TC Materials Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	-0	-	-0	-	-
Revenue	299,119	303,895	252,060	197,093	169,314
Revenue Growth (YoY)	-1.57%	20.57%	27.89%	16.41%	68.49%
Cost of Revenue	288,136	287,769	239,136	189,998	163,815
Gross Profit	10,983	16,127	12,924	7,095	5,499
Selling, General & Admin	3,486	4,387	3,538	3,988	4,330
Research & Development	472.84	512.3	468.67	194.38	25.28
Other Operating Expenses	70.35	163.1	139.04	179.19	126.74
Operating Expenses	4,184	5,200	4,236	4,462	4,560
Operating Income	6,799	10,927	8,689	2,633	938.97
Interest Expense	-408.5	-634.01	-1,070	-954.29	-939.8
Interest & Investment Income	203.22	220.51	82.34	38.55	39.97
Currency Exchange Gain (Loss)	63.49	14.21	3.69	41.91	20.56
Other Non Operating Income (Expenses)	-4,544	-2,326	33.45	-279.27	-761.45
EBT Excluding Unusual Items	2,114	8,201	7,738	1,480	-701.76
Gain (Loss) on Sale of Investments	-	27.51	-11.33	-8.46	-
Gain (Loss) on Sale of Assets	172.69	16.8	3.27	28.9	28.49
Pretax Income	2,286	8,246	7,730	1,501	-673.26
Income Tax Expense	611.7	1,973	-5,325	413.86	-455.99
Net Income	1,675	6,273	13,055	1,087	-217.28
Net Income to Common	1,675	6,273	13,055	1,087	-217.28
Net Income Growth	-73.30%	-51.95%	1101.18%	-	-
Shares Outstanding (Basic)	33	30	3	3	3
Shares Outstanding (Diluted)	33	30	3	3	3
Shares Change (YoY)	9.40%	975.94%	0.61%	-0.47%	21.21%
EPS (Basic)	51.00	209.00	4713.00	392.00	-78.00
EPS (Diluted)	51.00	209.00	4680.00	392.00	-78.00
EPS Growth	-75.60%	-95.53%	1093.88%	-	-
Free Cash Flow	-26,026	9,779	4,823	-3,203	166.15
Free Cash Flow Per Share	-792.65	325.81	1729.03	-1155.40	59.65
Gross Margin	3.67%	5.31%	5.13%	3.60%	3.25%
Operating Margin	2.27%	3.60%	3.45%	1.34%	0.56%
Profit Margin	0.56%	2.06%	5.18%	0.55%	-0.13%
Free Cash Flow Margin	-8.70%	3.22%	1.91%	-1.63%	0.10%
EBITDA	10,019	14,209	11,853	5,340	3,227
EBITDA Margin	3.35%	4.68%	4.70%	2.71%	1.91%
D&A For EBITDA	3,220	3,282	3,164	2,707	2,288
EBIT	6,799	10,927	8,689	2,633	938.97
EBIT Margin	2.27%	3.60%	3.45%	1.34%	0.56%
Effective Tax Rate	26.76%	23.93%	-	27.58%	-

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