NAU IB Capital 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
Interest and Dividend Income	171.98	245.26	60.26	112.22	437.36
Total Interest Expense	2,008	1,855	1,551	770.24	-
Net Interest Income	-1,836	-1,610	-1,491	-658.02	437.36
Commissions and Fees	13,594	9,762	12,309	9,606	16,973
Gain (Loss) on Sale of Investments	8,898	5,954	8,955	4,978	8,120
Other Revenue	-	-	-	-	-0
Revenue Before Loan Losses	20,656	14,106	19,774	13,926	25,530
Provision for Loan Losses	11.21	5.31	12.91	-3.72	-28.33
Revenue	20,645	14,101	19,761	13,930	25,558
Revenue Growth (YoY)	46.41%	-28.64%	41.86%	-45.50%	159.48%
Salaries & Employee Benefits	5,091	5,064	4,312	5,181	9,231
Cost of Services Provided	1,171	1,227	1,316	951.83	692.98
Other Operating Expenses	251.81	239.2	305.51	225.61	404.5
Total Operating Expenses	7,015	7,027	6,314	6,651	10,616
Operating Income	13,629	7,073	13,447	7,279	14,942
Earnings From Equity Investments	405.67	5,472	-1,119	6,408	3,884
Currency Exchange Gain (Loss)	10.16	-	-	-	-
EBT Excluding Unusual Items	12,927	14,890	13,333	13,240	16,390
Gain (Loss) on Sale of Investments	-5,490	-5,925	-10,843	-2,089	-122.81
Pretax Income	7,437	8,965	2,490	11,151	16,267
Income Tax Expense	1,654	1,034	551.34	2,849	3,632
Net Income	5,783	7,931	1,939	8,302	12,635
Net Income to Common	5,783	7,931	1,939	8,302	12,635
Net Income Growth	-27.08%	309.01%	-76.64%	-34.30%	65.67%
Shares Outstanding (Basic)	95	94	94	94	95
Shares Outstanding (Diluted)	95	94	95	95	96
Shares Change (YoY)	0.42%	-0.17%	-0.03%	-1.26%	1.40%
EPS (Basic)	61.00	84.00	20.61	88.12	133.15
EPS (Diluted)	61.00	84.00	20.00	87.00	131.90
EPS Growth	-27.38%	320.00%	-77.01%	-34.04%	63.44%
Free Cash Flow	-14,573	138.1	8,953	-10,511	-13,700
Free Cash Flow Per Share	-153.71	1.46	94.67	-111.11	-143.00
Operating Margin	66.02%	50.16%	68.05%	52.26%	58.46%
Profit Margin	28.01%	56.24%	9.81%	59.59%	49.44%
Free Cash Flow Margin	-70.59%	0.98%	45.31%	-75.46%	-53.60%
Effective Tax Rate	22.23%	11.54%	22.14%	25.55%	22.33%

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