Modetour Network 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	198,504	251,552	178,585	29,450	12,211	53,620
Other Revenue	-	-	-	-	1,550	623.93
Revenue	198,504	251,552	178,585	29,450	13,760	54,244
Revenue Growth (YoY)	-19.73%	40.86%	506.41%	114.02%	-74.63%	-81.75%
Cost of Revenue	48,305	88,696	30,385	8,747	5,946	14,680
Gross Profit	150,199	162,855	148,200	20,702	7,815	39,564
Selling, General & Admin	135,771	148,141	132,095	42,017	25,176	51,635
Amortization of Goodwill & Intangibles	134.09	106.36	75.93	-	65.5	264.37
Other Operating Expenses	1,970	1,811	1,510	-	1,071	1,509
Operating Expenses	141,130	158,203	136,643	43,141	31,167	61,902
Operating Income	9,068	4,652	11,557	-22,438	-23,352	-22,338
Interest Expense	-	-862.89	-2,114	-	-3,431	-3,534
Interest & Investment Income	3,760	3,713	2,599	559.69	1,034	1,349
Earnings From Equity Investments	-368.93	-581.37	3,664	-215.95	4,019	-430.69
Currency Exchange Gain (Loss)	888.24	2,490	-194.53	-	-31.46	263.25
Other Non Operating Income (Expenses)	1,584	3,937	2,323	-3,285	42,780	1,769
EBT Excluding Unusual Items	14,932	13,348	17,834	-25,379	21,018	-22,921
Gain (Loss) on Sale of Investments	-244.74	-244.74	389.92	-	-	-
Gain (Loss) on Sale of Assets	-7.02	19.89	-12,212	-	-3.83	130.95
Asset Writedown	-	-	-	-	-3,799	-40,137
Pretax Income	14,680	13,123	6,012	-25,379	17,216	-62,927
Income Tax Expense	2,411	1,178	-1,462	-5,372	-2,380	428.52
Earnings From Continuing Operations	12,269	11,945	7,475	-20,007	19,596	-63,356
Earnings From Discontinued Operations	5,185	-1,104	5,713	7,966	-1,103	-1,355
Net Income to Company	17,455	10,841	13,188	-12,041	18,493	-64,711
Minority Interest in Earnings	-3.67	16.72	-2,910	-4,142	-920.06	184.9
Net Income	17,451	10,858	10,278	-16,183	17,573	-64,526
Net Income to Common	17,451	10,858	10,278	-16,183	17,573	-64,526
Net Income Growth	176.10%	5.64%	-	-	-	-
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	18
Shares Change (YoY)	-0.98%	0.56%	0.03%	-	-0.36%	-2.01%
EPS (Basic)	977.50	602.89	573.85	-903.80	981.39	-3590.73
EPS (Diluted)	977.50	602.89	573.85	-903.80	981.39	-3590.73
EPS Growth	178.82%	5.06%	-	-	-	-
Free Cash Flow	45,758	17,703	46,339	60,600	-26,633	-74,717
Free Cash Flow Per Share	2563.09	982.95	2587.19	3384.35	-1487.37	-4157.86
Dividend Per Share	242.431	242.431	-	-	-	-
Gross Margin	75.67%	64.74%	82.99%	70.30%	56.79%	72.94%
Operating Margin	4.57%	1.85%	6.47%	-76.19%	-169.71%	-41.18%
Profit Margin	8.79%	4.32%	5.75%	-54.95%	127.70%	-118.96%
Free Cash Flow Margin	23.05%	7.04%	25.95%	205.77%	-193.55%	-137.74%
EBITDA	12,789	8,251	16,280	-16,968	-17,795	-12,797
EBITDA Margin	6.44%	3.28%	9.12%	-57.62%	-129.32%	-23.59%
D&A For EBITDA	3,720	3,599	4,722	5,470	5,558	9,541
EBIT	9,068	4,652	11,557	-22,438	-23,352	-22,338
EBIT Margin	4.57%	1.85%	6.47%	-76.19%	-169.71%	-41.18%
Effective Tax Rate	16.42%	8.98%	-	-	-	-
Advertising Expenses	-	19,554	15,046	-	632.57	3,256

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