Model Solution 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	76,502	68,034	64,719	67,404	61,106
Other Revenue	-0	-0	-	-	-
Revenue	76,502	68,034	64,719	67,404	61,106
Revenue Growth (YoY)	12.45%	5.12%	-3.98%	10.31%	9.88%
Cost of Revenue	54,818	51,603	50,825	48,419	43,749
Gross Profit	21,685	16,431	13,894	18,985	17,357
Selling, General & Admin	11,650	10,690	10,062	9,512	7,593
Research & Development	571.33	260.61	287.94	433.77	248.29
Amortization of Goodwill & Intangibles	74.99	34.48	22.36	22.02	11.65
Other Operating Expenses	210.26	204.31	355.54	352.46	314.06
Operating Expenses	13,612	12,243	11,713	11,096	8,430
Operating Income	8,072	4,187	2,181	7,889	8,927
Interest Expense	-434.98	-413.63	-244.43	-352.71	-241.25
Interest & Investment Income	1,347	1,442	1,549	373.3	24.07
Earnings From Equity Investments	-61.63	-13.21	-282.35	-7.37	123.44
Currency Exchange Gain (Loss)	-120.19	1,036	322.14	223.43	709.76
Other Non Operating Income (Expenses)	-372.89	-68.53	-81.7	57.58	4.28
EBT Excluding Unusual Items	8,430	6,169	3,443	8,183	9,547
Gain (Loss) on Sale of Assets	0.99	1.68	16	-36.95	-11.47
Pretax Income	8,431	6,171	3,459	8,146	9,536
Income Tax Expense	1,602	882.7	957.73	1,872	2,069
Net Income	6,829	5,288	2,501	6,274	7,466
Net Income to Common	6,829	5,288	2,501	6,274	7,466
Net Income Growth	29.13%	111.43%	-60.13%	-15.97%	73.31%
Shares Outstanding (Basic)	6	6	6	6	5
Shares Outstanding (Diluted)	6	6	6	6	5
Shares Change (YoY)	-0.01%	-0.03%	13.64%	4.89%	-
EPS (Basic)	1068.00	827.00	391.01	1114.57	1391.23
EPS (Diluted)	1068.00	827.00	391.01	1114.57	1391.23
EPS Growth	29.14%	111.50%	-64.92%	-19.89%	73.31%
Free Cash Flow	2,117	14,186	1,091	-3,313	8,032
Free Cash Flow Per Share	331.11	2218.46	170.55	-588.46	1496.57
Gross Margin	28.34%	24.15%	21.47%	28.17%	28.40%
Operating Margin	10.55%	6.16%	3.37%	11.70%	14.61%
Profit Margin	8.93%	7.77%	3.86%	9.31%	12.22%
Free Cash Flow Margin	2.77%	20.85%	1.69%	-4.91%	13.14%
EBITDA	12,722	8,504	6,266	11,411	11,260
EBITDA Margin	16.63%	12.50%	9.68%	16.93%	18.43%
D&A For EBITDA	4,650	4,317	4,085	3,522	2,333
EBIT	8,072	4,187	2,181	7,889	8,927
EBIT Margin	10.55%	6.16%	3.37%	11.70%	14.61%
Effective Tax Rate	19.00%	14.30%	27.69%	22.98%	21.70%
Advertising Expenses	306.14	274.81	433	247.64	231.54

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