Daewon Media Co., Ltd. (KOSDAQ: 048910)

Daewon Media Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	277,149	316,062	303,454	299,833	266,227	191,546
Other Revenue	-0	-	-0	-0	-0	0
Revenue	277,149	316,062	303,454	299,833	266,227	191,546
Revenue Growth (YoY)	-11.39%	4.15%	1.21%	12.62%	38.99%	17.24%
Cost of Revenue	219,326	251,419	251,341	260,636	234,593	162,302
Gross Profit	57,822	64,643	52,113	39,197	31,635	29,244
Selling, General & Admin	41,987	38,281	29,547	23,230	20,956	22,091
Other Operating Expenses	996.38	924.87	762.23	654.56	695.55	740.62
Operating Expenses	53,871	51,091	37,700	28,068	25,724	25,580
Operating Income	3,951	13,552	14,413	11,128	5,911	3,664
Interest Expense	-3,034	-2,917	-1,374	-430.16	-381.07	-443.8
Interest & Investment Income	2,172	2,344	2,193	1,091	1,076	1,478
Earnings From Equity Investments	-2,502	-2,398	-800.88	23.94	-68.17	-260.87
Currency Exchange Gain (Loss)	128.05	233.88	260.66	-71.43	100.65	87.58
Other Non Operating Income (Expenses)	2,017	2,648	167.51	1,132	66.87	111.78
EBT Excluding Unusual Items	2,732	13,463	14,859	12,874	6,705	4,637
Gain (Loss) on Sale of Investments	-989.86	205.85	-3,243	4.64	-141.65	343.55
Gain (Loss) on Sale of Assets	-41.24	-19.84	-24.93	-134.76	0.43	-5.99
Asset Writedown	-1,813	-1,526	-1,874	-2,120	-174.49	-1,075
Pretax Income	-112.95	12,123	9,717	10,624	6,390	3,900
Income Tax Expense	2,495	3,230	2,499	2,087	-111.48	718.12
Earnings From Continuing Operations	-2,608	8,893	7,218	8,537	6,501	3,181
Minority Interest in Earnings	582.02	-2,679	-1,610	-2,862	-2,404	-2,081
Net Income	-2,026	6,214	5,609	5,675	4,097	1,100
Net Income to Common	-2,026	6,214	5,609	5,675	4,097	1,100
Net Income Growth	-	10.80%	-1.18%	38.51%	272.46%	-47.14%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	-	-	-	-	-0.71%	-1.14%
EPS (Basic)	-167.65	514.24	464.13	469.65	339.06	90.38
EPS (Diluted)	-167.76	514.24	464.13	469.65	339.06	90.38
EPS Growth	-	10.80%	-1.18%	38.51%	275.13%	-46.53%
Free Cash Flow	22,439	30,762	11,521	7,390	13,265	1,073
Free Cash Flow Per Share	1856.85	2545.57	953.37	611.57	1097.65	88.15
Dividend Per Share	100.000	100.000	100.000	-	-	-
Gross Margin	20.86%	20.45%	17.17%	13.07%	11.88%	15.27%
Operating Margin	1.43%	4.29%	4.75%	3.71%	2.22%	1.91%
Profit Margin	-0.73%	1.97%	1.85%	1.89%	1.54%	0.57%
Free Cash Flow Margin	8.10%	9.73%	3.80%	2.46%	4.98%	0.56%
EBITDA	24,142	33,671	31,693	20,315	15,041	13,863
EBITDA Margin	8.71%	10.65%	10.44%	6.78%	5.65%	7.24%
D&A For EBITDA	20,191	20,119	17,280	9,186	9,130	10,199
EBIT	3,951	13,552	14,413	11,128	5,911	3,664
EBIT Margin	1.43%	4.29%	4.75%	3.71%	2.22%	1.91%
Effective Tax Rate	-	26.64%	25.71%	19.65%	-	18.42%
Advertising Expenses	-	3,927	2,955	2,332	1,760	2,626

Source: S&P Capital IQ. Standard template. Financial Sources.