SeA Mechanics 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	85,827	92,338	86,778	87,639	104,796
Other Revenue	-0	-	-	-0	-
Revenue	85,827	92,338	86,778	87,639	104,796
Revenue Growth (YoY)	-7.05%	6.41%	-0.98%	-16.37%	26.73%
Cost of Revenue	80,539	84,114	76,412	77,822	92,688
Gross Profit	5,288	8,224	10,366	9,817	12,108
Selling, General & Admin	4,885	6,719	4,640	4,429	3,949
Research & Development	1,960	3,902	3,499	2,897	2,672
Amortization of Goodwill & Intangibles	91.6	103.32	119.86	131.81	94.37
Operating Expenses	7,289	10,883	8,374	7,563	6,736
Operating Income	-2,001	-2,659	1,992	2,254	5,373
Interest Expense	-973.2	-750.43	-	-13.3	-9.54
Interest & Investment Income	1,016	937.2	630.04	373.72	64.36
Currency Exchange Gain (Loss)	-117.13	409.93	172.75	306.91	461.67
Other Non Operating Income (Expenses)	217.26	3,877	620.29	334.07	448.94
EBT Excluding Unusual Items	-1,859	1,814	3,415	3,255	6,338
Gain (Loss) on Sale of Investments	1,493	-513.14	-2.48	-	-
Gain (Loss) on Sale of Assets	-119.51	4.36	-112.05	-258.91	-17.14
Asset Writedown	-	-	-	2	1
Pretax Income	-485.18	1,306	3,300	2,998	6,322
Income Tax Expense	-1,908	-1,239	-3,052	-829.43	121.06
Net Income	1,423	2,545	6,352	3,828	6,201
Net Income to Common	1,423	2,545	6,352	3,828	6,201
Net Income Growth	-44.10%	-59.94%	65.96%	-38.27%	45.76%
Shares Outstanding (Basic)	26	27	26	26	22
Shares Outstanding (Diluted)	26	27	27	26	22
Shares Change (YoY)	-0.62%	-0.35%	3.56%	17.66%	0.08%
EPS (Basic)	54.00	96.00	239.81	150.00	284.00
EPS (Diluted)	54.00	96.00	239.00	149.00	284.00
EPS Growth	-43.75%	-59.83%	60.40%	-47.53%	45.64%
Free Cash Flow	-16,094	-3,000	-18,893	-9,527	-1,920
Free Cash Flow Per Share	-610.87	-113.17	-710.19	-370.87	-87.94
Gross Margin	6.16%	8.91%	11.95%	11.20%	11.55%
Operating Margin	-2.33%	-2.88%	2.30%	2.57%	5.13%
Profit Margin	1.66%	2.76%	7.32%	4.37%	5.92%
Free Cash Flow Margin	-18.75%	-3.25%	-21.77%	-10.87%	-1.83%
EBITDA	3,257	2,556	6,681	5,837	8,250
EBITDA Margin	3.79%	2.77%	7.70%	6.66%	7.87%
D&A For EBITDA	5,258	5,215	4,690	3,583	2,877
EBIT	-2,001	-2,659	1,992	2,254	5,373
EBIT Margin	-2.33%	-2.88%	2.30%	2.57%	5.13%
Effective Tax Rate	-	-	-	-	1.92%

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