Nexen Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,649,603	3,581,946	3,211,126	3,032,758	3,001,035	2,400,289
Other Revenue	7,031	4,572	3,178	3,304	2,915	3,593
Revenue	3,656,634	3,586,518	3,214,304	3,036,062	3,003,950	2,403,881
Revenue Growth (YoY)	10.21%	11.58%	5.87%	1.07%	24.96%	22.12%
Cost of Revenue	2,654,249	2,632,782	2,336,232	2,218,969	2,500,923	1,896,966
Gross Profit	1,002,386	953,736	878,072	817,093	503,027	506,915
Selling, General & Admin	714,758	685,756	598,327	540,628	478,353	422,662
Amortization of Goodwill & Intangibles	8,581	7,756	8,998	5,606	5,311	5,311
Other Operating Expenses	20,596	20,606	19,144	16,712	15,752	14,535
Operating Expenses	779,464	749,556	669,036	596,235	525,724	473,330
Operating Income	222,922	204,180	209,036	220,858	-22,698	33,585
Interest Expense	-78,563	-81,620	-96,932	-62,291	-29,336	-19,936
Interest & Investment Income	12,876	13,336	16,059	15,875	11,029	8,277
Earnings From Equity Investments	-	-	-	-	-	46.78
Currency Exchange Gain (Loss)	57,757	49,206	66,307	5,478	18,024	26,767
Other Non Operating Income (Expenses)	11,990	13,930	2,963	4,510	-373.54	-2,599
EBT Excluding Unusual Items	226,981	199,032	197,432	184,429	-23,353	46,142
Gain (Loss) on Sale of Investments	55,132	41,760	18,150	6,086	25,652	9,238
Gain (Loss) on Sale of Assets	-2,558	620.23	5,893	368.86	-1,199	-5,385
Asset Writedown	-4,639	-3,733	-6,311	-9,970	-4,214	-2,351
Pretax Income	274,917	237,679	215,163	180,914	-3,114	47,644
Income Tax Expense	70,165	59,810	56,722	80,465	-4,891	18,222
Earnings From Continuing Operations	204,752	177,870	158,441	100,449	1,777	29,422
Minority Interest in Earnings	-98,424	-86,676	-72,534	-58,813	15,692	-580.88
Net Income	106,327	91,194	85,907	41,636	17,469	28,841
Preferred Dividends & Other Adjustments	6,026	6,026	-	-	-	-
Net Income to Common	100,302	85,168	85,907	41,636	17,469	28,841
Net Income Growth	27.40%	6.15%	106.33%	138.34%	-39.43%	164.99%
Shares Outstanding (Basic)	48	48	52	54	55	55
Shares Outstanding (Diluted)	50	49	52	54	55	55
Shares Change (YoY)	-4.29%	-6.16%	-1.94%	-2.89%	-0.43%	-1.38%
EPS (Basic)	2069.33	1757.38	1637.00	778.00	317.00	521.12
EPS (Diluted)	2010.70	1734.00	1637.00	778.00	317.00	521.12
EPS Growth	25.84%	5.92%	110.41%	145.43%	-39.17%	168.69%
Free Cash Flow	316,141	126,316	76,571	-40,666	-314,176	101,614
Free Cash Flow Per Share	6323.65	2565.13	1459.09	-759.88	-5701.21	1836.05
Dividend Per Share	-	-	-	-	-	100.000
Dividend Growth	-	-	-	-	-	17.65%
Gross Margin	27.41%	26.59%	27.32%	26.91%	16.75%	21.09%
Operating Margin	6.10%	5.69%	6.50%	7.27%	-0.76%	1.40%
Profit Margin	2.74%	2.38%	2.67%	1.37%	0.58%	1.20%
Free Cash Flow Margin	8.65%	3.52%	2.38%	-1.34%	-10.46%	4.23%
EBITDA	539,980	516,450	457,751	429,706	184,757	238,065
EBITDA Margin	14.77%	14.40%	14.24%	14.15%	6.15%	9.90%
D&A For EBITDA	317,058	312,270	248,715	208,849	207,455	204,480
EBIT	222,922	204,180	209,036	220,858	-22,698	33,585
EBIT Margin	6.10%	5.69%	6.50%	7.27%	-0.76%	1.40%
Effective Tax Rate	25.52%	25.16%	26.36%	44.48%	-	38.25%
Advertising Expenses	-	69,177	64,163	63,325	53,770	56,316