System and Application Technologies Co., Ltd (KOSDAQ:060540)

KOSDAQ:060540 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	151,346	155,077	152,150	174,366	163,095	125,212
Other Revenue	-	-0	-	-	-0	0
Revenue	151,346	155,077	152,150	174,366	163,095	125,212
Revenue Growth (YoY)	-2.00%	1.92%	-12.74%	6.91%	30.25%	-10.67%
Cost of Revenue	130,343	132,662	130,226	144,859	141,278	105,047
Gross Profit	21,003	22,415	21,925	29,507	21,818	20,165
Selling, General & Admin	15,235	15,158	13,737	13,425	12,395	11,262
Research & Development	2,518	2,358	2,021	2,106	1,299	1,665
Other Operating Expenses	349.02	368.2	337.31	436	360.04	346.82
Operating Expenses	19,136	19,063	17,214	18,412	14,752	13,955
Operating Income	1,867	3,352	4,711	11,094	7,066	6,210
Interest Expense	-2,029	-2,104	-1,338	-1,183	-716.5	-622.22
Interest & Investment Income	291.93	346.86	387.22	278.99	83.26	123.3
Earnings From Equity Investments	-	-	-	-2.34	-	-
Currency Exchange Gain (Loss)	-1,277	2,417	-206.28	1,435	1,815	-713.15
Other Non Operating Income (Expenses)	-130.04	-150.24	-573.27	205.91	179.78	-425.2
EBT Excluding Unusual Items	-1,278	3,862	2,980	11,828	8,427	4,572
Impairment of Goodwill	-128.83	-128.83	-	-524.39	-310.94	-
Gain (Loss) on Sale of Investments	43.61	44.72	54.47	29.81	49.78	47.74
Gain (Loss) on Sale of Assets	30.7	36.58	187.62	35.68	57.69	312.34
Asset Writedown	16	16	35.52	-15	214.74	-
Other Unusual Items	-	-	-	-	343.93	-
Pretax Income	-1,316	3,830	3,258	11,354	8,783	4,932
Income Tax Expense	868.48	1,734	1,877	2,338	2,396	980.84
Earnings From Continuing Operations	-2,185	2,096	1,381	9,016	6,386	3,952
Net Income to Company	-2,185	2,096	1,381	9,016	6,386	3,952
Minority Interest in Earnings	359.94	430.6	240.3	125.42	218.05	-119.59
Net Income	-1,825	2,527	1,621	9,142	6,604	3,832
Net Income to Common	-1,825	2,527	1,621	9,142	6,604	3,832
Net Income Growth	-	55.84%	-82.26%	38.42%	72.35%	-58.66%
Shares Outstanding (Basic)	26	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	26	26
Shares Change (YoY)	-	-	-	-	-0.50%	-0.06%
EPS (Basic)	-69.83	96.69	62.04	349.81	252.72	146.63
EPS (Diluted)	-70.00	96.69	62.00	349.81	252.72	146.00
EPS Growth	-	55.95%	-82.28%	38.42%	73.09%	-58.64%
Free Cash Flow	5,041	-572.56	-10,245	2,810	-3,839	-6,717
Free Cash Flow Per Share	192.89	-21.91	-392.02	107.54	-146.90	-255.76
Dividend Per Share	-	-	50.000	50.000	50.000	50.000
Gross Margin	13.88%	14.45%	14.41%	16.92%	13.38%	16.11%
Operating Margin	1.23%	2.16%	3.10%	6.36%	4.33%	4.96%
Profit Margin	-1.21%	1.63%	1.07%	5.24%	4.05%	3.06%
Free Cash Flow Margin	3.33%	-0.37%	-6.73%	1.61%	-2.35%	-5.37%
EBITDA	9,436	10,560	10,626	16,317	11,463	10,282
EBITDA Margin	6.23%	6.81%	6.98%	9.36%	7.03%	8.21%
D&A For EBITDA	7,569	7,208	5,915	5,223	4,397	4,073
EBIT	1,867	3,352	4,711	11,094	7,066	6,210
EBIT Margin	1.23%	2.16%	3.10%	6.36%	4.33%	4.96%
Effective Tax Rate	-	45.28%	57.60%	20.59%	27.28%	19.89%
Advertising Expenses	-	11.64	8.11	9.14	28.15	35.29

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