FarmStory Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,471,333	1,453,901	1,500,248	1,426,451	1,033,918	965,387
Other Revenue	-0	-0	-	-	-0	0
Revenue	1,471,333	1,453,901	1,500,248	1,426,451	1,033,918	965,387
Revenue Growth (YoY)	0.55%	-3.09%	5.17%	37.97%	7.10%	10.84%
Cost of Revenue	1,308,498	1,291,691	1,361,254	1,292,639	925,760	858,883
Gross Profit	162,835	162,209	138,994	133,812	108,158	106,504
Selling, General & Admin	120,890	118,052	109,775	99,223	81,302	81,583
Research & Development	513.94	531.77	441.59	401.74	-	10.22
Amortization of Goodwill & Intangibles	84.21	135.28	142.04	150.48	84.98	113.55
Other Operating Expenses	820.22	397.78	1,203	1,131	891.37	1,564
Operating Expenses	125,796	121,774	112,747	102,302	81,862	85,033
Operating Income	37,039	40,435	26,247	31,510	26,296	21,471
Interest Expense	-24,865	-28,253	-29,138	-16,565	-9,272	-10,519
Interest & Investment Income	7,312	8,092	8,351	6,746	4,989	4,156
Earnings From Equity Investments	-	-	-	-	-5,491	18,144
Currency Exchange Gain (Loss)	-16,051	-33,620	-9,390	-11,608	-12,395	12,734
Other Non Operating Income (Expenses)	2,364	3,899	4,929	5,380	3,178	2,204
EBT Excluding Unusual Items	5,800	-9,447	998.58	15,463	7,305	48,190
Gain (Loss) on Sale of Investments	1,653	1,582	13,948	1,233	4,223	-5,116
Gain (Loss) on Sale of Assets	-284.02	-509.35	-677.19	-1,038	-641.26	1,222
Asset Writedown	-4,860	-4,860	-232.35	-6,849	-	-
Pretax Income	2,309	-13,233	14,037	8,809	10,887	44,296
Income Tax Expense	-13,566	-18,396	4,264	16,360	5,955	18,534
Earnings From Continuing Operations	15,876	5,163	9,773	-7,551	4,932	25,762
Earnings From Discontinued Operations	-	-	-	-	-	1,401
Net Income to Company	15,876	5,163	9,773	-7,551	4,932	27,163
Minority Interest in Earnings	-386.32	-1,274	241.13	2,080	172.2	-23.96
Net Income	15,489	3,889	10,014	-5,471	5,104	27,139
Net Income to Common	15,489	3,889	10,014	-5,471	5,104	27,139
Net Income Growth	-45.98%	-61.17%	-	-	-81.19%	-
Shares Outstanding (Basic)	111	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111	111
Shares Change (YoY)	0.13%	-	-	-	-	23.76%
EPS (Basic)	139.96	35.16	90.54	-49.47	46.15	245.37
EPS (Diluted)	139.80	35.00	90.54	-49.47	46.00	245.00
EPS Growth	-46.11%	-61.34%	-	-	-81.22%	-
Free Cash Flow	76,180	16,341	-20,888	-92,774	-71,706	-11,403
Free Cash Flow Per Share	688.34	147.74	-188.86	-838.81	-648.32	-103.10
Dividend Per Share	25.000	25.000	25.000	25.000	25.000	50.000
Dividend Growth	-	-	-	-	-50.00%	100.00%
Gross Margin	11.07%	11.16%	9.26%	9.38%	10.46%	11.03%
Operating Margin	2.52%	2.78%	1.75%	2.21%	2.54%	2.22%
Profit Margin	1.05%	0.27%	0.67%	-0.38%	0.49%	2.81%
Free Cash Flow Margin	5.18%	1.12%	-1.39%	-6.50%	-6.93%	-1.18%
EBITDA	50,009	52,903	38,798	45,118	35,786	32,122
EBITDA Margin	3.40%	3.64%	2.59%	3.16%	3.46%	3.33%
D&A For EBITDA	12,970	12,468	12,551	13,608	9,490	10,651
EBIT	37,039	40,435	26,247	31,510	26,296	21,471
EBIT Margin	2.52%	2.78%	1.75%	2.21%	2.54%	2.22%
Effective Tax Rate	-	-	30.38%	185.71%	54.70%	41.84%
Advertising Expenses	-	1,871	1,247	1,153	275.32	282.36

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.