Rayence 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	113,140	125,564	142,986	147,161	134,568	101,524	Upgrade
Other Revenue	-0	-0	-	-	-	-	Upgrade
Revenue	113,140	125,564	142,986	147,161	134,568	101,524	Upgrade
Revenue Growth (YoY)	-17.00%	-12.19%	-2.84%	9.36%	32.55%	-19.54%	Upgrade
Cost of Revenue	72,277	77,395	85,092	84,605	79,534	64,700	Upgrade
Gross Profit	40,863	48,169	57,894	62,556	55,034	36,824	Upgrade
Selling, General & Admin	26,532	24,872	24,623	24,406	19,683	21,452	Upgrade
Research & Development	13,415	13,732	10,795	9,326	8,171	4,785	Upgrade
Other Operating Expenses	182.06	122.66	138.81	217.3	568.8	132.8	Upgrade
Operating Expenses	42,626	41,537	38,198	37,199	30,965	28,388	Upgrade
Operating Income	-1,763	6,631	19,696	25,357	24,069	8,436	Upgrade
Interest Expense	-303.39	-787.66	-1,260	-937.16	-946.06	-915.89	Upgrade
Interest & Investment Income	4,086	4,288	3,714	1,934	797.69	1,028	Upgrade
Earnings From Equity Investments	-610.98	-504.59	-	-	-	-	Upgrade
Currency Exchange Gain (Loss)	270.92	3,659	642.93	926.81	3,093	-2,065	Upgrade
Other Non Operating Income (Expenses)	457.54	-1,124	-68.99	-2,215	-745.14	-1,690	Upgrade
EBT Excluding Unusual Items	2,136	12,162	22,723	25,065	26,268	4,792	Upgrade
Gain (Loss) on Sale of Investments	-17.14	-22.3	92.34	-	82.53	2.23	Upgrade
Gain (Loss) on Sale of Assets	10.53	60.89	709.84	2,453	-102.82	13.49	Upgrade
Asset Writedown	-	-	-	-2,257	-5,931	-6,826	Upgrade
Pretax Income	2,130	12,200	23,525	25,261	20,317	-2,018	Upgrade
Income Tax Expense	2,453	4,451	4,063	3,412	6,224	2,059	Upgrade
Earnings From Continuing Operations	-323.15	7,749	19,462	21,849	14,093	-4,077	Upgrade
Minority Interest in Earnings	-45.86	80.4	137.5	199.41	365.16	2,161	Upgrade
Net Income	-369.01	7,830	19,600	22,049	14,458	-1,916	Upgrade
Net Income to Common	-369.01	7,830	19,600	22,049	14,458	-1,916	Upgrade
Net Income Growth	-	-60.05%	-11.11%	52.50%	-	-	Upgrade
Shares Outstanding (Basic)	16	16	16	16	16	16	Upgrade
Shares Outstanding (Diluted)	16	16	16	16	16	16	Upgrade
Shares Change (YoY)	0.28%	-	-	-	-	-	Upgrade
EPS (Basic)	-23.39	497.54	1245.52	1401.14	918.77	-121.74	Upgrade
EPS (Diluted)	-23.39	497.54	1245.52	1401.14	918.77	-121.74	Upgrade
EPS Growth	-	-60.05%	-11.11%	52.50%	-	-	Upgrade
Free Cash Flow	14,195	18,827	23,785	14,696	19,029	20,763	Upgrade
Free Cash Flow Per Share	899.83	1196.42	1511.45	933.88	1209.22	1319.40	Upgrade
Dividend Per Share	100.000	100.000	100.000	300.000	100.000	-	Upgrade
Dividend Growth	-	-	-66.67%	200.00%	-	-	Upgrade
Gross Margin	36.12%	38.36%	40.49%	42.51%	40.90%	36.27%	Upgrade
Operating Margin	-1.56%	5.28%	13.78%	17.23%	17.89%	8.31%	Upgrade
Profit Margin	-0.33%	6.24%	13.71%	14.98%	10.74%	-1.89%	Upgrade
Free Cash Flow Margin	12.55%	14.99%	16.63%	9.99%	14.14%	20.45%	Upgrade
EBITDA	3,641	11,966	23,819	30,312	30,741	16,479	Upgrade
EBITDA Margin	3.22%	9.53%	16.66%	20.60%	22.84%	16.23%	Upgrade
D&A For EBITDA	5,404	5,335	4,123	4,954	6,673	8,043	Upgrade
EBIT	-1,763	6,631	19,696	25,357	24,069	8,436	Upgrade
EBIT Margin	-1.56%	5.28%	13.78%	17.23%	17.89%	8.31%	Upgrade
Effective Tax Rate	115.17%	36.48%	17.27%	13.51%	30.63%	-	Upgrade
Advertising Expenses	-	943.38	784.27	1,107	867.36	641.2	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.