SK Square 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	Mar '26 Mar 31, 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	1,365,925	1,411,521	1,649,858	2,276,508	2,370,553	4,224,204
Other Revenue	15,660,068	9,044,032	4,231,912	1,947	473,686	2,654,280
Revenue	17,025,993	10,455,553	5,881,770	2,278,455	2,844,239	6,878,484
Revenue Growth (YoY)	141.98%	77.76%	158.15%	-19.89%	-58.65%	-
Cost of Revenue	290,608	302,771	439,091	874,865	712,689	910,158
Gross Profit	16,735,385	10,152,782	5,442,679	1,403,590	2,131,550	5,968,326
Selling, General & Admin	1,095,518	1,122,815	1,232,830	1,537,516	1,848,518	3,010,260
Research & Development	36,182	37,778	45,747	52,703	53,973	57,462
Other Operating Expenses	3,719	3,959	4,670	4,818	6,090	7,908
Operating Expenses	1,214,457	1,244,310	1,396,867	1,690,036	2,010,873	3,453,738
Operating Income	15,520,928	8,908,472	4,045,812	-286,446	120,677	2,514,588
Interest Expense	-13,165	-15,466	-17,121	-8,266	-4,665	-73,224
Interest & Investment Income	55,940	64,433	76,570	58,932	28,118	19,080
Earnings From Equity Investments	1,275,973	629,655	-94,949	-2,088,650	-91,995	-25,536
Currency Exchange Gain (Loss)	1,330	-2,208	6,908	-802	-2,891	-4,056
Other Non Operating Income (Expenses)	-20,182	-16,482	-31,196	-3,398	1,123	18,360
EBT Excluding Unusual Items	16,820,824	9,568,404	3,986,024	-2,328,630	50,367	2,449,212
Gain (Loss) on Sale of Investments	-78,424	-76,692	-114,301	-243,428	1,234	-190,884
Gain (Loss) on Sale of Assets	79,751	81,329	3,173	-1,280	-714	-34,740
Asset Writedown	-67,403	-65,774	-21,494	-24,182	-10,091	-30,402
Pretax Income	16,754,748	9,507,267	3,853,402	-2,597,520	40,796	2,193,186
Income Tax Expense	1,153,747	673,991	184,406	-292,263	1,962	14,250
Earnings From Continuing Operations	15,601,001	8,833,276	3,668,996	-2,305,257	38,834	2,178,936
Earnings From Discontinued Operations	-19,817	-14,581	-18,481	990,423	217,273	-
Net Income to Company	15,581,184	8,818,695	3,650,515	-1,314,834	256,107	2,178,936
Minority Interest in Earnings	7,894	5,436	63,456	27,786	3,661	72,288
Net Income	15,589,078	8,824,131	3,713,971	-1,287,048	259,768	2,251,224
Net Income to Common	15,589,078	8,824,131	3,713,971	-1,287,048	259,768	2,251,224
Net Income Growth	212.71%	137.59%	-	-	-88.46%	-
Shares Outstanding (Basic)	132	132	134	139	141	141
Shares Outstanding (Diluted)	133	133	134	139	151	142
Shares Change (YoY)	-0.70%	-0.94%	-3.60%	-7.85%	6.57%	-
EPS (Basic)	118050.50	66712.70	27771.70	-9258.59	1837.00	15919.10
EPS (Diluted)	117591.28	66485.16	27631.08	-9259.00	1722.00	15906.00
EPS Growth	215.67%	140.62%	-	-	-89.17%	-
Free Cash Flow	382,342	364,057	150,951	28,495	20,440	307,530
Free Cash Flow Per Share	2883.85	2742.59	1126.48	204.98	135.50	2172.63
Dividend Per Share	-	-	-	-	-	1540.020
Gross Margin	98.29%	97.10%	92.53%	61.60%	74.94%	86.77%
Operating Margin	91.16%	85.20%	68.79%	-12.57%	4.24%	36.56%
Profit Margin	91.56%	84.40%	63.14%	-56.49%	9.13%	32.73%
Free Cash Flow Margin	2.25%	3.48%	2.57%	1.25%	0.72%	4.47%
EBITDA	15,598,430	8,991,310	4,149,441	-142,955	495,214	2,894,370
EBITDA Margin	91.62%	86.00%	70.55%	-6.27%	17.41%	42.08%
D&A For EBITDA	77,502	82,838	103,629	143,491	374,537	379,782
EBIT	15,520,928	8,908,472	4,045,812	-286,446	120,677	2,514,588
EBIT Margin	91.16%	85.20%	68.79%	-12.57%	4.24%	36.56%
Effective Tax Rate	6.89%	7.09%	4.79%	-	4.81%	0.65%
Advertising Expenses	-	136,707	132,668	168,357	242,726	-