| Income Statement | | | | | | | | | | |
| | | | | | | Original | | | |
| KRW | Fiscal Year Ending | | Latest | | Year-to-date Ending |
| (in millions) | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | | Dec-23 | Dec-24 |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD |
| | | | | | | | | | |
| Revenue | 32,587 | 49,791 | 48,232 | 71,500 | 22,640 | | 22,640 | | 71,500 | 22,640 |
| % Growth | NA | 52.8% | -3.1% | 48.2% | -68.3% | | | | | -68.3% |
| | | | | | | | | | |
| Cost of Revenue | (30,226) | (46,068) | (50,046) | (68,066) | (29,982) | | (29,982) | | (68,066) | (29,982) |
| Gross Profit | 2,361 | 3,723 | (1,814) | 3,434 | (7,342) | | (7,342) | | 3,434 | (7,342) |
| % Revenue | 7.2% | 7.5% | -3.8% | 4.8% | -32.4% | | -32.4% | | 4.8% | -32.4% |
| | | | | | | | | | |
| Research and Development | (1,766) | (2,519) | (2,935) | (4,859) | (3,762) | | (3,762) | | (4,859) | (3,762) |
| Selling and Marketing | (3,064) | (1,453) | (1,589) | (2,226) | (1,847) | | (1,847) | | (2,226) | (1,847) |
| General and Admin | (9,373) | (4,850) | (5,782) | (4,936) | (5,530) | | (5,530) | | (4,936) | (5,530) |
| Other Inc / (Exp) | (5,047) | 1,669 | 3,010 | 11,703 | 5,418 | | 5,418 | | 11,703 | 5,418 |
| Total Operating Exp | (19,250) | (7,152) | (7,297) | (317) | (5,720) | | (5,720) | | (317) | (5,720) |
| | | | | | | | | | |
| Operating Income | (16,889) | (3,429) | (9,111) | 3,117 | (13,062) | | (13,062) | | 3,117 | (13,062) |
| % Revenue | -51.8% | -6.9% | -18.9% | 4.4% | -57.7% | | -57.7% | | 4.4% | -57.7% |
| | | | | | | | | | |
| Interest Expense | (958) | (1,036) | (282) | 1,056 | 1,147 | | 1,147 | | 1,056 | 1,147 |
| Pre-tax Income | (17,847) | (4,465) | (9,393) | 4,173 | (11,915) | | (11,915) | | 4,173 | (11,915) |
| Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Provision for Taxes | (918) | 499 | (226) | (597) | 493 | | 493 | | (597) | 493 |
| Net Income to Company | (18,764) | (3,966) | (9,619) | 3,576 | (11,422) | | (11,422) | | 3,576 | (11,422) |
| % Margin | -57.6% | -8.0% | -19.9% | 5.0% | -50.4% | | -50.4% | | 5.0% | -50.4% |
| | | | | | | | | | |
| Minority Interest in Earnings | 3,581 | 3,569 | 3,165 | (318) | 3,582 | | 3,582 | | (318) | 3,582 |
| Net Income to Stockholders | (15,183) | (397) | (6,453) | 3,258 | (7,840) | | (7,840) | | 3,258 | (7,840) |
| | | | | | | | | | |
| Preferred Dividends | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Other Adj. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| | | | | | | | | | |
| Net Income to Common | (15,183) | (397) | (6,453) | 3,258 | (7,840) | | (7,840) | | 3,258 | (7,840) |
| % Margin | -46.6% | -0.8% | -13.4% | 4.6% | -34.6% | | -34.6% | | 4.6% | -34.6% |
| | | | | | | | | | |
| As Reported | | | | | | | | | | |
| Basic EPS (Continuing Ops) | (757.64) | (18.39) | (243.55) | 125.00 | (309.00) | | (309.00) | | 125.00 | (309.00) |
| Diluted EPS (Continuing Ops) | (758.00) | (18.39) | (244.00) | 125.00 | (309.00) | | (309.00) | | 125.00 | (309.00) |
| | | | | | | | | | |
| WA Basic Shares Out. | 20.04 | 21.59 | 26.50 | 26.06 | 25.37 | | 25.37 | | 26.06 | 25.37 |
| WA Diluted Shares Out. | 20.04 | 21.59 | 26.50 | 26.06 | 25.37 | | 25.37 | | 26.06 | 25.37 |
| | | | | | | | | | |
| EBITDA, EBIT Reconciliation | | | | | | | | | | |
| EBT, Incl. Unusual Items | (17,847) | (4,465) | (9,393) | 4,173 | (11,915) | | (11,915) | | 4,173 | (11,915) |
| Addback: Net Interest Expense | 958 | 1,036 | 282 | (1,056) | (1,147) | | (1,147) | | (1,056) | (1,147) |
| Addback: Other Non Operating Expenses, Total | 1,736 | (4,110) | (4,146) | (12,493) | (6,633) | | (6,633) | | (12,493) | (6,633) |
| Addback: Depreciation & Amortization | 3,262 | 3,782 | 3,806 | 3,895 | 4,126 | | 4,126 | | 3,895 | 4,126 |
| Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Gain (Loss) On Sale Of Invest. | 603 | (187) | 139 | (331) | (64) | | (64) | | (331) | (64) |
| Addback: Gain (Loss) On Sale Of Assets | 4 | (14) | (6) | 0 | (20) | | (20) | | 0 | (20) |
| Addback: Asset Writedown | 0 | 1,396 | 0 | 0 | 79 | | 79 | | 0 | 79 |
| Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 |
| Adjusted EBITDA | (11,283) | (2,562) | (9,318) | (5,812) | (15,574) | | (15,574) | | (5,812) | (15,574) |
| % Margin | -34.6% | -5.1% | -19.3% | -8.1% | -68.8% | | -68.8% | | -8.1% | -68.8% |
| | | | | | | | | | |
| Adjusted EBIT | (14,545) | (6,344) | (13,124) | (9,707) | (19,700) | | (19,700) | | (9,707) | (19,700) |
| % Margin | -44.6% | -12.7% | -27.2% | -13.6% | -87.0% | | -87.0% | | -13.6% | -87.0% |
| | | | | | | | | | |
| Adjusted Net Income Reconciliation | | | | | | | | | | |
| Net Income to Company | (18,764) | (3,966) | (9,619) | 3,576 | (11,422) | | (11,422) | | 3,576 | (11,422) |
| Addback: Unusual Items | 607 | 1,195 | 133 | (331) | (6) | | (6) | | (331) | (6) |
| Less: Tax Benefit of Unusual Items (26%) | (158) | (311) | (35) | 86 | 1 | | 1 | | 86 | 1 |
| Adjusted Net Income | (18,315) | (3,082) | (9,520) | 3,331 | (11,426) | | (11,426) | | 3,331 | (11,426) |
| % Margin | -56.2% | -6.2% | -19.7% | 4.7% | -50.5% | | -50.5% | | 4.7% | -50.5% |