Watos Corea 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	14,126	17,498	17,678	19,511	20,027
Other Revenue	-	-0	-	-	-
Revenue	14,126	17,498	17,678	19,511	20,027
Revenue Growth (YoY)	-19.27%	-1.02%	-9.40%	-2.58%	9.37%
Cost of Revenue	11,064	13,176	13,101	14,635	14,933
Gross Profit	3,062	4,321	4,576	4,876	5,094
Selling, General & Admin	6,902	4,000	4,143	4,175	4,131
Research & Development	42.09	50.25	51.04	33.63	34.94
Amortization of Goodwill & Intangibles	15.97	15.57	15.19	21.5	23.85
Other Operating Expenses	85.13	69.79	92.13	80.06	76.02
Operating Expenses	7,378	4,569	4,667	4,739	4,689
Operating Income	-4,316	-247.22	-90.31	136.82	404.89
Interest Expense	-4.51	-18.99	-19.91	-20.81	-21.69
Interest & Investment Income	1,746	2,390	2,597	2,295	1,085
Currency Exchange Gain (Loss)	-49.19	154.37	-5.26	35.81	31.88
Other Non Operating Income (Expenses)	37.59	-75.46	9.43	28.65	234.54
EBT Excluding Unusual Items	-2,586	2,203	2,491	2,475	1,734
Gain (Loss) on Sale of Investments	-4.39	89.83	706.41	-243.2	-64.67
Gain (Loss) on Sale of Assets	527.67	202.57	0.23	4,494	-7.58
Asset Writedown	-1,579	-	-	-	-
Pretax Income	-3,642	2,495	3,198	6,726	1,662
Income Tax Expense	-900.09	429.75	530.87	1,414	240.81
Net Income	-2,742	2,066	2,667	5,312	1,421
Net Income to Common	-2,742	2,066	2,667	5,312	1,421
Net Income Growth	-	-22.53%	-49.80%	273.72%	-2.25%
Shares Outstanding (Basic)	-	7	7	7	7
Shares Outstanding (Diluted)	-	7	7	7	7
Shares Change (YoY)	-	-0.61%	-	-	-
EPS (Basic)	-	288.73	370.44	737.93	197.46
EPS (Diluted)	-	288.73	370.44	737.93	197.46
EPS Growth	-	-22.06%	-49.80%	273.72%	-2.25%
Free Cash Flow	-1,459	4,203	2,142	2,981	2,943
Free Cash Flow Per Share	-	587.52	297.56	414.06	408.79
Gross Margin	21.68%	24.70%	25.89%	24.99%	25.44%
Operating Margin	-30.55%	-1.41%	-0.51%	0.70%	2.02%
Profit Margin	-19.41%	11.81%	15.09%	27.23%	7.10%
Free Cash Flow Margin	-10.33%	24.02%	12.12%	15.28%	14.69%
EBITDA	-3,435	892.03	1,118	1,413	1,722
EBITDA Margin	-24.32%	5.10%	6.32%	7.24%	8.60%
D&A For EBITDA	880.56	1,139	1,208	1,276	1,317
EBIT	-4,316	-247.22	-90.31	136.82	404.89
EBIT Margin	-30.55%	-1.41%	-0.51%	0.70%	2.02%
Effective Tax Rate	-	17.22%	16.60%	21.02%	14.49%
Advertising Expenses	-	-	-	7.39	3.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.