PI Advanced Materials Co., Ltd. (KRX:178920)

PI Advanced Materials Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	260,105	251,295	217,639	276,440	301,869	261,789
Other Revenue	0	-	-0	-0	-0	-
Revenue	260,105	251,295	217,639	276,440	301,869	261,789
Revenue Growth (YoY)	4.22%	15.46%	-21.27%	-8.42%	15.31%	17.04%
Cost of Revenue	190,234	187,418	192,438	196,997	197,876	177,170
Gross Profit	69,871	63,878	25,201	79,444	103,992	84,619
Selling, General & Admin	17,701	16,745	16,388	15,054	16,908	14,825
Research & Development	9,836	9,836	10,396	9,935	9,145	8,291
Amortization of Goodwill & Intangibles	911.5	911.5	910.86	997.47	1,208	889.47
Other Operating Expenses	85.78	85.78	89.97	82.28	65.39	59.2
Operating Expenses	29,902	28,946	29,139	27,309	28,134	24,609
Operating Income	39,969	34,932	-3,938	52,135	75,858	60,009
Interest Expense	-5,055	-5,055	-3,531	-704.21	-931.44	-1,341
Interest & Investment Income	1,767	1,767	829.36	651.12	504.04	244.29
Currency Exchange Gain (Loss)	1,873	1,873	107.3	2,761	2,002	-1,581
Other Non Operating Income (Expenses)	-924.17	-2,436	56.77	-320.44	6,964	-3,414
EBT Excluding Unusual Items	37,630	31,081	-6,475	54,522	84,397	53,918
Gain (Loss) on Sale of Assets	-47.05	-47.05	-172.15	-544.05	-1,083	-0.02
Asset Writedown	-908.77	-908.77	-	-	-	-1,176
Pretax Income	36,674	30,125	-6,647	53,978	83,314	52,741
Income Tax Expense	8,053	6,748	-4,852	8,268	19,314	11,018
Net Income	28,621	23,377	-1,796	45,710	64,000	41,724
Net Income to Common	28,621	23,377	-1,796	45,710	64,000	41,724
Net Income Growth	39.01%	-	-	-28.58%	53.39%	135.49%
Shares Outstanding (Basic)	-	29	29	29	29	29
Shares Outstanding (Diluted)	-	29	29	29	29	29
EPS (Basic)	-	796.05	-61.15	1556.56	2179.37	1420.81
EPS (Diluted)	-	796.05	-61.15	1556.56	2179.37	1420.81
EPS Growth	-	-	-	-28.58%	53.39%	135.49%
Free Cash Flow	59,273	41,908	7,818	-90,356	55,857	72,044
Free Cash Flow Per Share	-	1427.09	266.24	-3076.85	1902.08	2453.28
Gross Margin	26.86%	25.42%	11.58%	28.74%	34.45%	32.32%
Operating Margin	15.37%	13.90%	-1.81%	18.86%	25.13%	22.92%
Profit Margin	11.00%	9.30%	-0.83%	16.54%	21.20%	15.94%
Free Cash Flow Margin	22.79%	16.68%	3.59%	-32.68%	18.50%	27.52%
EBITDA	73,468	67,326	25,345	77,951	99,560	81,546
EBITDA Margin	28.25%	26.79%	11.64%	28.20%	32.98%	31.15%
D&A For EBITDA	33,499	32,395	29,283	25,816	23,702	21,536
EBIT	39,969	34,932	-3,938	52,135	75,858	60,009
EBIT Margin	15.37%	13.90%	-1.81%	18.86%	25.13%	22.92%
Effective Tax Rate	21.96%	22.40%	-	15.32%	23.18%	20.89%
Advertising Expenses	-	102.03	110.97	85.2	36.39	74.77

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.