SEOWONINTECH. 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	209,497	229,275	259,802	316,790	288,548	315,619
Other Revenue	-	-	-	-	-0	-
Revenue	209,497	229,275	259,802	316,790	288,548	315,619
Revenue Growth (YoY)	-9.78%	-11.75%	-17.99%	9.79%	-8.58%	7.00%
Cost of Revenue	188,299	206,750	238,266	279,892	265,160	285,573
Gross Profit	21,197	22,525	21,536	36,898	23,388	30,046
Selling, General & Admin	13,758	11,633	9,649	12,733	8,196	9,091
Research & Development	-394.01	76.16	-	780.48	971.21	1,256
Amortization of Goodwill & Intangibles	18.61	5.27	0.96	7.74	9.21	42.5
Other Operating Expenses	275.54	1,478	126.58	204.09	159.96	180.84
Operating Expenses	14,529	13,677	9,713	14,432	9,092	10,907
Operating Income	6,668	8,848	11,823	22,466	14,296	19,139
Interest Expense	-422.33	-313.53	-420.8	-204.49	-80.73	-77.61
Interest & Investment Income	4,311	4,835	4,192	2,206	828.69	1,482
Earnings From Equity Investments	-	-	-	-	2,694	-
Currency Exchange Gain (Loss)	2,522	6,046	890.47	4,687	5,333	-2,243
Other Non Operating Income (Expenses)	2,786	2,253	3,681	2,203	2,052	585.14
EBT Excluding Unusual Items	15,866	21,669	20,165	31,357	25,122	18,885
Gain (Loss) on Sale of Investments	-27.06	93.11	-	-	-	-
Gain (Loss) on Sale of Assets	28.66	33.47	8.93	16.48	31.89	3,748
Asset Writedown	-163.67	-	-	-155.45	-607.65	-
Pretax Income	15,704	21,795	20,174	31,218	24,546	22,633
Income Tax Expense	2,079	2,615	3,864	8,019	7,468	4,931
Earnings From Continuing Operations	13,625	19,181	16,309	23,199	17,078	17,702
Earnings From Discontinued Operations	189.05	-1,545	-1,795	-	-393.71	-772.83
Net Income to Company	13,814	17,636	14,514	23,199	16,684	16,929
Minority Interest in Earnings	694.74	15.48	-92.17	-226.57	-119.19	-172.82
Net Income	14,508	17,652	14,422	22,972	16,565	16,756
Net Income to Common	14,508	17,652	14,422	22,972	16,565	16,756
Net Income Growth	39.76%	22.39%	-37.22%	38.68%	-1.14%	34.04%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	0.02%	-	-	-	-	-
EPS (Basic)	779.95	949.01	775.38	1235.08	890.58	900.88
EPS (Diluted)	779.95	949.01	775.38	1235.08	890.58	900.88
EPS Growth	39.74%	22.39%	-37.22%	38.68%	-1.14%	34.04%
Free Cash Flow	13,784	36,437	19,311	16,131	3,670	18,743
Free Cash Flow Per Share	741.02	1958.97	1038.21	867.27	197.30	1007.70
Dividend Per Share	350.000	350.000	400.000	400.000	350.000	350.000
Dividend Growth	-12.50%	-12.50%	-	14.29%	-	16.67%
Gross Margin	10.12%	9.83%	8.29%	11.65%	8.11%	9.52%
Operating Margin	3.18%	3.86%	4.55%	7.09%	4.95%	6.06%
Profit Margin	6.93%	7.70%	5.55%	7.25%	5.74%	5.31%
Free Cash Flow Margin	6.58%	15.89%	7.43%	5.09%	1.27%	5.94%
EBITDA	11,255	12,843	15,363	26,249	19,343	25,211
EBITDA Margin	5.37%	5.60%	5.91%	8.29%	6.70%	7.99%
D&A For EBITDA	4,587	3,994	3,541	3,784	5,047	6,072
EBIT	6,668	8,848	11,823	22,466	14,296	19,139
EBIT Margin	3.18%	3.86%	4.55%	7.09%	4.95%	6.06%
Effective Tax Rate	13.24%	12.00%	19.16%	25.69%	30.43%	21.79%

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