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

Income statement

Metric	TTM	2025	2024	2024	2023
Revenue
Total Revenue	2.0B	2.3B	3.4B	3.3B	2.9B
Cost of Revenue	6.6M	624.2M	4.1B	1.1B	1.8B
Gross Profit	2.0B	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	6.4B	6.6B	56.8M	1.6B	66.7M
Total Operating Expenses	12.5B	6.9B	2.5B	3.7B	1.8B
Cost and Expenses	1.1B	6.9B	2.5B	2.1B	12.5B
Operating Income (EBIT)	923.5M	(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	770.7M	(356.9M)	(6.4B)	(2.4B)	(2.2B)
Other Non-Op Income/Expense	(173.8M)	(356.9M)	(8.8B)	(14.6B)	5.8B
Non-Operating Income (excl Interest)	8.3M	(1.2M)	2.4B	—	—
EBT (Pre-Tax Income)	749.8M	(7.2B)	(7.9B)	(13.5B)	(3.8B)
Income Tax Expense	—	—	—	(424.6M)	281.8M
Bottom Line
Net Income	749.8M	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Earnings from Cont. Ops	749.8M	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	749.8M	(7.2B)	(7.9B)	(13.0B)	(4.1B)
Per Share
Basic EPS	₩17	(₩166)	(₩393)	(₩647)	(₩305)
Diluted EPS	₩17	(₩166)	(₩393)	(₩647)	(₩305)
Revenue Per Share	₩46	₩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	915.3M	(6.9B)	(1.5B)	(25.5B)	(9.6B)
D&A	—	—	—	—	—
EBIT	915.3M	(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 May 1, 2026