BioNote 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	2020
Period Ending	Jun '25 Jun 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	2020
Operating Revenue	112,044	102,780	90,081	479,657	622,355	631,505	Upgrade
Other Revenue	-	-	0	-0	-0	-	Upgrade
Revenue	112,044	102,780	90,081	479,657	622,355	631,505	Upgrade
Revenue Growth (YoY)	17.84%	14.10%	-81.22%	-22.93%	-1.45%	1476.89%	Upgrade
Cost of Revenue	53,077	51,807	101,739	139,186	110,352	51,950	Upgrade
Gross Profit	58,968	50,973	-11,659	340,471	512,003	579,554	Upgrade
Selling, General & Admin	24,998	22,868	22,787	31,519	24,340	13,102	Upgrade
Research & Development	13,742	13,577	13,405	16,138	11,300	7,612	Upgrade
Other Operating Expenses	229.92	265.78	168.12	176.92	345.29	45.46	Upgrade
Operating Expenses	41,821	38,756	35,510	45,062	43,255	21,523	Upgrade
Operating Income	17,147	12,218	-47,168	295,410	468,748	558,031	Upgrade
Interest Expense	-282.34	-233.55	-602.82	-84.44	-44.25	-172.63	Upgrade
Interest & Investment Income	16,803	20,059	24,630	9,715	873.63	37.56	Upgrade
Earnings From Equity Investments	135,897	18,910	-	-147,264	-	-	Upgrade
Currency Exchange Gain (Loss)	-10,335	40,603	10,164	24,512	24,159	-5,726	Upgrade
Other Non Operating Income (Expenses)	1,307	1,096	420.84	-296.63	-123.11	-75.83	Upgrade
EBT Excluding Unusual Items	160,537	92,653	-12,556	181,992	493,612	552,094	Upgrade
Gain (Loss) on Sale of Investments	-22,619	-14,511	-88,791	219,374	376,239	143,115	Upgrade
Gain (Loss) on Sale of Assets	347.27	20.25	265.2	13,412	33.39	-11.45	Upgrade
Asset Writedown	-4,835	-4,835	-8,409	-	-	-	Upgrade
Pretax Income	133,430	73,327	-109,491	414,778	869,885	695,198	Upgrade
Income Tax Expense	13,275	18,065	-88,994	106,980	193,284	166,969	Upgrade
Net Income	120,155	55,261	-20,497	307,798	676,601	528,229	Upgrade
Net Income to Common	120,155	55,261	-20,497	307,798	676,601	528,229	Upgrade
Net Income Growth	47.16%	-	-	-54.51%	28.09%	2462.62%	Upgrade
Shares Outstanding (Basic)	102	102	102	94	94	94	Upgrade
Shares Outstanding (Diluted)	102	102	102	94	94	94	Upgrade
Shares Change (YoY)	-0.40%	-0.08%	8.16%	0.64%	0.14%	11.08%	Upgrade
EPS (Basic)	1183.20	542.36	-200.99	3277.21	7232.04	5646.12	Upgrade
EPS (Diluted)	1182.17	542.00	-201.00	3264.00	7222.00	5646.00	Upgrade
EPS Growth	47.80%	-	-	-54.81%	27.91%	2206.94%	Upgrade
Free Cash Flow	25,039	47,454	-8,156	206,834	485,966	213,228	Upgrade
Free Cash Flow Per Share	246.43	465.74	-79.98	2193.65	5186.94	2279.15	Upgrade
Dividend Per Share	200.000	200.000	-	-	-	-	Upgrade
Gross Margin	52.63%	49.59%	-12.94%	70.98%	82.27%	91.77%	Upgrade
Operating Margin	15.30%	11.89%	-52.36%	61.59%	75.32%	88.37%	Upgrade
Profit Margin	107.24%	53.77%	-22.75%	64.17%	108.72%	83.65%	Upgrade
Free Cash Flow Margin	22.35%	46.17%	-9.05%	43.12%	78.09%	33.77%	Upgrade
EBITDA	25,655	20,404	-38,962	301,861	472,854	559,918	Upgrade
EBITDA Margin	22.90%	19.85%	-43.25%	62.93%	75.98%	88.66%	Upgrade
D&A For EBITDA	8,509	8,186	8,206	6,451	4,106	1,887	Upgrade
EBIT	17,147	12,218	-47,168	295,410	468,748	558,031	Upgrade
EBIT Margin	15.30%	11.89%	-52.36%	61.59%	75.32%	88.37%	Upgrade
Effective Tax Rate	9.95%	24.64%	-	25.79%	22.22%	24.02%	Upgrade
Advertising Expenses	-	2,422	2,414	2,332	1,063	540.13	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.