Synic Solution 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	154,564	167,426	138,230
Other Revenue	-	-0	-
Revenue	154,564	167,426	138,230
Revenue Growth (YoY)	-7.68%	21.12%	-
Cost of Revenue	142,350	154,406	127,844
Gross Profit	12,214	13,020	10,385
Selling, General & Admin	7,029	5,620	4,972
Research & Development	1,486	1,213	1,267
Amortization of Goodwill & Intangibles	97.53	94.22	193.07
Other Operating Expenses	290.08	232.63	267.43
Operating Expenses	9,702	7,750	5,782
Operating Income	2,512	5,270	4,604
Interest Expense	-458.16	-508.35	-573.32
Interest & Investment Income	305.42	334.62	365.15
Currency Exchange Gain (Loss)	-444.9	2,042	115.19
Other Non Operating Income (Expenses)	-178.64	30.03	-1,554
EBT Excluding Unusual Items	1,736	7,168	2,957
Gain (Loss) on Sale of Investments	227.23	79.18	-44.13
Gain (Loss) on Sale of Assets	-	-	34.28
Asset Writedown	-	-	-175.61
Other Unusual Items	7.33	-	10.29
Pretax Income	1,970	7,247	2,782
Income Tax Expense	200.09	1,726	1,148
Earnings From Continuing Operations	1,770	5,521	1,634
Minority Interest in Earnings	-44.22	11.11	-42.21
Net Income	1,726	5,532	1,592
Net Income to Common	1,726	5,532	1,592
Net Income Growth	-68.80%	247.44%	-
Shares Outstanding (Basic)	22	20	17
Shares Outstanding (Diluted)	22	20	17
Shares Change (YoY)	9.42%	20.41%	-
EPS (Basic)	79.00	277.00	96.00
EPS (Diluted)	79.00	277.00	96.00
EPS Growth	-71.48%	188.54%	-
Free Cash Flow	-2,420	618.26	2,245
Free Cash Flow Per Share	-110.75	30.96	135.39
Gross Margin	7.90%	7.78%	7.51%
Operating Margin	1.63%	3.15%	3.33%
Profit Margin	1.12%	3.30%	1.15%
Free Cash Flow Margin	-1.57%	0.37%	1.62%
EBITDA	2,813	5,651	5,020
EBITDA Margin	1.82%	3.38%	3.63%
D&A For EBITDA	300.34	380.97	416.29
EBIT	2,512	5,270	4,604
EBIT Margin	1.63%	3.15%	3.33%
Effective Tax Rate	10.15%	23.82%	41.25%

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