Solborn, Inc. (KOSDAQ:035610)

SolarWinds 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	105,844	102,329	89,277	88,993	78,867	71,344
Other Revenue	15,319	19,573	30,563	4,824	21,333	10,695
Revenue	121,163	121,901	119,840	93,816	100,199	82,039
Revenue Growth (YoY)	-0.63%	1.72%	27.74%	-6.37%	22.14%	2.15%
Cost of Revenue	48,696	40,327	38,937	70,885	44,449	37,010
Gross Profit	72,467	81,574	80,903	22,931	55,751	45,029
Selling, General & Admin	39,771	40,376	37,353	36,793	31,154	29,269
Research & Development	8,795	9,208	8,635	8,039	7,378	5,757
Operating Expenses	52,245	54,375	48,226	49,407	41,008	37,877
Operating Income	20,222	27,199	32,677	-26,476	14,743	7,152
Interest Expense	-130.25	-133.33	-133.52	-124.97	-115.23	-141.16
Interest & Investment Income	2,604	3,198	1,880	1,229	781.95	469.59
Earnings From Equity Investments	-57.91	138.75	2,157	-5,186	-209.05	633.48
Currency Exchange Gain (Loss)	2,784	4,007	706.1	-491.79	2,055	-1,304
Other Non Operating Income (Expenses)	279.07	161.11	11.8	373.15	2,411	239.73
EBT Excluding Unusual Items	25,700	34,570	37,299	-30,677	19,667	7,049
Gain (Loss) on Sale of Investments	20,949	35,758	17,628	-14,676	14,229	-1,498
Gain (Loss) on Sale of Assets	11.49	-30.97	-5.79	0.46	-1.11	19.92
Asset Writedown	-0.08	-0.08	-	-	-	-122.76
Other Unusual Items	-	-	20.38	8.84	-	1,611
Pretax Income	46,661	70,296	54,941	-45,344	33,895	7,060
Income Tax Expense	7,759	7,736	5,228	-3,427	3,928	1,919
Earnings From Continuing Operations	38,902	62,560	49,713	-41,917	29,967	5,141
Earnings From Discontinued Operations	-1,752	-2,066	-818.32	-0.01	-0.01	-0.69
Net Income to Company	37,150	60,495	48,895	-41,917	29,967	5,140
Minority Interest in Earnings	-17,859	-23,574	-10,646	204.86	-12,145	-3,693
Net Income	19,291	36,921	38,249	-41,712	17,822	1,447
Net Income to Common	19,291	36,921	38,249	-41,712	17,822	1,447
Net Income Growth	-50.61%	-3.47%	-	-	1131.32%	-18.63%
Shares Outstanding (Basic)	22	22	22	22	22	23
Shares Outstanding (Diluted)	22	22	22	22	22	23
Shares Change (YoY)	-0.07%	-0.05%	-0.30%	-0.54%	-0.89%	-0.57%
EPS (Basic)	865.29	1655.66	1714.39	-1863.90	792.10	63.76
EPS (Diluted)	865.29	1655.66	1714.39	-1863.90	792.10	63.76
EPS Growth	-50.57%	-3.43%	-	-	1142.34%	-18.17%
Free Cash Flow	13,698	14,907	10,555	14,361	15,023	16,567
Free Cash Flow Per Share	614.41	668.46	473.10	641.73	667.69	729.81
Gross Margin	59.81%	66.92%	67.51%	24.44%	55.64%	54.89%
Operating Margin	16.69%	22.31%	27.27%	-28.22%	14.71%	8.72%
Profit Margin	15.92%	30.29%	31.92%	-44.46%	17.79%	1.76%
Free Cash Flow Margin	11.30%	12.23%	8.81%	15.31%	14.99%	20.19%
EBITDA	22,916	29,962	35,468	-23,740	17,262	9,440
EBITDA Margin	18.91%	24.58%	29.60%	-25.30%	17.23%	11.51%
D&A For EBITDA	2,694	2,763	2,791	2,737	2,519	2,288
EBIT	20,222	27,199	32,677	-26,476	14,743	7,152
EBIT Margin	16.69%	22.31%	27.27%	-28.22%	14.71%	8.72%
Effective Tax Rate	16.63%	11.00%	9.52%	-	11.59%	27.18%
Advertising Expenses	-	2,099	1,999	1,695	804.23	820.39

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