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	2019
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	2019
Operating Revenue	115,095	102,780	90,081	479,657	622,355	631,505	Upgrade
Other Revenue	-	-	0	-0	-0	-	Upgrade
Revenue	115,095	102,780	90,081	479,657	622,355	631,505	Upgrade
Revenue Growth (YoY)	15.32%	14.10%	-81.22%	-22.93%	-1.45%	1476.89%	Upgrade
Cost of Revenue	51,112	51,807	101,739	139,186	110,352	51,950	Upgrade
Gross Profit	63,983	50,973	-11,659	340,471	512,003	579,554	Upgrade
Selling, General & Admin	26,254	22,868	22,787	31,519	24,340	13,102	Upgrade
Research & Development	15,693	13,577	13,405	16,138	11,300	7,612	Upgrade
Amortization of Goodwill & Intangibles	1,009	1,005	858.1	174.51	44.15	78.39	Upgrade
Other Operating Expenses	203.58	265.78	168.12	176.92	345.29	45.46	Upgrade
Operating Expenses	45,589	38,756	35,510	45,062	43,255	21,523	Upgrade
Operating Income	18,394	12,218	-47,168	295,410	468,748	558,031	Upgrade
Interest Expense	-300.03	-233.55	-602.82	-84.44	-44.25	-172.63	Upgrade
Interest & Investment Income	15,610	20,059	24,630	9,715	873.63	37.56	Upgrade
Earnings From Equity Investments	107,072	18,910	-	-147,264	-	-	Upgrade
Currency Exchange Gain (Loss)	17,582	40,603	10,164	24,512	24,159	-5,726	Upgrade
Other Non Operating Income (Expenses)	-1.51	1,096	420.84	-296.63	-123.11	-75.83	Upgrade
EBT Excluding Unusual Items	158,357	92,653	-12,556	181,992	493,612	552,094	Upgrade
Gain (Loss) on Sale of Investments	-18,676	-14,511	-88,791	219,374	376,239	143,115	Upgrade
Gain (Loss) on Sale of Assets	-1,448	20.25	265.2	13,412	33.39	-11.45	Upgrade
Asset Writedown	-4,835	-4,835	-8,409	-	-	-	Upgrade
Pretax Income	133,398	73,327	-109,491	414,778	869,885	695,198	Upgrade
Income Tax Expense	15,749	18,065	-88,994	106,980	193,284	166,969	Upgrade
Net Income	117,649	55,261	-20,497	307,798	676,601	528,229	Upgrade
Net Income to Common	117,649	55,261	-20,497	307,798	676,601	528,229	Upgrade
Net Income Growth	191.54%	-	-	-54.51%	28.09%	2462.62%	Upgrade
Shares Outstanding (Basic)	101	102	102	94	94	94	Upgrade
Shares Outstanding (Diluted)	101	102	102	94	94	94	Upgrade
Shares Change (YoY)	-0.78%	-0.08%	8.16%	0.64%	0.14%	11.08%	Upgrade
EPS (Basic)	1162.15	542.36	-200.99	3277.21	7232.04	5646.12	Upgrade
EPS (Diluted)	1160.96	542.00	-201.00	3264.00	7222.00	5646.00	Upgrade
EPS Growth	193.87%	-	-	-54.81%	27.91%	2206.94%	Upgrade
Free Cash Flow	20,661	47,454	-8,156	206,834	485,966	213,228	Upgrade
Free Cash Flow Per Share	203.95	465.74	-79.98	2193.65	5186.94	2279.15	Upgrade
Dividend Per Share	200.000	200.000	-	-	-	-	Upgrade
Gross Margin	55.59%	49.59%	-12.94%	70.98%	82.27%	91.77%	Upgrade
Operating Margin	15.98%	11.89%	-52.36%	61.59%	75.32%	88.37%	Upgrade
Profit Margin	102.22%	53.77%	-22.75%	64.17%	108.72%	83.65%	Upgrade
Free Cash Flow Margin	17.95%	46.17%	-9.05%	43.12%	78.09%	33.77%	Upgrade
EBITDA	27,238	20,404	-38,962	301,861	472,854	559,918	Upgrade
EBITDA Margin	23.67%	19.85%	-43.25%	62.93%	75.98%	88.66%	Upgrade
D&A For EBITDA	8,845	8,186	8,206	6,451	4,106	1,887	Upgrade
EBIT	18,394	12,218	-47,168	295,410	468,748	558,031	Upgrade
EBIT Margin	15.98%	11.89%	-52.36%	61.59%	75.32%	88.37%	Upgrade
Effective Tax Rate	11.81%	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.