Shinhan Global Active REIT Co., Ltd. (481850.KS) Financial Statements

Income statement

Metric	TTM	2025	2024	2024	2023
Revenue
Total Revenue	(2.4B)	2.3B	3.4B	3.3B	2.9B
Cost of Revenue	(234.7M)	624.2M	4.1B	1.1B	1.8B
Gross Profit	(2.2B)	2.3B	3.4B	2.2B	1.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	303.7M	303.7M	2.5B	2.1B	1.7B
General & Admin Expense	99.0K	99.0K	517.2K	159.0K	49.9K
Selling & Marketing Expense	303.6M	303.6M	2.5B	2.1B	1.7B
Other Expenses	6.6B	6.6B	56.8M	1.6B	66.7M
Total Operating Expenses	6.9B	6.9B	2.5B	3.7B	1.8B
Cost and Expenses	(4.8B)	6.9B	2.5B	2.1B	12.5B
Operating Income (EBIT)	2.4B	(6.9B)	878.8M	(216.0M)	(9.6B)
Non-Operating
Interest Income	1.3B	1.2M	4.7M	14.2M	38.5M
Interest Expense	527.2M	358.0M	914.3M	2.4B	2.3B
Net Interest Income	766.9M	(356.9M)	(6.4B)	(2.4B)	(2.2B)
Other Non-Op Income/Expense	(338.5M)	(356.9M)	(8.8B)	(14.6B)	5.8B
Non-Operating Income (excl Interest)	202.3M	(1.2M)	2.4B	—	—
EBT (Pre-Tax Income)	2.1B	(7.2B)	(7.9B)	(13.5B)	(3.8B)
Income Tax Expense	—	—	—	(424.6M)	281.8M
Bottom Line
Net Income	2.1B	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Earnings from Cont. Ops	2.1B	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.1B	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Per Share
Basic EPS	₩48	(₩166)	(₩393)	(₩647)	(₩305)
Diluted EPS	₩48	(₩166)	(₩393)	(₩647)	(₩305)
Revenue Per Share	(₩55)	₩52	₩169	₩163	₩216
Shares
Basic Shares Outstanding	43.5M	43.5M	20.1M	20.1M	13.4M
Diluted Shares Outstanding	43.5M	43.5M	20.1M	20.1M	13.4M
Profitability Metrics
EBITDA	2.2B	(6.9B)	(1.5B)	(25.5B)	(9.6B)
D&A	—	—	—	—	—
EBIT	2.2B	(6.9B)	(1.5B)	(25.5B)	(9.6B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Aug 1, 2026