NIBEC 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	32,719	24,550	15,704	21,670	13,625
Other Revenue	-0	-	-	-	-
Revenue	32,719	24,550	15,704	21,670	13,625
Revenue Growth (YoY)	33.27%	56.33%	-27.53%	59.05%	114.33%
Cost of Revenue	11,945	11,881	7,443	8,635	6,619
Gross Profit	20,774	12,669	8,261	13,035	7,006
Selling, General & Admin	8,717	12,392	10,490	12,390	4,612
Research & Development	5,613	4,074	-	-	3,333
Amortization of Goodwill & Intangibles	1,088	808.04	0.83	-	866.93
Other Operating Expenses	22.07	27.99	-	-	11.21
Operating Expenses	15,748	17,596	10,491	12,390	9,114
Operating Income	5,026	-4,927	-2,230	645.67	-2,108
Interest Expense	-506.19	-2,043	-4,053	-6,120	-1,827
Interest & Investment Income	360.34	417.24	1,535	239.19	66.77
Currency Exchange Gain (Loss)	-53.08	1,228	-	-	503.87
Other Non Operating Income (Expenses)	107.85	-1,823	-1,432	612.25	-2,345
EBT Excluding Unusual Items	4,935	-7,147	-6,181	-4,623	-5,710
Gain (Loss) on Sale of Investments	-	41.04	-	-	54.28
Gain (Loss) on Sale of Assets	3.89	3.83	-	-	2.34
Asset Writedown	-325.33	-2,245	-	-	-
Pretax Income	4,613	-9,347	-6,181	-4,623	-5,653
Income Tax Expense	-28.67	-20.35	102.95	-857.27	86.71
Net Income	4,642	-9,327	-6,284	-3,766	-5,740
Net Income to Common	4,642	-9,327	-6,284	-3,766	-5,740
Shares Outstanding (Basic)	-	10	10	10	10
Shares Outstanding (Diluted)	-	10	10	10	10
Shares Change (YoY)	-	4.41%	0.23%	0.34%	-
EPS (Basic)	-	-897.00	-631.00	-379.00	-579.60
EPS (Diluted)	-	-897.00	-631.00	-379.00	-579.60
Free Cash Flow	4,335	-1,235	-5,588	4,463	-822.52
Free Cash Flow Per Share	-	-118.80	-561.13	449.13	-83.06
Gross Margin	63.49%	51.61%	52.60%	60.15%	51.42%
Operating Margin	15.36%	-20.07%	-14.20%	2.98%	-15.47%
Profit Margin	14.19%	-37.99%	-40.02%	-17.38%	-42.13%
Free Cash Flow Margin	13.25%	-5.03%	-35.59%	20.59%	-6.04%
EBITDA	8,449	-1,680	51.98	3,099	460.49
EBITDA Margin	25.82%	-6.84%	0.33%	14.30%	3.38%
D&A For EBITDA	3,423	3,247	2,282	2,453	2,569
EBIT	5,026	-4,927	-2,230	645.67	-2,108
EBIT Margin	15.36%	-20.07%	-14.20%	2.98%	-15.47%
Advertising Expenses	270.77	170.15	-	-	29.51

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