Sewon Co.,Ltd (KOSDAQ: 234100)

Sewon Co.,Ltd Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	176,060	160,350	176,741	97,537	72,066	81,394
Other Revenue	0	-	-0	-0	-	-0
Revenue	176,060	160,350	176,741	97,537	72,066	81,394
Revenue Growth (YoY)	8.98%	-9.27%	81.20%	35.34%	-11.46%	42.32%
Cost of Revenue	142,495	132,338	146,380	84,736	57,960	65,606
Gross Profit	33,565	28,013	30,362	12,801	14,106	15,789
Selling, General & Admin	22,802	17,778	17,149	13,002	7,464	6,912
Research & Development	1,259	917.08	805.53	600.22	631.22	819.34
Other Operating Expenses	444.1	433.87	435.01	401.68	182.23	219.92
Operating Expenses	26,702	20,649	21,713	14,688	9,527	9,442
Operating Income	6,863	7,364	8,649	-1,887	4,579	6,347
Interest Expense	-1,399	-1,503	-2,342	-1,732	-1,468	-1,594
Interest & Investment Income	3,953	4,020	1,488	465.86	95.41	145.42
Earnings From Equity Investments	1,831	3,631	855.06	612.72	-863.54	-896.93
Currency Exchange Gain (Loss)	2,650	930	1,870	2,371	-221.25	248.61
Other Non Operating Income (Expenses)	2,198	3,264	-3,805	-2,499	1,982	-453.75
EBT Excluding Unusual Items	16,096	17,706	6,714	-2,668	4,103	3,797
Gain (Loss) on Sale of Investments	465.69	665.31	-1,965	10,751	7,365	-877.35
Gain (Loss) on Sale of Assets	-1,084	-977.83	-296.69	254.85	94.5	106.62
Asset Writedown	-1,279	-1,279	-	-	-	-94.95
Other Unusual Items	-0	-40.37	1,057	-	-	-
Pretax Income	14,198	16,074	5,509	8,338	11,563	2,931
Income Tax Expense	5,113	3,865	1,597	71.23	2,019	-381.14
Earnings From Continuing Operations	9,085	12,208	3,912	8,266	9,544	3,312
Net Income to Company	9,085	12,208	3,912	8,266	9,544	3,312
Minority Interest in Earnings	-3,656	-7,904	-2,061	-1,154	-1,440	-1,779
Net Income	5,429	4,305	1,851	7,113	8,104	1,533
Net Income to Common	5,429	4,305	1,851	7,113	8,104	1,533
Net Income Growth	109.04%	132.56%	-73.98%	-12.23%	428.46%	16.62%
Shares Outstanding (Basic)	54	52	40	32	24	22
Shares Outstanding (Diluted)	55	59	40	32	28	22
Shares Change (YoY)	-1.96%	48.21%	24.83%	12.62%	25.99%	7.49%
EPS (Basic)	100.07	83.36	46.69	223.95	341.07	68.51
EPS (Diluted)	80.94	61.81	46.69	223.95	320.78	68.51
EPS Growth	63.92%	32.38%	-79.15%	-30.18%	368.22%	8.49%
Free Cash Flow	12,656	12,965	5,327	-4,728	-4,656	2,410
Free Cash Flow Per Share	229.03	220.67	134.36	-148.87	-165.10	107.69
Gross Margin	19.06%	17.47%	17.18%	13.12%	19.57%	19.40%
Operating Margin	3.90%	4.59%	4.89%	-1.93%	6.35%	7.80%
Profit Margin	3.08%	2.68%	1.05%	7.29%	11.24%	1.88%
Free Cash Flow Margin	7.19%	8.09%	3.01%	-4.85%	-6.46%	2.96%
EBITDA	12,070	12,323	14,096	2,817	8,551	10,508
EBITDA Margin	6.86%	7.69%	7.98%	2.89%	11.87%	12.91%
D&A For EBITDA	5,207	4,960	5,448	4,704	3,972	4,161
EBIT	6,863	7,364	8,649	-1,887	4,579	6,347
EBIT Margin	3.90%	4.59%	4.89%	-1.93%	6.35%	7.80%
Effective Tax Rate	36.01%	24.05%	28.98%	0.85%	17.46%	-
Advertising Expenses	-	18.57	10.55	0.42	4	-

Source: S&P Capital IQ. Standard template. Financial Sources.