KL-Net Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	47,575	50,168	50,929	50,303	49,634
Other Revenue	-	-	-	-	-0
Revenue	47,575	50,168	50,929	50,303	49,634
Revenue Growth (YoY)	-5.17%	-1.49%	1.25%	1.35%	17.81%
Cost of Revenue	30,280	33,082	35,881	35,088	35,584
Gross Profit	17,295	17,086	15,049	15,215	14,050
Selling, General & Admin	4,573	4,895	4,775	5,700	5,637
Research & Development	1,284	1,146	1,123	848.63	871.55
Amortization of Goodwill & Intangibles	134.1	133.56	117.09	95.01	88.15
Other Operating Expenses	309.34	326.77	322.35	325.27	329.4
Operating Expenses	6,812	7,116	6,741	7,285	7,254
Operating Income	10,483	9,971	8,308	7,929	6,797
Interest Expense	-48.66	-32.01	-56.76	-	-
Interest & Investment Income	1,170	1,231	961.15	485.84	169.91
Earnings From Equity Investments	29.37	-121.77	90.17	78.05	36.16
Currency Exchange Gain (Loss)	2.53	56.4	0.82	38.12	105.16
Other Non Operating Income (Expenses)	13.86	3.18	30.94	51.9	57.45
EBT Excluding Unusual Items	11,650	11,107	9,335	8,583	7,165
Gain (Loss) on Sale of Investments	45.91	10.51	34.34	27.83	118.61
Gain (Loss) on Sale of Assets	133.06	30.24	0.88	-	-
Asset Writedown	-	-	-150	-	-
Other Unusual Items	-	-	-	-	37.11
Pretax Income	11,829	11,148	9,220	8,611	7,321
Income Tax Expense	1,772	2,208	1,079	1,162	799.26
Earnings From Continuing Operations	10,056	8,940	8,140	7,449	6,522
Minority Interest in Earnings	-764.83	-368.61	-533.52	-584.18	-574.79
Net Income	9,291	8,571	7,607	6,865	5,947
Net Income to Common	9,291	8,571	7,607	6,865	5,947
Net Income Growth	8.41%	12.67%	10.81%	15.43%	34.81%
Shares Outstanding (Basic)	21	22	22	22	22
Shares Outstanding (Diluted)	21	22	22	22	22
Shares Change (YoY)	-4.87%	-1.45%	0.00%	0.05%	-0.08%
EPS (Basic)	449.00	394.00	344.61	311.00	269.57
EPS (Diluted)	449.00	394.00	344.61	311.00	269.57
EPS Growth	13.96%	14.33%	10.81%	15.37%	34.91%
Free Cash Flow	10,581	10,699	8,589	5,800	7,520
Free Cash Flow Per Share	511.31	491.82	389.09	262.78	340.85
Dividend Per Share	-	-	80.000	-	-
Gross Margin	36.35%	34.06%	29.55%	30.25%	28.31%
Operating Margin	22.03%	19.87%	16.31%	15.76%	13.69%
Profit Margin	19.53%	17.08%	14.94%	13.65%	11.98%
Free Cash Flow Margin	22.24%	21.33%	16.86%	11.53%	15.15%
EBITDA	12,769	12,366	10,710	9,560	8,262
EBITDA Margin	26.84%	24.65%	21.03%	19.00%	16.65%
D&A For EBITDA	2,286	2,395	2,402	1,630	1,466
EBIT	10,483	9,971	8,308	7,929	6,797
EBIT Margin	22.03%	19.87%	16.31%	15.76%	13.69%
Effective Tax Rate	14.98%	19.81%	11.71%	13.49%	10.92%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.