Sandy Spring Bancorp 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	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	23,076	25,044	15,257	13,746
Other Revenue	-0	-0	-	-0
Revenue	23,076	25,044	15,257	13,746
Revenue Growth (YoY)	67.87%	64.15%	10.99%	-
Cost of Revenue	9,531	10,465	6,998	6,493
Gross Profit	13,545	14,580	8,259	7,254
Selling, General & Admin	2,820	2,529	1,614	1,905
Research & Development	1,621	1,384	767.51	482.9
Other Operating Expenses	72.52	74.89	28.68	20.93
Operating Expenses	4,979	4,444	2,649	2,513
Operating Income	8,566	10,136	5,610	4,741
Interest Expense	-278.91	-340.46	-106.2	-68.57
Interest & Investment Income	166.96	124.2	68.42	30.61
Currency Exchange Gain (Loss)	570.09	622.9	-12.17	29.36
Other Non Operating Income (Expenses)	-2,299	-2,058	-1,188	235.25
EBT Excluding Unusual Items	6,725	8,484	4,372	4,967
Gain (Loss) on Sale of Assets	-159.75	-159.75	-	-
Asset Writedown	-	-	-154.85	-36.31
Other Unusual Items	228.64	228.64	-	-634.39
Pretax Income	7,028	8,553	4,217	4,297
Income Tax Expense	1,672	1,896	805.9	690.25
Earnings From Continuing Operations	5,356	6,657	3,411	3,606
Earnings From Discontinued Operations	152.99	161.7	-30.96	-
Net Income to Company	5,509	6,819	3,380	3,606
Minority Interest in Earnings	41.08	31.41	1.37	-
Net Income	5,550	6,850	3,382	3,606
Net Income to Common	5,550	6,850	3,382	3,606
Net Income Growth	53.89%	102.57%	-6.24%	-
Shares Outstanding (Basic)	5	4	1	1
Shares Outstanding (Diluted)	5	4	2	1
Shares Change (YoY)	338.47%	189.83%	38.03%	-
EPS (Basic)	1132.55	1532.00	3382.00	3606.47
EPS (Diluted)	1132.55	1532.00	2192.00	3156.08
EPS Growth	-64.11%	-30.11%	-30.55%	-
Free Cash Flow	-1,757	3,495	-3,057	-946.53
Free Cash Flow Per Share	-358.49	781.59	-1981.87	-846.89
Gross Margin	58.70%	58.21%	54.13%	52.77%
Operating Margin	37.12%	40.47%	36.77%	34.49%
Profit Margin	24.05%	27.35%	22.16%	26.24%
Free Cash Flow Margin	-7.61%	13.95%	-20.04%	-6.89%
EBITDA	9,834	11,287	6,294	5,199
EBITDA Margin	42.61%	45.07%	41.25%	37.82%
D&A For EBITDA	1,267	1,151	684.28	458.36
EBIT	8,566	10,136	5,610	4,741
EBIT Margin	37.12%	40.47%	36.77%	34.49%
Effective Tax Rate	23.79%	22.17%	19.11%	16.06%
Advertising Expenses	-	6.85	3.14	0.04

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