Sapien Semiconductors 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	17,312	7,992	3,210	7,192	4,030
Other Revenue	-	-0	-	-	-0
Revenue	17,312	7,992	3,210	7,192	4,030
Revenue Growth (YoY)	116.61%	148.96%	-55.37%	78.47%	100.48%
Cost of Revenue	14,580	6,509	3,079	5,918	2,906
Gross Profit	2,732	1,483	131.68	1,275	1,124
Selling, General & Admin	4,419	2,977	3,516	2,485	844.57
Research & Development	2,027	1,487	2,827	1,174	230.94
Amortization of Goodwill & Intangibles	61.97	35.07	26.51	21.73	10.43
Other Operating Expenses	-	-	-	-	14.43
Operating Expenses	7,297	4,930	7,054	4,120	1,264
Operating Income	-4,565	-3,446	-6,922	-2,845	-139.67
Interest Expense	-372.82	-466.05	-632.54	-433.6	-11.35
Interest & Investment Income	13.94	11.57	8.06	11.45	5.98
Currency Exchange Gain (Loss)	36.24	204.18	8.15	22.26	2.19
Other Non Operating Income (Expenses)	99.8	-13,385	-5,532	-3,835	123.99
EBT Excluding Unusual Items	-4,788	-17,082	-13,071	-7,080	-18.86
Gain (Loss) on Sale of Assets	-	-	-41.03	-	-
Pretax Income	-4,788	-17,082	-13,112	-7,080	-18.86
Income Tax Expense	-	-	-	-	3.46
Net Income	-4,788	-17,082	-13,112	-7,080	-22.32
Net Income to Common	-4,788	-17,082	-13,112	-7,080	-22.32
Shares Outstanding (Basic)	8	8	6	4	2
Shares Outstanding (Diluted)	8	8	6	4	2
Shares Change (YoY)	3.35%	31.37%	35.30%	99.66%	0.38%
EPS (Basic)	-585.00	-2157.00	-2175.00	-1589.00	-10.00
EPS (Diluted)	-585.00	-2157.00	-2175.00	-1589.00	-10.00
Free Cash Flow	3,993	-4,400	-18,829	-5,392	-345.7
Free Cash Flow Per Share	487.86	-555.60	-3123.31	-1210.12	-154.92
Gross Margin	15.78%	18.56%	4.10%	17.72%	27.89%
Operating Margin	-26.37%	-43.12%	-215.64%	-39.56%	-3.47%
Profit Margin	-27.66%	-213.73%	-408.43%	-98.43%	-0.55%
Free Cash Flow Margin	23.06%	-55.05%	-586.51%	-74.96%	-8.58%
EBITDA	-3,309	-2,512	-6,212	-2,384	31.23
EBITDA Margin	-19.11%	-31.44%	-193.50%	-33.15%	0.78%
D&A For EBITDA	1,256	934.04	710.57	460.76	170.9
EBIT	-4,565	-3,446	-6,922	-2,845	-139.67
EBIT Margin	-26.37%	-43.12%	-215.64%	-39.56%	-3.46%
Advertising Expenses	9.43	8.32	5.43	15.55	9.03

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