OceansBio co.,ltd. Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	125.65	16.89
Revenue Growth (YoY)	643.92%	-
Cost of Revenue	36.54	-
Gross Profit	89.11	16.89
Selling, General & Admin	1,047	706.38
Research & Development	785.72	204.67
Amortization of Goodwill & Intangibles	6.26	6.09
Other Operating Expenses	22.48	10.42
Operating Expenses	1,951	1,019
Operating Income	-1,862	-1,002
Interest Expense	-50.36	-26.66
Interest & Investment Income	0.86	0.3
Currency Exchange Gain (Loss)	-0.08	-0.25
Other Non Operating Income (Expenses)	898.27	474.83
Pretax Income	-1,013	-554.1
Net Income	-1,013	-554.1
Net Income to Common	-1,013	-554.1
Shares Outstanding (Basic)	1	1
Shares Outstanding (Diluted)	1	1
Shares Change (YoY)	-0.01%	-
EPS (Basic)	-686.00	-375.00
EPS (Diluted)	-686.00	-375.00
Free Cash Flow	-829.39	-613.46
Free Cash Flow Per Share	-561.38	-415.17
Gross Margin	70.92%	100.00%
Operating Margin	-1482.09%	-5934.56%
Profit Margin	-806.63%	-3280.74%
Free Cash Flow Margin	-660.10%	-3632.14%
EBITDA	-1,766	-903.8
D&A For EBITDA	96.37	98.52
EBIT	-1,862	-1,002
Advertising Expenses	5.52	-