LS Marine Solution 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 2012	FY 2011
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Operating Revenue	244,205	130,279	70,779	68,900	111,453
Other Revenue	-	-	-0	-	-
Revenue	244,205	130,279	70,779	68,900	111,453
Revenue Growth (YoY)	87.45%	84.06%	2.73%	-38.18%	58.07%
Cost of Revenue	228,078	113,471	50,773	54,905	97,227
Gross Profit	16,127	16,808	20,006	13,995	14,227
Selling, General & Admin	8,830	5,682	5,478	4,082	3,800
Other Operating Expenses	61.88	33.15	19.17	-	-
Operating Expenses	9,117	4,415	6,919	4,082	3,800
Operating Income	7,009	12,393	13,087	9,913	10,426
Interest Expense	-112.43	-22.1	-14.28	-	-
Interest & Investment Income	6,422	2,345	1,700	2,291	3,962
Currency Exchange Gain (Loss)	-2,954	3,595	77.14	-	-
Other Non Operating Income (Expenses)	707.65	-1,478	34.39	-2,392	-4,892
EBT Excluding Unusual Items	11,073	16,833	14,885	9,812	9,497
Gain (Loss) on Sale of Investments	16.48	10.52	-374.82	-	-
Gain (Loss) on Sale of Assets	-49.08	10.82	-0	-	-
Pretax Income	11,040	16,855	14,510	9,812	9,497
Income Tax Expense	2,684	3,651	2,892	1,860	2,797
Net Income	8,356	13,203	11,618	7,952	6,700
Net Income to Common	8,356	13,203	11,618	7,952	6,700
Net Income Growth	-36.71%	13.65%	46.10%	18.68%	71.79%
Shares Outstanding (Basic)	39	27	25	21	21
Shares Outstanding (Diluted)	39	27	25	21	21
Shares Change (YoY)	44.62%	9.79%	19.62%	0.03%	-0.01%
EPS (Basic)	215.00	489.00	472.42	386.80	326.00
EPS (Diluted)	214.00	489.00	472.42	386.80	326.00
EPS Growth	-56.24%	3.51%	22.13%	18.65%	71.81%
Free Cash Flow	-56,556	-15,247	-36,586	-5,911	-13,789
Free Cash Flow Per Share	-1448.37	-564.69	-1487.68	-287.52	-670.91
Gross Margin	6.60%	12.90%	28.27%	20.31%	12.77%
Operating Margin	2.87%	9.51%	18.49%	14.39%	9.35%
Profit Margin	3.42%	10.13%	16.41%	11.54%	6.01%
Free Cash Flow Margin	-23.16%	-11.70%	-51.69%	-8.58%	-12.37%
EBITDA	16,688	21,250	19,550	-	17,227
EBITDA Margin	6.83%	16.31%	27.62%	-	15.46%
D&A For EBITDA	9,679	8,857	6,463	-	6,801
EBIT	7,009	12,393	13,087	9,913	10,426
EBIT Margin	2.87%	9.51%	18.49%	14.39%	9.35%
Effective Tax Rate	24.31%	21.66%	19.93%	18.96%	29.45%

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