Sphere Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	3,767	2,558	1,651	2,819
Other Revenue	0	0	0	0
Revenue	3,767	2,558	1,651	2,819
Revenue Growth (YoY)	-82.66%	54.88%	-41.41%	-
Cost of Revenue	5,277	735.69	145.81	324.06
Gross Profit	-1,510	1,822	1,506	2,495
Selling, General & Admin	4,767	6,752	8,537	6,365
Research & Development	545.02	481.42	529.77	470.48
Other Operating Expenses	216.76	165.98	183.4	126.95
Operating Expenses	6,552	8,390	10,580	8,104
Operating Income	-8,062	-6,568	-9,074	-5,609
Interest Expense	-810.42	-525.07	-1,669	-1,255
Interest & Investment Income	123.99	61.49	506.04	255.65
Currency Exchange Gain (Loss)	181.63	0.21	-0.02	-0.05
Other Non Operating Income (Expenses)	-5,918	-5,765	65.08	3,250
EBT Excluding Unusual Items	-14,485	-12,796	-10,172	-3,359
Gain (Loss) on Sale of Investments	-181.49	-181.49	-423.99	1.87
Gain (Loss) on Sale of Assets	-206.16	-203.61	13.51	8.13
Other Unusual Items	-435.38	-435.38	-598.74	-
Pretax Income	-15,308	-13,617	-11,181	-3,349
Earnings From Continuing Operations	-16,142	-13,617	-11,181	-3,349
Earnings From Discontinued Operations	-3,385	-3,385	-82.83	-
Net Income	-19,526	-17,001	-11,264	-3,349
Net Income to Common	-19,526	-17,001	-11,264	-3,349
Shares Outstanding (Basic)	19	17	10	10
Shares Outstanding (Diluted)	19	17	10	10
Shares Change (YoY)	60.90%	66.70%	2.97%	-
EPS (Basic)	-1006.77	-971.67	-1073.18	-328.53
EPS (Diluted)	-1006.77	-971.67	-1073.18	-329.00
Free Cash Flow	4,112	-6,307	-10,557	-5,302
Free Cash Flow Per Share	211.99	-360.45	-1005.76	-520.18
Gross Margin	-40.09%	71.24%	91.17%	88.50%
Operating Margin	-214.04%	-256.78%	-549.48%	-198.99%
Profit Margin	-518.38%	-664.70%	-682.07%	-118.80%
Free Cash Flow Margin	109.15%	-246.57%	-639.22%	-188.09%
EBITDA	-7,342	-5,463	-7,712	-4,466
EBITDA Margin	-194.91%	-213.58%	-	-158.45%
D&A For EBITDA	720.42	1,105	1,363	1,143
EBIT	-8,062	-6,568	-9,074	-5,609
EBIT Margin	-214.04%	-256.78%	-	-198.99%
Advertising Expenses	-	290.3	97.56	118.86

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.