Openedges Technology, Inc. (KOSDAQ:394280)

Openedges Technology Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	16,059	15,328	19,595	10,012	5,186
Revenue Growth (YoY)	4.76%	-21.77%	95.72%	93.06%	376.36%
Cost of Revenue	1.59	1.82	3.52	12.79	6.85
Gross Profit	16,057	15,327	19,591	9,999	5,179
Selling, General & Admin	6,753	8,040	7,248	33,596	5,220
Research & Development	37,045	30,900	27,184	-	10,654
Amortization of Goodwill & Intangibles	82.76	64.18	61.34	37.54	1.83
Other Operating Expenses	123.43	111.46	119.2	218.81	71.41
Operating Expenses	44,965	39,939	35,455	35,260	16,234
Operating Income	-28,907	-24,612	-15,864	-25,261	-11,055
Interest Expense	-887.85	-965.22	-792.39	-549.74	-86.87
Interest & Investment Income	1,579	1,435	988.47	642.89	121.87
Currency Exchange Gain (Loss)	448.6	347.34	57.91	25.05	-186.8
Other Non Operating Income (Expenses)	-1,595	-3,043	1,121	329.74	-3,317
EBT Excluding Unusual Items	-29,363	-26,838	-14,489	-24,813	-14,524
Gain (Loss) on Sale of Investments	4.65	18.71	-	-	-
Gain (Loss) on Sale of Assets	-36.93	-3.5	-21.73	-32.79	-
Pretax Income	-29,395	-26,822	-14,510	-24,846	-14,524
Income Tax Expense	737.72	464.81	345.53	380.35	84.27
Net Income	-30,133	-27,287	-14,856	-25,227	-14,608
Net Income to Common	-30,133	-27,287	-14,856	-25,227	-14,608
Shares Outstanding (Basic)	25	23	21	18	8
Shares Outstanding (Diluted)	25	23	21	18	8
Shares Change (YoY)	8.23%	8.08%	16.33%	136.16%	3.49%
EPS (Basic)	-1208.00	-1184.00	-696.70	-1376.22	-1882.05
EPS (Diluted)	-1208.00	-1184.00	-697.00	-1376.22	-1882.05
Free Cash Flow	-19,303	-10,691	-22,095	-28,590	-11,120
Free Cash Flow Per Share	-773.86	-463.87	-1036.21	-1559.71	-1432.69
Gross Margin	99.99%	99.99%	99.98%	99.87%	99.87%
Operating Margin	-180.01%	-160.57%	-80.96%	-252.32%	-213.18%
Profit Margin	-187.64%	-178.02%	-75.82%	-251.97%	-281.69%
Free Cash Flow Margin	-120.21%	-69.74%	-112.76%	-285.57%	-214.44%
EBITDA	-21,951	-22,503	-13,817	-23,835	-10,487
EBITDA Margin	-136.69%	-146.80%	-70.51%	-238.07%	-202.22%
D&A For EBITDA	6,956	2,110	2,047	1,426	568.5
EBIT	-28,907	-24,612	-15,864	-25,261	-11,055
EBIT Margin	-180.01%	-160.57%	-80.96%	-252.32%	-213.18%
Advertising Expenses	16.35	29.5	73.11	92.91	-

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