Cosmax BTI 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	618,044	597,630	628,597	617,404	575,998	525,904
Other Revenue	0	-	-	-	-0	0
Revenue	618,044	597,630	628,597	617,404	575,998	525,904
Revenue Growth (YoY)	1.83%	-4.93%	1.81%	7.19%	9.53%	12.29%
Cost of Revenue	490,026	485,801	519,193	529,596	484,362	459,490
Gross Profit	128,017	111,829	109,404	87,808	91,636	66,414
Selling, General & Admin	86,965	80,728	77,094	72,111	67,937	52,455
Research & Development	7,839	5,330	5,678	4,307	4,211	2,922
Amortization of Goodwill & Intangibles	1,865	1,774	1,510	1,749	2,438	2,685
Other Operating Expenses	1,228	1,295	1,742	1,544	1,407	1,312
Operating Expenses	103,964	95,034	89,154	84,407	79,715	65,208
Operating Income	24,054	16,794	20,249	3,400	11,922	1,206
Interest Expense	-25,157	-25,080	-24,777	-17,698	-12,670	-12,537
Interest & Investment Income	1,416	1,856	1,979	1,360	817.92	596.86
Earnings From Equity Investments	11,926	21,401	13,678	4,301	20,426	4,573
Currency Exchange Gain (Loss)	-2,719	-274.89	782.47	-496.81	-823.99	3,166
Other Non Operating Income (Expenses)	2,110	3,653	1,367	3,569	3,377	-742.27
EBT Excluding Unusual Items	11,631	18,351	13,278	-5,565	23,049	-3,738
Gain (Loss) on Sale of Investments	3.49	-4.03	-923.45	-45	-959.91	-10.05
Gain (Loss) on Sale of Assets	2,536	2,415	-3,448	1,719	174.31	17.21
Asset Writedown	-3,811	-60.1	1,910	-4,143	-1,817	-3,876
Other Unusual Items	-	-2,142	-	53.3	-	-
Pretax Income	10,359	18,559	10,817	-7,981	20,446	-7,607
Income Tax Expense	6,208	10,512	8,330	12,255	16,103	9,567
Earnings From Continuing Operations	4,151	8,047	2,487	-20,236	4,343	-17,175
Net Income to Company	4,151	8,047	2,487	-20,236	4,343	-17,175
Minority Interest in Earnings	8,018	8,408	6,574	13,708	9,790	10,736
Net Income	12,169	16,455	9,061	-6,528	14,134	-6,438
Net Income to Common	12,169	16,455	9,061	-6,528	14,134	-6,438
Net Income Growth	14.20%	81.60%	-	-	-	-
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	11	12	10	10
Shares Change (YoY)	-2.53%	-9.32%	-13.16%	20.83%	5.11%	-0.04%
EPS (Basic)	1273.36	1722.17	948.36	-683.21	1479.21	-673.85
EPS (Diluted)	1273.19	1722.00	876.88	-683.21	1453.52	-674.00
EPS Growth	21.29%	96.38%	-	-	-	-
Free Cash Flow	-1,345	4,230	2,563	16,259	-9,222	28,666
Free Cash Flow Per Share	-140.74	442.66	243.24	1339.98	-918.33	3000.29
Dividend Per Share	450.000	450.000	-	-	-	-
Gross Margin	20.71%	18.71%	17.40%	14.22%	15.91%	12.63%
Operating Margin	3.89%	2.81%	3.22%	0.55%	2.07%	0.23%
Profit Margin	1.97%	2.75%	1.44%	-1.06%	2.45%	-1.22%
Free Cash Flow Margin	-0.22%	0.71%	0.41%	2.63%	-1.60%	5.45%
EBITDA	52,149	44,803	46,574	31,802	40,313	28,067
EBITDA Margin	8.44%	7.50%	7.41%	5.15%	7.00%	5.34%
D&A For EBITDA	28,095	28,009	26,325	28,402	28,392	26,861
EBIT	24,054	16,794	20,249	3,400	11,922	1,206
EBIT Margin	3.89%	2.81%	3.22%	0.55%	2.07%	0.23%
Effective Tax Rate	59.93%	56.64%	77.00%	-	78.76%	-
Advertising Expenses	-	1,543	2,232	4,068	5,901	996.81

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