Wavus Co.,Ltd 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
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
Operating Revenue	70,683	56,365	48,756	40,547	37,935
Other Revenue	-	-0	-	-0	-0
Revenue	70,683	56,365	48,756	40,547	37,935
Revenue Growth (YoY)	41.89%	15.61%	20.25%	6.88%	-
Cost of Revenue	53,830	41,747	35,667	31,611	28,520
Gross Profit	16,853	14,618	13,089	8,935	9,415
Selling, General & Admin	15,441	12,086	7,130	5,812	3,249
Research & Development	369.85	629.85	520.32	357.8	474.44
Amortization of Goodwill & Intangibles	73.52	41.74	12	0.44	0.77
Other Operating Expenses	97.59	63.98	136.78	131.44	86.5
Operating Expenses	17,120	13,695	8,031	7,162	4,343
Operating Income	-266.56	923.75	5,058	1,773	5,073
Interest Expense	-58.49	-42.55	-30.01	-46.73	-23.22
Interest & Investment Income	1,234	1,288	815.05	269.98	45.52
Earnings From Equity Investments	-253.01	30.95	985.86	62.75	34.52
Currency Exchange Gain (Loss)	171.32	318.43	34.01	13.88	94.15
Other Non Operating Income (Expenses)	521.16	228.17	126.35	-10,350	167.32
EBT Excluding Unusual Items	1,348	2,747	6,989	-8,277	5,391
Gain (Loss) on Sale of Investments	92.06	485.86	774.72	40.59	-6.84
Gain (Loss) on Sale of Assets	-	4.09	-	0.27	-0.09
Pretax Income	1,440	3,237	7,764	-8,237	5,384
Income Tax Expense	-681.3	-23.32	696.52	-141.99	561.65
Net Income	2,122	3,260	7,067	-8,095	4,822
Net Income to Common	2,122	3,260	7,067	-8,095	4,822
Net Income Growth	-38.36%	-53.87%	-	-	-
Shares Outstanding (Basic)	44	48	48	74	41
Shares Outstanding (Diluted)	44	48	48	74	41
Shares Change (YoY)	-9.59%	0.58%	-34.94%	80.56%	-
EPS (Basic)	48.69	67.70	147.61	-110.00	118.32
EPS (Diluted)	48.69	67.70	147.61	-110.00	118.00
EPS Growth	-31.82%	-54.14%	-	-	-
Free Cash Flow	4,703	4,636	4,548	4,412	4,392
Free Cash Flow Per Share	107.93	96.27	95.00	59.96	107.76
Gross Margin	23.84%	25.94%	26.85%	22.04%	24.82%
Operating Margin	-0.38%	1.64%	10.37%	4.37%	13.37%
Profit Margin	3.00%	5.78%	14.49%	-19.96%	12.71%
Free Cash Flow Margin	6.65%	8.22%	9.33%	10.88%	11.58%
EBITDA	939.53	1,822	5,745	2,503	5,817
EBITDA Margin	1.33%	3.23%	11.78%	6.17%	15.33%
D&A For EBITDA	1,206	898.36	687.09	730.18	744.65
EBIT	-266.56	923.75	5,058	1,773	5,073
EBIT Margin	-0.38%	1.64%	10.37%	4.37%	13.37%
Effective Tax Rate	-	-	8.97%	-	10.43%
Advertising Expenses	-	139.2	105.61	53.46	24.82

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