Shinhan 11th Special Purpose Acquisition Company Co., Ltd. (KOSDAQ:452980)

KOSDAQ:452980 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Total Interest Expense	192.13	190.58	175.33
Net Interest Income	-192.13	-190.58	-175.33
Revenue Before Loan Losses	-192.13	-190.58	-175.33
Revenue	-192.13	-190.58	-175.33
Salaries & Employee Benefits	25.59	25.67	7.06
Cost of Services Provided	21.92	25.29	36.46
Other Operating Expenses	0.52	0.38	-
Total Operating Expenses	48.03	51.34	43.52
Operating Income	-240.16	-241.92	-218.85
Pretax Income	1,035	1,093	202.85
Income Tax Expense	216.26	228.5	42.4
Net Income	818.48	864.81	160.45
Net Income to Common	818.48	864.81	160.45
Net Income Growth	410.10%	438.97%	-
Shares Outstanding (Basic)	19	19	6
Shares Outstanding (Diluted)	25	24	6
Shares Change (YoY)	303.58%	289.35%	-
EPS (Basic)	43.23	45.75	26.03
EPS (Diluted)	40.19	42.00	26.03
EPS Growth	54.39%	61.35%	-
Effective Tax Rate	20.90%	20.90%	20.90%

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