Synapsoft 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
Revenue	13,472	13,253	12,724	10,981	9,562
Revenue Growth (YoY)	1.66%	4.16%	15.87%	14.83%	26.81%
Cost of Revenue	7.5	8.02	3.09	2.73	9.39
Gross Profit	13,465	13,245	12,721	10,978	9,553
Selling, General & Admin	4,764	4,189	3,109	2,749	2,554
Research & Development	3,679	3,655	2,887	3,350	2,452
Amortization of Goodwill & Intangibles	6.1	4.79	3.89	4.8	4.91
Other Operating Expenses	99.16	95.78	96.64	88.69	89.33
Operating Expenses	8,791	8,171	6,287	6,286	5,170
Operating Income	4,674	5,074	6,433	4,692	4,383
Interest Expense	-15.22	-167.01	-284.55	-132.63	-119.92
Interest & Investment Income	1,229	865.17	698.68	297.72	84.05
Currency Exchange Gain (Loss)	31.51	44.02	-38.07	-33.31	-4.05
Other Non Operating Income (Expenses)	306.23	697.69	238.52	185.97	71.23
EBT Excluding Unusual Items	6,226	6,514	7,048	5,009	4,414
Gain (Loss) on Sale of Investments	-23.64	-70.61	99.18	-190.84	229.97
Other Unusual Items	-	-	-	-	0.08
Pretax Income	6,202	6,444	7,147	4,819	4,644
Income Tax Expense	498.84	453.39	932.33	403.56	201.26
Net Income	5,703	5,990	6,215	4,415	4,443
Net Income to Common	5,703	5,990	6,215	4,415	4,443
Net Income Growth	-4.79%	-3.62%	40.77%	-0.63%	61.63%
Shares Outstanding (Basic)	5	4	4	4	1
Shares Outstanding (Diluted)	5	4	4	4	1
Shares Change (YoY)	22.78%	3.91%	0.04%	164.81%	-0.01%
EPS (Basic)	1181.00	1523.00	1642.00	1167.00	3110.00
EPS (Diluted)	1181.00	1523.00	1642.00	1167.00	3110.00
EPS Growth	-22.46%	-7.25%	40.70%	-62.48%	61.64%
Free Cash Flow	5,685	6,171	6,242	3,859	-3,900
Free Cash Flow Per Share	1177.30	1568.87	1649.05	1020.13	-2730.05
Gross Margin	99.94%	99.94%	99.98%	99.98%	99.90%
Operating Margin	34.69%	38.29%	50.56%	42.73%	45.84%
Profit Margin	42.33%	45.20%	48.84%	40.21%	46.47%
Free Cash Flow Margin	42.20%	46.56%	49.05%	35.15%	-40.79%
EBITDA	5,253	5,594	6,928	5,169	4,551
EBITDA Margin	38.99%	42.21%	54.45%	47.07%	47.59%
D&A For EBITDA	578.88	519.42	494.74	476.97	167.78
EBIT	4,674	5,074	6,433	4,692	4,383
EBIT Margin	34.69%	38.29%	50.56%	42.73%	45.84%
Effective Tax Rate	8.04%	7.04%	13.05%	8.38%	4.33%
Advertising Expenses	109.71	70.82	66.12	82.94	67.16

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