Parataxis Ethereum 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
Revenue	13,997	11,826	10,459	9,723	8,055
Revenue Growth (YoY)	18.36%	13.06%	7.58%	20.71%	10.69%
Cost of Revenue	4,873	4,194	4,036	3,233	2,884
Gross Profit	9,124	7,631	6,424	6,490	5,171
Selling, General & Admin	3,698	3,996	3,778	3,370	2,862
Research & Development	1,609	975.41	956.91	845.29	1,062
Amortization of Goodwill & Intangibles	10.1	12.76	15.18	17.21	9.28
Other Operating Expenses	78.08	98.26	89.81	73.19	66.2
Operating Expenses	5,493	5,250	4,890	4,362	4,112
Operating Income	3,631	2,381	1,534	2,128	1,058
Interest Expense	-26.87	-57.93	-93.52	-97.73	-95.02
Interest & Investment Income	471.6	471.14	156.09	135.95	93.14
Currency Exchange Gain (Loss)	-36.02	211.89	24.71	-34.26	18.34
Other Non Operating Income (Expenses)	15.99	14.32	-1,798	15.89	21.5
EBT Excluding Unusual Items	4,056	3,021	-176.69	2,148	1,096
Gain (Loss) on Sale of Investments	-75.5	4.44	63.18	-98.35	-63.36
Gain (Loss) on Sale of Assets	0.19	-	-0.09	-	-4.1
Other Unusual Items	11	-	-	-	-
Pretax Income	3,992	3,025	-113.6	2,049	1,029
Income Tax Expense	650.68	514.6	-94.43	246.5	26.72
Net Income	3,341	2,510	-19.17	1,803	1,002
Net Income to Common	3,341	2,510	-19.17	1,803	1,002
Net Income Growth	33.09%	-	-	79.88%	16.23%
Shares Outstanding (Basic)	4	4	3	3	3
Shares Outstanding (Diluted)	4	4	3	3	3
Shares Change (YoY)	-1.44%	20.41%	4.47%	0.47%	-7.08%
EPS (Basic)	895.00	662.00	-6.09	598.00	334.00
EPS (Diluted)	894.00	662.00	-6.09	598.00	334.00
EPS Growth	35.05%	-	-	79.04%	25.09%
Free Cash Flow	4,579	3,464	2,610	1,634	2,602
Free Cash Flow Per Share	1225.09	913.38	828.84	542.08	867.15
Gross Margin	65.19%	64.53%	61.42%	66.75%	64.19%
Operating Margin	25.94%	20.14%	14.67%	21.88%	13.14%
Profit Margin	23.87%	21.23%	-0.18%	18.54%	12.44%
Free Cash Flow Margin	32.71%	29.29%	24.96%	16.81%	32.30%
EBITDA	3,922	2,666	1,810	2,389	1,396
EBITDA Margin	28.02%	22.55%	17.30%	24.57%	17.34%
D&A For EBITDA	290.89	284.99	276.07	261.13	338.14
EBIT	3,631	2,381	1,534	2,128	1,058
EBIT Margin	25.94%	20.14%	14.67%	21.88%	13.14%
Effective Tax Rate	16.30%	17.01%	-	12.03%	2.60%
Advertising Expenses	6.52	19.55	7.82	10.61	1.23

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