Seoyon Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	4,870,102	4,498,780	4,020,725	3,251,549	2,479,315	2,237,269
Revenue	4,870,102	4,498,780	4,020,725	3,251,549	2,479,315	2,237,269
Revenue Growth (YoY)	11.06%	11.89%	23.66%	31.15%	10.82%	1.57%
Cost of Revenue	4,140,961	3,784,732	3,395,932	2,749,749	2,145,763	1,967,410
Gross Profit	729,141	714,048	624,793	501,799	333,553	269,858
Selling, General & Admin	458,557	408,384	323,310	274,629	210,351	176,726
Research & Development	11,574	10,695	8,382	7,247	7,250	6,355
Amortization of Goodwill & Intangibles	20,950	21,246	16,328	4,502	4,561	3,788
Other Operating Expenses	13,192	12,251	8,251	7,346	6,468	6,312
Operating Expenses	513,691	473,150	370,753	329,213	250,122	242,440
Operating Income	215,449	240,898	254,040	172,587	83,430	27,418
Interest Expense	-31,654	-32,914	-34,919	-22,941	-19,561	-22,727
Interest & Investment Income	12,961	14,668	11,929	8,149	5,485	4,677
Earnings From Equity Investments	-1,763	-854.81	-3,224	16,731	-1,102	19,980
Currency Exchange Gain (Loss)	18,619	47,232	12,139	4,838	13,399	-27,358
Other Non Operating Income (Expenses)	10,256	14,915	7,054	5,186	6,707	3,461
EBT Excluding Unusual Items	223,868	283,945	247,018	184,550	88,360	5,451
Gain (Loss) on Sale of Investments	2,812	3,374	12,677	-2,060	-5,129	-8,129
Gain (Loss) on Sale of Assets	908.12	8,515	-1,477	-1,430	6,094	-3,025
Asset Writedown	1,607	1,607	-112.99	-23,670	-18,570	-9,257
Pretax Income	229,196	297,441	258,105	157,391	70,755	-14,960
Income Tax Expense	67,476	71,711	46,698	58,249	26,480	10,578
Earnings From Continuing Operations	161,719	225,730	211,407	99,142	44,275	-25,538
Net Income to Company	161,719	225,730	211,407	99,142	44,275	-25,538
Minority Interest in Earnings	-60,566	-91,744	-99,096	-33,290	-20,598	20,177
Net Income	101,154	133,986	112,311	65,852	23,676	-5,361
Net Income to Common	101,154	133,986	112,311	65,852	23,676	-5,361
Net Income Growth	-3.96%	19.30%	70.55%	178.14%	-	-
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	4659.64	6172.40	5173.88	3033.65	1090.70	-246.96
EPS (Diluted)	4659.64	6172.40	5173.88	3033.65	1090.70	-246.96
EPS Growth	-3.97%	19.30%	70.55%	178.14%	-	-
Free Cash Flow	-52,848	-91,014	-17,918	166,149	73,984	18,583
Free Cash Flow Per Share	-2434.44	-4192.78	-825.44	7654.06	3408.27	856.09
Dividend Per Share	200.000	200.000	150.000	100.000	100.000	50.000
Dividend Growth	33.33%	33.33%	50.00%	-	100.00%	-
Gross Margin	14.97%	15.87%	15.54%	15.43%	13.45%	12.06%
Operating Margin	4.42%	5.36%	6.32%	5.31%	3.36%	1.23%
Profit Margin	2.08%	2.98%	2.79%	2.02%	0.95%	-0.24%
Free Cash Flow Margin	-1.08%	-2.02%	-0.45%	5.11%	2.98%	0.83%
EBITDA	386,772	391,839	387,971	281,704	182,051	129,928
EBITDA Margin	7.94%	8.71%	9.65%	8.66%	7.34%	5.81%
D&A For EBITDA	171,323	150,940	133,932	109,117	98,620	102,511
EBIT	215,449	240,898	254,040	172,587	83,430	27,418
EBIT Margin	4.42%	5.36%	6.32%	5.31%	3.36%	1.23%
Effective Tax Rate	29.44%	24.11%	18.09%	37.01%	37.43%	-
Advertising Expenses	-	312.28	608.97	512.3	747.02	119.52

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