Mirae Asset Securities Co., Ltd. (KRX:00680K)

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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	6,390,388	6,162,698	4,566,220	2,438,136	1,640,085	1,806,826
Total Interest Expense	5,635,977	5,420,668	3,949,032	1,672,214	552,720	946,748
Net Interest Income	754,412	742,031	617,188	765,922	1,087,365	860,078
Brokerage Commission	1,220,077	1,061,301	926,363	976,811	1,322,957	1,145,805
Asset Management Fee	105,027	93,770	72,622	75,552	94,740	53,931
Underwriting & Investment Banking Fee	80,035	63,464	60,475	93,120	112,921	89,696
Gain on Sale of Investments (Rev)	4,198,643	2,825,958	2,985,763	1,664,134	2,228,665	2,902,890
Other Revenue	10,291,561	10,063,053	9,877,562	11,773,619	6,409,657	8,792,333
Revenue Before Loan Losses	16,649,755	14,849,577	14,539,973	15,349,158	11,256,306	13,844,732
Provision for Loan Losses	47,214	34,212	97,048	49,834	9,983	26,459
Revenue	16,602,540	14,815,364	14,442,925	15,299,324	11,246,323	13,818,273
Revenue Growth (YoY)	19.74%	2.58%	-5.60%	36.04%	-18.61%	21.66%
Salaries & Employee Benefits	956,331	871,127	705,033	692,155	903,789	812,638
Cost of Services Provided	1,027,962	833,700	738,833	728,510	664,595	581,314
Other Operating Expenses	9,587,265	8,518,519	9,002,306	9,612,926	5,517,587	7,859,649
Total Operating Expenses	11,673,072	10,311,394	10,534,164	11,143,522	7,195,778	9,365,653
Operating Income	4,929,468	4,503,970	3,908,761	4,155,802	4,050,545	4,452,620
Currency Exchange Gains	314,068	-53,040	65,105	68,774	-73,965	89,198
Other Non-Operating Income (Expenses)	-892,352	-889,117	-1,650,770	-489,591	-817,410	-1,649,139
EBT Excluding Unusual Items	4,278,585	3,478,537	2,355,157	3,836,185	3,357,554	2,961,596
Asset Writedown	-28,837	-81,216	-180,160	-93,740	-97,028	-45
Gain (Loss) on Sale of Investments	-2,874,654	-2,382,763	-1,795,193	-2,893,109	-1,619,582	-1,828,743
Pretax Income	1,585,245	1,224,458	374,165	849,245	1,642,183	1,140,218
Income Tax Expense	364,061	298,988	40,927	143,113	458,745	305,895
Earnings From Continuing Ops.	1,221,184	925,470	333,238	706,131	1,183,438	834,323
Minority Interest in Earnings	2,344	-3,861	-10,822	-20,206	-30,723	-12,489
Net Income	1,223,528	921,609	322,416	685,925	1,152,716	821,834
Preferred Dividends & Other Adjustments	233,586	227,841	-	-	-	-
Net Income to Common	989,942	693,768	322,416	685,925	1,152,716	821,834
Net Income Growth	290.55%	185.84%	-53.00%	-40.49%	40.26%	24.71%
Shares Outstanding (Basic)	578	585	605	608	628	667
Shares Outstanding (Diluted)	578	585	605	608	628	667
Shares Change (YoY)	-3.22%	-3.22%	-0.51%	-3.23%	-5.75%	-3.30%
EPS (Basic)	1712.68	1184.93	532.92	1127.97	1834.35	1232.61
EPS (Diluted)	1712.68	1184.93	532.92	1127.97	1834.35	1232.61
EPS Growth	233.41%	122.35%	-52.75%	-38.51%	48.82%	28.97%
Free Cash Flow	-6,267,720	-10,277,165	-4,101,525	2,573,874	-1,266,150	818,479
Free Cash Flow Per Share	-10843.65	-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	29.69%	30.40%	27.06%	27.16%	36.02%	32.22%
Profit Margin	5.96%	4.68%	2.23%	4.48%	10.25%	5.95%
Free Cash Flow Margin	-37.75%	-69.37%	-28.40%	16.82%	-11.26%	5.92%
Effective Tax Rate	22.97%	24.42%	10.94%	16.85%	27.93%	26.83%

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