Tae Kwang Corporation (KOSDAQ:023160)

Tae Kwang Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	262,857	266,810	312,067	249,743	185,148	188,404
Other Revenue	-	-0	-	-	-0	-
Revenue	262,857	266,810	312,067	249,743	185,148	188,404
Revenue Growth (YoY)	-7.72%	-14.50%	24.96%	34.89%	-1.73%	-0.71%
Cost of Revenue	196,829	195,042	222,808	175,734	148,729	169,420
Gross Profit	66,027	71,768	89,260	74,009	36,419	18,984
Selling, General & Admin	30,976	29,458	28,216	28,269	19,429	17,559
Research & Development	-	-	-	0.6	60.62	394.75
Other Operating Expenses	611.85	646.78	588.26	449.94	484.77	444.73
Operating Expenses	33,764	31,895	31,536	28,659	22,888	22,097
Operating Income	32,263	39,873	57,724	45,350	13,531	-3,113
Interest Expense	-601.46	-601.29	-762.93	-643.29	-738.41	-130.2
Interest & Investment Income	8,940	9,226	5,568	1,469	442.03	828.72
Currency Exchange Gain (Loss)	-452.56	8,749	2,711	4,362	6,780	-5,167
Other Non Operating Income (Expenses)	982.64	363.81	603.23	-347.79	711.53	341.17
EBT Excluding Unusual Items	41,131	57,610	65,843	50,190	20,726	-7,240
Gain (Loss) on Sale of Investments	12,506	466.48	4,786	-3,419	1,289	-265.87
Gain (Loss) on Sale of Assets	31.5	-245.19	15.4	17.06	21.85	-132.82
Pretax Income	53,668	57,831	70,645	46,788	22,037	-7,639
Income Tax Expense	11,041	11,710	12,517	10,004	3,487	-2,598
Earnings From Continuing Operations	42,627	46,121	58,128	36,783	18,549	-5,042
Minority Interest in Earnings	920.6	-1,209	-3,052	-1,013	-3,331	24.05
Net Income	43,548	44,912	55,076	35,771	15,218	-5,018
Net Income to Common	43,548	44,912	55,076	35,771	15,218	-5,018
Net Income Growth	-3.03%	-18.45%	53.97%	135.05%	-	-
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
EPS (Basic)	1683.50	1736.23	2129.18	1382.86	588.32	-193.97
EPS (Diluted)	1683.50	1736.23	2129.18	1382.86	588.32	-193.97
EPS Growth	-3.03%	-18.45%	53.97%	135.05%	-	-
Free Cash Flow	12,500	45,943	34,127	39,160	23,927	29,662
Free Cash Flow Per Share	483.24	1776.12	1319.30	1513.88	925.00	1146.68
Dividend Per Share	535.000	250.000	170.000	170.000	100.000	50.000
Dividend Growth	214.71%	47.06%	-	70.00%	100.00%	-50.00%
Gross Margin	25.12%	26.90%	28.60%	29.63%	19.67%	10.08%
Operating Margin	12.27%	14.94%	18.50%	18.16%	7.31%	-1.65%
Profit Margin	16.57%	16.83%	17.65%	14.32%	8.22%	-2.66%
Free Cash Flow Margin	4.75%	17.22%	10.94%	15.68%	12.92%	15.74%
EBITDA	43,587	50,080	66,972	54,245	22,611	3,301
EBITDA Margin	16.58%	18.77%	21.46%	21.72%	12.21%	1.75%
D&A For EBITDA	11,324	10,207	9,248	8,895	9,080	6,415
EBIT	32,263	39,873	57,724	45,350	13,531	-3,113
EBIT Margin	12.27%	14.94%	18.50%	18.16%	7.31%	-1.65%
Effective Tax Rate	20.57%	20.25%	17.72%	21.38%	15.82%	-
Advertising Expenses	-	168.34	121.24	109.95	117.75	31.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.