PI Advanced Materials 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	263,421	251,295	217,639	276,440	301,869
Other Revenue	-	-	-0	-0	-0
Revenue	263,421	251,295	217,639	276,440	301,869
Revenue Growth (YoY)	4.83%	15.46%	-21.27%	-8.42%	15.31%
Cost of Revenue	191,186	187,418	192,438	196,997	197,876
Gross Profit	72,235	63,878	25,201	79,444	103,992
Selling, General & Admin	-	16,745	16,388	15,054	16,908
Research & Development	-	9,836	10,396	9,935	9,145
Amortization of Goodwill & Intangibles	-	911.5	910.86	997.47	1,208
Other Operating Expenses	29,196	85.78	89.97	82.28	65.39
Operating Expenses	29,196	28,946	29,139	27,309	28,134
Operating Income	43,039	34,932	-3,938	52,135	75,858
Interest Expense	-5,482	-5,055	-3,531	-704.21	-931.44
Interest & Investment Income	2,509	1,767	829.36	651.12	504.04
Currency Exchange Gain (Loss)	-	1,873	107.3	2,761	2,002
Other Non Operating Income (Expenses)	-490	-2,436	56.77	-320.44	6,964
EBT Excluding Unusual Items	39,576	31,081	-6,475	54,522	84,397
Gain (Loss) on Sale of Assets	-	-47.05	-172.15	-544.05	-1,083
Asset Writedown	-	-908.77	-	-	-
Pretax Income	39,576	30,125	-6,647	53,978	83,314
Income Tax Expense	9,191	6,748	-4,852	8,268	19,314
Net Income	30,385	23,377	-1,796	45,710	64,000
Net Income to Common	30,385	23,377	-1,796	45,710	64,000
Net Income Growth	29.98%	-	-	-28.58%	53.39%
Shares Outstanding (Basic)	-	29	29	29	29
Shares Outstanding (Diluted)	-	29	29	29	29
EPS (Basic)	-	796.05	-61.15	1556.56	2179.37
EPS (Diluted)	-	796.05	-61.15	1556.56	2179.37
EPS Growth	-	-	-	-28.58%	53.39%
Free Cash Flow	-	41,908	7,818	-90,356	55,857
Free Cash Flow Per Share	-	1427.09	266.24	-3076.85	1902.08
Gross Margin	27.42%	25.42%	11.58%	28.74%	34.45%
Operating Margin	16.34%	13.90%	-1.81%	18.86%	25.13%
Profit Margin	11.54%	9.30%	-0.83%	16.54%	21.20%
Free Cash Flow Margin	-	16.68%	3.59%	-32.68%	18.50%
EBITDA	-	67,326	25,345	77,951	99,560
EBITDA Margin	-	26.79%	11.64%	28.20%	32.98%
D&A For EBITDA	33,512	32,395	29,283	25,816	23,702
EBIT	43,039	34,932	-3,938	52,135	75,858
EBIT Margin	16.34%	13.90%	-1.81%	18.86%	25.13%
Effective Tax Rate	23.22%	22.40%	-	15.32%	23.18%
Advertising Expenses	-	102.03	110.97	85.2	36.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.