DongWon Development 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	383,309	520,374	736,557	581,504	420,733	630,616	Upgrade
Other Revenue	-	-	-0	-	-	-	Upgrade
Revenue	383,309	520,374	736,557	581,504	420,733	630,616	Upgrade
Revenue Growth (YoY)	-41.99%	-29.35%	26.66%	38.21%	-33.28%	63.85%	Upgrade
Cost of Revenue	369,225	478,359	681,994	474,594	304,242	424,870	Upgrade
Gross Profit	14,084	42,016	54,564	106,910	116,491	205,745	Upgrade
Selling, General & Admin	15,793	18,132	20,244	21,390	14,751	17,389	Upgrade
Research & Development	122.16	135.74	157.56	152.43	142.48	130.86	Upgrade
Other Operating Expenses	979.09	1,024	1,521	998.75	617.91	396.14	Upgrade
Operating Expenses	18,604	21,005	24,564	22,988	15,839	18,190	Upgrade
Operating Income	-4,520	21,011	30,000	83,923	100,652	187,556	Upgrade
Interest Expense	-149.54	-153.14	-	-113.01	-87.06	-74.23	Upgrade
Interest & Investment Income	17,379	15,374	16,255	9,447	5,600	5,303	Upgrade
Earnings From Equity Investments	1,534	-	250	-	-	-	Upgrade
Other Non Operating Income (Expenses)	3,145	3,693	1,564	-3.33	-1,261	2,681	Upgrade
EBT Excluding Unusual Items	17,388	39,925	48,069	93,253	104,904	195,466	Upgrade
Gain (Loss) on Sale of Investments	-14,262	-14,266	11,361	-5.4	-311.94	-830	Upgrade
Gain (Loss) on Sale of Assets	88.24	277.3	307.94	-388.39	48.66	55.67	Upgrade
Asset Writedown	-	-	-	-1,050	-	-	Upgrade
Pretax Income	3,214	25,936	59,738	91,809	104,641	194,691	Upgrade
Income Tax Expense	2,988	7,632	17,187	24,929	29,406	50,263	Upgrade
Earnings From Continuing Operations	226.31	18,304	42,550	66,880	75,235	144,428	Upgrade
Minority Interest in Earnings	24.27	24.27	17.35	30.21	4.3	-	Upgrade
Net Income	250.58	18,328	42,568	66,911	75,239	144,428	Upgrade
Net Income to Common	250.58	18,328	42,568	66,911	75,239	144,428	Upgrade
Net Income Growth	-98.45%	-56.94%	-36.38%	-11.07%	-47.91%	318.69%	Upgrade
Shares Outstanding (Basic)	91	91	91	91	91	91	Upgrade
Shares Outstanding (Diluted)	91	91	91	91	91	91	Upgrade
Shares Change (YoY)	-0.02%	-	-	-	-	0.01%	Upgrade
EPS (Basic)	2.76	201.84	468.76	736.84	828.55	1590.47	Upgrade
EPS (Diluted)	2.76	201.84	468.76	736.84	799.00	1590.00	Upgrade
EPS Growth	-98.45%	-56.94%	-36.38%	-7.78%	-49.75%	318.53%	Upgrade
Free Cash Flow	57,218	95,710	-75,654	218,495	-92,717	6,327	Upgrade
Free Cash Flow Per Share	630.15	1053.98	-833.12	2406.12	-1021.02	69.67	Upgrade
Dividend Per Share	80.000	80.000	80.000	160.000	150.000	-	Upgrade
Dividend Growth	-	-	-50.00%	6.67%	-	-	Upgrade
Gross Margin	3.67%	8.07%	7.41%	18.39%	27.69%	32.63%	Upgrade
Operating Margin	-1.18%	4.04%	4.07%	14.43%	23.92%	29.74%	Upgrade
Profit Margin	0.07%	3.52%	5.78%	11.51%	17.88%	22.90%	Upgrade
Free Cash Flow Margin	14.93%	18.39%	-10.27%	37.57%	-22.04%	1.00%	Upgrade
EBITDA	-107.35	24,719	32,223	86,141	102,546	189,713	Upgrade
EBITDA Margin	-0.03%	4.75%	4.38%	14.81%	24.37%	30.08%	Upgrade
D&A For EBITDA	4,412	3,708	2,223	2,219	1,894	2,157	Upgrade
EBIT	-4,520	21,011	30,000	83,923	100,652	187,556	Upgrade
EBIT Margin	-1.18%	4.04%	4.07%	14.43%	23.92%	29.74%	Upgrade
Effective Tax Rate	92.96%	29.43%	28.77%	27.15%	28.10%	25.82%	Upgrade
Advertising Expenses	-	1,059	673.54	1,970	1,523	1,581	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.