NC Corporation 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	Mar '26 Mar 31, 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
Operating Revenue	1,704,031	1,506,925	1,578,123	1,779,833	2,571,792	2,308,817
Other Revenue	-	-	-	-	-	0
Revenue	1,704,031	1,506,925	1,578,123	1,779,833	2,571,792	2,308,817
Revenue Growth	10.62%	-4.51%	-11.33%	-30.79%	11.39%	-4.44%
Cost of Revenue	11,785	12,137	10,137	11,650	20,621	13,808
Gross Profit	1,692,246	1,494,789	1,567,986	1,768,183	2,551,171	2,295,009
Selling, General & Admin	1,468,369	1,376,191	1,556,738	1,500,178	1,878,835	1,399,344
Research & Development	-	-	-	-	-	428,815
Amortization of Goodwill & Intangibles	5,958	4,677	3,308	1,751	1,941	1,249
Other Operating Expenses	5,650	5,899	10,791	18,314	9,653	7,176
Operating Expenses	1,568,294	1,486,665	1,677,335	1,631,000	1,992,165	1,923,377
Operating Income	123,952	8,123	-109,350	137,184	559,006	371,632
Interest Expense	-5,138	-4,444	-10,271	-14,642	-9,474	-13,172
Interest & Investment Income	73,121	68,705	84,844	87,240	51,796	48,536
Earnings From Equity Investments	-26,836	-23,301	4,551	-248.34	-8,135	-
Currency Exchange Gain (Loss)	18,320	-8,325	49,896	-9,149	92,247	11,345
Other Non Operating Income (Expenses)	-1,896	-2,580	10,794	15,028	-1,892	-1,691
EBT Excluding Unusual Items	181,523	38,178	30,463	215,413	683,548	416,650
Gain (Loss) on Sale of Investments	34,491	5,254	41,948	11,737	-74,130	84,695
Gain (Loss) on Sale of Assets	401,515	418,059	48,497	349.86	-367.59	-4,878
Asset Writedown	-132.02	-132.02	-	-21,272	-	-5,140
Pretax Income	617,397	461,358	120,908	206,228	609,051	491,328
Income Tax Expense	155,054	113,936	26,792	-7,686	173,061	95,593
Earnings From Continuing Operations	462,343	347,422	94,116	213,914	435,990	395,735
Minority Interest in Earnings	-4,652	-751.15	99.55	-1,775	-275.74	1,158
Net Income	457,691	346,670	94,215	212,139	435,715	396,893
Net Income to Common	457,691	346,670	94,215	212,139	435,715	396,893
Net Income Growth	511.89%	267.95%	-55.59%	-51.31%	9.78%	-32.43%
Shares Outstanding (Basic)	19	19	20	20	20	21
Shares Outstanding (Diluted)	19	19	20	20	20	21
Shares Change	-1.56%	-2.69%	-1.86%	-	-1.16%	-0.30%
EPS (Basic)	23601.19	17875.93	4727.53	10446.37	21455.91	19317.65
EPS (Diluted)	23601.19	17875.93	4727.53	10446.37	21455.91	19317.65
EPS Growth	521.61%	278.12%	-54.74%	-51.31%	11.07%	-32.23%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	243,435	58,507	22,854	22,365	485,791	104,526
Free Cash Flow Per Share	12552.91	3016.91	1146.77	1101.32	23921.85	5087.51
Dividend Per Share	1150.000	1150.000	1460.000	3130.000	6680.000	5860.000
Dividend Growth	-21.23%	-21.23%	-53.35%	-53.14%	13.99%	-31.46%
Gross Margin	99.31%	99.19%	99.36%	99.34%	99.20%	99.40%
Operating Margin	7.27%	0.54%	-6.93%	7.71%	21.74%	16.10%
Profit Margin	26.86%	23.00%	5.97%	11.92%	16.94%	17.19%
Free Cash Flow Margin	14.29%	3.88%	1.45%	1.26%	18.89%	4.53%
EBITDA	217,569	103,710	-172.66	249,067	664,936	465,346
EBITDA Margin	12.77%	6.88%	-0.01%	13.99%	25.86%	20.16%
D&A For EBITDA	93,617	95,587	109,177	111,883	105,929	93,714
EBIT	123,952	8,123	-109,350	137,184	559,006	371,632
EBIT Margin	7.27%	0.54%	-6.93%	7.71%	21.74%	16.10%
Effective Tax Rate	25.11%	24.70%	22.16%	-	28.42%	19.46%
Advertising Expenses	-	105,662	128,260	85,433	190,887	271,453