in AI and telecom markets.
- Uncertainty in global macroeconomic conditions affecting demand.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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