Tae Kwang Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	316,606	296,966	266,810	312,067	249,743	185,148
Other Revenue	0	-	-0	-	-	-0
Revenue	316,606	296,966	266,810	312,067	249,743	185,148
Revenue Growth	23.64%	11.30%	-14.50%	24.96%	34.89%	-1.73%
Cost of Revenue	222,705	211,325	195,042	222,808	175,734	148,729
Gross Profit	93,902	85,641	71,768	89,260	74,009	36,419
Selling, General & Admin	51,975	45,205	29,458	28,216	28,269	19,429
Research & Development	-	-	-	-	0.6	60.62
Amortization of Goodwill & Intangibles	864.74	889.63	947.13	962.88	957.89	894.63
Other Operating Expenses	718.89	701.39	646.78	588.26	449.94	484.77
Operating Expenses	53,221	46,906	31,895	31,536	28,659	22,888
Operating Income	40,681	38,735	39,873	57,724	45,350	13,531
Interest Expense	-593.75	-598.72	-601.29	-762.93	-643.29	-738.41
Interest & Investment Income	16,784	9,948	9,226	5,568	1,469	442.03
Currency Exchange Gain (Loss)	3,981	469.63	8,749	2,711	4,362	6,780
Other Non Operating Income (Expenses)	-1,473	-1,147	363.81	603.23	-347.79	711.53
EBT Excluding Unusual Items	59,379	47,407	57,610	65,843	50,190	20,726
Impairment of Goodwill	-7,552	-7,552	-	-	-	-
Gain (Loss) on Sale of Investments	58,858	46,222	466.48	4,786	-3,419	1,289
Gain (Loss) on Sale of Assets	99.11	116.46	-245.19	15.4	17.06	21.85
Pretax Income	110,784	86,193	57,831	70,645	46,788	22,037
Income Tax Expense	26,688	20,678	11,710	12,517	10,004	3,487
Earnings From Continuing Operations	84,096	65,514	46,121	58,128	36,783	18,549
Minority Interest in Earnings	-3,447	-1,641	-1,209	-3,052	-1,013	-3,331
Net Income	80,649	63,873	44,912	55,076	35,771	15,218
Net Income to Common	80,649	63,873	44,912	55,076	35,771	15,218
Net Income Growth	107.15%	42.22%	-18.45%	53.97%	135.05%	-
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
Shares Change	-	-	-	-	-	-
EPS (Basic)	3117.81	2469.27	1736.23	2129.18	1382.86	588.32
EPS (Diluted)	3117.81	2469.27	1736.23	2129.18	1382.86	588.32
EPS Growth	107.15%	42.22%	-18.45%	53.97%	135.05%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	11,212	5,016	45,943	34,127	39,160	23,927
Free Cash Flow Per Share	433.43	193.90	1776.12	1319.30	1513.88	925.00
Dividend Per Share	535.000	535.000	250.000	170.000	170.000	100.000
Dividend Growth	114.00%	114.00%	47.06%	0%	70.00%	100.00%
Gross Margin	29.66%	28.84%	26.90%	28.60%	29.63%	19.67%
Operating Margin	12.85%	13.04%	14.94%	18.50%	18.16%	7.31%
Profit Margin	25.47%	21.51%	16.83%	17.65%	14.32%	8.22%
Free Cash Flow Margin	3.54%	1.69%	17.22%	10.94%	15.68%	12.92%
EBITDA	53,067	50,855	50,080	66,972	54,245	22,611
EBITDA Margin	16.76%	17.13%	18.77%	21.46%	21.72%	12.21%
D&A For EBITDA	12,387	12,121	10,207	9,248	8,895	9,080
EBIT	40,681	38,735	39,873	57,724	45,350	13,531
EBIT Margin	12.85%	13.04%	14.94%	18.50%	18.16%	7.31%
Effective Tax Rate	24.09%	23.99%	20.25%	17.72%	21.38%	15.82%
Advertising Expenses	-	75.21	168.34	121.24	109.95	117.75