RingNet 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	163,504	163,905	217,699	204,004	214,784	149,461
Other Revenue	0	-	-0	-	-0	-
Revenue	163,504	163,905	217,699	204,004	214,784	149,461
Revenue Growth (YoY)	-4.41%	-24.71%	6.71%	-5.02%	43.71%	13.30%
Cost of Revenue	137,460	136,788	187,667	181,381	191,059	131,294
Gross Profit	26,044	27,117	30,032	22,622	23,725	18,167
Selling, General & Admin	13,334	12,610	12,233	11,303	11,123	9,781
Amortization of Goodwill & Intangibles	20.62	26.23	21.84	18.29	12.58	12.49
Other Operating Expenses	727.17	698.8	635.69	645.81	804.11	556.89
Operating Expenses	14,397	13,426	13,685	11,745	13,103	10,814
Operating Income	11,646	13,691	16,348	10,877	10,622	7,353
Interest Expense	-1.89	-26.07	-293.73	-285.08	-104.76	-183.33
Interest & Investment Income	2,681	2,648	1,216	763.51	636.24	905.95
Currency Exchange Gain (Loss)	41.33	232.51	-158.32	-150.21	-227.95	1,504
Other Non Operating Income (Expenses)	96.65	113.54	130	137.04	51.35	312
EBT Excluding Unusual Items	14,464	16,659	17,241	11,342	10,977	9,892
Gain (Loss) on Sale of Investments	546.08	-157.16	-1,174	2,053	-256.47	451
Gain (Loss) on Sale of Assets	1.36	-8.31	1.14	4.94	-1.15	-1.48
Pretax Income	15,011	16,494	16,068	13,400	10,719	10,341
Income Tax Expense	2,776	3,639	3,280	3,344	2,050	2,765
Earnings From Continuing Operations	12,235	12,854	12,789	10,056	8,669	7,577
Net Income	12,235	12,854	12,789	10,056	8,669	7,577
Net Income to Common	12,235	12,854	12,789	10,056	8,669	7,577
Net Income Growth	-23.12%	0.51%	27.18%	15.99%	14.42%	7.89%
Shares Outstanding (Basic)	18	18	19	19	20	20
Shares Outstanding (Diluted)	18	18	19	19	20	20
Shares Change (YoY)	-9.25%	-8.04%	-0.45%	-3.42%	1.57%	2.99%
EPS (Basic)	695.39	724.53	662.91	518.92	432.09	383.55
EPS (Diluted)	695.39	724.53	662.91	518.92	432.09	383.55
EPS Growth	-15.28%	9.29%	27.75%	20.10%	12.66%	4.75%
Free Cash Flow	-2,105	8,052	50,502	-22,623	-33,342	21,086
Free Cash Flow Per Share	-119.63	453.82	2617.80	-1167.44	-1661.78	1067.45
Dividend Per Share	200.000	200.000	64.103	-	-	-
Dividend Growth	212.00%	212.00%	-	-	-	-
Gross Margin	15.93%	16.54%	13.79%	11.09%	11.05%	12.16%
Operating Margin	7.12%	8.35%	7.51%	5.33%	4.95%	4.92%
Profit Margin	7.48%	7.84%	5.88%	4.93%	4.04%	5.07%
Free Cash Flow Margin	-1.29%	4.91%	23.20%	-11.09%	-15.52%	14.11%
EBITDA	12,161	14,328	16,997	11,476	11,284	8,046
EBITDA Margin	7.44%	8.74%	7.81%	5.63%	5.25%	5.38%
D&A For EBITDA	514.3	636.82	649.59	598.93	661.39	693.28
EBIT	11,646	13,691	16,348	10,877	10,622	7,353
EBIT Margin	7.12%	8.35%	7.51%	5.33%	4.95%	4.92%
Effective Tax Rate	18.50%	22.07%	20.41%	24.96%	19.12%	26.73%
Advertising Expenses	-	21.24	72.25	44.1	49.64	49.83

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