TAEYANG 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
Period Ending	Sep '25 Sep 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
Operating Revenue	144,323	152,238	157,016	174,238	150,035	141,507
Revenue	144,323	152,238	157,016	174,238	150,035	141,507
Revenue Growth (YoY)	-3.52%	-3.04%	-9.88%	16.13%	6.03%	-0.22%
Cost of Revenue	125,378	132,022	134,249	147,527	129,791	116,088
Gross Profit	18,945	20,216	22,766	26,710	20,244	25,419
Selling, General & Admin	16,086	16,336	14,663	17,731	16,249	14,671
Other Operating Expenses	611.16	614.76	561.11	640.2	543.57	528.09
Operating Expenses	17,884	18,049	16,227	19,277	17,719	16,155
Operating Income	1,061	2,167	6,539	7,434	2,525	9,264
Interest Expense	-11.39	-15.73	-24.57	-31.57	-33.81	-132.08
Interest & Investment Income	688.72	832.7	301.81	549.95	219.37	464.78
Earnings From Equity Investments	-1,514	-907.86	-458.07	-349.59	-53.72	-236.9
Currency Exchange Gain (Loss)	4,345	5,913	555.96	-595.35	1,808	-3,101
Other Non Operating Income (Expenses)	12,488	1,496	1,924	1,899	1,687	1,574
EBT Excluding Unusual Items	17,057	9,485	8,839	8,906	6,151	7,833
Gain (Loss) on Sale of Investments	663.56	309.69	542.97	-	-	-
Gain (Loss) on Sale of Assets	14.57	38.03	0.03	-8.32	-34.43	23.29
Asset Writedown	-99.69	-99.69	-	-	-	-
Pretax Income	17,635	9,733	9,382	8,898	6,116	7,856
Income Tax Expense	3,016	1,471	2,070	2,313	1,311	846.56
Net Income	14,619	8,262	7,311	6,584	4,806	7,010
Net Income to Common	14,619	8,262	7,311	6,584	4,806	7,010
Net Income Growth	235.34%	13.01%	11.04%	37.01%	-31.44%	-4.85%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-0.08%	-	-	-	-	-
EPS (Basic)	1837.16	1037.83	918.38	827.07	603.65	880.50
EPS (Diluted)	1837.16	1037.83	918.38	827.07	603.65	880.50
EPS Growth	235.62%	13.01%	11.04%	37.01%	-31.44%	-4.85%
Free Cash Flow	12,210	11,486	14,374	6,403	-914.23	7,203
Free Cash Flow Per Share	1534.39	1442.76	1805.61	804.32	-114.84	904.77
Dividend Per Share	200.000	200.000	380.000	300.000	150.000	150.000
Dividend Growth	-47.37%	-47.37%	26.67%	100.00%	-	-
Gross Margin	13.13%	13.28%	14.50%	15.33%	13.49%	17.96%
Operating Margin	0.73%	1.42%	4.17%	4.27%	1.68%	6.55%
Profit Margin	10.13%	5.43%	4.66%	3.78%	3.20%	4.95%
Free Cash Flow Margin	8.46%	7.54%	9.16%	3.67%	-0.61%	5.09%
EBITDA	8,325	9,300	13,604	14,340	9,216	16,010
EBITDA Margin	5.77%	6.11%	8.66%	8.23%	6.14%	11.31%
D&A For EBITDA	7,263	7,134	7,065	6,907	6,692	6,746
EBIT	1,061	2,167	6,539	7,434	2,525	9,264
EBIT Margin	0.73%	1.42%	4.17%	4.27%	1.68%	6.55%
Effective Tax Rate	17.10%	15.12%	22.07%	26.00%	21.43%	10.78%
Advertising Expenses	-	398.33	348.67	373.25	341.27	376.54

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