Innowireless 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	182,796	189,720	137,371	132,854	90,669	92,967
Other Revenue	0	-	-0	-	-	-
Revenue	182,796	189,720	137,371	132,854	90,669	92,967
Revenue Growth (YoY)	-5.54%	38.11%	3.40%	46.53%	-2.47%	-4.01%
Cost of Revenue	142,197	144,721	90,685	83,406	53,579	53,030
Gross Profit	40,599	44,998	46,686	49,448	37,089	39,937
Selling, General & Admin	38,741	38,593	34,572	33,440	22,178	23,677
Research & Development	654.83	691.24	-	-	-	-
Amortization of Goodwill & Intangibles	874.36	893.61	115.88	122.13	122.21	128.91
Other Operating Expenses	602.32	562.44	334.75	289.93	281.38	298.48
Operating Expenses	42,936	42,561	36,405	35,108	23,665	26,141
Operating Income	-2,337	2,438	10,282	14,340	13,425	13,796
Interest Expense	-905.48	-1,357	-134.4	-96.4	-38.96	-204.68
Interest & Investment Income	990.64	1,173	1,937	379.69	167	210.87
Currency Exchange Gain (Loss)	925.03	2,473	386.22	-386.69	349.94	107.63
Other Non Operating Income (Expenses)	176.76	811.5	717.55	168.29	138.72	405.43
EBT Excluding Unusual Items	-1,150	5,538	13,188	14,405	14,041	14,315
Gain (Loss) on Sale of Investments	-9.84	-1.64	128.19	88.17	1,064	22.54
Gain (Loss) on Sale of Assets	62.05	126.38	2.85	154.86	-90.38	-89.37
Asset Writedown	196.69	196.69	-49.79	-69	271.13	126
Pretax Income	-901.24	5,860	13,269	14,579	15,286	14,374
Income Tax Expense	2,274	2,951	2,427	1,128	124.88	1,273
Earnings From Continuing Operations	-3,175	2,908	10,841	13,451	15,162	13,101
Net Income to Company	-3,175	2,908	10,841	13,451	15,162	13,101
Minority Interest in Earnings	-321.97	-375.26	-	-	-	-
Net Income	-3,497	2,533	10,841	13,451	15,162	13,101
Net Income to Common	-3,497	2,533	10,841	13,451	15,162	13,101
Net Income Growth	-	-76.63%	-19.40%	-11.28%	15.73%	-0.35%
Shares Outstanding (Basic)	8	8	8	7	7	7
Shares Outstanding (Diluted)	8	8	8	7	7	7
Shares Change (YoY)	-0.00%	0.31%	12.51%	-	-	-
EPS (Basic)	-459.87	333.15	1430.25	1996.38	2250.31	1972.69
EPS (Diluted)	-460.00	333.00	1430.00	1996.00	2250.00	1961.70
EPS Growth	-	-76.71%	-28.36%	-11.29%	14.70%	-5.60%
Free Cash Flow	-4,910	10,963	2,517	12,277	12,252	13,197
Free Cash Flow Per Share	-645.66	1441.83	332.09	1822.20	1818.47	1958.77
Dividend Per Share	120.000	120.000	-	-	-	250.000
Gross Margin	22.21%	23.72%	33.99%	37.22%	40.91%	42.96%
Operating Margin	-1.28%	1.29%	7.49%	10.79%	14.81%	14.84%
Profit Margin	-1.91%	1.33%	7.89%	10.12%	16.72%	14.09%
Free Cash Flow Margin	-2.69%	5.78%	1.83%	9.24%	13.51%	14.20%
EBITDA	3,285	8,141	14,936	18,078	17,224	17,637
EBITDA Margin	1.80%	4.29%	10.87%	13.61%	19.00%	18.97%
D&A For EBITDA	5,623	5,703	4,655	3,738	3,799	3,841
EBIT	-2,337	2,438	10,282	14,340	13,425	13,796
EBIT Margin	-1.28%	1.29%	7.48%	10.79%	14.81%	14.84%
Effective Tax Rate	-	50.37%	18.29%	7.74%	0.82%	8.86%
Advertising Expenses	-	561.59	492.37	414.01	229.05	130.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.