S-1 (012750) Q2 2025 earnings summary

Executive summary

• Revenue in 2Q'25 reached 732.7 billion KRW, up 5% year-over-year and 9% sequentially from 1Q'25.

• Operating income for 2Q'25 was 61.5 billion KRW, an 18% increase year-over-year and 12% sequentially.

• Net income for 2Q'25 was 52.1 billion KRW, up 20% year-over-year and 24% sequentially.

Financial highlights

• Gross profit in 2Q'25 was 170.8 billion KRW, up 9% year-over-year and 7% sequentially; gross margin was 23%.

• EBITDA for 2Q'25 was 105.0 billion KRW, up 8% year-over-year and 7% sequentially; EBITDA margin was 14%.

• Pre-tax income for 2Q'25 was 69.5 billion KRW, up 24% year-over-year and 26% sequentially.

Outlook and guidance

• Results are unaudited and may be subject to change following external auditor review.