Techwing, Inc. (KOSDAQ:089030)

Techwing 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	179,755	185,507	133,604	267,491	255,915	228,153
Other Revenue	-	-0	-	-0	-0	-
Revenue	179,755	185,507	133,604	267,491	255,915	228,153
Revenue Growth (YoY)	23.70%	38.85%	-50.05%	4.52%	12.17%	22.10%
Cost of Revenue	109,821	114,185	84,283	158,317	169,149	144,959
Gross Profit	69,934	71,322	49,322	109,174	86,766	83,194
Selling, General & Admin	26,866	26,232	25,072	32,756	29,768	23,231
Research & Development	18,591	18,667	15,652	14,656	16,109	18,711
Operating Expenses	49,914	47,512	46,057	54,148	50,547	45,284
Operating Income	20,020	23,810	3,265	55,026	36,219	37,910
Interest Expense	-8,545	-8,373	-5,674	-4,028	-3,014	-3,453
Interest & Investment Income	689.62	850.6	1,168	955.89	735.53	855.92
Earnings From Equity Investments	-	-	-76.74	-	-	-
Currency Exchange Gain (Loss)	1,164	404.96	-337.08	6,945	2,730	-1,709
Other Non Operating Income (Expenses)	-34,208	-47,046	-8,121	-11,999	-14,748	6,951
EBT Excluding Unusual Items	-20,879	-30,354	-9,776	46,900	21,923	40,555
Gain (Loss) on Sale of Assets	2,370	2,945	86.17	-1,104	2.56	103.48
Asset Writedown	-8,010	-8,009	-3,196	-3,059	-	-
Pretax Income	-26,520	-35,418	-12,886	42,737	21,926	40,659
Income Tax Expense	-11,178	-13,447	-1,789	9,499	4,815	7,730
Earnings From Continuing Operations	-15,343	-21,970	-11,097	33,238	17,110	32,928
Minority Interest in Earnings	1,386	1,089	1,788	-604.02	882.53	-872.72
Net Income	-13,956	-20,881	-9,310	32,634	17,993	32,056
Net Income to Common	-13,956	-20,881	-9,310	32,634	17,993	32,056
Net Income Growth	-	-	-	81.37%	-43.87%	195.32%
Shares Outstanding (Basic)	36	36	36	37	37	37
Shares Outstanding (Diluted)	36	36	36	37	37	38
Shares Change (YoY)	-	-	-2.97%	-1.04%	-0.97%	-12.98%
EPS (Basic)	-390.49	-584.25	-260.48	885.97	483.42	856.05
EPS (Diluted)	-390.49	-584.25	-260.48	885.97	483.00	853.00
EPS Growth	-	-	-	83.43%	-43.38%	231.41%
Free Cash Flow	-17,736	-19,495	-27,667	72,480	-52,624	4,754
Free Cash Flow Per Share	-496.26	-545.47	-774.11	1967.74	-1413.88	126.48
Dividend Per Share	130.000	130.000	130.000	130.000	115.000	115.000
Dividend Growth	-	-	-	13.04%	-	-
Gross Margin	38.91%	38.45%	36.92%	40.81%	33.90%	36.46%
Operating Margin	11.14%	12.83%	2.44%	20.57%	14.15%	16.62%
Profit Margin	-7.76%	-11.26%	-6.97%	12.20%	7.03%	14.05%
Free Cash Flow Margin	-9.87%	-10.51%	-20.71%	27.10%	-20.56%	2.08%
EBITDA	33,573	36,017	13,534	66,275	46,696	47,055
EBITDA Margin	18.68%	19.42%	10.13%	24.78%	18.25%	20.62%
D&A For EBITDA	13,553	12,208	10,269	11,249	10,476	9,145
EBIT	20,020	23,810	3,265	55,026	36,219	37,910
EBIT Margin	11.14%	12.83%	2.44%	20.57%	14.15%	16.62%
Effective Tax Rate	-	-	-	22.23%	21.96%	19.01%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.