S-1 (012750) Q4 2024 earnings summary

Executive summary

• Revenue increased 7% year-over-year to W2,804.7b in FY 2024, reflecting steady growth.

• Net profit rose 17% year-over-year to W221.4b, indicating improved profitability.

• Operating profit grew 14% year-over-year to W382.0b in FY 2024.

• Net income grew 7% year-over-year, reaching W189.5b.

Financial highlights

• EBITDA increased 15% year-over-year to W387.2b.

• Gross profit margin remained stable at 23%.

• Gross profit for FY 2024 was W639.9b, up 4% from FY 2023.

• Pre-tax income rose 8% to W216.3b.

• Net profit margin improved from 7% to 8% year-over-year.

Outlook and guidance

• Management notes that actual results may differ due to uncertainties and potential changes in accounting policies.

• Results are preliminary and subject to change pending external auditor review.