Consolidated Income Statement

2019 2020 2021
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Revenue 113,648 100% -11% 126,242 100% 11% 334,983 100% 165%
Operating Expenses 122,978 108% -25% 139,081 110% 13% 237,632 71% 71%
Operating Profit (9,330) -8% 74% (12,839) -10% 38% 97,351 29% Swing to profit
Non-Operating Profit 5,366 5% -51% 5,293 4% -1% 324,795 97% 6036%
Non-Operating expenses 6,489 6% -36% 2,004 2% 69% 28,028 8% 1299%
Net Income (28,699) -25% 41% (18,362) -15% -36% 308,091 92% Swing to profit
2018 2019 2020
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Revenue 127,076 100% 16% 113,648 100% -11% 126,242 100% 11%
Operating Expenses 163,238 128% 58% 122,978 108% -25% 139,081 110% 13%
Operating Profit (36,162) -28% -705% (9,330) -8% 74% (12,839) -10% 38%
Non-Operating Profit 10,883 9% -49% 5,366 5% -51% 5,293 4% -1%
Non-Operating expenses 10,105 8% -18% 6,489 6% -36% 2,004 2% 69%
Net Income (48,528) -38% -5383% (28,699) -25% 41% (18,362) -15% -36%
2017 2018 2019
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Revenue 109,568 100% 1% 127,076 100% 16% 113,648 100% -11%
Operating Expenses 103,593 95% 0% 163,238 128% 58% 122,978 108% -25%
Operating Profit 5,975 5% 45% (36,162) -28% -705% (9,330) -8% 74%
Non-Operating Profit 21,314 19% 70% 10,883 9% -49% 5,366 5% -51%
Non-Operating expenses 12,355 11% -88% 10,105 8% -18% 6,489 6% -36%
Net Income (885) -1% 99% (48,528) -38% -5383% (28,699) -25% 41%
2016 2017 2018
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Revenue 107,979 99% -15% 109,568 100% 1% 127,076 100% 16%
Operating Expenses 103,848 95% -25% 103,593 95% 0% 163,238 128% 58%
Operating Profit 4,131 4% 135% 5,975 5% 45% (36,162) -28% -705%
Non-Operating Profit 12,539 11% 128% 21,314 19% 70% 10,883 9% -49%
Non-Operating expenses 105,660 96% -24% 12,355 11% -88% 10,105 8% -18%
Net Income (73,001) -67% 41% (885) -1% 99% (48,528) -38% -5383%

(Unit: KRW million)

Consolidated Balance Sheet

2019 2020 2021
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Assets 296,259 100% -16% 323,371 100% 9% 1,027,300 100% 218%
Liabilities 61,598 21% -18% 67,350 21% 9% 383,599 37% 470%
Equity 234,661 79% -15% 256,020 79% 9% 643,701 63% 151%
2018 2019 2020
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Assets 350,825 100% -23% 296,259 100% -16% 323,371 100% 9%
Liabilities 75,244 21% -32% 61,598 21% -18% 67,350 21% 9%
Equity 275,581 79% -19% 234,661 79% -15% 256,020 79% 9%
2017 2018 2019
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Assets 453,301 100% 12% 350,825 100% -23% 296,259 100% -16%
Liabilities 111,266 25% 102% 75,244 21% -32% 61,598 21% -18%
Equity 342,035 75% -2% 275,581 79% -19% 234,661 79% -15%
2016 2017 2018
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Assets 403,341 100% -18% 453,301 100% 12% 350,825 100% -23%
Liabilities 55,158 14% -30% 111,266 25% 102% 75,244 21% -32%
Equity 348,184 86% -16% 342,035 75% -2% 275,581 79% -19%

(Unit: KRW million)

Consolidated Cash Flow Statement

2019 2020 2021
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Cash flows from operating activities -43,126 228% 6% -14,885 -372% -65% 94,396 42% Swing to profit
Cash flows from investing activities 34,397 -182% -347% 14,134 354% -59% 83,141 37% 488%
Cash flows from financing activities -10,213 54% -39% 4,747 119% -146% 48,831 22% 929%
Net increase (decrease) in cash and cash equivalents -18,942 100% -73% 3,997 100% -121% 226,368 100% 5563%
Cash and cash equivalents at end of the period 38,124 - -33% 42,197 - 11% 273,726 - 549%
2018 2019 2020
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Cash flows from operating activities (40,539) 57% -362% -43,126 228% 6% -14,885 -372% -65%
Cash flows from investing activities (13,932) 20% -116% 34,397 -182% -347% 14,134 354% -59%
Cash flows from financing activities (16,878) 24% -120% -10,213 54% -39% 4,747 119% -146%
Net increase (decrease) in cash and cash equivalents (71,349) 100% -204% -18,942 100% -73% 3,997 100% -121%
Cash and cash equivalents at end of the period 57,154 - -55% 38,124 - -33% 42,197 - 11%
2017 2018 2019
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Cash flows from operating activities (8,782) -13% -191% (40,539) 57% -362% -43,126 228% 6%
Cash flows from investing activities 85,077 124% -600% (13,932) 20% -116% 34,397 -182% -347%
Cash flows from financing activities (7,680) -11% -279% (16,878) 24% -120% -10,213 54% -39%
Net increase (decrease) in cash and cash equivalents 68,614 100% 2331% (71,349) 100% -204% -18,942 100% -73%
Cash and cash equivalents at end of the period 127,140 - 105% 57,154 - -55% 38,124 - -33%
2016 2017 2018
Amounts Ratio YoY Amounts Ratio YoY Amounts Ratio YoY
Cash flows from operating activities 9,626 -313% 309% (8,782) -13% -191% (40,539) 57% -362%
Cash flows from investing activities (17,004) 553% -273% 85,077 124% -600% (13,932) 20% -116%
Cash flows from financing activities 4,302 -140% 11% (7,680) -11% -279% (16,878) 24% -120%
Net increase (decrease) in cash and cash equivalents (3,076) 100% -134% 68,614 100% 2331% (71,349) 100% -204%
Cash and cash equivalents at end of the period 62,023 - -2% 127,140 - 105% 57,154 - -55%

(Unit: KRW million)