NOVATECH 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	55,590	65,812	92,421	110,494	90,500
Other Revenue	-0	-	-	-0	-
Revenue	55,590	65,812	92,421	110,494	90,500
Revenue Growth (YoY)	-15.53%	-28.79%	-16.36%	22.09%	33.37%
Cost of Revenue	34,992	40,204	52,059	65,561	39,982
Gross Profit	20,598	25,609	40,362	44,934	50,518
Selling, General & Admin	9,753	8,489	9,641	14,103	12,379
Research & Development	2,581	3,311	3,893	3,060	3,536
Amortization of Goodwill & Intangibles	62.85	57.43	54.81	631.35	571.07
Other Operating Expenses	155.94	343.13	230.97	85.31	562.26
Operating Expenses	13,898	12,997	14,754	18,463	17,575
Operating Income	6,700	12,611	25,608	26,471	32,943
Interest Expense	-16.83	-17.9	-15.51	-11.97	-52.07
Interest & Investment Income	2,529	3,572	3,026	681.01	309.97
Earnings From Equity Investments	-	-	468.15	196.33	1,078
Currency Exchange Gain (Loss)	1,362	3,353	945.69	2,435	242.99
Other Non Operating Income (Expenses)	738.16	-262.77	411.06	8.47	-1,586
EBT Excluding Unusual Items	11,313	19,255	30,443	29,780	32,936
Gain (Loss) on Sale of Investments	2,801	912.89	3,108	924.08	1,028
Gain (Loss) on Sale of Assets	5,474	908.27	1,255	-4,992	1,669
Asset Writedown	-407.88	-45.09	-1,696	-4,324	-447.65
Pretax Income	19,180	21,031	33,110	21,388	35,185
Income Tax Expense	1,472	3,796	3,469	7,125	490.85
Earnings From Continuing Operations	17,708	17,235	29,641	14,264	34,694
Minority Interest in Earnings	6.32	84.12	29.89	2,339	5,857
Net Income	17,714	17,320	29,671	16,603	40,551
Net Income to Common	17,714	17,320	29,671	16,603	40,551
Net Income Growth	2.28%	-41.63%	78.71%	-59.06%	84.59%
Shares Outstanding (Basic)	9	10	10	10	10
Shares Outstanding (Diluted)	9	10	10	10	10
Shares Change (YoY)	-5.97%	-1.31%	-0.06%	-3.37%	13.10%
EPS (Basic)	1885.00	1733.00	2929.86	1638.54	3867.00
EPS (Diluted)	1885.00	1733.00	2929.86	1638.54	3866.67
EPS Growth	8.77%	-40.85%	78.81%	-57.62%	63.18%
Free Cash Flow	6,348	12,450	24,783	29,247	12,009
Free Cash Flow Per Share	675.50	1245.77	2447.13	2886.39	1145.25
Gross Margin	37.05%	38.91%	43.67%	40.67%	55.82%
Operating Margin	12.05%	19.16%	27.71%	23.96%	36.40%
Profit Margin	31.87%	26.32%	32.10%	15.03%	44.81%
Free Cash Flow Margin	11.42%	18.92%	26.82%	26.47%	13.27%
EBITDA	10,241	16,107	28,750	28,974	35,087
EBITDA Margin	18.42%	24.47%	31.11%	26.22%	38.77%
D&A For EBITDA	3,541	3,496	3,142	2,503	2,144
EBIT	6,700	12,611	25,608	26,471	32,943
EBIT Margin	12.05%	19.16%	27.71%	23.96%	36.40%
Effective Tax Rate	7.68%	18.05%	10.48%	33.31%	1.40%
Advertising Expenses	4.91	3.73	28.19	39.71	65.65

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