ESTec Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	522,344	509,374	414,594	468,449	330,655	312,486	Upgrade
Other Revenue	-0	-	-	-0	-0	-	Upgrade
Revenue	522,344	509,374	414,594	468,449	330,655	312,486	Upgrade
Revenue Growth (YoY)	14.96%	22.86%	-11.50%	41.67%	5.81%	-7.54%	Upgrade
Cost of Revenue	418,587	413,743	352,540	425,607	320,324	271,061	Upgrade
Gross Profit	103,757	95,632	62,054	42,841	10,330	41,424	Upgrade
Selling, General & Admin	54,279	48,784	34,128	31,867	54,870	26,845	Upgrade
Research & Development	1,240	1,392	2,235	1,281	739.97	810.36	Upgrade
Amortization of Goodwill & Intangibles	79.6	77.41	32.32	48.46	38.52	36.77	Upgrade
Other Operating Expenses	1,109	805.23	571.53	443.67	105.33	-175.06	Upgrade
Operating Expenses	57,382	51,675	37,499	34,119	56,258	28,100	Upgrade
Operating Income	46,375	43,956	24,555	8,722	-45,928	13,324	Upgrade
Interest Expense	-1,355	-1,355	-1,637	-1,294	-284.87	-198.46	Upgrade
Interest & Investment Income	1,414	1,414	885.77	541.76	617.17	933.32	Upgrade
Currency Exchange Gain (Loss)	9,966	9,966	2,647	4,164	2,764	-476.38	Upgrade
Other Non Operating Income (Expenses)	-7,549	3,287	1,332	1,461	2,792	1,368	Upgrade
EBT Excluding Unusual Items	48,851	57,268	27,782	13,595	-40,040	14,950	Upgrade
Gain (Loss) on Sale of Assets	-937.46	-937.46	186.46	299.82	181.86	85.2	Upgrade
Pretax Income	47,913	56,331	27,968	13,894	-39,858	15,035	Upgrade
Income Tax Expense	8,315	10,064	6,309	4,358	-5,021	2,846	Upgrade
Net Income	39,598	46,267	21,660	9,536	-34,837	12,190	Upgrade
Net Income to Common	39,598	46,267	21,660	9,536	-34,837	12,190	Upgrade
Net Income Growth	6.92%	113.61%	127.13%	-	-	-29.13%	Upgrade
Shares Outstanding (Basic)	8	8	8	8	8	8	Upgrade
Shares Outstanding (Diluted)	8	8	8	8	8	8	Upgrade
Shares Change (YoY)	0.00%	-	-	-	-	-	Upgrade
EPS (Basic)	4708.29	5501.42	2575.50	1133.93	-4142.29	1449.44	Upgrade
EPS (Diluted)	4708.29	5501.42	2575.50	1133.93	-4142.29	1449.44	Upgrade
EPS Growth	6.92%	113.61%	127.13%	-	-	-29.13%	Upgrade
Free Cash Flow	21,522	48,782	35,260	3,113	-56,821	5,146	Upgrade
Free Cash Flow Per Share	2559.02	5800.52	4192.68	370.20	-6756.40	611.90	Upgrade
Dividend Per Share	850.000	850.000	500.000	300.000	-	400.000	Upgrade
Dividend Growth	70.00%	70.00%	66.67%	-	-	-33.33%	Upgrade
Gross Margin	19.86%	18.77%	14.97%	9.14%	3.12%	13.26%	Upgrade
Operating Margin	8.88%	8.63%	5.92%	1.86%	-13.89%	4.26%	Upgrade
Profit Margin	7.58%	9.08%	5.22%	2.04%	-10.54%	3.90%	Upgrade
Free Cash Flow Margin	4.12%	9.58%	8.51%	0.66%	-17.18%	1.65%	Upgrade
EBITDA	54,968	52,285	33,216	18,345	-36,686	22,200	Upgrade
EBITDA Margin	10.52%	10.27%	8.01%	3.92%	-11.09%	7.10%	Upgrade
D&A For EBITDA	8,593	8,329	8,661	9,623	9,242	8,876	Upgrade
EBIT	46,375	43,956	24,555	8,722	-45,928	13,324	Upgrade
EBIT Margin	8.88%	8.63%	5.92%	1.86%	-13.89%	4.26%	Upgrade
Effective Tax Rate	17.36%	17.87%	22.56%	31.36%	-	18.93%	Upgrade
Advertising Expenses	-	122.62	273.36	141.18	118.37	234.31	Upgrade

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