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	2015 - 2019
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	2015 - 2019
Operating Revenue	4,870,102	4,498,780	4,020,725	3,251,549	2,479,315	2,237,269	Upgrade
Revenue	4,870,102	4,498,780	4,020,725	3,251,549	2,479,315	2,237,269	Upgrade
Revenue Growth (YoY)	11.06%	11.89%	23.66%	31.15%	10.82%	1.57%	Upgrade
Cost of Revenue	4,140,961	3,784,732	3,395,932	2,749,749	2,145,763	1,967,410	Upgrade
Gross Profit	729,141	714,048	624,793	501,799	333,553	269,858	Upgrade
Selling, General & Admin	458,557	408,384	323,310	274,629	210,351	176,726	Upgrade
Research & Development	11,574	10,695	8,382	7,247	7,250	6,355	Upgrade
Amortization of Goodwill & Intangibles	20,950	21,246	16,328	4,502	4,561	3,788	Upgrade
Other Operating Expenses	13,192	12,251	8,251	7,346	6,468	6,312	Upgrade
Operating Expenses	513,691	473,150	370,753	329,213	250,122	242,440	Upgrade
Operating Income	215,449	240,898	254,040	172,587	83,430	27,418	Upgrade
Interest Expense	-31,654	-32,914	-34,919	-22,941	-19,561	-22,727	Upgrade
Interest & Investment Income	12,961	14,668	11,929	8,149	5,485	4,677	Upgrade
Earnings From Equity Investments	-1,763	-854.81	-3,224	16,731	-1,102	19,980	Upgrade
Currency Exchange Gain (Loss)	18,619	47,232	12,139	4,838	13,399	-27,358	Upgrade
Other Non Operating Income (Expenses)	10,256	14,915	7,054	5,186	6,707	3,461	Upgrade
EBT Excluding Unusual Items	223,868	283,945	247,018	184,550	88,360	5,451	Upgrade
Gain (Loss) on Sale of Investments	2,812	3,374	12,677	-2,060	-5,129	-8,129	Upgrade
Gain (Loss) on Sale of Assets	908.12	8,515	-1,477	-1,430	6,094	-3,025	Upgrade
Asset Writedown	1,607	1,607	-112.99	-23,670	-18,570	-9,257	Upgrade
Pretax Income	229,196	297,441	258,105	157,391	70,755	-14,960	Upgrade
Income Tax Expense	67,476	71,711	46,698	58,249	26,480	10,578	Upgrade
Earnings From Continuing Operations	161,719	225,730	211,407	99,142	44,275	-25,538	Upgrade
Net Income to Company	161,719	225,730	211,407	99,142	44,275	-25,538	Upgrade
Minority Interest in Earnings	-60,566	-91,744	-99,096	-33,290	-20,598	20,177	Upgrade
Net Income	101,154	133,986	112,311	65,852	23,676	-5,361	Upgrade
Net Income to Common	101,154	133,986	112,311	65,852	23,676	-5,361	Upgrade
Net Income Growth	-3.96%	19.30%	70.55%	178.14%	-	-	Upgrade
Shares Outstanding (Basic)	22	22	22	22	22	22	Upgrade
Shares Outstanding (Diluted)	22	22	22	22	22	22	Upgrade
Shares Change (YoY)	0.02%	-	-	-	-	-	Upgrade
EPS (Basic)	4659.40	6172.40	5173.88	3033.65	1090.70	-246.96	Upgrade
EPS (Diluted)	4659.40	6172.40	5173.88	3033.65	1090.70	-246.96	Upgrade
EPS Growth	-3.97%	19.30%	70.55%	178.14%	-	-	Upgrade
Free Cash Flow	-52,848	-91,014	-17,918	166,149	73,984	18,583	Upgrade
Free Cash Flow Per Share	-2434.31	-4192.78	-825.44	7654.06	3408.27	856.09	Upgrade
Dividend Per Share	200.000	200.000	150.000	100.000	100.000	50.000	Upgrade
Dividend Growth	33.33%	33.33%	50.00%	-	100.00%	-	Upgrade
Gross Margin	14.97%	15.87%	15.54%	15.43%	13.45%	12.06%	Upgrade
Operating Margin	4.42%	5.36%	6.32%	5.31%	3.36%	1.23%	Upgrade
Profit Margin	2.08%	2.98%	2.79%	2.02%	0.95%	-0.24%	Upgrade
Free Cash Flow Margin	-1.08%	-2.02%	-0.45%	5.11%	2.98%	0.83%	Upgrade
EBITDA	386,772	391,839	387,971	281,704	182,051	129,928	Upgrade
EBITDA Margin	7.94%	8.71%	9.65%	8.66%	7.34%	5.81%	Upgrade
D&A For EBITDA	171,323	150,940	133,932	109,117	98,620	102,511	Upgrade
EBIT	215,449	240,898	254,040	172,587	83,430	27,418	Upgrade
EBIT Margin	4.42%	5.36%	6.32%	5.31%	3.36%	1.23%	Upgrade
Effective Tax Rate	29.44%	24.11%	18.09%	37.01%	37.43%	-	Upgrade
Advertising Expenses	-	312.28	608.97	512.3	747.02	119.52	Upgrade

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