Cosmax 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	2,355,754	2,166,090	1,777,494	1,600,126	1,591,488	1,382,881
Other Revenue	-	-0	-0	-	-	-0
Revenue	2,355,754	2,166,090	1,777,494	1,600,126	1,591,488	1,382,881
Revenue Growth (YoY)	15.21%	21.86%	11.09%	0.54%	15.09%	3.92%
Cost of Revenue	1,933,419	1,748,627	1,484,492	1,395,643	1,315,918	1,174,540
Gross Profit	422,335	417,463	293,002	204,482	275,570	208,341
Selling, General & Admin	210,961	208,427	144,625	129,156	123,820	117,856
Research & Development	1,927	1,471	43.7	-	-	-
Amortization of Goodwill & Intangibles	5,050	4,945	3,544	3,718	2,961	1,984
Other Operating Expenses	1,131	1,342	1,440	3,790	3,729	3,214
Operating Expenses	233,573	248,074	178,258	152,523	155,640	143,813
Operating Income	188,762	169,388	114,744	51,959	119,929	64,527
Interest Expense	-46,018	-45,349	-32,115	-20,970	-17,507	-20,045
Interest & Investment Income	6,410	7,124	6,552	2,482	3,966	1,341
Earnings From Equity Investments	-21.4	-15.97	-1,872	14.21	-37.3	-125.85
Currency Exchange Gain (Loss)	-5,220	15,740	-1,084	-916.82	4,320	-2,827
Other Non Operating Income (Expenses)	-20,760	-6,497	-3,909	237.25	-13,825	1,955
EBT Excluding Unusual Items	123,153	140,390	82,315	32,806	96,845	44,826
Gain (Loss) on Sale of Investments	735.01	2,181	712.42	1,620	-44.35	-4.58
Gain (Loss) on Sale of Assets	-2,751	-4,537	1,364	-451.61	-2,801	-173.11
Asset Writedown	-70.49	-403.19	-169.99	-27,805	-15,730	-44,535
Pretax Income	121,066	137,631	84,221	6,170	78,270	113.35
Income Tax Expense	65,050	49,213	46,421	22,617	43,934	29,167
Earnings From Continuing Operations	56,016	88,417	37,800	-16,447	34,336	-29,053
Minority Interest in Earnings	-6,138	-2,621	19,337	37,295	40,099	50,432
Net Income	49,878	85,797	57,137	20,848	74,436	21,378
Net Income to Common	49,878	85,797	57,137	20,848	74,436	21,378
Net Income Growth	-36.61%	50.16%	174.07%	-71.99%	248.18%	-32.82%
Shares Outstanding (Basic)	11	11	11	11	11	10
Shares Outstanding (Diluted)	11	11	11	11	11	10
Shares Change (YoY)	-	-	-	5.85%	6.71%	-0.01%
EPS (Basic)	4396.25	7562.08	5036.04	1837.50	6944.38	2128.19
EPS (Diluted)	4396.25	7562.08	5036.04	1837.50	6944.38	2128.19
EPS Growth	-36.61%	50.16%	174.07%	-73.54%	226.30%	-32.82%
Free Cash Flow	-54,031	-91,950	144,737	18,366	59,293	-17,499
Free Cash Flow Per Share	-4762.30	-8104.43	12757.07	1618.74	5531.71	-1742.05
Dividend Per Share	2300.000	2300.000	500.000	-	550.000	-
Dividend Growth	360.00%	360.00%	-	-	-	-
Gross Margin	17.93%	19.27%	16.48%	12.78%	17.32%	15.07%
Operating Margin	8.01%	7.82%	6.46%	3.25%	7.54%	4.67%
Profit Margin	2.12%	3.96%	3.21%	1.30%	4.68%	1.55%
Free Cash Flow Margin	-2.29%	-4.25%	8.14%	1.15%	3.73%	-1.26%
EBITDA	261,342	238,195	174,177	110,768	171,731	110,347
EBITDA Margin	11.09%	11.00%	9.80%	6.92%	10.79%	7.98%
D&A For EBITDA	72,580	68,807	59,434	58,809	51,802	45,820
EBIT	188,762	169,388	114,744	51,959	119,929	64,527
EBIT Margin	8.01%	7.82%	6.46%	3.25%	7.54%	4.67%
Effective Tax Rate	53.73%	35.76%	55.12%	366.57%	56.13%	25732.66%
Advertising Expenses	-	4,204	3,247	2,047	1,389	3,340

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.