Samhwa Networks 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	37,266	46,719	62,369	82,311	32,925
Other Revenue	-	-0	-	-0	-0
Revenue	37,266	46,719	62,369	82,311	32,925
Revenue Growth (YoY)	-20.23%	-25.09%	-24.23%	150.00%	12.38%
Cost of Revenue	34,894	42,526	60,568	66,043	22,924
Gross Profit	2,372	4,193	1,801	16,268	10,001
Selling, General & Admin	3,049	2,751	2,829	2,620	2,025
Other Operating Expenses	89.24	115.38	104.16	1,448	461.96
Operating Expenses	3,920	3,522	3,622	5,501	2,892
Operating Income	-1,548	671.03	-1,820	10,767	7,109
Interest Expense	-26.06	-39.14	-956.52	-1,006	-147.75
Interest & Investment Income	466.66	665.52	737.75	639.73	62.01
Currency Exchange Gain (Loss)	-6.42	21.45	6.97	1,031	156.81
Other Non Operating Income (Expenses)	3.45	129.34	2,291	385.7	-16.82
EBT Excluding Unusual Items	-1,110	1,448	258.92	11,817	7,163
Gain (Loss) on Sale of Investments	452.33	821.7	-	-129.5	-650.21
Gain (Loss) on Sale of Assets	52.96	11.2	17.36	20.11	58.82
Asset Writedown	-	63.28	-	-	-
Other Unusual Items	-	-	-633.41	-	-
Pretax Income	-605.09	2,344	-357.13	11,707	6,571
Income Tax Expense	267.06	479.73	884.16	-2,141	162.46
Earnings From Continuing Operations	-872.14	1,865	-1,241	13,848	6,409
Minority Interest in Earnings	0.02	0.1	0.12	0.11	0.08
Net Income	-872.12	1,865	-1,241	13,848	6,409
Net Income to Common	-872.12	1,865	-1,241	13,848	6,409
Net Income Growth	-	-	-	116.08%	-
Shares Outstanding (Basic)	40	40	40	40	39
Shares Outstanding (Diluted)	40	40	40	40	39
Shares Change (YoY)	-0.09%	0.22%	-	0.28%	1.01%
EPS (Basic)	-22.00	47.00	-31.35	349.80	162.34
EPS (Diluted)	-22.00	47.00	-31.35	349.00	162.00
EPS Growth	-	-	-	115.43%	-
Free Cash Flow	-1,342	-272.73	8,613	5,469	-18,927
Free Cash Flow Per Share	-33.86	-6.87	217.55	138.13	-479.40
Gross Margin	6.37%	8.97%	2.89%	19.76%	30.38%
Operating Margin	-4.15%	1.44%	-2.92%	13.08%	21.59%
Profit Margin	-2.34%	3.99%	-1.99%	16.82%	19.47%
Free Cash Flow Margin	-3.60%	-0.58%	13.81%	6.64%	-57.48%
EBITDA	-611.6	1,499	-804.66	11,524	7,756
EBITDA Margin	-1.64%	3.21%	-1.29%	14.00%	23.56%
D&A For EBITDA	936.4	827.96	1,016	756.86	647.49
EBIT	-1,548	671.03	-1,820	10,767	7,109
EBIT Margin	-4.15%	1.44%	-2.92%	13.08%	21.59%
Effective Tax Rate	-	20.46%	-	-	2.47%

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