Smart Radar System Inc. (KOSDAQ:424960)

Smart Radar System Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	9,397	4,737	4,076	4,025	3,485
Other Revenue	-0	-0	-0	-0	-0
Revenue	9,397	4,737	4,076	4,025	3,485
Revenue Growth (YoY)	98.39%	16.21%	1.27%	15.48%	-25.51%
Cost of Revenue	6,159	3,901	2,824	3,200	2,514
Gross Profit	3,238	835.48	1,252	825.35	971.26
Selling, General & Admin	3,938	3,854	3,427	3,510	2,581
Research & Development	3,539	3,340	2,542	2,359	2,505
Amortization of Goodwill & Intangibles	233.24	259.68	291.57	326.68	286.56
Operating Expenses	8,508	7,591	6,625	6,341	5,527
Operating Income	-5,270	-6,756	-5,373	-5,515	-4,556
Interest Expense	-2,009	-762	-143.09	-1,521	-1,240
Interest & Investment Income	617.13	786.14	412.58	166.93	71.84
Earnings From Equity Investments	-12.36	-13.03	-	-	-
Currency Exchange Gain (Loss)	-39.97	156.77	-18.18	-32.15	46.29
Other Non Operating Income (Expenses)	3,777	107.69	18.39	-833.79	476.02
EBT Excluding Unusual Items	-2,938	-6,480	-5,103	-7,736	-5,202
Gain (Loss) on Sale of Investments	-25.82	-	12.69	-0.09	-
Gain (Loss) on Sale of Assets	-3.57	20.53	-7.71	-0.79	-3.61
Asset Writedown	-	-	-	-	-13.32
Pretax Income	-2,967	-6,459	-5,098	-7,737	-5,219
Income Tax Expense	-	-	-	1.03	-
Net Income	-2,967	-6,459	-5,098	-7,738	-5,219
Net Income to Common	-2,967	-6,459	-5,098	-7,738	-5,219
Shares Outstanding (Basic)	16	16	13	7	6
Shares Outstanding (Diluted)	16	16	13	7	6
Shares Change (YoY)	1.11%	15.29%	87.40%	13.42%	0.58%
EPS (Basic)	-189.00	-416.00	-378.55	-1076.67	-823.72
EPS (Diluted)	-189.00	-416.00	-379.00	-1077.00	-823.72
Free Cash Flow	-4,270	-6,297	-4,915	-6,662	-3,612
Free Cash Flow Per Share	-272.00	-405.54	-364.93	-926.95	-569.99
Gross Margin	34.46%	17.64%	30.71%	20.51%	27.87%
Operating Margin	-56.08%	-142.62%	-131.82%	-137.03%	-130.72%
Profit Margin	-31.58%	-136.37%	-125.08%	-192.25%	-149.75%
Free Cash Flow Margin	-45.44%	-132.94%	-120.58%	-165.51%	-103.62%
EBITDA	-4,304	-6,112	-4,778	-4,919	-3,957
EBITDA Margin	-45.80%	-129.04%	-117.23%	-122.21%	-113.52%
D&A For EBITDA	965.53	643.46	594.56	596.65	599.53
EBIT	-5,270	-6,756	-5,373	-5,515	-4,556
EBIT Margin	-56.08%	-142.62%	-131.82%	-137.03%	-130.72%

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