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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	26,907	35,170	23,242
Revenue Growth (YoY)	-27.20%	51.32%	-
Cost of Revenue	23,163	29,110	17,306
Gross Profit	3,744	6,061	5,936
Selling, General & Admin	1,871	2,213	1,536
Research & Development	1,664	1,262	1,510
Amortization of Goodwill & Intangibles	5	6.37	5.57
Other Operating Expenses	124.15	97.45	49.88
Operating Expenses	3,790	3,676	3,165
Operating Income	-45.75	2,385	2,771
Interest Expense	-441.44	-279.92	-609.74
Interest & Investment Income	535.27	422.09	228.02
Currency Exchange Gain (Loss)	105.18	296.43	114.39
Other Non Operating Income (Expenses)	29.82	-7,447	47.48
Pretax Income	165.06	-4,624	2,551
Income Tax Expense	104.35	-32.47	-117.79
Net Income	60.71	-4,591	2,669
Net Income to Common	60.71	-4,591	2,669
Shares Outstanding (Basic)	32	31	24
Shares Outstanding (Diluted)	32	31	26
Shares Change (YoY)	10.33%	20.35%	-
EPS (Basic)	1.87	-147.22	111.00
EPS (Diluted)	1.87	-147.22	103.00
Free Cash Flow	-611.76	-3,802	-1,104
Free Cash Flow Per Share	-18.89	-121.92	-42.61
Gross Margin	13.91%	17.23%	25.54%
Operating Margin	-0.17%	6.78%	11.92%
Profit Margin	0.23%	-13.05%	11.48%
Free Cash Flow Margin	-2.27%	-10.81%	-4.75%
EBITDA	453.59	2,722	3,006
EBITDA Margin	1.69%	7.74%	12.93%
D&A For EBITDA	499.34	336.63	234.52
EBIT	-45.75	2,385	2,771
EBIT Margin	-0.17%	6.78%	11.92%

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