Innox 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	46,928	38,963	54,547	58,341	55,412	48,621
Other Revenue	17,202	17,202	7,150	22,082	19,730	5,740
Revenue	64,129	56,165	61,697	80,422	75,142	54,361
Revenue Growth (YoY)	40.96%	-8.97%	-23.28%	7.03%	38.23%	30.86%
Cost of Revenue	28,330	28,336	37,505	42,882	37,581	34,092
Gross Profit	35,800	27,829	24,192	37,540	37,562	20,269
Selling, General & Admin	21,482	18,859	15,291	13,183	11,781	9,990
Research & Development	946.09	905.06	1,146	983.16	788.25	574.63
Amortization of Goodwill & Intangibles	90.7	108.63	88.39	33.69	3.93	2.56
Other Operating Expenses	757.02	823.46	1,075	806.39	497.68	443.23
Operating Expenses	23,651	21,505	19,295	15,969	13,254	9,655
Operating Income	12,149	6,324	4,898	21,571	24,308	10,613
Interest Expense	-6,039	-5,967	-4,691	-2,027	-1,826	-1,814
Interest & Investment Income	1,153	2,063	1,807	574.14	187.88	217.38
Earnings From Equity Investments	-28,024	-28,116	-17,080	-1,659	33,305	0.01
Currency Exchange Gain (Loss)	357.9	517.68	337.04	-1,130	-131.63	87.76
Other Non Operating Income (Expenses)	217.54	-748.14	-368.96	-1,004	-551.51	-581.39
EBT Excluding Unusual Items	-20,185	-25,926	-15,098	16,325	55,292	8,523
Gain (Loss) on Sale of Investments	6,186	5,418	6,253	1,235	3,634	8,467
Gain (Loss) on Sale of Assets	72.3	102.63	99.32	-97.69	-213.87	379.44
Asset Writedown	-3,736	-4,407	-6,389	-2,401	-2,524	-4,227
Other Unusual Items	-	-	-	-	-	400
Pretax Income	-17,663	-24,812	-15,135	15,062	56,188	13,542
Income Tax Expense	-394.49	-1,043	-1,121	1,425	1,669	1,168
Earnings From Continuing Operations	-17,268	-23,769	-14,014	13,637	54,519	12,374
Net Income to Company	-17,268	-23,769	-14,014	13,637	54,519	12,374
Minority Interest in Earnings	3,629	3,873	187.13	1,244	-2,337	-2,997
Net Income	-13,640	-19,897	-13,827	14,881	52,182	9,377
Net Income to Common	-13,640	-19,897	-13,827	14,881	52,182	9,377
Net Income Growth	-	-	-	-71.48%	456.51%	-
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-0.00%	0.27%	-0.46%	-0.99%	8.44%	-0.01%
EPS (Basic)	-1453.20	-2119.85	-1477.21	1608.86	5877.12	1070.58
EPS (Diluted)	-1453.20	-2120.00	-1477.21	1596.67	5516.51	1070.58
EPS Growth	-	-	-	-71.06%	415.28%	-
Free Cash Flow	-16,656	-19,473	1,185	-2,667	-6,118	1,935
Free Cash Flow Per Share	-1774.55	-2074.68	126.56	-283.59	-644.17	220.87
Gross Margin	55.82%	49.55%	39.21%	46.68%	49.99%	37.29%
Operating Margin	18.94%	11.26%	7.94%	26.82%	32.35%	19.52%
Profit Margin	-21.27%	-35.43%	-22.41%	18.50%	69.44%	17.25%
Free Cash Flow Margin	-25.97%	-34.67%	1.92%	-3.32%	-8.14%	3.56%
EBITDA	14,625	8,668	6,594	22,533	24,857	11,076
EBITDA Margin	22.80%	15.43%	10.69%	28.02%	33.08%	20.37%
D&A For EBITDA	2,476	2,344	1,697	962.17	549.21	462.24
EBIT	12,149	6,324	4,898	21,571	24,308	10,613
EBIT Margin	18.94%	11.26%	7.94%	26.82%	32.35%	19.52%
Effective Tax Rate	-	-	-	9.46%	2.97%	8.63%
Advertising Expenses	-	319.5	404.57	355.32	311.54	118.29

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