Hanexpress. 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	643,428	712,300	668,411	858,132	776,252	615,259
Other Revenue	-	-	-0	-	-	-
Revenue	643,428	712,300	668,411	858,132	776,252	615,259
Revenue Growth (YoY)	-8.65%	6.57%	-22.11%	10.55%	26.17%	6.57%
Cost of Revenue	631,273	693,162	646,301	826,896	750,036	595,423
Gross Profit	12,155	19,138	22,110	31,236	26,215	19,836
Selling, General & Admin	13,895	14,245	11,568	9,203	9,099	8,084
Amortization of Goodwill & Intangibles	0.36	0.43	0.53	0.55	0.51	1.36
Other Operating Expenses	517.1	459.89	334.67	320.67	316.73	264.16
Operating Expenses	16,441	16,268	13,385	11,373	20,502	9,176
Operating Income	-4,286	2,871	8,725	19,863	5,713	10,660
Interest Expense	-16,759	-17,544	-14,811	-8,788	-2,833	-2,863
Interest & Investment Income	2,086	1,270	1,057	395.97	281.7	66.29
Earnings From Equity Investments	-298.98	322.72	408.16	763.94	1,307	516.78
Currency Exchange Gain (Loss)	419.44	874.52	91.09	919.51	328.71	-270.89
Other Non Operating Income (Expenses)	-843.85	-78	-12,906	-1,479	-1,326	-8,706
EBT Excluding Unusual Items	-19,682	-12,285	-17,436	11,676	3,472	-596.85
Gain (Loss) on Sale of Investments	223.09	145.96	-517.93	-726.09	1,168	-488.67
Gain (Loss) on Sale of Assets	35,638	35,281	117.12	321.89	184.75	434.36
Asset Writedown	-595.55	-595.55	-	-96.82	-	-
Pretax Income	15,584	22,546	-17,837	11,175	4,825	-651.16
Income Tax Expense	5,253	5,388	-2,233	2,617	909.68	1,255
Earnings From Continuing Operations	10,331	17,158	-15,604	8,558	3,915	-1,906
Earnings From Discontinued Operations	-	-	-	-14.56	-	0.48
Net Income to Company	10,331	17,158	-15,604	8,543	3,915	-1,906
Minority Interest in Earnings	713.82	-409.23	-691.68	-1,585	-1,038	-93.8
Net Income	11,045	16,749	-16,295	6,959	2,877	-2,000
Net Income to Common	11,045	16,749	-16,295	6,959	2,877	-2,000
Net Income Growth	-	-	-	141.84%	-	-
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.19%	-	-1.51%	-0.16%	-	-
EPS (Basic)	935.10	1419.39	-1380.96	580.81	239.78	-166.64
EPS (Diluted)	935.10	1419.39	-1380.96	580.81	239.78	-166.96
EPS Growth	-	-	-	142.22%	-	-
Free Cash Flow	-1,042	-2,106	17,315	-1,380	6,294	-9,131
Free Cash Flow Per Share	-88.20	-178.46	1467.41	-115.21	524.53	-760.91
Dividend Per Share	100.000	100.000	-	130.000	-	-
Gross Margin	1.89%	2.69%	3.31%	3.64%	3.38%	3.22%
Operating Margin	-0.67%	0.40%	1.31%	2.31%	0.74%	1.73%
Profit Margin	1.72%	2.35%	-2.44%	0.81%	0.37%	-0.33%
Free Cash Flow Margin	-0.16%	-0.30%	2.59%	-0.16%	0.81%	-1.48%
EBITDA	26,210	31,474	34,815	44,338	26,681	31,408
EBITDA Margin	4.07%	4.42%	5.21%	5.17%	3.44%	5.10%
D&A For EBITDA	30,496	28,604	26,090	24,475	20,968	20,748
EBIT	-4,286	2,871	8,725	19,863	5,713	10,660
EBIT Margin	-0.67%	0.40%	1.31%	2.31%	0.74%	1.73%
Effective Tax Rate	33.71%	23.90%	-	23.42%	18.85%	-
Advertising Expenses	-	43.82	17.11	43.68	31.43	77.61

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