Justem 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
Revenue	48,289	38,701	35,934	46,099
Revenue Growth (YoY)	24.77%	7.70%	-22.05%	-
Cost of Revenue	26,270	25,033	20,526	26,856
Gross Profit	22,019	13,668	15,408	19,242
Selling, General & Admin	10,352	12,570	10,438	9,139
Research & Development	5,455	4,349	3,810	2,486
Amortization of Goodwill & Intangibles	228.52	100.22	78.72	54.76
Other Operating Expenses	107.04	109.24	95.9	75.29
Operating Expenses	17,472	18,209	18,123	12,122
Operating Income	4,547	-4,541	-2,715	7,120
Interest Expense	-739.61	-1,106	-946.44	-249.05
Interest & Investment Income	49	337.88	203.89	85.03
Currency Exchange Gain (Loss)	130.62	531.22	255.97	499.24
Other Non Operating Income (Expenses)	-1,443	2,424	-1,865	8.21
EBT Excluding Unusual Items	2,544	-2,353	-5,067	7,463
Impairment of Goodwill	-	-829.59	-	-
Gain (Loss) on Sale of Investments	124.36	-27.57	106.8	-92.73
Gain (Loss) on Sale of Assets	-25.21	11.71	128.7	-
Other Unusual Items	542.78	-	-	-
Pretax Income	3,186	-3,198	-4,831	7,371
Income Tax Expense	-270.27	-1,037	-1,446	1,049
Earnings From Continuing Operations	3,456	-2,162	-3,386	6,322
Minority Interest in Earnings	13.47	24.55	0.3	-
Net Income	3,470	-2,137	-3,385	6,322
Net Income to Common	3,470	-2,137	-3,385	6,322
Shares Outstanding (Basic)	21	21	21	16
Shares Outstanding (Diluted)	22	21	21	17
Shares Change (YoY)	1.31%	0.54%	23.48%	-
EPS (Basic)	162.87	-100.66	-160.31	385.24
EPS (Diluted)	161.00	-101.00	-160.33	372.23
Free Cash Flow	-119.7	1,421	-32,373	3,091
Free Cash Flow Per Share	-5.57	66.92	-1533.04	180.75
Gross Margin	45.60%	35.32%	42.88%	41.74%
Operating Margin	9.42%	-11.73%	-7.56%	15.45%
Profit Margin	7.18%	-5.52%	-9.42%	13.71%
Free Cash Flow Margin	-0.25%	3.67%	-90.09%	6.71%
EBITDA	6,640	-2,744	-1,598	7,817
EBITDA Margin	13.75%	-7.09%	-4.45%	16.96%
D&A For EBITDA	2,093	1,797	1,118	696.53
EBIT	4,547	-4,541	-2,715	7,120
EBIT Margin	9.42%	-11.73%	-7.56%	15.45%
Effective Tax Rate	-	-	-	14.23%

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