MICUBE Solution 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	25,620	29,636	24,152	22,295	17,040
Other Revenue	-	-	-0	-0	-0
Revenue	25,620	29,636	24,152	22,295	17,040
Revenue Growth (YoY)	-13.55%	22.71%	8.33%	30.84%	2.19%
Cost of Revenue	22,188	25,006	18,026	15,757	13,627
Gross Profit	3,432	4,630	6,126	6,538	3,413
Selling, General & Admin	1,195	3,328	2,405	2,444	1,864
Research & Development	1,017	2,009	1,548	1,019	915.35
Amortization of Goodwill & Intangibles	16.94	47.74	-	-	-
Other Operating Expenses	105.35	104.39	119.7	113.63	116.48
Operating Expenses	2,558	5,700	4,370	3,712	3,033
Operating Income	874.32	-1,070	1,756	2,827	379.73
Interest Expense	-49.16	-110.55	-45	-61.69	-56.62
Interest & Investment Income	698.85	867.25	479.43	111.47	21.27
Currency Exchange Gain (Loss)	-101.3	148.57	19.07	-0.02	41.16
Other Non Operating Income (Expenses)	162.28	45.26	241.7	69.09	111.03
EBT Excluding Unusual Items	1,585	-119.21	2,451	2,946	496.57
Gain (Loss) on Sale of Investments	7.3	4.43	4.74	4.99	1.4
Gain (Loss) on Sale of Assets	9.5	-2.77	2.09	-64.54	1
Pretax Income	1,602	-117.54	2,458	2,886	498.98
Income Tax Expense	-29	25.15	-40.45	96.21	-
Net Income	1,631	-142.69	2,499	2,790	498.98
Net Income to Common	1,631	-142.69	2,499	2,790	498.98
Net Income Growth	-	-	-10.44%	459.12%	-
Shares Outstanding (Basic)	15	16	4	3	4
Shares Outstanding (Diluted)	15	16	4	4	4
Shares Change (YoY)	-4.76%	281.95%	15.75%	-0.11%	26.18%
EPS (Basic)	108.00	-9.00	601.94	898.00	142.00
EPS (Diluted)	108.00	-9.00	601.94	778.00	139.00
EPS Growth	-	-	-22.63%	459.71%	-
Free Cash Flow	2,677	796.87	2,167	1,978	1,163
Free Cash Flow Per Share	177.29	50.26	522.07	551.49	324.10
Gross Margin	13.40%	15.62%	25.36%	29.33%	20.03%
Operating Margin	3.41%	-3.61%	7.27%	12.68%	2.23%
Profit Margin	6.37%	-0.48%	10.35%	12.51%	2.93%
Free Cash Flow Margin	10.45%	2.69%	8.97%	8.87%	6.83%
EBITDA	1,600	-321.19	2,423	3,313	841.06
EBITDA Margin	6.24%	-1.08%	10.03%	14.86%	4.94%
D&A For EBITDA	725.28	748.53	666.55	485.95	461.33
EBIT	874.32	-1,070	1,756	2,827	379.73
EBIT Margin	3.41%	-3.61%	7.27%	12.68%	2.23%
Effective Tax Rate	-	-	-	3.33%	-
Advertising Expenses	108.7	53.18	-	-	-

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