Bokwang Industry Co., Ltd. (KOSDAQ:225530)

Bokwang Industry 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	56,846	63,877	85,460	87,471	71,898	56,898
Other Revenue	-0	-	-0	-0	-0	-
Revenue	56,846	63,877	85,460	87,471	71,898	56,898
Revenue Growth (YoY)	-28.36%	-25.25%	-2.30%	21.66%	26.36%	14.33%
Cost of Revenue	44,442	47,800	59,445	64,726	52,374	41,764
Gross Profit	12,404	16,077	26,016	22,745	19,524	15,134
Selling, General & Admin	5,535	5,685	5,805	6,085	5,267	4,772
Other Operating Expenses	624.9	632.47	581.14	603.52	331.26	255.36
Operating Expenses	7,542	7,496	7,150	7,365	6,063	5,516
Operating Income	4,862	8,581	18,865	15,380	13,461	9,618
Interest Expense	-3,774	-3,515	-1,495	-1,105	-974.34	-1,024
Interest & Investment Income	2,141	1,956	1,159	659.64	667.16	1,191
Earnings From Equity Investments	-8.88	-8.88	-	-	-	-
Currency Exchange Gain (Loss)	-2.34	-0.33	-0.1	3.99	14.9	-15.56
Other Non Operating Income (Expenses)	-1,136	-1,179	72.05	121.65	-301.13	173
EBT Excluding Unusual Items	2,082	5,835	18,602	15,061	12,868	9,944
Gain (Loss) on Sale of Investments	-342.96	751.33	2,155	185.38	243.61	92.51
Gain (Loss) on Sale of Assets	126.77	107.54	83.91	325.16	732.34	-67.42
Asset Writedown	-	-	-	-22.5	-882.26	-62.5
Pretax Income	1,866	6,693	20,841	15,549	12,961	9,906
Income Tax Expense	510.08	1,455	4,178	3,474	3,171	1,324
Earnings From Continuing Operations	1,356	5,239	16,662	12,075	9,791	8,583
Minority Interest in Earnings	-	-	-	-	320.69	-
Net Income	1,356	5,239	16,662	12,075	10,111	8,583
Net Income to Common	1,356	5,239	16,662	12,075	10,111	8,583
Net Income Growth	-90.33%	-68.56%	37.99%	19.42%	17.81%	37.02%
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36	36
Shares Change (YoY)	-2.52%	-	-	-	0.00%	1.52%
EPS (Basic)	37.31	144.17	458.53	332.28	278.25	237.10
EPS (Diluted)	37.31	144.00	458.53	332.00	278.25	236.46
EPS Growth	-90.19%	-68.59%	38.11%	19.31%	17.68%	35.12%
Free Cash Flow	9,622	10,264	1,592	17,746	16,742	-3,356
Free Cash Flow Per Share	264.78	282.46	43.81	488.36	460.73	-92.36
Dividend Per Share	300.000	300.000	-	-	-	-
Gross Margin	21.82%	25.17%	30.44%	26.00%	27.16%	26.60%
Operating Margin	8.55%	13.43%	22.07%	17.58%	18.72%	16.91%
Profit Margin	2.38%	8.20%	19.50%	13.80%	14.06%	15.08%
Free Cash Flow Margin	16.93%	16.07%	1.86%	20.29%	23.29%	-5.90%
EBITDA	13,846	17,712	28,058	24,336	21,642	17,746
EBITDA Margin	24.36%	27.73%	32.83%	27.82%	30.10%	31.19%
D&A For EBITDA	8,984	9,131	9,192	8,956	8,181	8,128
EBIT	4,862	8,581	18,865	15,380	13,461	9,618
EBIT Margin	8.55%	13.43%	22.07%	17.58%	18.72%	16.91%
Effective Tax Rate	27.34%	21.73%	20.05%	22.34%	24.46%	13.36%
Advertising Expenses	-	94.15	316.39	70.61	20.66	29

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