GAON CABLE 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	2,545,698	1,727,104	1,498,607	1,416,454	1,070,383
Revenue Growth (YoY)	47.40%	15.25%	5.80%	32.33%	24.84%
Cost of Revenue	2,340,192	1,610,474	1,385,917	1,327,921	1,008,609
Gross Profit	205,506	116,630	112,690	88,534	61,774
Selling, General & Admin	113,091	57,937	63,998	54,864	40,341
Other Operating Expenses	3,878	259.02	-	-	-
Operating Expenses	126,297	71,478	68,969	60,071	45,031
Operating Income	79,209	45,152	43,720	28,463	16,743
Interest Expense	-17,879	-8,651	-7,778	-5,696	-3,889
Interest & Investment Income	2,381	1,269	710.37	291.45	141.84
Earnings From Equity Investments	-60.03	-	-	-	-
Currency Exchange Gain (Loss)	-1,364	-6,426	2,379	-7,912	-6,194
Other Non Operating Income (Expenses)	-1,012	4,155	-4,061	5,229	6,264
EBT Excluding Unusual Items	61,276	35,500	34,970	20,375	13,066
Gain (Loss) on Sale of Investments	-	-	-7,856	-6,341	-1,229
Gain (Loss) on Sale of Assets	2,200	78.82	1,361	-48.03	94.24
Asset Writedown	-	-22.93	-82.05	-689.13	-3,172
Pretax Income	63,476	35,556	28,393	13,297	8,759
Income Tax Expense	12,079	10,201	10,495	2,833	2,905
Earnings From Continuing Operations	51,397	25,355	17,898	10,464	5,854
Net Income	51,397	25,355	17,898	10,464	5,854
Net Income to Common	51,397	25,355	17,898	10,464	5,854
Net Income Growth	102.71%	41.66%	71.05%	78.73%	-38.41%
Shares Outstanding (Basic)	17	8	6	4	4
Shares Outstanding (Diluted)	17	8	6	4	4
Shares Change (YoY)	113.36%	25.94%	44.65%	8.27%	-
EPS (Basic)	3106.83	3270.03	2907.11	2458.44	1489.28
EPS (Diluted)	3106.83	3270.03	2907.11	2458.44	1489.28
EPS Growth	-4.99%	12.48%	18.25%	65.08%	-38.41%
Free Cash Flow	17,274	13,814	9,171	18,805	-20,659
Free Cash Flow Per Share	1044.15	1781.53	1489.61	4418.25	-5255.28
Dividend Per Share	100.000	-	-	50.000	420.000
Dividend Growth	-	-	-	-88.09%	-30.00%
Gross Margin	8.07%	6.75%	7.52%	6.25%	5.77%
Operating Margin	3.11%	2.61%	2.92%	2.01%	1.56%
Profit Margin	2.02%	1.47%	1.19%	0.74%	0.55%
Free Cash Flow Margin	0.68%	0.80%	0.61%	1.33%	-1.93%
EBITDA	102,065	55,508	52,031	36,851	24,812
EBITDA Margin	4.01%	3.21%	3.47%	2.60%	2.32%
D&A For EBITDA	22,855	10,356	8,311	8,388	8,069
EBIT	79,209	45,152	43,720	28,463	16,743
EBIT Margin	3.11%	2.61%	2.92%	2.01%	1.56%
Effective Tax Rate	19.03%	28.69%	36.96%	21.31%	33.16%

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