HDC Labs 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
Revenue	615,625	645,728	628,808	606,282	610,731	274,580
Revenue Growth	-8.47%	2.69%	3.72%	-0.73%	122.42%	5.44%
Cost of Revenue	550,357	587,759	573,410	552,672	556,874	248,028
Gross Profit	65,268	57,969	55,397	53,610	53,857	26,552
Selling, General & Admin	35,960	35,496	33,796	31,553	30,024	14,634
Research & Development	6,484	5,822	4,445	4,261	3,992	777
Amortization of Goodwill & Intangibles	2,541	2,454	2,973	2,463	2,179	364.16
Other Operating Expenses	1,426	1,355	1,298	1,211	1,618	789
Operating Expenses	48,441	47,392	48,996	43,096	41,549	16,885
Operating Income	16,827	10,577	6,402	10,513	12,308	9,667
Interest Expense	-2,149	-2,149	-267.76	-343.97	-396.76	-22.73
Interest & Investment Income	5,006	5,006	6,059	5,444	4,085	2,195
Earnings From Equity Investments	-	-	9,981	-282.75	-318.22	-874.57
Currency Exchange Gain (Loss)	77.13	77.13	-0.72	68.13	-31.47	-17.96
Other Non Operating Income (Expenses)	4,246	2,637	3,414	1,757	3,037	247.41
EBT Excluding Unusual Items	24,008	16,148	25,587	17,156	18,684	11,194
Gain (Loss) on Sale of Investments	1,034	1,034	424.52	168.92	85.92	297.57
Gain (Loss) on Sale of Assets	40.32	40.32	7.63	-0.27	-230.08	10.85
Asset Writedown	-	-	-1,327	-202.61	-2,041	135.66
Pretax Income	25,082	17,223	24,693	17,122	16,498	11,638
Income Tax Expense	5,946	4,960	5,717	3,959	4,067	2,547
Earnings From Continuing Operations	19,136	12,263	18,976	13,163	12,431	9,091
Minority Interest in Earnings	-13.5	-	-	-	-	-
Net Income	19,123	12,263	18,976	13,163	12,431	9,091
Net Income to Common	19,123	12,263	18,976	13,163	12,431	9,091
Net Income Growth	-9.83%	-35.38%	44.16%	5.89%	36.74%	-41.98%
Shares Outstanding (Basic)	23	23	23	23	23	15
Shares Outstanding (Diluted)	23	23	23	23	23	15
Shares Change	-0.40%	0.01%	-0.01%	-0.61%	50.69%	-0.91%
EPS (Basic)	834.01	533.77	826.00	572.95	537.79	592.67
EPS (Diluted)	834.01	533.77	826.00	572.95	537.79	592.67
EPS Growth	-9.47%	-35.38%	44.16%	6.54%	-9.26%	-41.44%

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	50,138	55,096	5,641	22,042	-32,181	22,344
Free Cash Flow Per Share	2186.70	2398.15	245.54	959.39	-1392.26	1456.71
Dividend Per Share	-	-	-	-	450.000	450.000
Dividend Growth	-	-	-	-	0%	12.50%
Gross Margin	10.60%	8.98%	8.81%	8.84%	8.82%	9.67%
Operating Margin	2.73%	1.64%	1.02%	1.73%	2.02%	3.52%
Profit Margin	3.11%	1.90%	3.02%	2.17%	2.04%	3.31%
Free Cash Flow Margin	8.14%	8.53%	0.90%	3.64%	-5.27%	8.14%
EBITDA	23,440	16,916	14,307	17,991	19,537	11,067
EBITDA Margin	3.81%	2.62%	2.27%	2.97%	3.20%	4.03%
D&A For EBITDA	6,613	6,339	7,905	7,478	7,228	1,400
EBIT	16,827	10,577	6,402	10,513	12,308	9,667
EBIT Margin	2.73%	1.64%	1.02%	1.73%	2.02%	3.52%
Effective Tax Rate	23.71%	28.80%	23.15%	23.12%	24.65%	21.89%
Advertising Expenses	-	1,890	2,155	2,351	1,800	1,532