Korea Airport Service 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	663,193	626,537	544,725	400,521	345,532
Other Revenue	-	-	-	-	-0
Revenue	663,193	626,537	544,725	400,521	345,532
Revenue Growth (YoY)	5.85%	15.02%	36.00%	15.91%	13.96%
Cost of Revenue	578,831	545,835	479,821	369,641	323,966
Gross Profit	84,361	80,702	64,904	30,881	21,567
Selling, General & Admin	35,837	34,095	28,877	26,194	20,564
Amortization of Goodwill & Intangibles	34	472.47	1,086	1,078	1,052
Other Operating Expenses	1,475	1,124	971.24	1,016	852.97
Operating Expenses	37,347	35,692	30,935	28,288	22,469
Operating Income	47,015	45,010	33,969	2,593	-902.55
Interest Expense	-862.51	-1,171	-1,116	-783.72	-1,192
Interest & Investment Income	3,234	4,920	5,394	3,154	1,749
Earnings From Equity Investments	-253.07	-6.16	-	-	-
Currency Exchange Gain (Loss)	-99.31	-14.59	106.29	858.01	237.54
Other Non Operating Income (Expenses)	-422.27	1,245	1,370	838.44	687.15
EBT Excluding Unusual Items	48,612	49,983	39,723	6,660	578.87
Gain (Loss) on Sale of Investments	-	-	-	29.21	-
Gain (Loss) on Sale of Assets	94.84	93.68	173.76	117.64	-168.36
Pretax Income	48,706	50,077	39,897	6,806	410.51
Income Tax Expense	8,161	9,471	8,475	1,032	-117.45
Earnings From Continuing Operations	40,546	40,606	31,423	5,774	527.96
Earnings From Discontinued Operations	-	-	-	-	2,723
Net Income	40,546	40,606	31,423	5,774	3,251
Net Income to Common	40,546	40,606	31,423	5,774	3,251
Net Income Growth	-0.15%	29.23%	444.17%	77.62%	-
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	0.00%	-0.00%	-	-0.00%	-0.00%
EPS (Basic)	13258.00	13278.00	10274.83	1888.16	1063.04
EPS (Diluted)	13258.00	13278.00	10274.83	1888.16	1063.04
EPS Growth	-0.15%	29.23%	444.17%	77.62%	-
Free Cash Flow	-10,720	3,033	12,737	23,006	7,175
Free Cash Flow Per Share	-3505.19	991.89	4164.95	7522.78	2345.99
Gross Margin	12.72%	12.88%	11.92%	7.71%	6.24%
Operating Margin	7.09%	7.18%	6.24%	0.65%	-0.26%
Profit Margin	6.11%	6.48%	5.77%	1.44%	0.94%
Free Cash Flow Margin	-1.62%	0.48%	2.34%	5.74%	2.08%
EBITDA	74,969	70,781	57,085	23,683	21,268
EBITDA Margin	11.30%	11.30%	10.48%	5.91%	6.16%
D&A For EBITDA	27,955	25,772	23,116	21,091	22,170
EBIT	47,015	45,010	33,969	2,593	-902.55
EBIT Margin	7.09%	7.18%	6.24%	0.65%	-0.26%
Effective Tax Rate	16.75%	18.91%	21.24%	15.16%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.