NOROO Holdings 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,267,482	1,247,878	1,214,476	1,031,735	955,214	848,027
Other Revenue	-0	-0	-0	-0	-	-
Revenue	1,267,482	1,247,878	1,214,476	1,031,735	955,214	848,027
Revenue Growth (YoY)	2.67%	2.75%	17.71%	8.01%	12.64%	-4.10%
Cost of Revenue	967,262	943,699	926,889	826,304	768,937	644,977
Gross Profit	300,220	304,179	287,587	205,431	186,277	203,051
Selling, General & Admin	200,441	174,769	165,545	130,430	141,133	149,717
Research & Development	15,591	14,573	14,125	13,770	5,729	5,663
Amortization of Goodwill & Intangibles	2,929	1,865	2,011	488.2	1,165	1,211
Other Operating Expenses	1,564	1,596	1,831	1,456	3,077	1,159
Operating Expenses	241,283	231,910	219,545	175,605	160,032	167,305
Operating Income	58,937	72,269	68,042	29,826	26,245	35,746
Interest Expense	-4,826	-6,124	-6,786	-6,667	-6,182	-7,074
Interest & Investment Income	6,594	5,972	5,553	4,186	3,003	1,821
Earnings From Equity Investments	7,916	6,709	2,463	-428.39	20.9	16,002
Currency Exchange Gain (Loss)	2,972	3,820	1,961	-4,284	1,584	-1,126
Other Non Operating Income (Expenses)	438.74	274.36	-93.68	-532.23	-368.78	164.47
EBT Excluding Unusual Items	72,033	82,920	71,140	22,101	24,302	45,534
Gain (Loss) on Sale of Investments	-1,033	1,271	-165.95	19,558	2,410	161.23
Gain (Loss) on Sale of Assets	187.97	19,404	-116.14	741.91	563.74	385.63
Asset Writedown	293	-120.94	-1,490	-	-507.1	-2,360
Pretax Income	71,480	103,474	69,367	42,400	26,769	43,720
Income Tax Expense	14,504	20,753	15,361	8,531	16,061	14,623
Earnings From Continuing Operations	56,976	82,721	54,007	33,870	10,708	29,097
Earnings From Discontinued Operations	-168.96	-653.05	-2,327	-478.7	-	-
Net Income to Company	56,807	82,068	51,679	33,391	10,708	29,097
Minority Interest in Earnings	-23,405	-31,323	-26,218	-8,422	-9,111	-15,103
Net Income	33,403	50,745	25,462	24,969	1,596	13,994
Preferred Dividends & Other Adjustments	1,753	1,178	-	-	-	-
Net Income to Common	31,650	49,567	25,462	24,969	1,596	13,994
Net Income Growth	-34.78%	99.30%	1.97%	1464.08%	-88.59%	205.91%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-1.74%	0.08%	0.38%	0.24%	-0.00%	0.01%
EPS (Basic)	3069.95	4724.21	2428.70	2390.82	153.23	1343.21
EPS (Diluted)	3069.95	4724.21	2428.70	2390.82	153.23	1343.21
EPS Growth	-37.11%	94.52%	1.58%	1460.25%	-88.59%	205.90%
Free Cash Flow	37,270	56,665	78,052	18,708	8,848	27,251
Free Cash Flow Per Share	3615.10	5400.76	7445.15	1791.38	849.29	2615.67
Dividend Per Share	550.000	550.000	-	-	-	-
Gross Margin	23.69%	24.38%	23.68%	19.91%	19.50%	23.94%
Operating Margin	4.65%	5.79%	5.60%	2.89%	2.75%	4.21%
Profit Margin	2.50%	3.97%	2.10%	2.42%	0.17%	1.65%
Free Cash Flow Margin	2.94%	4.54%	6.43%	1.81%	0.93%	3.21%
EBITDA	85,947	98,778	95,680	54,067	48,870	59,546
EBITDA Margin	6.78%	7.92%	7.88%	5.24%	5.12%	7.02%
D&A For EBITDA	27,009	26,509	27,638	24,241	22,625	23,800
EBIT	58,937	72,269	68,042	29,826	26,245	35,746
EBIT Margin	4.65%	5.79%	5.60%	2.89%	2.75%	4.21%
Effective Tax Rate	20.29%	20.06%	22.14%	20.12%	60.00%	33.45%
Advertising Expenses	-	3,313	3,441	3,543	1,697	3,739

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.