MegaStudy Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	123,823	127,285	134,264	107,785	121,601	133,624
Other Revenue	-0	-0	-	-	-	-
Revenue	123,823	127,285	134,264	107,785	121,601	133,624
Revenue Growth	-6.16%	-5.20%	24.57%	-11.36%	-9.00%	0.50%
Cost of Revenue	70,401	69,623	68,780	55,337	57,466	59,907
Gross Profit	53,422	57,662	65,484	52,448	64,135	73,717
Selling, General & Admin	26,763	28,861	32,746	33,038	41,954	46,255
Amortization of Goodwill & Intangibles	393.58	381.99	351.99	266.76	207.52	294.2
Other Operating Expenses	2,893	2,992	2,697	2,153	1,218	1,049
Operating Expenses	34,460	37,120	41,704	42,089	51,342	58,983
Operating Income	18,962	20,543	23,780	10,360	12,793	14,734
Interest Expense	-2,974	-3,307	-3,573	-1,370	-617.07	-567.71
Interest & Investment Income	4,719	4,263	4,735	5,671	6,491	853
Earnings From Equity Investments	10,579	10,351	1,289	6,251	12,563	12,647
Currency Exchange Gain (Loss)	225.85	225.85	0.04	-0.01	-3.49	-2.73
Other Non Operating Income (Expenses)	1,499	1,873	-605.51	2,905	-286.44	-185.49
EBT Excluding Unusual Items	33,011	33,950	25,626	23,816	30,940	27,478
Gain (Loss) on Sale of Investments	5,610	-23.88	-1,418	4,034	-2,602	14,753
Gain (Loss) on Sale of Assets	1,763	1,763	-1,026	-467.71	-405.31	-169.23
Asset Writedown	-378.05	-378.05	-54.02	-1,464	-191.79	-3,025
Pretax Income	40,006	35,310	23,127	25,919	27,741	39,037
Income Tax Expense	7,206	5,827	4,280	5,633	7,268	9,236
Earnings From Continuing Operations	32,800	29,483	18,847	20,286	20,473	29,801
Net Income to Company	32,800	29,483	18,847	20,286	20,473	29,801
Minority Interest in Earnings	-3,456	-2,183	-2,741	1,387	-1,411	-4,362
Net Income	29,344	27,300	16,106	21,672	19,061	25,439
Net Income to Common	29,344	27,300	16,106	21,672	19,061	25,439
Net Income Growth	79.06%	69.51%	-25.69%	13.70%	-25.07%	20.12%
Shares Outstanding (Basic)	11	11	11	11	12	12
Shares Outstanding (Diluted)	11	11	11	11	12	12
Shares Change	0.01%	0.01%	-0.01%	-2.04%	-1.79%	-
EPS (Basic)	2572.48	2393.28	1412.00	1899.91	1636.95	2145.47
EPS (Diluted)	2572.28	2393.28	1412.00	1899.91	1636.95	2145.47
EPS Growth	79.03%	69.49%	-25.68%	16.06%	-23.70%	20.12%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	36,966	31,877	38,995	4,994	672.13	21,578
Free Cash Flow Per Share	3240.60	2794.52	3418.76	437.76	57.72	1819.88
Dividend Per Share	-	-	-	850.000	1050.000	600.000
Dividend Growth	-	-	-	-19.05%	75.00%	0%
Gross Margin	43.14%	45.30%	48.77%	48.66%	52.74%	55.17%
Operating Margin	15.31%	16.14%	17.71%	9.61%	10.52%	11.03%
Profit Margin	23.70%	21.45%	12.00%	20.11%	15.68%	19.04%
Free Cash Flow Margin	29.85%	25.04%	29.04%	4.63%	0.55%	16.15%
EBITDA	36,551	38,663	40,783	20,855	25,792	30,203
EBITDA Margin	29.52%	30.38%	30.38%	19.35%	21.21%	22.60%
D&A For EBITDA	17,589	18,120	17,004	10,495	12,999	15,469
EBIT	18,962	20,543	23,780	10,360	12,793	14,734
EBIT Margin	15.31%	16.14%	17.71%	9.61%	10.52%	11.03%
Effective Tax Rate	18.01%	16.50%	18.51%	21.73%	26.20%	23.66%
Advertising Expenses	-	2,683	2,820	3,312	5,284	5,253