SOCAR Inc. (KRX:403550)
South Korea
· Delayed Price · Currency is KRW 11,800
+50 (0.43%)
Last updated: Dec 5, 2025, 2:24 PM KST
SOCAR Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 464,400 | 431,763 | 398,472 | 397,560 | 289,001 | 220,552 |
| Revenue Growth (YoY) | 14.52% | 8.36% | 0.23% | 37.56% | 31.04% | - |
| Cost of Revenue | 122,154 | 121,645 | 111,777 | 113,672 | 107,349 | 84,638 |
| Gross Profit | 342,246 | 310,118 | 286,694 | 283,889 | 181,652 | 135,914 |
| Selling, General & Admin | 224,639 | 212,168 | 204,749 | 192,440 | 140,592 | 105,972 |
| Amortization of Goodwill & Intangibles | 1,477 | 1,432 | 1,370 | 739.89 | 290.79 | 247.44 |
| Other Operating Expenses | 2,191 | 1,796 | 2,382 | 2,070 | 1,348 | 2,142 |
| Operating Expenses | 329,288 | 319,918 | 297,379 | 274,365 | 202,878 | 150,569 |
| Operating Income | 12,959 | -9,800 | -10,685 | 9,524 | -21,226 | -14,655 |
| Interest Expense | -22,050 | -23,798 | -19,442 | -14,869 | -14,512 | -14,226 |
| Interest & Investment Income | 3,043 | 2,886 | 2,733 | 1,834 | 349.1 | 377.19 |
| Earnings From Equity Investments | 1,501 | -355.56 | -7,045 | -10,970 | -630.13 | 10,206 |
| Currency Exchange Gain (Loss) | 68.12 | -48.7 | 20.42 | 0.04 | -2,926 | 2,110 |
| Other Non Operating Income (Expenses) | 162.31 | 402.44 | 497.61 | 241.64 | -890.34 | -1,634 |
| EBT Excluding Unusual Items | -4,317 | -30,714 | -33,920 | -14,239 | -39,836 | -17,823 |
| Gain (Loss) on Sale of Investments | 56.49 | 2,092 | -3,323 | - | 38,064 | 4.64 |
| Gain (Loss) on Sale of Assets | -3,031 | -2,111 | -4,975 | -2,344 | -664.06 | -2,267 |
| Asset Writedown | - | - | - | - | -56.71 | - |
| Other Unusual Items | - | - | 31.99 | - | - | - |
| Pretax Income | -7,291 | -30,733 | -42,187 | -16,583 | -2,493 | -20,085 |
| Income Tax Expense | 251.16 | 276 | 146.89 | 1,554 | - | - |
| Earnings From Continuing Operations | -7,543 | -31,009 | -42,334 | -18,138 | -2,493 | -20,085 |
| Earnings From Discontinued Operations | - | - | - | - | 8,770 | -47,323 |
| Net Income to Company | -7,543 | -31,009 | -42,334 | -18,138 | 6,277 | -67,408 |
| Minority Interest in Earnings | - | - | - | - | - | 44.3 |
| Net Income | -7,543 | -31,009 | -42,334 | -18,138 | 6,277 | -67,363 |
| Net Income to Common | -7,543 | -31,009 | -42,334 | -18,138 | 6,277 | -67,363 |
| Shares Outstanding (Basic) | 33 | 33 | 33 | 30 | 21 | 20 |
| Shares Outstanding (Diluted) | 33 | 33 | 33 | 30 | 21 | 20 |
| Shares Change (YoY) | 0.07% | 0.09% | 7.81% | 43.84% | 7.56% | - |
| EPS (Basic) | -229.96 | -945.32 | -1291.69 | -596.63 | 297.00 | -3428.20 |
| EPS (Diluted) | -229.96 | -945.32 | -1292.00 | -597.00 | 297.00 | -3428.20 |
| Free Cash Flow | 39,357 | -15,291 | -112,590 | -69,746 | -12,206 | -1,115 |
| Free Cash Flow Per Share | 1199.94 | -466.16 | -3435.36 | -2294.31 | -577.52 | -56.73 |
| Gross Margin | 73.70% | 71.83% | 71.95% | 71.41% | 62.86% | 61.62% |
| Operating Margin | 2.79% | -2.27% | -2.68% | 2.40% | -7.34% | -6.64% |
| Profit Margin | -1.62% | -7.18% | -10.62% | -4.56% | 2.17% | -30.54% |
| Free Cash Flow Margin | 8.48% | -3.54% | -28.26% | -17.54% | -4.22% | -0.51% |
| EBITDA | 113,280 | 94,352 | 75,232 | 89,085 | 38,681 | 31,755 |
| EBITDA Margin | 24.39% | 21.85% | 18.88% | 22.41% | 13.38% | 14.40% |
| D&A For EBITDA | 100,321 | 104,152 | 85,917 | 79,562 | 59,908 | 46,411 |
| EBIT | 12,959 | -9,800 | -10,685 | 9,524 | -21,226 | -14,655 |
| EBIT Margin | 2.79% | -2.27% | -2.68% | 2.40% | -7.34% | -6.64% |
| Advertising Expenses | - | 20,762 | 20,764 | 5,636 | 13,213 | 8,845 |
Source: S&P Capital IQ. Standard template. Financial Sources.