Pharos iBio 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	-	-	-	300	57
Other Revenue	-	-	-	-	-0
Revenue	-	-	-	300	57
Revenue Growth (YoY)	-	-	-	426.32%	-69.63%
Cost of Revenue	20.32	25.93	11.02	192.49	52.09
Gross Profit	-20.32	-25.93	-11.02	107.52	4.91
Selling, General & Admin	2,913	3,276	3,226	2,988	2,459
Research & Development	7,677	8,458	6,138	7,085	5,544
Amortization of Goodwill & Intangibles	73.12	71.31	69.18	67.33	111.15
Other Operating Expenses	59.25	38.31	56.29	75.93	57.34
Operating Expenses	11,487	12,575	10,106	10,727	8,411
Operating Income	-11,507	-12,601	-10,117	-10,619	-8,406
Interest Expense	-63.57	-6.01	-11.24	-3,222	-6,513
Interest & Investment Income	341.88	809.98	690.24	320.48	116.43
Currency Exchange Gain (Loss)	-110.47	717.62	28.37	346.05	205.32
Other Non Operating Income (Expenses)	582.62	556.6	592.65	-3,911	-16,877
EBT Excluding Unusual Items	-10,757	-10,523	-8,817	-17,086	-31,474
Gain (Loss) on Sale of Assets	-0.01	-37.27	-41.7	24.43	3.2
Pretax Income	-10,757	-10,560	-8,858	-17,062	-31,471
Net Income	-10,757	-10,560	-8,858	-17,062	-31,471
Net Income to Common	-10,757	-10,560	-8,858	-17,062	-31,471
Shares Outstanding (Basic)	13	13	12	9	6
Shares Outstanding (Diluted)	13	13	12	9	6
Shares Change (YoY)	0.14%	6.81%	36.26%	53.03%	2.65%
EPS (Basic)	-831.00	-817.00	-732.03	-1921.10	-5422.59
EPS (Diluted)	-831.00	-817.00	-732.03	-1921.10	-5422.59
Free Cash Flow	-8,362	-10,004	-8,253	-8,512	-8,489
Free Cash Flow Per Share	-646.04	-773.98	-681.98	-958.46	-1462.70
Gross Margin	-	-	-	35.84%	8.61%
Operating Margin	-	-	-	-3539.83%	-14747.27%
Profit Margin	-	-	-	-5687.23%	-55211.96%
Free Cash Flow Margin	-	-	-	-2837.42%	-14892.94%
EBITDA	-10,670	-11,798	-9,432	-10,041	-8,056
D&A For EBITDA	837.49	802.91	684.91	578.1	350.09
EBIT	-11,507	-12,601	-10,117	-10,619	-8,406
Advertising Expenses	109.8	47.12	-	-	0.2

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