Cosmax 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	2,663,538	2,398,758	2,166,090	1,777,494	1,600,126	1,591,488
Other Revenue	0	-	-0	-0	-	-
Revenue	2,663,538	2,398,758	2,166,090	1,777,494	1,600,126	1,591,488
Revenue Growth	15.81%	10.74%	21.86%	11.09%	0.54%	15.09%
Cost of Revenue	2,215,415	1,990,460	1,748,627	1,484,492	1,395,643	1,315,918
Gross Profit	448,123	408,298	417,463	293,002	204,482	275,570
Selling, General & Admin	215,176	197,261	208,427	144,625	129,156	123,820
Research & Development	2,355	2,338	1,471	43.7	-	-
Amortization of Goodwill & Intangibles	3,691	4,252	4,945	3,544	3,718	2,961
Other Operating Expenses	867.72	865.24	1,342	1,440	3,790	3,729
Operating Expenses	238,311	212,561	248,074	178,258	152,523	155,640
Operating Income	209,812	195,737	169,388	114,744	51,959	119,929
Interest Expense	-49,473	-46,718	-45,349	-32,115	-20,970	-17,507
Interest & Investment Income	6,002	6,266	7,124	6,552	2,482	3,966
Earnings From Equity Investments	-176.42	-21.41	-15.97	-1,872	14.21	-37.3
Currency Exchange Gain (Loss)	17,905	-7,407	15,740	-1,084	-916.82	4,320
Other Non Operating Income (Expenses)	39,590	8,500	-6,497	-3,909	237.25	-13,825
EBT Excluding Unusual Items	223,659	156,357	140,390	82,315	32,806	96,845
Gain (Loss) on Sale of Investments	2,338	653.28	2,181	712.42	1,620	-44.35
Gain (Loss) on Sale of Assets	-935.38	-492.27	-4,537	1,364	-451.61	-2,801
Asset Writedown	8.07	-1.86	-403.19	-169.99	-27,805	-15,730
Pretax Income	225,070	156,516	137,631	84,221	6,170	78,270
Income Tax Expense	32,645	25,440	49,213	46,421	22,617	43,934
Earnings From Continuing Operations	192,424	131,076	88,417	37,800	-16,447	34,336
Minority Interest in Earnings	-8,150	-8,012	-2,621	19,337	37,295	40,099
Net Income	184,274	123,064	85,797	57,137	20,848	74,436
Net Income to Common	184,274	123,064	85,797	57,137	20,848	74,436
Net Income Growth	197.32%	43.44%	50.16%	174.07%	-71.99%	248.18%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change	-0.01%	-	-	-	5.85%	6.71%
EPS (Basic)	16242.10	10846.80	7562.08	5036.04	1837.50	6944.38
EPS (Diluted)	16242.10	10846.80	7562.08	5036.04	1837.50	6944.38
EPS Growth	197.33%	43.44%	50.16%	174.07%	-73.54%	226.30%

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	-70,616	-100,258	-91,950	144,737	18,366	59,293
Free Cash Flow Per Share	-6224.21	-8836.69	-8104.43	12757.07	1618.74	5531.71
Dividend Per Share	3300.000	3300.000	2300.000	500.000	-	550.000
Dividend Growth	43.48%	43.48%	360.00%	-	-	-
Gross Margin	16.82%	17.02%	19.27%	16.48%	12.78%	17.32%
Operating Margin	7.88%	8.16%	7.82%	6.46%	3.25%	7.54%
Profit Margin	6.92%	5.13%	3.96%	3.21%	1.30%	4.68%
Free Cash Flow Margin	-2.65%	-4.18%	-4.25%	8.14%	1.15%	3.73%
EBITDA	288,766	269,888	238,195	174,177	110,768	171,731
EBITDA Margin	10.84%	11.25%	11.00%	9.80%	6.92%	10.79%
D&A For EBITDA	78,955	74,151	68,807	59,434	58,809	51,802
EBIT	209,812	195,737	169,388	114,744	51,959	119,929
EBIT Margin	7.88%	8.16%	7.82%	6.46%	3.25%	7.54%
Effective Tax Rate	14.51%	16.25%	35.76%	55.12%	366.57%	56.13%
Advertising Expenses	-	6,490	4,204	3,247	2,047	1,389