Messe eSang Co.,Ltd 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	80,862	67,077	50,814	38,334
Other Revenue	-	-0	-0	-
Revenue	80,862	67,077	50,814	38,334
Revenue Growth (YoY)	45.49%	32.01%	32.55%	-
Cost of Revenue	48,528	41,845	33,580	25,149
Gross Profit	32,335	25,232	17,234	13,185
Selling, General & Admin	7,302	6,854	4,967	3,811
Amortization of Goodwill & Intangibles	140.32	206.68	205.57	192.51
Other Operating Expenses	59.5	116.88	42.03	28.17
Operating Expenses	8,416	8,132	6,065	4,630
Operating Income	23,919	17,100	11,170	8,555
Interest Expense	-891.09	-882.73	-839.72	-698.59
Interest & Investment Income	1,680	1,780	1,538	655.08
Currency Exchange Gain (Loss)	17.65	23.62	-0.8	-0.03
Other Non Operating Income (Expenses)	-1,535	-1,206	-3,964	40.35
EBT Excluding Unusual Items	23,190	16,815	7,903	8,552
Gain (Loss) on Sale of Investments	0.38	0.22	0.23	0.13
Gain (Loss) on Sale of Assets	10	3.76	-0.18	0.36
Asset Writedown	-253.07	-253.07	-260.89	-
Pretax Income	22,947	16,566	7,642	8,552
Income Tax Expense	3,503	3,087	2,091	1,568
Earnings From Continuing Operations	19,444	13,479	5,551	6,984
Minority Interest in Earnings	35.86	72.92	-219.49	-
Net Income	19,480	13,552	5,332	6,984
Net Income to Common	19,480	13,552	5,332	6,984
Net Income Growth	107.77%	154.17%	-23.66%	-
Shares Outstanding (Basic)	43	43	42	39
Shares Outstanding (Diluted)	43	43	42	39
Shares Change (YoY)	-1.07%	1.76%	8.49%	-
EPS (Basic)	456.66	314.51	125.91	178.93
EPS (Diluted)	456.66	314.51	125.91	178.93
EPS Growth	110.01%	149.78%	-29.63%	-
Free Cash Flow	18,735	11,664	8,377	9,315
Free Cash Flow Per Share	439.19	270.69	197.82	238.64
Dividend Per Share	100.000	100.000	-	-
Gross Margin	39.99%	37.62%	33.92%	34.39%
Operating Margin	29.58%	25.49%	21.98%	22.32%
Profit Margin	24.09%	20.20%	10.49%	18.22%
Free Cash Flow Margin	23.17%	17.39%	16.48%	24.30%
EBITDA	25,818	18,705	12,406	9,750
EBITDA Margin	31.93%	27.89%	24.41%	25.44%
D&A For EBITDA	1,899	1,605	1,236	1,195
EBIT	23,919	17,100	11,170	8,555
EBIT Margin	29.58%	25.49%	21.98%	22.32%
Effective Tax Rate	15.27%	18.64%	27.36%	18.34%
Advertising Expenses	-	385.5	20.7	158.99

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.