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	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Operating Revenue	111,391	125,564	142,986	147,161	134,568	101,524	Upgrade
Other Revenue	-0	-0	-	-	-	-	Upgrade
Revenue	111,391	125,564	142,986	147,161	134,568	101,524	Upgrade
Revenue Growth (YoY)	-15.15%	-12.19%	-2.84%	9.36%	32.55%	-19.54%	Upgrade
Cost of Revenue	71,000	77,395	85,092	84,605	79,534	64,700	Upgrade
Gross Profit	40,391	48,169	57,894	62,556	55,034	36,824	Upgrade
Selling, General & Admin	27,381	24,872	24,623	24,406	19,683	21,452	Upgrade
Research & Development	13,174	13,732	10,795	9,326	8,171	4,785	Upgrade
Amortization of Goodwill & Intangibles	149.51	193.38	200.43	268.63	217.67	168.01	Upgrade
Other Operating Expenses	161.23	122.66	138.81	217.3	568.8	132.8	Upgrade
Operating Expenses	42,856	41,537	38,198	37,199	30,965	28,388	Upgrade
Operating Income	-2,464	6,631	19,696	25,357	24,069	8,436	Upgrade
Interest Expense	-303.22	-787.66	-1,260	-937.16	-946.06	-915.89	Upgrade
Interest & Investment Income	3,896	4,288	3,714	1,934	797.69	1,028	Upgrade
Earnings From Equity Investments	-1,035	-504.59	-	-	-	-	Upgrade
Currency Exchange Gain (Loss)	2,381	3,659	642.93	926.81	3,093	-2,065	Upgrade
Other Non Operating Income (Expenses)	2,009	-1,124	-68.99	-2,215	-745.14	-1,690	Upgrade
EBT Excluding Unusual Items	4,484	12,162	22,723	25,065	26,268	4,792	Upgrade
Gain (Loss) on Sale of Investments	-10.15	-22.3	92.34	-	82.53	2.23	Upgrade
Gain (Loss) on Sale of Assets	15.05	60.89	709.84	2,453	-102.82	13.49	Upgrade
Asset Writedown	-	-	-	-2,257	-5,931	-6,826	Upgrade
Pretax Income	4,489	12,200	23,525	25,261	20,317	-2,018	Upgrade
Income Tax Expense	4,053	4,451	4,063	3,412	6,224	2,059	Upgrade
Earnings From Continuing Operations	435.09	7,749	19,462	21,849	14,093	-4,077	Upgrade
Minority Interest in Earnings	60.26	80.4	137.5	199.41	365.16	2,161	Upgrade
Net Income	495.35	7,830	19,600	22,049	14,458	-1,916	Upgrade
Net Income to Common	495.35	7,830	19,600	22,049	14,458	-1,916	Upgrade
Net Income Growth	-95.58%	-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
EPS (Basic)	31.48	497.54	1245.52	1401.14	918.77	-121.74	Upgrade
EPS (Diluted)	31.48	497.54	1245.52	1401.14	918.77	-121.74	Upgrade
EPS Growth	-95.58%	-60.05%	-11.11%	52.50%	-	-	Upgrade
Free Cash Flow	8,525	18,827	23,785	14,696	19,029	20,763	Upgrade
Free Cash Flow Per Share	541.76	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	36.26%	38.36%	40.49%	42.51%	40.90%	36.27%	Upgrade
Operating Margin	-2.21%	5.28%	13.78%	17.23%	17.89%	8.31%	Upgrade
Profit Margin	0.45%	6.24%	13.71%	14.98%	10.74%	-1.89%	Upgrade
Free Cash Flow Margin	7.65%	14.99%	16.63%	9.99%	14.14%	20.45%	Upgrade
EBITDA	2,743	11,966	23,819	30,312	30,741	16,479	Upgrade
EBITDA Margin	2.46%	9.53%	16.66%	20.60%	22.84%	16.23%	Upgrade
D&A For EBITDA	5,208	5,335	4,123	4,954	6,673	8,043	Upgrade
EBIT	-2,464	6,631	19,696	25,357	24,069	8,436	Upgrade
EBIT Margin	-2.21%	5.28%	13.78%	17.23%	17.89%	8.31%	Upgrade
Effective Tax Rate	90.31%	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.