Bolak Company 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
Operating Revenue	50,116	47,600	46,774	48,435	39,764
Other Revenue	-	-	-	-0	-
Revenue	50,116	47,600	46,774	48,435	39,764
Revenue Growth (YoY)	5.29%	1.77%	-3.43%	21.81%	3.84%
Cost of Revenue	42,282	43,304	41,135	40,209	33,315
Gross Profit	7,834	4,296	5,639	8,225	6,449
Selling, General & Admin	4,551	4,057	3,743	3,656	3,431
Research & Development	796.27	869.88	990.24	1,071	1,137
Amortization of Goodwill & Intangibles	25	60	60	60	60
Other Operating Expenses	32.74	975.61	39.75	39.28	35.51
Operating Expenses	5,604	6,088	5,133	4,942	4,757
Operating Income	2,230	-1,792	505.61	3,283	1,692
Interest Expense	-66.35	-97.29	-89.69	-67.51	-75.04
Interest & Investment Income	127.96	78.15	35.37	34.25	17.19
Currency Exchange Gain (Loss)	48.83	3.12	40.03	-13.4	57.49
Other Non Operating Income (Expenses)	212.93	108.98	156.5	93.63	110.38
EBT Excluding Unusual Items	2,554	-1,699	647.82	3,330	1,802
Gain (Loss) on Sale of Investments	-98.52	72.29	74.14	63.38	39.46
Gain (Loss) on Sale of Assets	10.49	73.38	1.81	-4.18	-0.75
Pretax Income	2,465	-1,553	723.77	3,389	1,841
Income Tax Expense	125.85	-43.56	-134.05	319.94	145.87
Net Income	2,340	-1,510	857.81	3,069	1,695
Net Income to Common	2,340	-1,510	857.81	3,069	1,695
Net Income Growth	-	-	-72.05%	81.07%	329.65%
Shares Outstanding (Basic)	-	60	60	60	60
Shares Outstanding (Diluted)	-	60	60	60	60
EPS (Basic)	-	-25.20	14.32	51.24	28.30
EPS (Diluted)	-	-25.20	14.32	51.24	28.30
EPS Growth	-	-	-72.05%	81.07%	329.65%
Free Cash Flow	5,906	636.27	953.88	1,899	548.73
Free Cash Flow Per Share	-	10.62	15.92	31.70	9.16
Gross Margin	15.63%	9.03%	12.05%	16.98%	16.22%
Operating Margin	4.45%	-3.76%	1.08%	6.78%	4.25%
Profit Margin	4.67%	-3.17%	1.83%	6.34%	4.26%
Free Cash Flow Margin	11.79%	1.34%	2.04%	3.92%	1.38%
EBITDA	3,934	-26.14	2,396	5,265	3,732
EBITDA Margin	7.85%	-0.06%	5.12%	10.87%	9.39%
D&A For EBITDA	1,704	1,766	1,891	1,982	2,040
EBIT	2,230	-1,792	505.61	3,283	1,692
EBIT Margin	4.45%	-3.76%	1.08%	6.78%	4.25%
Effective Tax Rate	5.10%	-	-	9.44%	7.92%
Advertising Expenses	11.81	30.29	1.74	1.5	1.5

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