Wise birds 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	45,521	30,788	13,858	15,774
Revenue Growth (YoY)	47.85%	122.16%	-12.14%	-
Cost of Revenue	53.26	48.12	87.4	31.92
Gross Profit	45,468	30,740	13,771	15,742
Selling, General & Admin	32,177	23,928	10,712	11,269
Research & Development	1,806	1,420	845.9	623.93
Amortization of Goodwill & Intangibles	1,349	1,125	16.47	21.99
Other Operating Expenses	953.67	805.02	486.06	301.99
Operating Expenses	37,893	28,434	13,552	13,176
Operating Income	7,575	2,305	218.77	2,566
Interest Expense	-5,314	-4,858	-47.02	-37.08
Interest & Investment Income	87.59	154.95	116.61	250.28
Currency Exchange Gain (Loss)	85.18	38.98	-162.57	-357.36
Other Non Operating Income (Expenses)	-492.28	6,259	3.68	-21.34
EBT Excluding Unusual Items	1,942	3,900	129.48	2,401
Gain (Loss) on Sale of Investments	381.09	87.35	905.96	207.48
Gain (Loss) on Sale of Assets	5.24	-15	-5.01	-29.12
Asset Writedown	-373.86	-1,079	-	-
Pretax Income	1,954	2,894	1,030	2,579
Income Tax Expense	92.35	764.17	187.49	340.15
Earnings From Continuing Operations	1,862	2,129	842.93	2,239
Minority Interest in Earnings	19.52	44.04	31.66	-
Net Income	1,881	2,174	874.59	2,239
Net Income to Common	1,881	2,174	874.59	2,239
Net Income Growth	-13.45%	148.52%	-60.94%	-
Shares Outstanding (Basic)	51	51	50	50
Shares Outstanding (Diluted)	51	51	50	50
Shares Change (YoY)	0.59%	0.17%	0.38%	-
EPS (Basic)	37.00	43.00	17.33	44.54
EPS (Diluted)	37.00	43.00	17.00	44.54
EPS Growth	-13.95%	152.94%	-61.83%	-
Free Cash Flow	-582.96	5,202	-7,780	1,343
Free Cash Flow Per Share	-11.47	102.92	-154.18	26.71
Gross Margin	99.88%	99.84%	99.37%	99.80%
Operating Margin	16.64%	7.49%	1.58%	16.27%
Profit Margin	4.13%	7.06%	6.31%	14.19%
Free Cash Flow Margin	-1.28%	16.90%	-56.14%	8.51%
EBITDA	10,331	4,590	1,410	3,546
EBITDA Margin	22.69%	14.91%	10.18%	22.48%
D&A For EBITDA	2,755	2,285	1,191	979.81
EBIT	7,575	2,305	218.77	2,566
EBIT Margin	16.64%	7.49%	1.58%	16.27%
Effective Tax Rate	4.73%	26.41%	18.20%	13.19%
Advertising Expenses	59.78	16.26	7.17	8.84

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