SK Networks Company Limited (KRX:001740)

SK Networks Company Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,974,506	7,657,281	7,453,479	9,426,160	11,018,140	10,625,906
Revenue Growth (YoY)	-10.99%	2.73%	-20.93%	-14.45%	3.69%	-18.60%
Cost of Revenue	6,102,538	6,805,033	6,605,081	8,288,857	9,889,543	9,552,915
Gross Profit	871,968	852,248	848,398	1,137,303	1,128,597	1,072,991
Selling, General & Admin	625,702	603,988	621,183	784,042	843,674	798,022
Amortization of Goodwill & Intangibles	19,818	19,949	21,040	26,068	21,969	18,451
Other Operating Expenses	7,463	7,334	14,146	18,345	25,012	24,732
Operating Expenses	753,452	738,333	767,857	959,751	1,006,619	949,042
Operating Income	118,516	113,915	80,541	177,552	121,978	123,949
Interest Expense	-67,830	-96,054	-84,809	-122,855	-105,835	-114,424
Interest & Investment Income	14,316	16,838	5,261	29,947	15,579	10,033
Earnings From Equity Investments	-41,797	-55,330	-8,699	-4,305	58	110,902
Currency Exchange Gain (Loss)	-1,257	-2,468	-7,310	-44,200	-57,404	18,938
Other Non Operating Income (Expenses)	1,454	11,016	4,184	42,946	62,777	-22,163
EBT Excluding Unusual Items	23,402	-12,083	-10,832	79,085	37,153	127,235
Gain (Loss) on Sale of Investments	919	6,333	11,435	4,668	2,207	-411
Gain (Loss) on Sale of Assets	20,096	36,210	4,811	31,947	76,395	-3,034
Asset Writedown	-1,591	-1,227	1,270	-10,590	-8,622	-16,461
Pretax Income	42,826	29,233	6,684	105,110	107,133	107,329
Income Tax Expense	17,770	7,972	-6,584	8,515	45,695	85,475
Earnings From Continuing Operations	25,056	21,261	13,268	96,595	61,438	21,854
Earnings From Discontinued Operations	-33,301	25,031	-7,809	-5,830	42,102	20,199
Net Income to Company	-8,245	46,292	5,459	90,765	103,540	42,053
Minority Interest in Earnings	-320	1,543	-6,170	-4,325	-4,868	-7,558
Net Income	-8,565	47,835	-711	86,440	98,672	34,495
Preferred Dividends & Other Adjustments	29	29	-	-	-	-
Net Income to Common	-8,594	47,806	-711	86,440	98,672	34,495
Net Income Growth	-	-	-	-12.40%	186.05%	-
Shares Outstanding (Basic)	194	199	237	219	219	225
Shares Outstanding (Diluted)	194	200	237	219	219	225
Shares Change (YoY)	-15.82%	-15.77%	8.30%	0.02%	-2.96%	-6.24%
EPS (Basic)	-44.24	239.64	-3.00	395.00	451.00	153.00
EPS (Diluted)	-44.24	239.46	-3.00	395.00	451.00	153.00
EPS Growth	-	-	-	-12.42%	194.77%	-
Free Cash Flow	89,471	147,135	13,013	-455,382	232,690	-360,904
Free Cash Flow Per Share	460.61	737.01	54.91	-2080.93	1063.56	-1600.76
Dividend Per Share	300.000	300.000	200.000	120.000	120.000	120.000
Dividend Growth	50.00%	50.00%	66.67%	-	-	-
Gross Margin	12.50%	11.13%	11.38%	12.06%	10.24%	10.10%
Operating Margin	1.70%	1.49%	1.08%	1.88%	1.11%	1.17%
Profit Margin	-0.12%	0.62%	-0.01%	0.92%	0.90%	0.33%
Free Cash Flow Margin	1.28%	1.92%	0.18%	-4.83%	2.11%	-3.40%
EBITDA	283,686	665,509	898,228	1,030,320	973,148	945,470
EBITDA Margin	4.07%	8.69%	12.05%	10.93%	8.83%	8.90%
D&A For EBITDA	165,170	551,594	817,687	852,768	851,170	821,521
EBIT	118,516	113,915	80,541	177,552	121,978	123,949
EBIT Margin	1.70%	1.49%	1.08%	1.88%	1.11%	1.17%
Effective Tax Rate	41.49%	27.27%	-	8.10%	42.65%	79.64%
Advertising Expenses	-	32,686	44,742	66,718	81,758	69,254

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