RingNet Co., Ltd. (KOSDAQ:042500)

RingNet Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	151,587	163,905	217,699	204,004	214,784	149,461
Other Revenue	-	-	-0	-	-0	-
Revenue	151,587	163,905	217,699	204,004	214,784	149,461
Revenue Growth (YoY)	-18.75%	-24.71%	6.71%	-5.02%	43.71%	13.30%
Cost of Revenue	127,258	136,788	187,667	181,381	191,059	131,294
Gross Profit	24,329	27,117	30,032	22,622	23,725	18,167
Selling, General & Admin	12,407	12,610	12,233	11,303	11,123	9,781
Amortization of Goodwill & Intangibles	22.62	26.23	21.84	18.29	12.58	12.49
Other Operating Expenses	722.71	698.8	635.69	645.81	804.11	556.89
Operating Expenses	13,528	13,426	13,685	11,745	13,103	10,814
Operating Income	10,801	13,691	16,348	10,877	10,622	7,353
Interest Expense	-9.3	-26.07	-293.73	-285.08	-104.76	-183.33
Interest & Investment Income	2,707	2,648	1,216	763.51	636.24	905.95
Currency Exchange Gain (Loss)	-39.37	232.51	-158.32	-150.21	-227.95	1,504
Other Non Operating Income (Expenses)	23.35	113.54	130	137.04	51.35	312
EBT Excluding Unusual Items	13,482	16,659	17,241	11,342	10,977	9,892
Gain (Loss) on Sale of Investments	1,418	-157.16	-1,174	2,053	-256.47	451
Gain (Loss) on Sale of Assets	-8.3	-8.31	1.14	4.94	-1.15	-1.48
Pretax Income	14,892	16,494	16,068	13,400	10,719	10,341
Income Tax Expense	2,851	3,639	3,280	3,344	2,050	2,765
Earnings From Continuing Operations	12,041	12,854	12,789	10,056	8,669	7,577
Net Income	12,041	12,854	12,789	10,056	8,669	7,577
Net Income to Common	12,041	12,854	12,789	10,056	8,669	7,577
Net Income Growth	-26.31%	0.51%	27.18%	15.99%	14.42%	7.89%
Shares Outstanding (Basic)	17	18	19	19	20	20
Shares Outstanding (Diluted)	17	18	19	19	20	20
Shares Change (YoY)	-12.79%	-8.04%	-0.45%	-3.42%	1.57%	2.99%
EPS (Basic)	698.78	724.53	662.91	518.92	432.09	383.55
EPS (Diluted)	698.78	724.53	662.91	518.92	432.09	383.55
EPS Growth	-15.50%	9.29%	27.75%	20.10%	12.66%	4.75%
Free Cash Flow	-21,165	8,052	50,502	-22,623	-33,342	21,086
Free Cash Flow Per Share	-1228.25	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	16.05%	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	7.94%	7.84%	5.88%	4.93%	4.04%	5.07%
Free Cash Flow Margin	-13.96%	4.91%	23.20%	-11.09%	-15.52%	14.11%
EBITDA	11,360	14,328	16,997	11,476	11,284	8,046
EBITDA Margin	7.49%	8.74%	7.81%	5.63%	5.25%	5.38%
D&A For EBITDA	559.65	636.82	649.59	598.93	661.39	693.28
EBIT	10,801	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	19.14%	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.