TSE Co., Ltd Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Revenue	567,703	428,901	348,053	249,148	339,264	307,663
Other Revenue	-0	-0	-0	-	-	-
Revenue	567,703	428,901	348,053	249,148	339,264	307,663
Revenue Growth	36.98%	23.23%	39.70%	-26.56%	10.27%	7.76%
Cost of Revenue	372,184	308,803	261,049	215,558	239,867	209,839
Gross Profit	195,519	120,098	87,005	33,590	99,397	97,824
Selling, General & Admin	66,403	56,951	42,322	32,545	39,468	39,481
Amortization of Goodwill & Intangibles	1,256	1,053	1,504	1,556	1,470	1,645
Other Operating Expenses	1,205	1,264	893.73	575.03	625.46	666.44
Operating Expenses	70,485	71,572	47,107	35,970	42,771	43,179
Operating Income	125,034	48,526	39,897	-2,380	56,626	54,645
Interest Expense	-2,794	-2,464	-2,093	-1,993	-1,349	-659.19
Interest & Investment Income	2,041	2,057	3,070	2,544	1,873	615.52
Earnings From Equity Investments	398.46	625.69	-339.89	-41.75	580.79	662.76
Currency Exchange Gain (Loss)	21,904	-3,056	15,361	746.79	5,564	8,504
Other Non Operating Income (Expenses)	263.66	2,633	-1,394	-863.08	682.23	-386.14
EBT Excluding Unusual Items	146,849	48,321	54,500	-1,987	63,977	63,381
Gain (Loss) on Sale of Investments	529.11	-184.1	802.28	-1,321	1,736	2,611
Gain (Loss) on Sale of Assets	-117.08	88.53	224.57	-35.42	-189.25	149.76
Asset Writedown	-634.23	-654.23	-80	-50	-122.44	-2,019
Other Unusual Items	90.55	90.55	30.01	-	-	-
Pretax Income	146,717	47,662	55,477	-3,393	65,402	64,124
Income Tax Expense	30,644	7,618	10,446	-1,298	12,036	20,889
Earnings From Continuing Operations	116,073	40,044	45,032	-2,095	53,365	43,235
Minority Interest in Earnings	-11,419	-1,814	-2,555	2,216	-3,546	1,486
Net Income	104,654	38,230	42,476	120.91	49,819	44,721
Net Income to Common	104,654	38,230	42,476	120.91	49,819	44,721
Net Income Growth	147.21%	-10.00%	35029.34%	-99.76%	11.40%	64.53%
Shares Outstanding (Basic)	11	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11	11
Shares Change	1.82%	0.99%	0.25%	-0.80%	1.50%	1.67%
EPS (Basic)	9529.91	3525.51	3955.86	11.29	4614.01	4203.99
EPS (Diluted)	9529.91	3525.51	3955.86	11.00	4614.00	4203.99
EPS Growth	142.80%	-10.88%	35862.33%	-99.76%	9.75%	61.83%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	14,493	1,424	2,782	-46,179	5,234	10,110
Free Cash Flow Per Share	1319.78	131.31	259.07	-4311.47	484.76	950.34
Dividend Per Share	450.000	450.000	400.000	-	-	500.000
Dividend Growth	12.50%	12.50%	-	-	-	-
Gross Margin	34.44%	28.00%	25.00%	13.48%	29.30%	31.80%
Operating Margin	22.02%	11.31%	11.46%	-0.95%	16.69%	17.76%
Profit Margin	18.44%	8.91%	12.20%	0.05%	14.69%	14.54%
Free Cash Flow Margin	2.55%	0.33%	0.80%	-18.54%	1.54%	3.29%
EBITDA	160,024	79,947	67,570	23,931	80,028	76,024
EBITDA Margin	28.19%	18.64%	19.41%	9.61%	23.59%	24.71%
D&A For EBITDA	34,990	31,421	27,673	26,311	23,402	21,379
EBIT	125,034	48,526	39,897	-2,380	56,626	54,645
EBIT Margin	22.02%	11.31%	11.46%	-0.95%	16.69%	17.76%
Effective Tax Rate	20.89%	15.98%	18.83%	-	18.40%	32.57%
Advertising Expenses	-	770.93	384.13	481.61	300.71	142.83