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	-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	191,252	188,523	192,438	196,997	197,876
Gross Profit	72,169	62,772	25,201	79,444	103,992
Selling, General & Admin	17,188	16,745	16,388	15,054	16,908
Research & Development	9,290	9,836	10,396	9,935	9,145
Amortization of Goodwill & Intangibles	864.29	911.5	910.86	997.47	1,208
Other Operating Expenses	99.1	85.78	89.97	82.28	65.39
Operating Expenses	29,130	28,946	29,139	27,309	28,134
Operating Income	43,039	33,826	-3,938	52,135	75,858
Interest Expense	-4,381	-5,055	-3,531	-704.21	-931.44
Interest & Investment Income	1,455	1,767	829.36	651.12	504.04
Currency Exchange Gain (Loss)	-592.87	1,873	107.3	2,761	2,002
Other Non Operating Income (Expenses)	68.94	-2,436	56.77	-320.44	6,964
EBT Excluding Unusual Items	39,589	29,975	-6,475	54,522	84,397
Gain (Loss) on Sale of Assets	-13.35	-47.05	-172.15	-544.05	-1,083
Asset Writedown	-	-908.77	-	-	-
Pretax Income	39,576	29,019	-6,647	53,978	83,314
Income Tax Expense	9,190	6,748	-4,852	8,268	19,314
Net Income	30,385	22,272	-1,796	45,710	64,000
Net Income to Common	30,385	22,272	-1,796	45,710	64,000
Net Income Growth	36.43%	-	-	-28.58%	53.39%
Shares Outstanding (Basic)	-	29	29	29	29
Shares Outstanding (Diluted)	-	29	29	29	29
EPS (Basic)	-	758.41	-61.15	1556.56	2179.37
EPS (Diluted)	-	758.41	-61.15	1556.56	2179.37
EPS Growth	-	-	-	-28.58%	53.39%
Free Cash Flow	74,338	41,908	7,818	-90,356	55,857
Free Cash Flow Per Share	-	1427.09	266.24	-3076.85	1902.08
Gross Margin	27.40%	24.98%	11.58%	28.74%	34.45%
Operating Margin	16.34%	13.46%	-1.81%	18.86%	25.13%
Profit Margin	11.54%	8.86%	-0.83%	16.54%	21.20%
Free Cash Flow Margin	28.22%	16.68%	3.59%	-32.68%	18.50%
EBITDA	76,749	66,221	25,345	77,951	99,560
EBITDA Margin	29.14%	26.35%	11.64%	28.20%	32.98%
D&A For EBITDA	33,710	32,395	29,283	25,816	23,702
EBIT	43,039	33,826	-3,938	52,135	75,858
EBIT Margin	16.34%	13.46%	-1.81%	18.86%	25.13%
Effective Tax Rate	23.22%	23.25%	-	15.32%	23.18%
Advertising Expenses	82.01	102.03	110.97	85.2	36.39

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