HD-Hyundai Marine Engine 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
Operating Revenue	402,396	315,794	244,368	177,461	137,404
Other Revenue	-0	-	-0	-	-
Revenue	402,396	315,794	244,368	177,461	137,404
Revenue Growth (YoY)	27.42%	29.23%	37.70%	29.15%	-44.59%
Cost of Revenue	299,759	246,194	202,009	148,992	121,691
Gross Profit	102,637	69,600	42,359	28,468	15,713
Selling, General & Admin	27,982	31,749	22,660	17,338	21,868
Amortization of Goodwill & Intangibles	136.21	70.74	50.96	64.41	75.55
Operating Expenses	26,832	38,807	23,959	17,215	23,414
Operating Income	75,805	30,793	18,400	11,253	-7,701
Interest Expense	-127.69	-4,342	-5,748	-6,479	-9,206
Interest & Investment Income	7,493	6,748	1,523	875.4	976.99
Currency Exchange Gain (Loss)	106.9	5,191	-182.01	246.4	2,111
Other Non Operating Income (Expenses)	-766.08	-695.94	-2,695	3,363	6,285
EBT Excluding Unusual Items	82,511	37,694	11,297	9,259	-7,534
Gain (Loss) on Sale of Investments	-	144.1	-	-	-
Gain (Loss) on Sale of Assets	6,016	3,464	1,417	6,223	3,043
Asset Writedown	71,964	-13,600	5,648	-	2,366
Pretax Income	160,491	27,702	18,362	15,482	-2,125
Income Tax Expense	-4,610	-48,215	-16,642	562.46	2,685
Earnings From Continuing Operations	165,102	75,917	35,004	14,920	-4,811
Earnings From Discontinued Operations	-	-141.59	-3,363	-775.58	-3,018
Net Income	165,102	75,775	31,642	14,144	-7,828
Net Income to Common	165,102	75,775	31,642	14,144	-7,828
Net Income Growth	117.88%	139.48%	123.71%	-	-
Shares Outstanding (Basic)	34	31	29	28	28
Shares Outstanding (Diluted)	34	31	29	28	28
Shares Change (YoY)	10.10%	7.91%	0.64%	0.01%	0.10%
EPS (Basic)	4867.17	2459.36	1108.20	498.56	-275.98
EPS (Diluted)	4867.00	2459.36	1108.20	498.56	-276.39
EPS Growth	97.90%	121.92%	122.28%	-	-
Free Cash Flow	167,509	93,626	27,687	-29,939	10,695
Free Cash Flow Per Share	4938.15	3038.74	969.69	-1055.33	377.05
Gross Margin	25.51%	22.04%	17.33%	16.04%	11.43%
Operating Margin	18.84%	9.75%	7.53%	6.34%	-5.61%
Profit Margin	41.03%	24.00%	12.95%	7.97%	-5.70%
Free Cash Flow Margin	41.63%	29.65%	11.33%	-16.87%	7.78%
EBITDA	79,570	34,000	20,959	12,488	-6,974
EBITDA Margin	19.77%	10.77%	8.58%	7.04%	-5.08%
D&A For EBITDA	3,765	3,207	2,560	1,235	727.23
EBIT	75,805	30,793	18,400	11,253	-7,701
EBIT Margin	18.84%	9.75%	7.53%	6.34%	-5.61%
Effective Tax Rate	-	-	-	3.63%	-

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