GMB Korea 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	Jun '26 Jun 30, 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
Other Revenue	0	-	-	-0	-	-0
Revenue	823,685	787,272	726,708	690,906	610,506	531,332
Revenue Growth	11.17%	8.33%	5.18%	13.17%	14.90%	19.19%
Cost of Revenue	684,588	660,568	611,770	587,825	525,454	459,073
Gross Profit	139,097	126,704	114,938	103,081	85,052	72,259
Selling, General & Admin	81,657	78,127	69,069	63,631	58,383	49,330
Research & Development	23,892	19,407	17,632	14,495	10,376	9,115
Amortization of Goodwill & Intangibles	289.96	305.66	335.72	348.35	426.02	444.63
Other Operating Expenses	2,582	1,941	1,833	1,606	1,633	1,292
Operating Expenses	112,860	102,484	92,253	82,515	73,929	63,882
Operating Income	26,237	24,220	22,685	20,567	11,123	8,378
Interest Expense	-8,619	-8,559	-9,371	-9,385	-5,282	-3,271
Interest & Investment Income	1,189	1,286	1,182	687	764.52	505.12
Earnings From Equity Investments	1,067	1,152	232.02	-191.63	-1,308	907.92
Currency Exchange Gain (Loss)	7,566	2,819	3,818	-789.75	3,269	690.22
Other Non Operating Income (Expenses)	685.8	-9.13	3,282	3,379	6,034	5,169
EBT Excluding Unusual Items	28,125	20,909	21,826	14,266	14,600	12,379
Gain (Loss) on Sale of Investments	64.58	72.83	-3.19	106.76	139.39	131.6
Gain (Loss) on Sale of Assets	92.66	-176.98	-565.78	-559.02	-1,382	-76.49
Asset Writedown	-1,399	-1,399	-718	-405.85	-66.77	784.84
Pretax Income	26,883	19,406	20,539	13,408	13,290	13,219
Income Tax Expense	6,872	5,844	5,744	2,595	1,201	2,718
Earnings From Continuing Operations	20,011	13,562	14,795	10,813	12,090	10,501
Minority Interest in Earnings	1,356	974.19	571.43	711.44	-244.97	-746.84
Net Income	21,367	14,536	15,367	11,525	11,845	9,754
Net Income to Common	21,367	14,536	15,367	11,525	11,845	9,754
Net Income Growth	84.50%	-5.41%	33.34%	-2.70%	21.44%	-
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change	0.27%	0.04%	-0.04%	-	-	-
EPS (Basic)	1119.89	762.16	806.00	604.27	621.05	511.41
EPS (Diluted)	1119.89	762.16	806.00	604.27	621.05	511.41
EPS Growth	84.00%	-5.44%	33.38%	-2.70%	21.44%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	34,941	-24,446	-8,934	-12,218	13,633	-20,639
Free Cash Flow Per Share	1831.37	-1281.76	-468.62	-640.61	714.79	-1082.14
Dividend Per Share	-	-	-	150.000	80.000	-
Dividend Growth	-	-	-	87.50%	166.67%	-
Gross Margin	16.89%	16.09%	15.82%	14.92%	13.93%	13.60%
Operating Margin	3.19%	3.08%	3.12%	2.98%	1.82%	1.58%
Profit Margin	2.59%	1.85%	2.11%	1.67%	1.94%	1.84%
Free Cash Flow Margin	4.24%	-3.10%	-1.23%	-1.77%	2.23%	-3.88%
EBITDA	59,107	55,362	51,592	49,428	39,760	37,170
EBITDA Margin	7.18%	7.03%	7.10%	7.15%	6.51%	7.00%
D&A For EBITDA	32,870	31,142	28,907	28,861	28,637	28,793
EBIT	26,237	24,220	22,685	20,567	11,123	8,378
EBIT Margin	3.19%	3.08%	3.12%	2.98%	1.82%	1.58%
Effective Tax Rate	25.56%	30.11%	27.97%	19.35%	9.03%	20.56%
Advertising Expenses	-	757.04	557.68	563.24	346.15	332.04