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
Period Ending	Sep '25 Sep 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
Operating Revenue	483,267	509,374	414,594	468,449	330,655	312,486
Other Revenue	-	-	-	-0	-0	-
Revenue	483,267	509,374	414,594	468,449	330,655	312,486
Revenue Growth (YoY)	-2.66%	22.86%	-11.50%	41.67%	5.81%	-7.54%
Cost of Revenue	382,305	413,743	352,540	425,607	320,324	271,061
Gross Profit	100,962	95,632	62,054	42,841	10,330	41,424
Selling, General & Admin	57,613	48,784	34,128	31,867	54,870	26,845
Research & Development	1,499	1,392	2,235	1,281	739.97	810.36
Amortization of Goodwill & Intangibles	78.9	77.41	32.32	48.46	38.52	36.77
Other Operating Expenses	840.73	805.23	571.53	443.67	105.33	-175.06
Operating Expenses	60,711	51,675	37,499	34,119	56,258	28,100
Operating Income	40,250	43,956	24,555	8,722	-45,928	13,324
Interest Expense	-1,355	-1,355	-1,637	-1,294	-284.87	-198.46
Interest & Investment Income	1,414	1,414	885.77	541.76	617.17	933.32
Currency Exchange Gain (Loss)	9,966	9,966	2,647	4,164	2,764	-476.38
Other Non Operating Income (Expenses)	118.27	3,287	1,332	1,461	2,792	1,368
EBT Excluding Unusual Items	50,393	57,268	27,782	13,595	-40,040	14,950
Gain (Loss) on Sale of Assets	-937.46	-937.46	186.46	299.82	181.86	85.2
Pretax Income	49,456	56,331	27,968	13,894	-39,858	15,035
Income Tax Expense	8,704	10,064	6,309	4,358	-5,021	2,846
Net Income	40,752	46,267	21,660	9,536	-34,837	12,190
Net Income to Common	40,752	46,267	21,660	9,536	-34,837	12,190
Net Income Growth	12.80%	113.61%	127.13%	-	-	-29.13%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	4845.92	5501.42	2575.50	1133.93	-4142.29	1449.44
EPS (Diluted)	4845.92	5501.42	2575.50	1133.93	-4142.29	1449.44
EPS Growth	12.81%	113.61%	127.13%	-	-	-29.13%
Free Cash Flow	24,894	48,782	35,260	3,113	-56,821	5,146
Free Cash Flow Per Share	2960.23	5800.52	4192.68	370.20	-6756.40	611.90
Dividend Per Share	850.000	850.000	500.000	300.000	-	400.000
Dividend Growth	70.00%	70.00%	66.67%	-	-	-33.33%
Gross Margin	20.89%	18.77%	14.97%	9.14%	3.12%	13.26%
Operating Margin	8.33%	8.63%	5.92%	1.86%	-13.89%	4.26%
Profit Margin	8.43%	9.08%	5.22%	2.04%	-10.54%	3.90%
Free Cash Flow Margin	5.15%	9.58%	8.51%	0.66%	-17.18%	1.65%
EBITDA	48,738	52,285	33,216	18,345	-36,686	22,200
EBITDA Margin	10.08%	10.27%	8.01%	3.92%	-11.09%	7.10%
D&A For EBITDA	8,488	8,329	8,661	9,623	9,242	8,876
EBIT	40,250	43,956	24,555	8,722	-45,928	13,324
EBIT Margin	8.33%	8.63%	5.92%	1.86%	-13.89%	4.26%
Effective Tax Rate	17.60%	17.87%	22.56%	31.36%	-	18.93%
Advertising Expenses	-	122.62	273.36	141.18	118.37	234.31

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