Kiwoom Securities 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	Jun '25 Jun 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
Interest and Dividend Income	1,961,820	1,893,029	1,873,031	1,307,053	882,850	749,977	Upgrade
Total Interest Expense	1,098,741	1,087,790	1,030,087	525,103	226,931	222,450	Upgrade
Net Interest Income	863,080	805,240	842,944	781,950	655,919	527,527	Upgrade
Brokerage Commission	1,008,396	929,400	854,133	865,767	1,105,676	809,686	Upgrade
Asset Management Fee	21,054	19,557	20,689	18,165	19,547	16,812	Upgrade
Underwriting & Investment Banking Fee	27,975	32,539	21,223	21,906	41,757	37,305	Upgrade
Gain on Sale of Investments (Rev)	1,577,239	1,318,738	1,551,302	604,107	1,010,928	1,153,387	Upgrade
Other Revenue	7,846,635	5,650,831	4,139,043	4,821,863	2,226,728	1,426,176	Upgrade
Revenue Before Loan Losses	11,344,378	8,756,305	7,429,333	7,113,757	5,060,555	3,970,894	Upgrade
Provision for Loan Losses	19,167	5,709	526,948	5,973	273.75	7,387	Upgrade
Revenue	11,325,211	8,750,596	6,902,386	7,107,784	5,060,281	3,963,507	Upgrade
Revenue Growth (YoY)	73.22%	26.78%	-2.89%	40.46%	27.67%	80.25%	Upgrade
Salaries & Employee Benefits	304,855	271,215	195,938	222,871	226,128	181,900	Upgrade
Cost of Services Provided	638,859	610,139	578,575	555,787	612,390	449,626	Upgrade
Other Operating Expenses	7,081,580	4,846,952	3,615,037	4,016,330	2,144,226	1,234,188	Upgrade
Total Operating Expenses	8,083,749	5,778,421	4,428,092	4,830,365	3,013,010	1,889,508	Upgrade
Operating Income	3,241,461	2,972,175	2,474,293	2,277,419	2,047,271	2,073,999	Upgrade
Currency Exchange Gains	112,033	-88,895	686.26	146,010	112,406	-17,148	Upgrade
Other Non-Operating Income (Expenses)	-334,506	-361,524	-756,938	-157,066	-267,539	-294,722	Upgrade
EBT Excluding Unusual Items	3,030,449	2,516,071	1,735,182	2,283,500	1,920,243	1,768,481	Upgrade
Gain (Loss) on Sale of Investments	-1,835,634	-1,420,299	-1,151,388	-1,603,552	-685,803	-784,582	Upgrade
Pretax Income	1,190,742	1,092,283	585,057	680,169	1,234,318	983,934	Upgrade
Income Tax Expense	287,100	257,399	144,320	171,998	324,146	277,777	Upgrade
Earnings From Continuing Ops.	903,642	834,883	440,737	508,170	910,173	706,157	Upgrade
Minority Interest in Earnings	-741.78	164.08	-4,456	-844.21	-6,458	-2,785	Upgrade
Net Income	902,900	835,047	436,281	507,326	903,715	703,371	Upgrade
Preferred Dividends & Other Adjustments	114,718	82,772	-	-	-	-	Upgrade
Net Income to Common	788,182	752,275	436,281	507,326	903,715	703,371	Upgrade
Net Income Growth	84.78%	91.40%	-14.00%	-43.86%	28.48%	93.88%	Upgrade
Shares Outstanding (Basic)	25	27	27	28	27	25	Upgrade
Shares Outstanding (Diluted)	29	30	29	31	30	28	Upgrade
Shares Change (YoY)	7.33%	2.40%	-6.56%	2.18%	10.01%	3.98%	Upgrade
EPS (Basic)	31287.54	27989.94	16226.60	18164.29	33429.68	28243.44	Upgrade
EPS (Diluted)	31161.66	27989.94	14889.00	16478.00	28546.00	27314.00	Upgrade
EPS Growth	70.06%	87.99%	-9.64%	-42.28%	4.51%	124.02%	Upgrade
Free Cash Flow	-7,066,041	-4,993,476	-2,157,158	-2,021,312	-3,544,000	-1,436,719	Upgrade
Free Cash Flow Per Share	-240570.98	-168159.42	-74390.00	-65132.87	-116686.86	-52040.21	Upgrade
Dividend Per Share	7500.000	7500.000	3000.000	3000.000	-	3000.000	Upgrade
Dividend Growth	150.00%	150.00%	-	-	-	50.00%	Upgrade
Operating Margin	28.62%	33.97%	35.85%	32.04%	40.46%	52.33%	Upgrade
Profit Margin	6.96%	8.60%	6.32%	7.14%	17.86%	17.75%	Upgrade
Free Cash Flow Margin	-62.39%	-57.06%	-31.25%	-28.44%	-70.04%	-36.25%	Upgrade
Effective Tax Rate	24.11%	23.57%	24.67%	25.29%	26.26%	28.23%	Upgrade

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