Iron Device 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	10,127	8,372	6,232	5,437
Other Revenue	-	-	-0	-
Revenue	10,127	8,372	6,232	5,437
Revenue Growth (YoY)	20.97%	34.33%	14.64%	-
Cost of Revenue	6,828	5,548	3,907	2,766
Gross Profit	3,299	2,823	2,326	2,670
Selling, General & Admin	2,712	2,693	3,663	4,175
Research & Development	6,016	4,886	1,817	-
Amortization of Goodwill & Intangibles	16.44	15.99	81.52	-
Other Operating Expenses	4.56	5.88	10.26	-
Operating Expenses	8,873	7,699	5,841	4,175
Operating Income	-5,574	-4,876	-3,516	-1,505
Interest Expense	-93.48	-83.16	-895.42	-477.79
Interest & Investment Income	814.01	523.5	123.19	36.98
Currency Exchange Gain (Loss)	-225.51	598.78	-50.62	5.23
Other Non Operating Income (Expenses)	-0.21	99.78	-74.03	-1,556
EBT Excluding Unusual Items	-5,079	-3,737	-4,413	-3,496
Gain (Loss) on Sale of Investments	-25.96	-5.6	3.1	0.96
Gain (Loss) on Sale of Assets	-55.56	-	-13.44	-
Pretax Income	-5,161	-3,742	-4,423	-3,495
Income Tax Expense	-620.87	478.45	-497.48	-230.59
Net Income	-4,540	-4,221	-3,925	-3,265
Net Income to Common	-4,540	-4,221	-3,925	-3,265
Shares Outstanding (Basic)	14	12	5	4
Shares Outstanding (Diluted)	14	12	5	4
Shares Change (YoY)	21.13%	129.86%	16.67%	-
EPS (Basic)	-325.00	-366.00	-782.45	-759.26
EPS (Diluted)	-325.00	-366.00	-782.45	-759.26
Free Cash Flow	-11,305	-2,700	-857.42	-4,034
Free Cash Flow Per Share	-809.33	-234.15	-170.91	-938.15
Gross Margin	32.57%	33.72%	37.31%	49.12%
Operating Margin	-55.04%	-58.24%	-56.41%	-27.68%
Profit Margin	-44.83%	-50.42%	-62.99%	-60.05%
Free Cash Flow Margin	-111.63%	-32.25%	-13.76%	-74.20%
EBITDA	-4,963	-4,383	-3,165	-1,414
EBITDA Margin	-49.00%	-52.35%	-50.78%	-26.00%
D&A For EBITDA	611.43	492.56	350.81	91.25
EBIT	-5,574	-4,876	-3,516	-1,505
EBIT Margin	-55.04%	-58.24%	-56.41%	-27.68%

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