S-1 (012750) Q1 2025 earnings summary

Executive summary

• 1Q25 revenue reached 674.1 billion KRW, up 2% year-over-year but down 12% sequentially from 4Q24.

• Operating income for 1Q25 was 55.1 billion KRW, a 13% increase year-over-year and 15% higher than the previous quarter.

• Net income for 1Q25 was 42.0 billion KRW, up 3% year-over-year and 9% sequentially.

Financial highlights

• Gross profit margin improved to 24% in 1Q25 from 23% in 1Q24.

• EBITDA for 1Q25 was 98.2 billion KRW, up 8% year-over-year and 8% sequentially.

• Net profit margin for 1Q25 was 6.2%.

Outlook and guidance

• Results are preliminary and unaudited, subject to change after external audit.