MinTech 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	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	20,881	20,859	17,547	11,915	9,576
Other Revenue	-0	-0	-	-	-
Revenue	20,881	20,859	17,547	11,915	9,576
Revenue Growth (YoY)	30.04%	18.88%	47.27%	24.42%	-
Cost of Revenue	16,376	16,518	13,080	8,525	5,602
Gross Profit	4,505	4,341	4,467	3,390	3,974
Selling, General & Admin	6,054	5,867	3,830	2,725	1,524
Research & Development	7,496	7,270	5,126	2,931	1,085
Other Operating Expenses	24.89	24.73	13.82	14.69	10.34
Operating Expenses	16,057	15,304	11,068	6,152	2,802
Operating Income	-11,552	-10,963	-6,601	-2,762	1,172
Interest Expense	-1,898	-2,045	-2,745	-2,945	-823.71
Interest & Investment Income	897.34	821.04	292.6	187.24	11.57
Currency Exchange Gain (Loss)	84.69	73.59	38.4	86.57	0.02
Other Non Operating Income (Expenses)	-2,304	-2,261	527.38	-1,704	-7,442
EBT Excluding Unusual Items	-14,772	-14,375	-8,487	-7,137	-7,082
Gain (Loss) on Sale of Investments	-	-	-2.74	-6.08	-1.19
Gain (Loss) on Sale of Assets	1.82	1.82	-	-0.61	-
Pretax Income	-14,770	-14,373	-8,490	-7,144	-7,083
Income Tax Expense	85.03	85.03	13.62	-39.13	377.52
Net Income	-14,855	-14,458	-8,504	-7,104	-7,460
Net Income to Common	-14,855	-14,458	-8,504	-7,104	-7,460
Shares Outstanding (Basic)	22	21	15	11	0
Shares Outstanding (Diluted)	22	21	15	11	0
Shares Change (YoY)	30.54%	41.39%	28.86%	4903.78%	-
EPS (Basic)	-683.63	-691.44	-575.00	-619.00	-32525.05
EPS (Diluted)	-683.63	-691.44	-575.00	-619.00	-32525.05
Free Cash Flow	-16,897	-17,110	-9,654	-5,136	174.87
Free Cash Flow Per Share	-777.61	-818.24	-652.78	-447.50	762.41
Gross Margin	21.57%	20.81%	25.45%	28.45%	41.50%
Operating Margin	-55.32%	-52.56%	-37.62%	-23.18%	12.24%
Profit Margin	-71.14%	-69.31%	-48.46%	-59.63%	-77.91%
Free Cash Flow Margin	-80.92%	-82.02%	-55.02%	-43.11%	1.83%
EBITDA	-9,925	-9,693	-5,976	-2,269	1,357
EBITDA Margin	-47.53%	-46.47%	-34.05%	-19.04%	14.18%
D&A For EBITDA	1,627	1,270	625.66	493.34	185.18
EBIT	-11,552	-10,963	-6,601	-2,762	1,172
EBIT Margin	-55.32%	-52.56%	-37.62%	-23.18%	12.24%
Advertising Expenses	-	244.4	61.09	32.7	20.88

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