ESTec 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	468,192	509,374	414,594	468,449	330,655
Other Revenue	-0	-	-	-0	-0
Revenue	468,192	509,374	414,594	468,449	330,655
Revenue Growth (YoY)	-8.09%	22.86%	-11.50%	41.67%	5.81%
Cost of Revenue	384,846	422,974	352,540	425,607	320,324
Gross Profit	83,346	86,401	62,054	42,841	10,330
Selling, General & Admin	37,792	39,553	34,128	31,867	54,870
Research & Development	1,307	1,392	2,235	1,281	739.97
Amortization of Goodwill & Intangibles	78.88	77.41	32.32	48.46	38.52
Other Operating Expenses	-2,256	805.23	571.53	443.67	105.33
Operating Expenses	37,508	42,444	37,499	34,119	56,258
Operating Income	45,838	43,956	24,555	8,722	-45,928
Interest Expense	-751.1	-1,355	-1,637	-1,294	-284.87
Interest & Investment Income	1,841	1,414	885.77	541.76	617.17
Currency Exchange Gain (Loss)	2,908	9,966	2,647	4,164	2,764
Other Non Operating Income (Expenses)	2,946	3,287	1,332	1,461	2,792
EBT Excluding Unusual Items	52,782	57,268	27,782	13,595	-40,040
Gain (Loss) on Sale of Assets	-33.7	-937.46	186.46	299.82	181.86
Pretax Income	52,749	56,331	27,968	13,894	-39,858
Income Tax Expense	11,126	10,064	6,309	4,358	-5,021
Net Income	41,623	46,267	21,660	9,536	-34,837
Net Income to Common	41,623	46,267	21,660	9,536	-34,837
Net Income Growth	-10.04%	113.61%	127.13%	-	-
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-0.00%	0.01%	-	-	-
EPS (Basic)	4949.00	5501.00	2575.50	1133.93	-4142.29
EPS (Diluted)	4949.00	5501.00	2575.50	1133.93	-4142.29
EPS Growth	-10.04%	113.59%	127.13%	-	-
Free Cash Flow	31,281	48,782	35,260	3,113	-56,821
Free Cash Flow Per Share	3719.29	5800.08	4192.68	370.20	-6756.40
Dividend Per Share	-	-	500.000	300.000	-
Dividend Growth	-	-	66.67%	-	-
Gross Margin	17.80%	16.96%	14.97%	9.14%	3.12%
Operating Margin	9.79%	8.63%	5.92%	1.86%	-13.89%
Profit Margin	8.89%	9.08%	5.22%	2.04%	-10.54%
Free Cash Flow Margin	6.68%	9.58%	8.51%	0.66%	-17.18%
EBITDA	54,424	52,285	33,216	18,345	-36,686
EBITDA Margin	11.62%	10.27%	8.01%	3.92%	-11.09%
D&A For EBITDA	8,586	8,329	8,661	9,623	9,242
EBIT	45,838	43,956	24,555	8,722	-45,928
EBIT Margin	9.79%	8.63%	5.92%	1.86%	-13.89%
Effective Tax Rate	21.09%	17.87%	22.56%	31.36%	-
Advertising Expenses	62.91	122.62	273.36	141.18	118.37

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