[News Space=Reporter seungwon lee] Singer Lim Young-woong (32) was found to have earned over 20 billion won last year alone.

According to the Fish Music audit report in the Financial Supervisory Service's electronic disclosure system on the 23rd, Lim Young-woong received a total of approximately 23.4 billion won from his agency Fish Music last year.

According to the audit report, the income that Lim Young-woong received from Fish Music is the sum of approximately 19.3 billion won in settlement money (service fees), 3.1 billion won in unpaid settlement money that Fish Music has not yet paid, and 1 billion won in dividends for Lim Young-woong.

Lim Young-woong received approximately 14.3 billion won in 2022 settlement and dividends (estimated at 750 million won). This is a 59% (8.7 billion won) increase in one year.

The only singer affiliated with Fish Music is Lim Young-woong. Fish Music is owned by CEO Shin Jeong-hoon and two others, each with 50% of the shares, and Lim Young-woong owns 50% of the shares, making Lim Young-woong the largest shareholder. The total number of employees is 5. Fish Music’s corporate value has also increased significantly. The simple net assets, which do not take future value into account, have increased by about 38% from the previous year (17.1 billion won), reaching 23.6 billion won.

Fish Music's sales last year were 36.056 billion won, similar to the 35.698 billion won in 2022. Operating profit was 11.359 billion won.

Most of the revenue came from performances and music and album sales. The music, album, and performance revenue in 2022 decreased slightly from 27.5 billion won to 24.8 billion won last year, due to a decrease in the number of Lim Young-woong's concerts. Lim Young-woong held 10 concerts in 2022 and 7 last year.

Media content revenue increased by 490% to 5 billion won from 850 million won in 2022. This is analyzed as the result of Lim Young-woong's official YouTube channel surpassing 1.5 million subscribers in May of last year. The additionally opened Shorts channel also has 310,000 subscribers and gained popularity with over 90 million views in May of last year.

In addition, advertising revenue was tallied at 1.589 billion won. Advertising revenue decreased by 57% compared to the previous year, but it is expected to increase again this year with the addition of Hana Bank and Samdasoo advertisements.

Lim Young-woong sold out all of his nationwide tour 'I'm Hero' last year, and is enjoying great popularity with his hit song 'Sand Grain' released in June of last year. He released a new song 'Warmth' and will be holding 'I'm Hero - The Stadium' on the 25th and 26th at the Sangam World Cup Stadium in Seoul. Approximately 50,000 people can watch the performances per show, and 100,000 seats were sold out over the two days.