KOREA ADVANCED MATERIALS Co., Ltd. (KOSDAQ:062970)

KOREA ADVANCED MATERIALS Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	3,581	6,505	14,413	21,301	13,459
Other Revenue	0	-	-	-0	0
Revenue	3,581	6,505	14,413	21,301	13,459
Revenue Growth (YoY)	-44.95%	-54.87%	-32.34%	58.27%	-38.41%
Cost of Revenue	4,678	8,542	14,556	17,737	21,844
Gross Profit	-1,098	-2,038	-143.06	3,564	-8,385
Selling, General & Admin	1,318	1,947	1,619	1,595	2,089
Research & Development	863.29	807.22	863.51	824.86	987.31
Other Operating Expenses	28.68	39.07	43.03	114.02	80.96
Operating Expenses	2,317	3,165	2,880	2,737	3,430
Operating Income	-3,415	-5,202	-3,023	827.15	-11,815
Interest Expense	-537.6	-718.94	-610.67	-463.64	-302.96
Interest & Investment Income	84.23	1.42	1	4.02	18.21
Currency Exchange Gain (Loss)	-5.59	151.97	-4.43	152.02	71.63
Other Non Operating Income (Expenses)	-8,432	-8,056	136.92	76.45	741.78
EBT Excluding Unusual Items	-12,306	-13,824	-3,500	596	-11,286
Gain (Loss) on Sale of Investments	5.37	-	-	-	1.68
Gain (Loss) on Sale of Assets	127.12	32.47	360.27	1.49	-52.63
Asset Writedown	-332.34	-405.33	-200.01	-1.89	-1,446
Pretax Income	-12,506	-14,196	-3,340	595.6	-12,783
Income Tax Expense	-45.47	104.8	687.5	90.82	1,914
Net Income	-12,460	-14,301	-4,027	504.78	-14,696
Net Income to Common	-12,460	-14,301	-4,027	504.78	-14,696
Shares Outstanding (Basic)	21	10	9	9	9
Shares Outstanding (Diluted)	21	10	9	9	9
Shares Change (YoY)	113.54%	4.30%	-0.42%	0.43%	0.08%
EPS (Basic)	-601.00	-1473.00	-432.68	54.00	-1579.00
EPS (Diluted)	-601.00	-1473.00	-432.68	54.00	-1579.00
Free Cash Flow	-1,734	-2,963	-3,125	1,490	-5,595
Free Cash Flow Per Share	-83.66	-305.21	-335.68	159.42	-601.12
Gross Margin	-30.65%	-31.33%	-0.99%	16.73%	-62.30%
Operating Margin	-95.37%	-79.98%	-20.97%	3.88%	-87.78%
Profit Margin	-347.98%	-219.87%	-27.94%	2.37%	-109.19%
Free Cash Flow Margin	-48.44%	-45.56%	-21.68%	7.00%	-41.57%
EBITDA	-3,002	-4,580	-2,320	1,668	-10,326
EBITDA Margin	-83.84%	-70.41%	-16.09%	7.83%	-76.72%
D&A For EBITDA	412.92	622.95	703.37	840.95	1,489
EBIT	-3,415	-5,202	-3,023	827.15	-11,815
EBIT Margin	-95.37%	-79.98%	-20.97%	3.88%	-87.78%
Effective Tax Rate	-	-	-	15.25%	-
Advertising Expenses	15.52	45.5	8.95	82.88	28.56

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