Advanced Process Systems 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	460,145	516,698	533,579	486,608	528,741
Other Revenue	-0	-	-0	-0	-0
Revenue	460,145	516,698	533,579	486,608	528,741
Revenue Growth (YoY)	-10.95%	-3.16%	9.65%	-7.97%	-10.66%
Cost of Revenue	371,079	416,639	428,167	344,201	414,298
Gross Profit	89,066	100,059	105,412	142,406	114,443
Selling, General & Admin	36,475	32,743	31,812	33,231	32,632
Research & Development	17,572	18,016	10,828	10,283	9,564
Amortization of Goodwill & Intangibles	47.97	45.03	90.53	278.41	284.83
Other Operating Expenses	2,374	1,691	3,126	5,290	1,662
Operating Expenses	55,738	53,470	45,291	51,741	49,933
Operating Income	33,328	46,588	60,121	90,665	64,510
Interest Expense	-5,837	-5,483	-5,854	-3,810	-2,851
Interest & Investment Income	5,370	8,072	6,412	2,359	398.72
Earnings From Equity Investments	-	-	10,791	-650.58	-
Currency Exchange Gain (Loss)	-6,162	18,210	2,669	16,256	10,626
Other Non Operating Income (Expenses)	2,432	1,792	1,258	1,421	1,138
EBT Excluding Unusual Items	29,130	69,180	75,398	106,241	73,823
Gain (Loss) on Sale of Investments	-71.91	-268	808.13	178.85	-
Gain (Loss) on Sale of Assets	-1,735	-11.97	-173.75	4,132	1,725
Asset Writedown	-0.71	-3,259	-125.63	-13.64	-
Other Unusual Items	-	-	281.49	-	-
Pretax Income	27,323	65,641	76,188	110,538	75,547
Income Tax Expense	3,538	13,857	16,154	28,301	18,381
Net Income	23,785	51,784	60,034	82,238	57,166
Net Income to Common	23,785	51,784	60,034	82,238	57,166
Net Income Growth	-54.07%	-13.74%	-27.00%	43.86%	129.11%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
Shares Change (YoY)	-0.96%	-0.01%	-0.23%	-0.44%	-0.32%
EPS (Basic)	1605.00	3448.00	3996.88	5462.56	3931.61
EPS (Diluted)	1599.00	3448.00	3996.88	5462.56	3781.13
EPS Growth	-53.63%	-13.73%	-26.83%	44.47%	129.70%
Free Cash Flow	-30,516	38,028	41,822	96,741	62,546
Free Cash Flow Per Share	-2051.50	2532.04	2784.37	6425.94	4136.13
Gross Margin	19.36%	19.36%	19.76%	29.27%	21.64%
Operating Margin	7.24%	9.02%	11.27%	18.63%	12.20%
Profit Margin	5.17%	10.02%	11.25%	16.90%	10.81%
Free Cash Flow Margin	-6.63%	7.36%	7.84%	19.88%	11.83%
EBITDA	41,728	53,393	66,052	97,495	73,252
EBITDA Margin	9.07%	10.33%	12.38%	20.04%	13.85%
D&A For EBITDA	8,400	6,805	5,931	6,830	8,741
EBIT	33,328	46,588	60,121	90,665	64,510
EBIT Margin	7.24%	9.02%	11.27%	18.63%	12.20%
Effective Tax Rate	12.95%	21.11%	21.20%	25.60%	24.33%

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