Hugel Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	451,929	425,110	373,047	319,700	281,675	231,859
Other Revenue	-0	-0	-	-0	-	-0
Revenue	451,929	425,110	373,047	319,700	281,675	231,859
Revenue Growth (YoY)	16.31%	13.96%	16.69%	13.50%	21.49%	9.87%
Cost of Revenue	97,382	91,626	85,871	73,537	62,818	54,825
Gross Profit	354,546	333,484	287,175	246,163	218,857	177,034
Selling, General & Admin	122,355	110,145	102,412	109,353	94,337	60,775
Research & Development	11,942	11,699	9,208	11,015	15,078	12,624
Amortization of Goodwill & Intangibles	5,445	5,438	4,323	4,347	4,136	3,613
Operating Expenses	145,017	132,941	120,946	128,425	117,478	81,423
Operating Income	209,529	200,543	166,229	117,738	101,378	95,611
Interest Expense	-1,316	-1,130	-1,178	-2,936	-3,112	-3,721
Interest & Investment Income	12,829	12,639	14,729	17,587	11,497	5,216
Earnings From Equity Investments	-31.46	305.6	-280.25	-179.08	-165.57	788.82
Currency Exchange Gain (Loss)	4,678	-841.67	6,057	1,580	-3,730	-2,998
Other Non Operating Income (Expenses)	-2,712	-2,588	-3,333	17,691	3,600	1,997
EBT Excluding Unusual Items	222,976	208,928	182,224	151,481	109,469	96,894
Gain (Loss) on Sale of Investments	-1,742	-2,706	875.04	-6,277	-29,539	-7,713
Gain (Loss) on Sale of Assets	-136.73	-134.06	512.4	-370.92	-124.66	-397.86
Asset Writedown	-9,330	-9,337	-18,431	-11,563	-6,718	-1,341
Pretax Income	211,768	196,751	165,180	133,270	73,087	87,442
Income Tax Expense	55,074	49,777	22,045	35,609	9,178	28,273
Earnings From Continuing Operations	156,694	146,974	143,135	97,660	63,908	59,169
Earnings From Discontinued Operations	-	-	-	-	-3,226	1,224
Net Income to Company	156,694	146,974	143,135	97,660	60,682	60,393
Minority Interest in Earnings	-5,629	-6,103	-7,321	-4,584	-3,350	-2,663
Net Income	151,065	140,872	135,814	93,076	57,332	57,730
Net Income to Common	151,065	140,872	135,814	93,076	57,332	57,730
Net Income Growth	4.86%	3.72%	45.92%	62.35%	-0.69%	37.48%
Shares Outstanding (Basic)	11	11	11	11	12	12
Shares Outstanding (Diluted)	11	11	11	12	13	13
Shares Change (YoY)	-1.76%	-3.12%	-6.10%	-4.65%	-2.22%	3.60%
EPS (Basic)	13992.44	13061.15	12520.27	8216.53	4811.48	4732.91
EPS (Diluted)	13744.90	12820.16	11987.79	7934.30	4741.96	4662.13
EPS Growth	7.21%	6.94%	51.09%	67.32%	1.71%	39.42%
Free Cash Flow	145,589	136,664	136,697	93,988	47,803	62,061
Free Cash Flow Per Share	13194.66	12384.85	12001.78	7748.68	3757.83	4770.43
Gross Margin	78.45%	78.45%	76.98%	77.00%	77.70%	76.35%
Operating Margin	46.36%	47.17%	44.56%	36.83%	35.99%	41.24%
Profit Margin	33.43%	33.14%	36.41%	29.11%	20.35%	24.90%
Free Cash Flow Margin	32.21%	32.15%	36.64%	29.40%	16.97%	26.77%
EBITDA	230,632	220,289	181,265	131,598	115,373	109,910
EBITDA Margin	51.03%	51.82%	48.59%	41.16%	40.96%	47.40%
D&A For EBITDA	21,103	19,746	15,036	13,860	13,994	14,299
EBIT	209,529	200,543	166,229	117,738	101,378	95,611
EBIT Margin	46.36%	47.17%	44.56%	36.83%	35.99%	41.24%
Effective Tax Rate	26.01%	25.30%	13.35%	26.72%	12.56%	32.33%
Advertising Expenses	-	18,168	17,151	17,017	13,041	7,348