Techwing, Inc. (KOSDAQ: 089030)

Techwing 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	0	-	-0	-0	-	-
Revenue	156,600	133,604	267,491	255,915	228,153	186,865
Revenue Growth (YoY)	-14.87%	-50.05%	4.52%	12.17%	22.10%	-3.53%
Cost of Revenue	98,576	84,283	158,317	169,149	144,959	122,804
Gross Profit	58,024	49,322	109,174	86,766	83,194	64,061
Selling, General & Admin	25,646	25,072	32,756	29,768	23,231	21,307
Research & Development	15,837	15,652	14,656	16,109	18,711	15,463
Operating Expenses	44,442	46,057	54,148	50,547	45,284	39,661
Operating Income	13,583	3,265	55,026	36,219	37,910	24,400
Interest Expense	-7,385	-5,674	-4,028	-3,014	-3,453	-4,791
Interest & Investment Income	1,122	1,168	955.89	735.53	855.92	997.53
Earnings From Equity Investments	-	-76.74	-	-	-	-10.47
Currency Exchange Gain (Loss)	148.08	-337.08	6,945	2,730	-1,709	-375.89
Other Non Operating Income (Expenses)	-24,710	-8,121	-11,999	-14,748	6,951	-7,845
EBT Excluding Unusual Items	-17,242	-9,776	46,900	21,923	40,555	12,375
Gain (Loss) on Sale of Investments	-	-	-	-	-	-19.78
Gain (Loss) on Sale of Assets	2,990	86.17	-1,104	2.56	103.48	420.37
Asset Writedown	-3,196	-3,196	-3,059	-	-	-667.79
Other Unusual Items	-	-	-	-	-	669.18
Pretax Income	-17,449	-12,886	42,737	21,926	40,659	12,777
Income Tax Expense	-4,903	-1,789	9,499	4,815	7,730	1,458
Earnings From Continuing Operations	-12,546	-11,097	33,238	17,110	32,928	11,320
Minority Interest in Earnings	514.28	1,788	-604.02	882.53	-872.72	-465.2
Net Income	-12,032	-9,310	32,634	17,993	32,056	10,854
Net Income to Common	-12,032	-9,310	32,634	17,993	32,056	10,854
Net Income Growth	-	-	81.37%	-43.87%	195.32%	-45.92%
Shares Outstanding (Basic)	36	36	37	37	37	37
Shares Outstanding (Diluted)	36	36	37	37	38	43
Shares Change (YoY)	-1.10%	-2.97%	-1.04%	-0.97%	-12.98%	8.68%
EPS (Basic)	-336.65	-260.48	885.97	483.42	856.05	292.21
EPS (Diluted)	-336.65	-260.48	885.97	483.00	853.00	257.38
EPS Growth	-	-	83.43%	-43.38%	231.41%	-51.21%
Free Cash Flow	-30,721	-27,667	72,480	-52,624	4,754	17,305
Free Cash Flow Per Share	-859.54	-774.11	1967.74	-1413.88	126.48	400.67
Dividend Per Share	130.000	130.000	130.000	115.000	115.000	115.000
Dividend Growth	0%	0%	13.04%	0%	0%	0%
Gross Margin	37.05%	36.92%	40.81%	33.90%	36.46%	34.28%
Operating Margin	8.67%	2.44%	20.57%	14.15%	16.62%	13.06%
Profit Margin	-7.68%	-6.97%	12.20%	7.03%	14.05%	5.81%
Free Cash Flow Margin	-19.62%	-20.71%	27.10%	-20.56%	2.08%	9.26%
EBITDA	23,913	13,534	66,275	46,696	47,055	32,410
EBITDA Margin	15.27%	10.13%	24.78%	18.25%	20.62%	17.34%
D&A For EBITDA	10,330	10,269	11,249	10,476	9,145	8,010
EBIT	13,583	3,265	55,026	36,219	37,910	24,400
EBIT Margin	8.67%	2.44%	20.57%	14.15%	16.62%	13.06%
Effective Tax Rate	-	-	22.23%	21.96%	19.01%	11.41%

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