GnCenergy 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	271,699	226,316	166,417	148,546	122,488	161,021
Other Revenue	0	-	-0	-	-	-
Revenue	271,699	226,316	166,417	148,546	122,488	161,021
Revenue Growth (YoY)	25.74%	35.99%	12.03%	21.27%	-23.93%	-4.35%
Cost of Revenue	204,016	183,104	144,167	134,658	108,445	145,720
Gross Profit	67,683	43,212	22,250	13,888	14,043	15,300
Selling, General & Admin	11,507	10,084	8,657	6,453	5,893	7,601
Research & Development	1,096	1,076	1,139	948.59	869.84	217.07
Amortization of Goodwill & Intangibles	2.22	2.68	64.99	66.04	70.68	246.15
Other Operating Expenses	228.87	202.34	192.27	113.63	108.41	367.96
Operating Expenses	14,598	11,508	11,227	7,794	7,131	8,469
Operating Income	53,085	31,704	11,023	6,093	6,912	6,831
Interest Expense	-913.25	-1,526	-625.19	-824.19	-283.55	-354.98
Interest & Investment Income	4,452	2,703	1,223	379.59	163.71	189.03
Earnings From Equity Investments	4,363	4,363	915.68	288.14	-751.28	-132.18
Currency Exchange Gain (Loss)	-2,788	-2,483	417.19	-1,493	-487.61	-96.93
Other Non Operating Income (Expenses)	769.45	14,460	727.65	-793.13	1,007	-6,161
EBT Excluding Unusual Items	58,968	49,220	13,682	3,651	6,561	275.42
Gain (Loss) on Sale of Investments	-627.78	-683.31	189.46	-151.84	355.99	1,943
Gain (Loss) on Sale of Assets	-185.12	-134.03	-2	1.13	-387.99	-453.02
Asset Writedown	-105.47	-15.95	-	-15.24	-21.26	-541.63
Pretax Income	58,050	48,387	13,869	3,485	6,508	1,224
Income Tax Expense	17,578	9,523	2,164	758.95	1,792	610.63
Earnings From Continuing Operations	40,472	38,865	11,705	2,726	4,715	612.89
Earnings From Discontinued Operations	-	-	-	23,267	-959.65	-
Net Income to Company	40,472	38,865	11,705	25,994	3,756	612.89
Minority Interest in Earnings	-196.65	-380.05	-315.56	1,401	649.81	2,381
Net Income	40,276	38,485	11,389	27,395	4,406	2,994
Net Income to Common	40,276	38,485	11,389	27,395	4,406	2,994
Net Income Growth	0.51%	237.90%	-58.43%	521.82%	47.15%	-55.33%
Shares Outstanding (Basic)	15	15	15	16	16	16
Shares Outstanding (Diluted)	16	15	15	16	16	16
Shares Change (YoY)	3.94%	-3.28%	-4.93%	0.27%	2.87%	-0.96%
EPS (Basic)	2637.21	2581.51	738.96	1726.93	279.08	190.49
EPS (Diluted)	2584.83	2581.51	738.96	1695.09	279.24	190.00
EPS Growth	-3.23%	249.34%	-56.41%	507.04%	46.97%	-54.98%
Free Cash Flow	48,909	19,362	56,081	-37,983	11,023	14,538
Free Cash Flow Per Share	3136.88	1298.80	3638.62	-2342.79	681.72	924.97
Dividend Per Share	100.000	100.000	70.000	50.000	50.000	50.000
Dividend Growth	42.86%	42.86%	40.00%	-	-	-
Gross Margin	24.91%	19.09%	13.37%	9.35%	11.46%	9.50%
Operating Margin	19.54%	14.01%	6.62%	4.10%	5.64%	4.24%
Profit Margin	14.82%	17.00%	6.84%	18.44%	3.60%	1.86%
Free Cash Flow Margin	18.00%	8.55%	33.70%	-25.57%	9.00%	9.03%
EBITDA	58,863	35,815	13,434	8,635	9,480	9,397
EBITDA Margin	21.66%	15.82%	8.07%	5.81%	7.74%	5.84%
D&A For EBITDA	5,778	4,111	2,411	2,541	2,568	2,566
EBIT	53,085	31,704	11,023	6,093	6,912	6,831
EBIT Margin	19.54%	14.01%	6.62%	4.10%	5.64%	4.24%
Effective Tax Rate	30.28%	19.68%	15.60%	21.78%	27.54%	49.91%
Advertising Expenses	-	48.36	33.55	24.55	32.69	46.85

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