Mecaro 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
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
Operating Revenue	91,219	62,858	38,586	53,991	49,033	72,742
Other Revenue	-0	-0	-	-	-0	-
Revenue	91,219	62,858	38,586	53,991	49,033	72,742
Revenue Growth (YoY)	74.27%	62.91%	-28.53%	10.11%	-32.59%	0.34%
Cost of Revenue	45,168	34,032	24,111	32,546	28,955	47,865
Gross Profit	46,051	28,826	14,474	21,445	20,077	24,877
Selling, General & Admin	17,095	14,801	13,684	13,123	12,237	15,627
Research & Development	11,141	7,088	6,124	3,441	3,219	5,413
Amortization of Goodwill & Intangibles	187.48	256.66	308.1	329.82	338.17	353.8
Other Operating Expenses	449.66	405.33	434.15	426.33	386.06	447.48
Operating Expenses	31,037	24,708	22,098	18,892	17,429	24,689
Operating Income	15,014	4,118	-7,623	2,554	2,648	187.6
Interest Expense	-55.38	-65.3	-80.88	-26.37	-41.61	-55.26
Interest & Investment Income	1,893	2,520	4,183	522.63	331.15	496.01
Earnings From Equity Investments	2,755	2,191	-	-	-	-
Currency Exchange Gain (Loss)	743.96	1,260	-49.37	461.57	660.46	-411.77
Other Non Operating Income (Expenses)	168.33	338.4	511.32	69.5	718.88	262.27
EBT Excluding Unusual Items	20,519	10,363	-3,060	3,581	4,317	478.86
Gain (Loss) on Sale of Investments	-1,375	-1,313	96.05	-0.23	713.36	-
Gain (Loss) on Sale of Assets	14.91	48.3	-175.46	-131.68	591.22	291.07
Asset Writedown	-	-	-9.31	-369.13	-	-3,855
Pretax Income	19,159	9,099	-3,148	3,080	5,621	-3,085
Income Tax Expense	3,816	3,033	-1,006	1,353	-1,280	393.92
Earnings From Continuing Operations	15,343	6,066	-2,143	1,727	6,902	-3,479
Earnings From Discontinued Operations	225.67	-550.51	-213.94	41,967	822.67	-
Net Income to Company	15,569	5,515	-2,357	43,694	7,724	-3,479
Minority Interest in Earnings	-	-	-	-	249.1	1,838
Net Income	15,569	5,515	-2,357	43,694	7,973	-1,641
Net Income to Common	15,569	5,515	-2,357	43,694	7,973	-1,641
Net Income Growth	1291.62%	-	-	448.00%	-	-
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.23%	0.11%	0.25%	0.15%	0.27%	-2.12%
EPS (Basic)	1579.46	560.10	-239.58	4452.87	816.05	-167.89
EPS (Diluted)	1578.78	560.09	-239.75	4452.87	813.96	-168.00
EPS Growth	1291.82%	-	-	447.06%	-	-
Free Cash Flow	-5,363	-12,151	-44,140	-16,655	-9,722	-6,166
Free Cash Flow Per Share	-543.89	-1233.94	-4487.26	-1697.31	-992.22	-631.05
Dividend Per Share	150.000	150.000	-	-	-	-
Gross Margin	50.48%	45.86%	37.51%	39.72%	40.95%	34.20%
Operating Margin	16.46%	6.55%	-19.76%	4.73%	5.40%	0.26%
Profit Margin	17.07%	8.77%	-6.11%	80.93%	16.26%	-2.25%
Free Cash Flow Margin	-5.88%	-19.33%	-114.39%	-30.85%	-19.83%	-8.48%
EBITDA	25,293	13,541	29.51	12,563	12,707	9,467
EBITDA Margin	27.73%	21.54%	0.08%	23.27%	25.91%	13.01%
D&A For EBITDA	10,279	9,423	7,653	10,009	10,059	9,280
EBIT	15,014	4,118	-7,623	2,554	2,648	187.6
EBIT Margin	16.46%	6.55%	-19.76%	4.73%	5.40%	0.26%
Effective Tax Rate	19.92%	33.33%	-	43.93%	-	-
Advertising Expenses	-	123.62	78.66	94	14.96	50.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.