Haisung Aero-Robotics 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	15,078	14,938	13,683	13,914	15,228
Other Revenue	-0	-	-0	-	-0
Revenue	15,078	14,938	13,683	13,914	15,228
Revenue Growth (YoY)	0.94%	9.17%	-1.66%	-8.63%	-9.00%
Cost of Revenue	12,974	12,575	12,004	11,665	12,837
Gross Profit	2,104	2,363	1,679	2,248	2,391
Selling, General & Admin	2,030	2,143	2,082	2,293	2,204
Research & Development	657.42	857.75	1,014	1,147	1,081
Amortization of Goodwill & Intangibles	2.51	4.32	4.32	7.37	16.57
Other Operating Expenses	41.59	46.43	29.74	35.98	30.78
Operating Expenses	2,725	3,079	3,175	3,518	3,471
Operating Income	-621.17	-715.72	-1,495	-1,270	-1,080
Interest Expense	-1.53	-2.08	-0.32	-63.84	-228.4
Interest & Investment Income	318.19	351	389.83	289.61	81.57
Currency Exchange Gain (Loss)	-9.67	75.92	-43.32	-34.49	27.41
Other Non Operating Income (Expenses)	26.24	11.33	89.92	32.86	64.53
EBT Excluding Unusual Items	-287.93	-279.54	-1,059	-1,046	-1,135
Gain (Loss) on Sale of Investments	435.79	-248.35	-0.08	-11.52	-
Gain (Loss) on Sale of Assets	-	-	280.94	30.42	-
Pretax Income	147.85	-527.9	-778.29	-1,027	-1,135
Income Tax Expense	-	-	-	-	10.43
Net Income	147.85	-527.9	-778.29	-1,027	-1,145
Net Income to Common	147.85	-527.9	-778.29	-1,027	-1,145
Shares Outstanding (Basic)	11	11	11	11	9
Shares Outstanding (Diluted)	11	11	11	11	9
Shares Change (YoY)	3.41%	0.86%	1.93%	23.29%	140.79%
EPS (Basic)	13.00	-48.00	-71.38	-96.00	-132.00
EPS (Diluted)	13.00	-48.00	-71.38	-96.00	-132.00
Free Cash Flow	1,558	-1,689	571.87	-4,224	-971.92
Free Cash Flow Per Share	137.02	-153.58	52.45	-394.86	-112.02
Gross Margin	13.95%	15.82%	12.27%	16.16%	15.70%
Operating Margin	-4.12%	-4.79%	-10.93%	-9.13%	-7.09%
Profit Margin	0.98%	-3.53%	-5.69%	-7.38%	-7.52%
Free Cash Flow Margin	10.33%	-11.31%	4.18%	-30.36%	-6.38%
EBITDA	457.6	425.07	-333.27	-232.35	-109.41
EBITDA Margin	3.03%	2.84%	-2.44%	-1.67%	-0.72%
D&A For EBITDA	1,079	1,141	1,162	1,038	970.54
EBIT	-621.17	-715.72	-1,495	-1,270	-1,080
EBIT Margin	-4.12%	-4.79%	-10.93%	-9.13%	-7.09%
Advertising Expenses	12	13.47	13.74	14.69	14.07

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