Messe eSang Co.,Ltd 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	72,822	67,077	50,814	38,334
Other Revenue	-0	-0	-0	-
Revenue	72,822	67,077	50,814	38,334
Revenue Growth (YoY)	8.57%	32.01%	32.55%	-
Cost of Revenue	46,176	41,845	33,580	25,149
Gross Profit	26,646	25,232	17,234	13,185
Selling, General & Admin	6,244	6,854	4,967	3,811
Amortization of Goodwill & Intangibles	143	206.68	205.57	192.51
Other Operating Expenses	45.5	116.88	42.03	28.17
Operating Expenses	7,648	8,132	6,065	4,630
Operating Income	18,997	17,100	11,170	8,555
Interest Expense	-882.72	-882.73	-839.72	-698.59
Interest & Investment Income	1,625	1,780	1,538	655.08
Currency Exchange Gain (Loss)	-3.98	23.62	-0.8	-0.03
Other Non Operating Income (Expenses)	-1,082	-1,206	-3,964	40.35
EBT Excluding Unusual Items	18,654	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	11.33	3.76	-0.18	0.36
Asset Writedown	-	-253.07	-260.89	-
Pretax Income	18,666	16,566	7,642	8,552
Income Tax Expense	3,191	3,087	2,091	1,568
Earnings From Continuing Operations	15,474	13,479	5,551	6,984
Minority Interest in Earnings	31.45	72.92	-219.49	-
Net Income	15,505	13,552	5,332	6,984
Net Income to Common	15,505	13,552	5,332	6,984
Net Income Growth	14.41%	154.17%	-23.66%	-
Shares Outstanding (Basic)	43	43	42	39
Shares Outstanding (Diluted)	43	43	42	39
Shares Change (YoY)	-1.31%	1.76%	8.49%	-
EPS (Basic)	364.60	314.51	125.91	178.93
EPS (Diluted)	364.60	314.51	125.91	178.93
EPS Growth	15.93%	149.78%	-29.63%	-
Free Cash Flow	19,433	11,664	8,377	9,315
Free Cash Flow Per Share	456.95	270.69	197.82	238.64
Gross Margin	36.59%	37.62%	33.92%	34.39%
Operating Margin	26.09%	25.49%	21.98%	22.32%
Profit Margin	21.29%	20.20%	10.49%	18.22%
Free Cash Flow Margin	26.68%	17.39%	16.48%	24.30%
EBITDA	20,874	18,705	12,406	9,750
EBITDA Margin	28.66%	27.89%	24.41%	25.44%
D&A For EBITDA	1,877	1,605	1,236	1,195
EBIT	18,997	17,100	11,170	8,555
EBIT Margin	26.09%	25.49%	21.98%	22.32%
Effective Tax Rate	17.10%	18.64%	27.36%	18.34%
Advertising Expenses	31.99	385.5	20.7	158.99

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.