RingNet 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	183,074	163,905	217,699	204,004	214,784
Other Revenue	-0	-	-0	-	-0
Revenue	183,074	163,905	217,699	204,004	214,784
Revenue Growth (YoY)	11.70%	-24.71%	6.71%	-5.02%	43.71%
Cost of Revenue	153,939	136,788	187,667	181,381	191,059
Gross Profit	29,136	27,117	30,032	22,622	23,725
Selling, General & Admin	13,690	12,610	12,233	11,303	11,123
Amortization of Goodwill & Intangibles	18.5	26.23	21.84	18.29	12.58
Other Operating Expenses	824.62	698.8	635.69	645.81	804.11
Operating Expenses	14,823	13,426	13,685	11,745	13,103
Operating Income	14,313	13,691	16,348	10,877	10,622
Interest Expense	-1.26	-26.07	-293.73	-285.08	-104.76
Interest & Investment Income	2,649	2,648	1,216	763.51	636.24
Currency Exchange Gain (Loss)	-117.35	232.51	-158.32	-150.21	-227.95
Other Non Operating Income (Expenses)	-3,939	113.54	130	137.04	51.35
EBT Excluding Unusual Items	12,905	16,659	17,241	11,342	10,977
Gain (Loss) on Sale of Investments	850.36	-157.16	-1,174	2,053	-256.47
Gain (Loss) on Sale of Assets	15	-8.31	1.14	4.94	-1.15
Pretax Income	13,770	16,494	16,068	13,400	10,719
Income Tax Expense	2,868	3,639	3,280	3,344	2,050
Earnings From Continuing Operations	10,902	12,854	12,789	10,056	8,669
Net Income	10,902	12,854	12,789	10,056	8,669
Net Income to Common	10,902	12,854	12,789	10,056	8,669
Net Income Growth	-15.19%	0.51%	27.18%	15.99%	14.42%
Shares Outstanding (Basic)	19	19	19	19	20
Shares Outstanding (Diluted)	19	19	19	19	20
Shares Change (YoY)	0.21%	0.35%	-0.45%	-3.42%	1.57%
EPS (Basic)	562.00	664.00	662.91	518.92	432.09
EPS (Diluted)	562.00	664.00	662.91	518.92	432.09
EPS Growth	-15.36%	0.16%	27.75%	20.10%	12.66%
Free Cash Flow	-5,654	8,052	50,502	-22,623	-33,342
Free Cash Flow Per Share	-291.47	415.91	2617.80	-1167.44	-1661.78
Dividend Per Share	-	-	64.103	-	-
Gross Margin	15.92%	16.54%	13.79%	11.09%	11.05%
Operating Margin	7.82%	8.35%	7.51%	5.33%	4.95%
Profit Margin	5.96%	7.84%	5.88%	4.93%	4.04%
Free Cash Flow Margin	-3.09%	4.91%	23.20%	-11.09%	-15.52%
EBITDA	14,795	14,328	16,997	11,476	11,284
EBITDA Margin	8.08%	8.74%	7.81%	5.63%	5.25%
D&A For EBITDA	481.93	636.82	649.59	598.93	661.39
EBIT	14,313	13,691	16,348	10,877	10,622
EBIT Margin	7.82%	8.35%	7.51%	5.33%	4.95%
Effective Tax Rate	20.83%	22.07%	20.41%	24.96%	19.12%
Advertising Expenses	46.7	21.24	72.25	44.1	49.64

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