Rorze Systems 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	124,870	160,077	105,269	144,576	110,200
Other Revenue	-0	-0	-	-0	-
Revenue	124,870	160,077	105,269	144,576	110,200
Revenue Growth (YoY)	-21.99%	52.06%	-27.19%	31.19%	-38.85%
Cost of Revenue	97,592	126,021	83,047	106,002	82,735
Gross Profit	27,278	34,056	22,222	38,574	27,465
Selling, General & Admin	10,053	11,899	7,755	8,505	8,866
Research & Development	881.81	931.65	666.63	921.63	2,343
Amortization of Goodwill & Intangibles	126.4	87.93	116.46	121.33	148.74
Other Operating Expenses	909.25	553.08	1,130	2,038	2,170
Operating Expenses	12,855	14,279	10,296	12,138	14,148
Operating Income	14,423	19,777	11,926	26,436	13,318
Interest Expense	-18.44	-40.5	-52.67	-123.47	-156.18
Interest & Investment Income	835.09	438.8	229.5	80.27	94.65
Currency Exchange Gain (Loss)	-789.66	2,664	-76.53	1,110	1,636
Other Non Operating Income (Expenses)	967.01	-7,156	-345.98	-1,727	-2,521
EBT Excluding Unusual Items	15,417	15,682	11,680	25,775	12,371
Gain (Loss) on Sale of Investments	-	-5.48	-	-	-
Gain (Loss) on Sale of Assets	0.27	7.27	-2.37	115.57	-559.2
Pretax Income	15,418	15,684	11,678	25,891	11,812
Income Tax Expense	3,160	3,571	2,812	5,640	2,354
Net Income	12,258	12,113	8,866	20,251	9,457
Net Income to Common	12,258	12,113	8,866	20,251	9,457
Net Income Growth	1.19%	36.63%	-56.22%	114.13%	12.86%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
Shares Change (YoY)	0.08%	0.01%	-	-	-
EPS (Basic)	821.00	812.00	594.40	1357.67	634.03
EPS (Diluted)	821.00	812.00	594.40	1357.67	634.03
EPS Growth	1.11%	36.61%	-56.22%	114.13%	12.86%
Free Cash Flow	20,107	-1,096	16,515	909.88	14,210
Free Cash Flow Per Share	1346.76	-73.50	1107.21	61.00	952.68
Dividend Per Share	-	-	-	50.000	20.000
Dividend Growth	-	-	-	150.00%	-
Gross Margin	21.84%	21.27%	21.11%	26.68%	24.92%
Operating Margin	11.55%	12.35%	11.33%	18.29%	12.08%
Profit Margin	9.82%	7.57%	8.42%	14.01%	8.58%
Free Cash Flow Margin	16.10%	-0.69%	15.69%	0.63%	12.90%
EBITDA	17,599	22,817	14,670	29,228	16,310
EBITDA Margin	14.09%	14.25%	13.94%	20.22%	14.80%
D&A For EBITDA	3,176	3,040	2,744	2,793	2,992
EBIT	14,423	19,777	11,926	26,436	13,318
EBIT Margin	11.55%	12.35%	11.33%	18.29%	12.08%
Effective Tax Rate	20.50%	22.77%	24.08%	21.78%	19.93%

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