Blitzway Entertainment 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	34,508	36,265	8,940	19,148	15,850
Other Revenue	-0	-0	-0	-	-
Revenue	34,508	36,265	8,940	19,148	15,850
Revenue Growth (YoY)	61.51%	305.66%	-53.31%	20.81%	-
Cost of Revenue	27,945	29,574	8,603	14,874	8,036
Gross Profit	6,563	6,691	337.11	4,274	7,814
Selling, General & Admin	7,925	7,480	3,594	4,175	2,466
Research & Development	1,520	2,004	2,586	2,267	1,779
Amortization of Goodwill & Intangibles	2,932	2,753	1,644	917.72	137.6
Other Operating Expenses	217.96	191.6	115.63	151.15	142.49
Operating Expenses	13,698	13,342	8,425	7,917	4,751
Operating Income	-7,135	-6,651	-8,088	-3,643	3,063
Interest Expense	-801.94	-807.98	-533.59	-364.85	-6.94
Interest & Investment Income	147.19	97.64	219.92	71.94	15.51
Earnings From Equity Investments	-16.32	-20.17	-	-8.5	-2.72
Currency Exchange Gain (Loss)	15.22	143.25	-0.99	288.78	109.83
Other Non Operating Income (Expenses)	296.72	-650.85	122.2	10.59	-13,872
EBT Excluding Unusual Items	-7,495	-7,889	-8,280	-3,645	-10,694
Impairment of Goodwill	-620.39	-620.39	-729.81	-	-
Gain (Loss) on Sale of Investments	-0.21	-0.02	-1,110	-0.77	-
Gain (Loss) on Sale of Assets	-2,410	-11.05	-43.01	47.04	-5.74
Pretax Income	-10,525	-8,520	-10,163	-3,599	-10,699
Income Tax Expense	-473.09	-491.75	-122	-93.67	336.29
Earnings From Continuing Operations	-10,052	-8,028	-10,041	-3,505	-11,036
Minority Interest in Earnings	379.75	373.59	477.15	128.82	-
Net Income	-9,672	-7,655	-9,564	-3,376	-11,036
Net Income to Common	-9,672	-7,655	-9,564	-3,376	-11,036
Shares Outstanding (Basic)	48	47	42	40	32
Shares Outstanding (Diluted)	48	47	42	40	32
Shares Change (YoY)	7.41%	10.55%	6.50%	26.52%	-
EPS (Basic)	-203.01	-163.10	-225.28	-84.70	-350.23
EPS (Diluted)	-203.04	-163.10	-225.28	-84.70	-350.23
Free Cash Flow	-1,246	-1,849	-6,458	-18,587	3,710
Free Cash Flow Per Share	-26.16	-39.40	-152.13	-466.25	117.75
Gross Margin	19.02%	18.45%	3.77%	22.32%	49.30%
Operating Margin	-20.68%	-18.34%	-90.47%	-19.03%	19.32%
Profit Margin	-28.03%	-21.11%	-106.98%	-17.63%	-69.62%
Free Cash Flow Margin	-3.61%	-5.10%	-72.25%	-97.07%	23.41%
EBITDA	-3,006	-2,624	-5,756	-2,204	3,675
EBITDA Margin	-8.71%	-7.23%	-64.38%	-11.51%	23.18%
D&A For EBITDA	4,129	4,027	2,332	1,439	612.08
EBIT	-7,135	-6,651	-8,088	-3,643	3,063
EBIT Margin	-20.68%	-18.34%	-90.47%	-19.03%	19.32%

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