Hojeon 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
Operating Revenue	501,461	520,878	463,973	441,549	480,000	344,868
Other Revenue	-0	-0	-	-	-	-
Revenue	501,461	520,878	463,973	441,549	480,000	344,868
Revenue Growth	-0.48%	12.26%	5.08%	-8.01%	39.18%	17.89%
Cost of Revenue	411,366	432,408	377,187	355,384	385,164	279,307
Gross Profit	90,095	88,469	86,786	86,164	94,836	65,561
Selling, General & Admin	60,891	57,414	51,175	44,360	47,144	40,522
Research & Development	86.55	108.77	110.7	42.29	540.39	1,142
Amortization of Goodwill & Intangibles	378.53	273.73	213.2	104.48	112.2	156.09
Other Operating Expenses	3,045	2,405	3,951	2,841	2,025	1,339
Operating Expenses	66,795	63,448	57,863	51,546	56,497	44,941
Operating Income	23,300	25,022	28,923	34,618	38,339	20,619
Interest Expense	-11,210	-11,246	-11,345	-12,854	-9,253	-6,611
Interest & Investment Income	1,569	1,773	1,840	1,829	729.37	249.25
Earnings From Equity Investments	-	-	55.48	-	-	-
Currency Exchange Gain (Loss)	12,246	586.79	13,677	164.97	9,209	5,134
Other Non Operating Income (Expenses)	1,202	833.22	1,021	868.52	-146.82	510.85
EBT Excluding Unusual Items	27,107	16,968	34,171	24,627	38,877	19,903
Gain (Loss) on Sale of Investments	-	-	-	-	-115.67	-9.33
Gain (Loss) on Sale of Assets	221.23	248.29	-25.19	-374.05	36.53	9.33
Asset Writedown	-9.5	-9.5	-5	-1,213	2.5	11.5
Pretax Income	27,319	17,207	34,141	23,039	38,801	19,914
Income Tax Expense	8,559	5,911	10,973	5,848	12,034	8,131
Earnings From Continuing Operations	18,759	11,296	23,168	17,191	26,767	11,783
Minority Interest in Earnings	1,002	1,187	340.43	51.93	215.15	-8.96
Net Income	19,761	12,483	23,508	17,243	26,982	11,774
Net Income to Common	19,761	12,483	23,508	17,243	26,982	11,774
Net Income Growth	25.69%	-46.90%	36.33%	-36.09%	129.16%	-
Shares Outstanding (Basic)	9	9	9	9	9	8
Shares Outstanding (Diluted)	9	9	10	12	13	11
Shares Change	1.17%	-7.38%	-14.62%	-7.73%	13.76%	50.50%
EPS (Basic)	2284.89	1416.26	2560.26	1863.64	2931.66	1516.91
EPS (Diluted)	2090.73	1331.84	2324.13	1586.48	2243.28	1230.83
EPS Growth	24.21%	-42.70%	46.50%	-29.28%	82.26%	-

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	-8,127	8,606	-22,443	9,977	19,405	9,544
Free Cash Flow Per Share	-859.87	918.15	-2217.69	841.79	1510.56	845.17
Dividend Per Share	400.000	400.000	400.000	300.000	300.000	250.000
Dividend Growth	0%	0%	33.33%	0%	20.00%	25.00%
Gross Margin	17.97%	16.98%	18.70%	19.51%	19.76%	19.01%
Operating Margin	4.65%	4.80%	6.23%	7.84%	7.99%	5.98%
Profit Margin	3.94%	2.40%	5.07%	3.91%	5.62%	3.41%
Free Cash Flow Margin	-1.62%	1.65%	-4.84%	2.26%	4.04%	2.77%
EBITDA	33,834	35,202	38,031	42,714	45,851	26,966
EBITDA Margin	6.75%	6.76%	8.20%	9.67%	9.55%	7.82%
D&A For EBITDA	10,534	10,180	9,109	8,095	7,512	6,346
EBIT	23,300	25,022	28,923	34,618	38,339	20,619
EBIT Margin	4.65%	4.80%	6.23%	7.84%	7.99%	5.98%
Effective Tax Rate	31.33%	34.35%	32.14%	25.38%	31.01%	40.83%
Advertising Expenses	-	295.6	1.42	30.7	26.86	15.13