Ivisionworks 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
Revenue	25,282	35,170	23,242
Revenue Growth (YoY)	8.78%	51.32%	-
Cost of Revenue	22,572	29,110	17,306
Gross Profit	2,710	6,061	5,936
Selling, General & Admin	2,089	2,213	1,536
Research & Development	1,470	1,262	1,510
Amortization of Goodwill & Intangibles	5.59	6.37	5.57
Other Operating Expenses	121.23	97.45	49.88
Operating Expenses	3,808	3,676	3,165
Operating Income	-1,098	2,385	2,771
Interest Expense	-419.94	-279.92	-609.74
Interest & Investment Income	530.45	422.09	228.02
Currency Exchange Gain (Loss)	-86.66	296.43	114.39
Other Non Operating Income (Expenses)	-7,301	-7,447	47.48
Pretax Income	-8,393	-4,624	2,551
Income Tax Expense	191.56	-32.47	-117.79
Net Income	-8,584	-4,591	2,669
Net Income to Common	-8,584	-4,591	2,669
Shares Outstanding (Basic)	33	31	24
Shares Outstanding (Diluted)	33	31	26
Shares Change (YoY)	28.59%	20.35%	-
EPS (Basic)	-257.63	-147.22	111.00
EPS (Diluted)	-257.63	-147.22	103.00
Free Cash Flow	-7,781	-3,802	-1,104
Free Cash Flow Per Share	-233.51	-121.92	-42.61
Gross Margin	10.72%	17.23%	25.54%
Operating Margin	-4.34%	6.78%	11.92%
Profit Margin	-33.95%	-13.05%	11.48%
Free Cash Flow Margin	-30.78%	-10.81%	-4.75%
EBITDA	-654.42	2,722	3,006
EBITDA Margin	-2.59%	7.74%	12.93%
D&A For EBITDA	443.74	336.63	234.52
EBIT	-1,098	2,385	2,771
EBIT Margin	-4.34%	6.78%	11.92%

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