Bankware Global 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	63,448	50,201	72,914	72,895	95,016
Other Revenue	-	-	-0	-0	-
Revenue	63,448	50,201	72,914	72,895	95,016
Revenue Growth (YoY)	26.39%	-31.15%	0.03%	-23.28%	66.29%
Cost of Revenue	55,151	51,360	64,345	69,572	84,699
Gross Profit	8,298	-1,159	8,569	3,324	10,317
Selling, General & Admin	10,732	11,552	11,781	7,960	5,984
Other Operating Expenses	99.5	245.1	351.88	1,102	204.61
Operating Expenses	12,679	13,775	13,125	9,848	6,762
Operating Income	-4,381	-14,934	-4,556	-6,524	3,555
Interest Expense	-626.53	-986.25	-2,240	-1,603	-997.01
Interest & Investment Income	550.49	451.92	279.52	362.41	35.11
Earnings From Equity Investments	171.13	457.9	153.97	-141.47	-566.11
Currency Exchange Gain (Loss)	-72.95	505.64	-312.42	254.55	237.59
Other Non Operating Income (Expenses)	-191.98	33.8	661.31	-3,777	482.11
EBT Excluding Unusual Items	-4,551	-14,471	-6,013	-11,428	2,747
Gain (Loss) on Sale of Investments	25.93	15.84	16.94	17.83	39.6
Gain (Loss) on Sale of Assets	-6.63	-0.29	-65.02	0.26	-2.26
Asset Writedown	-	-	-73.47	-38.08	-4,147
Pretax Income	-4,532	-14,455	-6,135	-11,448	-1,362
Income Tax Expense	-1,769	-225.63	1,844	80.7	480.89
Earnings From Continuing Operations	-2,763	-14,230	-7,979	-11,529	-1,843
Minority Interest in Earnings	-	-	-	-	-59.77
Net Income	-2,763	-14,230	-7,979	-11,529	-1,903
Net Income to Common	-2,763	-14,230	-7,979	-11,529	-1,903
Shares Outstanding (Basic)	10	9	9	9	2
Shares Outstanding (Diluted)	10	9	9	9	2
Shares Change (YoY)	10.67%	6.85%	-	374.39%	-20.00%
EPS (Basic)	-273.00	-1556.00	-932.19	-1347.00	-1054.78
EPS (Diluted)	-273.00	-1556.00	-932.19	-1347.00	-1055.00
Free Cash Flow	-6,012	1,245	-3,379	-900.46	654.53
Free Cash Flow Per Share	-593.96	136.15	-394.74	-105.21	362.78
Gross Margin	13.08%	-2.31%	11.75%	4.56%	10.86%
Operating Margin	-6.91%	-29.75%	-6.25%	-8.95%	3.74%
Profit Margin	-4.35%	-28.35%	-10.94%	-15.82%	-2.00%
Free Cash Flow Margin	-9.47%	2.48%	-4.63%	-1.23%	0.69%
EBITDA	-2,126	-12,803	-3,180	-5,608	6,163
EBITDA Margin	-3.35%	-25.50%	-4.36%	-7.69%	6.49%
D&A For EBITDA	2,256	2,131	1,376	915.8	2,608
EBIT	-4,381	-14,934	-4,556	-6,524	3,555
EBIT Margin	-6.91%	-29.75%	-6.25%	-8.95%	3.74%
Advertising Expenses	-	-	106.32	155.41	52.95

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