SPSoft 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	-	45,117	35,243
Other Revenue	0	-	-0
Revenue	55,094	45,117	35,243
Revenue Growth (YoY)	56.32%	28.02%	-
Cost of Revenue	42,185	34,311	25,673
Gross Profit	12,909	10,806	9,571
Selling, General & Admin	7,657	6,076	4,250
Amortization of Goodwill & Intangibles	510.13	398.31	298.49
Other Operating Expenses	448.63	277	120.79
Operating Expenses	9,350	7,931	4,818
Operating Income	3,559	2,875	4,753
Interest Expense	-108.95	-346.48	-19.24
Interest & Investment Income	1,087	1,080	433.28
Currency Exchange Gain (Loss)	4.17	90	10.63
Other Non Operating Income (Expenses)	88.62	-3,506	3.22
EBT Excluding Unusual Items	4,630	192.45	5,181
Gain (Loss) on Sale of Investments	112.06	257.23	10.53
Gain (Loss) on Sale of Assets	-59.73	-60.16	0.14
Asset Writedown	-280	-280	-
Pretax Income	4,402	109.52	5,192
Income Tax Expense	124.65	-192.56	813.88
Net Income	4,277	302.08	4,378
Net Income to Common	4,277	302.08	4,378
Net Income Growth	-2.30%	-93.10%	-
Shares Outstanding (Basic)	24	22	18
Shares Outstanding (Diluted)	25	23	18
Shares Change (YoY)	36.10%	25.92%	-
EPS (Basic)	177.80	13.59	242.87
EPS (Diluted)	173.98	13.00	242.87
EPS Growth	-28.37%	-94.65%	-
Free Cash Flow	-465.41	-2,501	4,163
Free Cash Flow Per Share	-18.97	-110.21	230.94
Gross Margin	23.43%	23.95%	27.16%
Operating Margin	6.46%	6.37%	13.49%
Profit Margin	7.76%	0.67%	12.42%
Free Cash Flow Margin	-0.84%	-5.54%	11.81%
EBITDA	5,387	4,452	5,999
EBITDA Margin	9.78%	9.87%	17.02%
D&A For EBITDA	1,827	1,577	1,246
EBIT	3,559	2,875	4,753
EBIT Margin	6.46%	6.37%	13.49%
Effective Tax Rate	2.83%	-	15.68%
Advertising Expenses	-	172.2	192.26

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