ASFLOW Co., LTD. 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
Other Revenue	-	-	-	-	-0
Revenue	67,924	83,610	86,874	88,656	58,895
Revenue Growth (YoY)	-18.76%	-3.76%	-2.01%	50.53%	31.47%
Cost of Revenue	63,507	72,833	70,718	69,728	48,190
Gross Profit	4,418	10,777	16,156	18,928	10,705
Selling, General & Admin	8,744	8,524	6,564	4,963	5,038
Research & Development	2,074	2,735	2,799	2,714	1,222
Amortization of Goodwill & Intangibles	392.54	103.46	77.84	71.43	49
Other Operating Expenses	241.84	252.76	176.25	159.08	177.33
Operating Expenses	11,432	12,639	9,801	8,425	6,740
Operating Income	-7,015	-1,862	6,355	10,503	3,964
Interest Expense	-2,380	-2,726	-2,320	-1,220	-760.97
Interest & Investment Income	461.9	124.15	151.23	23.26	81.71
Currency Exchange Gain (Loss)	-464.63	2,414	-17.43	130.87	554.02
Other Non Operating Income (Expenses)	114.77	-67.28	54.55	615.09	63.72
EBT Excluding Unusual Items	-9,282	-2,118	4,224	10,052	3,903
Gain (Loss) on Sale of Investments	33.82	-570.95	-	-	-
Gain (Loss) on Sale of Assets	-203.18	-	1.27	0.5	-3.07
Asset Writedown	-655.91	-	-700	-	-1.4
Pretax Income	-10,108	-2,689	3,525	10,053	3,898
Income Tax Expense	-170.07	-321.52	-50.11	999.38	-80.26
Net Income	-9,937	-2,367	3,575	9,053	3,979
Net Income to Common	-9,937	-2,367	3,575	9,053	3,979
Net Income Growth	-	-	-60.51%	127.55%	-41.20%
Shares Outstanding (Basic)	13	13	13	13	12
Shares Outstanding (Diluted)	13	13	13	13	12
Shares Change (YoY)	-0.65%	-1.22%	-1.11%	12.10%	4.31%
EPS (Basic)	-769.00	-182.00	271.95	679.88	334.93
EPS (Diluted)	-769.00	-182.00	271.00	679.88	334.93
EPS Growth	-	-	-60.14%	102.99%	-43.84%
Free Cash Flow	-6,323	-756.01	-6,541	-6,140	-10,279
Free Cash Flow Per Share	-489.28	-58.12	-496.70	-461.08	-865.35
Gross Margin	6.50%	12.89%	18.60%	21.35%	18.18%
Operating Margin	-10.33%	-2.23%	7.32%	11.85%	6.73%
Profit Margin	-14.63%	-2.83%	4.12%	10.21%	6.75%
Free Cash Flow Margin	-9.31%	-0.90%	-7.53%	-6.93%	-17.45%
EBITDA	-4,020	1,506	9,642	13,551	6,156
EBITDA Margin	-5.92%	1.80%	11.10%	15.29%	10.45%
D&A For EBITDA	2,995	3,368	3,287	3,049	2,192
EBIT	-7,015	-1,862	6,355	10,503	3,964
EBIT Margin	-10.33%	-2.23%	7.32%	11.85%	6.73%
Effective Tax Rate	-	-	-	9.94%	-
Advertising Expenses	588.95	499.73	294.87	79.88	83.69

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