Solborn 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	103,288	102,329	89,277	88,993	78,867	71,344
Other Revenue	26,177	19,573	30,563	4,824	21,333	10,695
Revenue	129,465	121,901	119,840	93,816	100,199	82,039
Revenue Growth (YoY)	3.84%	1.72%	27.74%	-6.37%	22.14%	2.15%
Cost of Revenue	41,695	40,327	38,937	70,885	44,449	37,010
Gross Profit	87,769	81,574	80,903	22,931	55,751	45,029
Selling, General & Admin	39,661	40,376	37,353	36,793	31,154	29,269
Research & Development	8,000	9,208	8,635	8,039	7,378	5,757
Amortization of Goodwill & Intangibles	127.97	134.47	133.61	138.67	108.54	110.85
Operating Expenses	55,547	54,375	48,226	49,407	41,008	37,877
Operating Income	32,222	27,199	32,677	-26,476	14,743	7,152
Interest Expense	-120.98	-133.33	-133.52	-124.97	-115.23	-141.16
Interest & Investment Income	3,074	3,198	1,880	1,229	781.95	469.59
Earnings From Equity Investments	-70.02	138.75	2,157	-5,186	-209.05	633.48
Currency Exchange Gain (Loss)	1,759	4,007	706.1	-491.79	2,055	-1,304
Other Non Operating Income (Expenses)	331.33	161.11	11.8	373.15	2,411	239.73
EBT Excluding Unusual Items	37,195	34,570	37,299	-30,677	19,667	7,049
Gain (Loss) on Sale of Investments	31,267	35,758	17,628	-14,676	14,229	-1,498
Gain (Loss) on Sale of Assets	9.59	-30.97	-5.79	0.46	-1.11	19.92
Asset Writedown	-0.08	-0.08	-	-	-	-122.76
Other Unusual Items	-	-	20.38	8.84	-	1,611
Pretax Income	68,472	70,296	54,941	-45,344	33,895	7,060
Income Tax Expense	5,501	7,736	5,228	-3,427	3,928	1,919
Earnings From Continuing Operations	62,971	62,560	49,713	-41,917	29,967	5,141
Earnings From Discontinued Operations	-2,066	-2,066	-818.32	-0.01	-0.01	-0.69
Net Income to Company	60,906	60,495	48,895	-41,917	29,967	5,140
Minority Interest in Earnings	-19,356	-23,574	-10,646	204.86	-12,145	-3,693
Net Income	41,549	36,921	38,249	-41,712	17,822	1,447
Net Income to Common	41,549	36,921	38,249	-41,712	17,822	1,447
Net Income Growth	10.97%	-3.47%	-	-	1131.32%	-18.63%
Shares Outstanding (Basic)	22	22	22	22	22	23
Shares Outstanding (Diluted)	22	22	22	22	22	23
Shares Change (YoY)	-0.06%	-0.05%	-0.30%	-0.54%	-0.89%	-0.57%
EPS (Basic)	1864.04	1655.66	1714.39	-1863.90	792.10	63.76
EPS (Diluted)	1864.04	1655.66	1714.39	-1863.90	792.10	63.76
EPS Growth	11.04%	-3.43%	-	-	1142.34%	-18.17%
Free Cash Flow	16,411	14,907	10,555	14,361	15,023	16,567
Free Cash Flow Per Share	736.27	668.46	473.10	641.73	667.69	729.81
Gross Margin	67.79%	66.92%	67.51%	24.44%	55.64%	54.89%
Operating Margin	24.89%	22.31%	27.27%	-28.22%	14.71%	8.72%
Profit Margin	32.09%	30.29%	31.92%	-44.46%	17.79%	1.76%
Free Cash Flow Margin	12.68%	12.23%	8.81%	15.31%	14.99%	20.19%
EBITDA	34,833	29,962	35,468	-23,740	17,262	9,440
EBITDA Margin	26.91%	24.58%	29.60%	-25.30%	17.23%	11.51%
D&A For EBITDA	2,611	2,763	2,791	2,737	2,519	2,288
EBIT	32,222	27,199	32,677	-26,476	14,743	7,152
EBIT Margin	24.89%	22.31%	27.27%	-28.22%	14.71%	8.72%
Effective Tax Rate	8.03%	11.00%	9.52%	-	11.59%	27.18%
Advertising Expenses	-	2,099	1,999	1,695	804.23	820.39

Source: S&P Global Market Intelligence. Standard template. Financial Sources.