According to a financial analysis report of Cube Entertainment by DART Financial Supervisory Service, girl group (G)I-DLE is expected to make a comeback in the 3rd quarter of 2021.
First, the DART financial analysis report highlighted Cube Entertainment's positive performance in the 1st quarter of 2021, boosted by (G)I-DLE's comeback promotions with 'HWAA' earlier this year. In the 1st quarter, Cube Entertainment recorded a total sales amount of 16.3 billion KRW (~ $14.2 million USD), and a business profit of 2.2 billion KRW (~ $2 million USD). The company's 2nd quarter performance is also expected to be positive due to (G)I-DLE member Soyeon's solo promotions, plus more.
The financial analysis report also stated that (G)I-DLE will resume their group activities with a comeback in the 3rd quarter of 2021. Cube Entertainment's newest rookie group LIGHTSUM is also expected to continue their activities with a comeback. Lastly, BTOB member Sungjae is slated to return from his mandatory military service duties in November of this year, with various variety program and drama offers already rolling in.
Meanwhile, Cube Entertainment's Japanese cosmetic company 'VT Cube Japan' is also projected to bring in cash flow for the agency beginning in the second half of 2021, with sales of 'VT Cosmetics' products increasing via Japan's offline market. Cosmetic company VTGMP (VT Bio Medical), the parent company of 'VT Cosmetics', previously became the largest shareholder of Cube Entertainment (currently at 34.28%), promising to strengthen the entertainment agency's management system.