Mirae Asset Securities 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
Interest and Dividend Income	6,826,629	6,653,499	6,162,698	4,566,220	2,438,136	1,640,085
Total Interest Expense	5,802,168	5,704,046	5,420,668	3,949,032	1,672,214	552,720
Net Interest Income	1,024,461	949,453	742,030	617,188	765,922	1,087,365
Brokerage Commission	1,953,306	1,637,193	1,061,301	926,363	976,811	1,322,957
Asset Management Fee	148,322	129,437	93,770	72,622	75,552	94,740
Underwriting & Investment Banking Fee	79,033	84,137	63,464	60,475	93,120	112,921
Gain on Sale of Investments (Rev)	11,159,807	7,426,694	2,825,985	2,985,763	1,664,134	2,228,665
Other Revenue	14,578,171	10,939,580	10,060,167	9,877,562	11,773,619	6,409,657
Revenue Before Loan Losses	28,943,100	21,166,494	14,846,717	14,539,973	15,349,158	11,256,306
Provision for Loan Losses	41,151	52,547	31,328	97,048	49,834	9,983
Revenue	28,901,949	21,113,947	14,815,389	14,442,925	15,299,324	11,246,323
Revenue Growth (YoY)	100.43%	42.51%	2.58%	-5.60%	36.04%	-18.61%
Salaries & Employee Benefits	1,264,707	1,132,930	871,127	705,033	692,155	903,789
Cost of Services Provided	1,522,481	1,298,405	833,700	738,833	728,510	664,595
Other Operating Expenses	16,915,850	12,443,724	8,518,519	9,002,306	9,612,926	5,517,587
Total Operating Expenses	19,821,322	14,989,419	10,311,394	10,534,164	11,143,522	7,195,778
Operating Income	9,080,627	6,124,528	4,503,995	3,908,761	4,155,802	4,050,545
Currency Exchange Gains	9,030	167,872	-53,040	65,105	68,774	-73,965
Other Non-Operating Income (Expenses)	-1,988,234	-1,499,123	-889,117	-1,650,770	-489,591	-817,410
EBT Excluding Unusual Items	7,122,502	4,829,627	3,478,563	2,355,157	3,836,185	3,357,554
Asset Writedown	-215,897	-215,897	-81,216	-180,160	-93,740	-97,028
Gain (Loss) on Sale of Investments	-4,150,363	-2,872,776	-2,382,789	-1,795,193	-2,893,109	-1,619,582
Pretax Income	3,090,910	2,079,352	1,224,458	374,165	849,245	1,642,183
Income Tax Expense	764,276	496,436	298,988	40,927	143,113	458,745
Earnings From Continuing Ops.	2,326,634	1,582,916	925,470	333,238	706,131	1,183,438
Minority Interest in Earnings	-19,593	-13,386	-3,861	-10,822	-20,206	-30,723
Net Income	2,307,041	1,569,530	921,609	322,416	685,925	1,152,716
Preferred Dividends & Other Adjustments	623,995	394,335	16,755	-	-	-
Net Income to Common	1,683,046	1,175,195	904,854	322,416	685,925	1,152,716
Net Income Growth	126.74%	70.30%	185.84%	-53.00%	-40.49%	40.26%
Shares Outstanding (Basic)	541	579	590	609	613	633
Shares Outstanding (Diluted)	541	579	590	609	613	633
Shares Change (YoY)	-7.84%	-1.81%	-3.22%	-0.51%	-3.23%	-5.75%
EPS (Basic)	3108.82	2029.42	1534.23	529.05	1119.77	1821.02
EPS (Diluted)	3074.36	2029.42	1534.23	529.05	1119.77	1821.02
EPS Growth	79.96%	32.28%	190.00%	-52.75%	-38.51%	48.82%
Free Cash Flow	-12,902,536	-6,905,743	-10,277,165	-4,101,525	2,573,874	-1,266,150
Free Cash Flow Per Share	-23831.90	-11925.40	-17425.47	-6730.15	4201.85	-2000.22
Dividend Per Share	297.820	297.820	248.183	148.910	198.547	297.820
Dividend Growth	20.00%	20.00%	66.67%	-25.00%	-33.33%	50.00%
Operating Margin	31.42%	29.01%	30.40%	27.06%	27.16%	36.02%
Profit Margin	5.82%	5.57%	6.11%	2.23%	4.48%	10.25%
Free Cash Flow Margin	-44.64%	-32.71%	-69.37%	-28.40%	16.82%	-11.26%
Effective Tax Rate	24.73%	23.88%	24.42%	10.94%	16.85%	27.93%