Mirae Asset Securities Co., Ltd. (KRX:006800)

Mirae Asset Securities 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
Interest and Dividend Income	6,366,803	6,162,698	4,566,220	2,438,136	1,640,085	1,806,826
Total Interest Expense	5,577,782	5,420,668	3,949,032	1,672,214	552,720	946,748
Net Interest Income	789,021	742,031	617,188	765,922	1,087,365	860,078
Brokerage Commission	1,354,109	1,061,301	926,363	976,811	1,322,957	1,145,805
Asset Management Fee	115,974	93,770	72,622	75,552	94,740	53,931
Underwriting & Investment Banking Fee	72,477	63,464	60,475	93,120	112,921	89,696
Gain on Sale of Investments (Rev)	5,403,598	2,825,958	2,985,763	1,664,134	2,228,665	2,902,890
Other Revenue	10,386,764	10,063,053	9,877,562	11,773,619	6,409,657	8,792,333
Revenue Before Loan Losses	18,093,313	14,849,577	14,539,973	15,349,158	11,256,306	13,844,732
Provision for Loan Losses	64,140	34,212	97,048	49,834	9,983	26,459
Revenue	18,029,173	14,815,364	14,442,925	15,299,324	11,246,323	13,818,273
Revenue Growth (YoY)	27.12%	2.58%	-5.60%	36.04%	-18.61%	21.66%
Salaries & Employee Benefits	1,073,682	871,127	705,033	692,155	903,789	812,638
Cost of Services Provided	1,114,104	833,700	738,833	728,510	664,595	581,314
Other Operating Expenses	10,712,334	8,518,519	9,002,306	9,612,926	5,517,587	7,859,649
Total Operating Expenses	13,027,629	10,311,394	10,534,164	11,143,522	7,195,778	9,365,653
Operating Income	5,001,544	4,503,970	3,908,761	4,155,802	4,050,545	4,452,620
Currency Exchange Gains	-13,961	-53,040	65,105	68,774	-73,965	89,198
Other Non-Operating Income (Expenses)	-702,267	-889,117	-1,650,770	-489,591	-817,410	-1,649,139
EBT Excluding Unusual Items	4,195,930	3,478,537	2,355,157	3,836,185	3,357,554	2,961,596
Asset Writedown	-149,066	-81,216	-180,160	-93,740	-97,028	-45
Gain (Loss) on Sale of Investments	-2,919,622	-2,382,763	-1,795,193	-2,893,109	-1,619,582	-1,828,743
Pretax Income	1,675,681	1,224,458	374,165	849,245	1,642,183	1,140,218
Income Tax Expense	400,822	298,988	40,927	143,113	458,745	305,895
Earnings From Continuing Ops.	1,274,859	925,470	333,238	706,131	1,183,438	834,323
Minority Interest in Earnings	-2,090	-3,861	-10,822	-20,206	-30,723	-12,489
Net Income	1,272,769	921,609	322,416	685,925	1,152,716	821,834
Preferred Dividends & Other Adjustments	315,507	227,841	-	-	-	-
Net Income to Common	957,262	693,768	322,416	685,925	1,152,716	821,834
Net Income Growth	141.52%	185.84%	-53.00%	-40.49%	40.26%	24.71%
Shares Outstanding (Basic)	576	585	605	608	628	667
Shares Outstanding (Diluted)	576	585	605	608	628	667
Shares Change (YoY)	-2.70%	-3.22%	-0.51%	-3.23%	-5.75%	-3.30%
EPS (Basic)	1662.79	1184.93	532.92	1127.97	1834.35	1232.61
EPS (Diluted)	1662.79	1184.93	532.92	1127.97	1834.35	1232.61
EPS Growth	119.42%	122.35%	-52.75%	-38.51%	48.82%	28.97%
Free Cash Flow	-	-10,277,165	-4,101,525	2,573,874	-1,266,150	818,479
Free Cash Flow Per Share	-	-17553.03	-6779.42	4232.61	-2014.87	1227.58
Dividend Per Share	250.000	250.000	150.000	200.000	300.000	200.000
Dividend Growth	66.67%	66.67%	-25.00%	-33.33%	50.00%	-23.08%
Operating Margin	27.74%	30.40%	27.06%	27.16%	36.02%	32.22%
Profit Margin	5.31%	4.68%	2.23%	4.48%	10.25%	5.95%
Free Cash Flow Margin	-	-69.37%	-28.40%	16.82%	-11.26%	5.92%
Effective Tax Rate	-	24.42%	10.94%	16.85%	27.93%	26.83%

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