Tokai Carbon Korea 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	301,334	275,725	226,653	319,563	270,767
Other Revenue	-0	-	-0	-	-0
Revenue	301,334	275,725	226,653	319,563	270,767
Revenue Growth (YoY)	9.29%	21.65%	-29.07%	18.02%	18.65%
Cost of Revenue	191,665	171,726	134,822	168,772	146,802
Gross Profit	109,669	103,999	91,831	150,790	123,965
Selling, General & Admin	19,288	16,378	14,497	17,454	14,501
Research & Development	4,948	5,211	8,998	4,829	4,816
Amortization of Goodwill & Intangibles	156.96	185.79	216.45	199.35	151.21
Other Operating Expenses	565.44	484.88	427.26	511.09	425.97
Operating Expenses	25,782	23,251	25,128	23,764	20,565
Operating Income	83,887	80,748	66,703	127,027	103,400
Interest Expense	-37.08	-31.97	-27.59	-19.49	-16.64
Interest & Investment Income	8,308	9,277	8,924	4,655	1,600
Currency Exchange Gain (Loss)	-1,012	3,832	297.28	2,169	1,897
Other Non Operating Income (Expenses)	242.16	-3,066	-731.71	-1,944	-1,137
EBT Excluding Unusual Items	91,388	90,759	75,165	131,887	105,743
Gain (Loss) on Sale of Assets	-6.79	8.4	-14.99	-3,941	472.93
Asset Writedown	-12.5	-41.15	101.5	-24.08	108.79
Pretax Income	91,369	90,726	75,251	127,922	106,325
Income Tax Expense	21,466	18,732	14,007	33,865	24,434
Net Income	69,903	71,994	61,245	94,056	81,891
Net Income to Common	69,903	71,994	61,245	94,056	81,891
Net Income Growth	-2.90%	17.55%	-34.88%	14.86%	35.33%
Shares Outstanding (Basic)	-	12	12	12	12
Shares Outstanding (Diluted)	-	12	12	12	12
EPS (Basic)	-	6166.51	5245.79	8056.23	7014.19
EPS (Diluted)	-	6166.51	5245.79	8056.23	7014.19
EPS Growth	-	17.55%	-34.88%	14.86%	35.33%
Free Cash Flow	66,076	80,861	-6,607	68,481	77,914
Free Cash Flow Per Share	-	6926.04	-565.91	5865.63	6673.60
Gross Margin	36.39%	37.72%	40.52%	47.19%	45.78%
Operating Margin	27.84%	29.29%	29.43%	39.75%	38.19%
Profit Margin	23.20%	26.11%	27.02%	29.43%	30.24%
Free Cash Flow Margin	21.93%	29.33%	-2.92%	21.43%	28.78%
EBITDA	97,903	95,820	81,785	141,124	115,986
EBITDA Margin	32.49%	34.75%	36.08%	44.16%	42.84%
D&A For EBITDA	14,016	15,072	15,082	14,097	12,586
EBIT	83,887	80,748	66,703	127,027	103,400
EBIT Margin	27.84%	29.29%	29.43%	39.75%	38.19%
Effective Tax Rate	23.49%	20.65%	18.61%	26.47%	22.98%
Advertising Expenses	128.25	75.45	50.71	61.11	2.97

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