Solborn Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	110,256	102,736	96,509	86,661	88,993	78,867
Other Revenue	20,875	17,915	19,573	30,563	4,824	21,333
Revenue	131,131	120,651	116,081	117,224	93,816	100,199
Revenue Growth (YoY)	13.69%	3.94%	-0.97%	24.95%	-6.37%	22.14%
Cost of Revenue	39,264	40,960	40,673	39,008	70,885	44,449
Gross Profit	91,867	79,691	75,408	78,216	22,931	55,751
Selling, General & Admin	44,045	41,280	40,357	37,353	36,793	31,154
Research & Development	7,982	7,745	9,208	8,635	8,039	7,378
Amortization of Goodwill & Intangibles	120.8	124.44	134.47	133.61	138.67	108.54
Operating Expenses	57,660	55,144	54,451	48,226	49,407	41,008
Operating Income	34,207	24,548	20,957	29,991	-26,476	14,743
Interest Expense	-100.86	-106.7	-133.33	-133.52	-124.97	-115.23
Interest & Investment Income	3,714	3,548	3,219	1,880	1,229	781.95
Earnings From Equity Investments	963.75	963.75	138.75	2,157	-5,186	-209.05
Currency Exchange Gain (Loss)	1,089	-535.76	3,999	706.1	-491.79	2,055
Other Non Operating Income (Expenses)	375.95	483.15	161.07	11.8	373.15	2,411
EBT Excluding Unusual Items	40,249	28,900	28,341	34,612	-30,677	19,667
Gain (Loss) on Sale of Investments	23,802	17,707	35,966	17,628	-14,676	14,229
Gain (Loss) on Sale of Assets	-6.18	13.67	-30.97	-5.79	0.46	-1.11
Asset Writedown	-	-	-0.08	-	-	-
Other Unusual Items	5.45	-	-	20.38	8.84	-
Pretax Income	64,049	46,621	64,277	52,255	-45,344	33,895
Income Tax Expense	11,952	12,098	7,736	5,228	-3,427	3,928
Earnings From Continuing Operations	52,097	34,523	56,541	47,027	-41,917	29,967
Earnings From Discontinued Operations	-	-	-2,066	-818.32	-0.01	-0.01
Net Income to Company	52,097	34,523	54,475	46,208	-41,917	29,967
Minority Interest in Earnings	-21,028	-13,654	-20,535	-9,174	204.86	-12,145
Net Income	31,070	20,869	33,940	37,035	-41,712	17,822
Net Income to Common	31,070	20,869	33,940	37,035	-41,712	17,822
Net Income Growth	91.09%	-38.51%	-8.36%	-	-	1131.32%
Shares Outstanding (Basic)	26	26	26	22	22	22
Shares Outstanding (Diluted)	26	26	26	22	22	22
Shares Change (YoY)	2.90%	-0.17%	15.07%	-0.30%	-0.54%	-0.89%
EPS (Basic)	1176.41	814.26	1322.00	1659.96	-1863.90	792.10
EPS (Diluted)	1176.41	814.26	1322.00	1659.96	-1863.90	792.10
EPS Growth	85.70%	-38.41%	-20.36%	-	-	1142.34%
Free Cash Flow	17,745	14,562	14,875	10,549	14,361	15,023
Free Cash Flow Per Share	671.88	568.16	579.39	472.82	641.73	667.69
Gross Margin	70.06%	66.05%	64.96%	66.72%	24.44%	55.64%
Operating Margin	26.09%	20.35%	18.05%	25.58%	-28.22%	14.71%
Profit Margin	23.69%	17.30%	29.24%	31.59%	-44.46%	17.79%
Free Cash Flow Margin	13.53%	12.07%	12.81%	9.00%	15.31%	14.99%
EBITDA	36,765	27,102	23,754	32,781	-23,740	17,262
EBITDA Margin	28.04%	22.46%	20.46%	27.96%	-25.30%	17.23%
D&A For EBITDA	2,559	2,554	2,798	2,791	2,737	2,519
EBIT	34,207	24,548	20,957	29,991	-26,476	14,743
EBIT Margin	26.09%	20.35%	18.05%	25.58%	-28.22%	14.71%
Effective Tax Rate	18.66%	25.95%	12.04%	10.01%	-	11.59%
Advertising Expenses	-	2,091	2,099	1,999	1,695	804.23