SK Securities 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
Interest and Dividend Income	209,949	227,945	219,403	184,595	130,170
Total Interest Expense	125,474	154,203	167,530	115,624	40,310
Net Interest Income	84,475	73,741	51,872	68,970	89,860
Brokerage Commission	203,042	115,480	140,368	140,946	204,460
Asset Management Fee	2,239	3,686	2,759	3,705	4,884
Underwriting & Investment Banking Fee	34,682	32,375	33,129	32,861	36,191
Gain on Sale of Investments (Rev)	480,419	262,397	351,010	329,752	218,499
Other Revenue	445,825	439,899	370,548	518,934	426,857
Revenue Before Loan Losses	1,251,931	929,069	951,515	1,097,939	981,897
Provision for Loan Losses	107,304	78,091	36,775	39,554	2,836
Revenue	1,144,627	850,979	914,740	1,058,385	979,061
Revenue Growth (YoY)	34.51%	-6.97%	-13.57%	8.10%	7.39%
Salaries & Employee Benefits	200,975	148,789	147,245	159,996	188,380
Cost of Services Provided	72,734	79,917	75,897	86,304	80,879
Other Operating Expenses	528,275	358,326	348,225	427,228	350,649
Total Operating Expenses	824,452	611,802	597,339	699,033	641,313
Operating Income	320,174	239,177	317,401	359,353	337,748
Currency Exchange Gains	-160.79	-2,748	-36.66	-3,733	-13,101
Other Non-Operating Income (Expenses)	-137,286	-72,088	-84,226	-21,000	-49,282
EBT Excluding Unusual Items	210,838	168,454	248,722	329,932	281,294
Asset Writedown	-	-280	43	-	-
Gain (Loss) on Sale of Investments	-172,169	-268,904	-243,815	-323,080	-223,288
Pretax Income	38,406	-99,583	5,881	10,156	58,285
Income Tax Expense	9,703	-16,313	2,694	1,547	16,853
Earnings From Continuing Ops.	28,703	-83,270	3,188	8,609	41,432
Minority Interest in Earnings	115.92	723.86	-636.51	810.68	-1,396
Net Income	28,819	-82,546	2,551	9,420	40,036
Preferred Dividends & Other Adjustments	-	-	39.37	107.58	379.46
Net Income to Common	28,819	-82,546	2,512	9,312	39,656
Net Income Growth	-	-	-72.92%	-76.47%	251.80%
Shares Outstanding (Basic)	208	207	207	207	216
Shares Outstanding (Diluted)	208	207	207	207	216
Shares Change (YoY)	0.40%	-0.07%	-0.04%	-3.92%	-2.47%
EPS (Basic)	138.74	-398.98	12.14	44.99	183.97
EPS (Diluted)	138.74	-398.98	12.14	44.96	183.97
EPS Growth	-	-	-73.00%	-75.56%	267.95%
Free Cash Flow	-378,741	212,250	212,949	319,680	-573,819
Free Cash Flow Per Share	-1823.34	1025.89	1028.61	1543.57	-2662.07
Operating Margin	27.97%	28.11%	34.70%	33.95%	34.50%
Profit Margin	2.52%	-9.70%	0.27%	0.88%	4.05%
Free Cash Flow Margin	-33.09%	24.94%	23.28%	30.20%	-58.61%
Effective Tax Rate	25.26%	-	45.80%	15.23%	28.92%

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