KOREIT Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Interest and Dividend Income	53,751	74,483	63,686	57,065	68,775
Total Interest Expense	35,706	36,795	75,425	19,426	16,167
Net Interest Income	18,045	37,688	-11,739	37,639	52,608
Commissions and Fees	113,179	146,834	120,971	141,598	144,852
Gain (Loss) on Sale of Investments	12,587	12,917	84,057	13,484	11,483
Other Revenue	4,843	2,104	1,372	711.41	391.05
Revenue Before Loan Losses	148,654	199,543	194,661	193,432	209,334
Provision for Loan Losses	44,083	35,691	58,507	30,851	20,474
Revenue	104,571	163,851	136,154	162,580	188,860
Revenue Growth (YoY)	-36.18%	20.34%	-16.25%	-13.91%	6.51%
Salaries & Employee Benefits	60,005	52,089	54,220	53,736	50,710
Cost of Services Provided	19,730	20,885	20,294	19,413	19,229
Other Operating Expenses	22,956	18,454	7,552	11,575	9,540
Total Operating Expenses	112,970	101,095	92,700	94,588	89,402
Operating Income	-8,399	62,757	43,454	67,992	99,458
Earnings From Equity Investments	52,353	-60,192	-40,179	-21,341	92,311
Currency Exchange Gain (Loss)	-	-1.09	-	139.65	-
EBT Excluding Unusual Items	44,129	2,434	3,365	45,844	192,315
Gain (Loss) on Sale of Investments	-12,620	-28,828	-12,201	-14,607	-4,355
Pretax Income	31,563	-26,417	-9,545	31,237	187,960
Income Tax Expense	12,135	-7,557	-1,886	6,912	47,965
Earnings From Continuing Ops.	19,428	-18,860	-7,660	24,325	139,995
Minority Interest in Earnings	1,542	2,396	-785.31	-227.97	-654.14
Net Income	20,970	-16,464	-8,445	24,097	139,341
Net Income to Common	20,970	-16,464	-8,445	24,097	139,341
Net Income Growth	-	-	-	-82.71%	64.29%
Shares Outstanding (Basic)	216	217	220	228	228
Shares Outstanding (Diluted)	216	217	220	228	228
Shares Change (YoY)	-0.21%	-1.68%	-3.30%	-0.08%	-2.12%
EPS (Basic)	97.00	-76.00	-38.33	105.76	611.03
EPS (Diluted)	97.00	-76.00	-38.33	105.76	611.00
EPS Growth	-	-	-	-82.69%	67.86%
Free Cash Flow	-125,144	176,101	-346,678	59,366	268,565
Free Cash Flow Per Share	-578.87	812.89	-1573.46	260.55	1177.70
Operating Margin	-8.03%	38.30%	31.92%	41.82%	52.66%
Profit Margin	20.05%	-10.05%	-6.20%	14.82%	73.78%
Free Cash Flow Margin	-119.67%	107.48%	-254.62%	36.52%	142.20%
Effective Tax Rate	38.45%	-	-	22.13%	25.52%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.