Taesung 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	49,018	59,212	33,339	61,248	43,940
Other Revenue	0	-0	-	-0	-0
Revenue	49,018	59,212	33,339	61,248	43,940
Revenue Growth (YoY)	24.85%	77.61%	-45.57%	39.39%	-
Cost of Revenue	38,974	44,838	28,170	50,696	34,520
Gross Profit	10,044	14,374	5,169	10,552	9,420
Selling, General & Admin	6,506	6,506	5,689	5,766	3,994
Research & Development	1,117	1,296	579.16	669.55	418.24
Other Operating Expenses	64.42	56.59	43.53	66.79	25.48
Operating Expenses	7,651	8,336	5,855	8,239	4,795
Operating Income	2,392	6,038	-685.71	2,314	4,625
Interest Expense	-255.12	-324.17	-430.41	-365.26	-1,653
Interest & Investment Income	384.01	227.15	134.07	141.1	11.93
Earnings From Equity Investments	-	-	-256.54	123.27	11.16
Currency Exchange Gain (Loss)	634.91	984.94	301.03	943.84	358.26
Other Non Operating Income (Expenses)	126.02	129.31	10.32	-2,725	6,783
EBT Excluding Unusual Items	3,282	7,055	-927.23	431.22	10,136
Gain (Loss) on Sale of Investments	-	-	-	-0.72	6.47
Gain (Loss) on Sale of Assets	8.64	8.64	-1.41	80.33	30
Asset Writedown	-	-	-281.56	-	-
Pretax Income	3,291	7,064	-1,210	510.84	10,172
Income Tax Expense	954.8	1,095	206.39	968.22	921.75
Net Income	2,336	5,968	-1,417	-457.38	9,251
Net Income to Common	2,336	5,968	-1,417	-457.38	9,251
Shares Outstanding (Basic)	26	26	25	23	13
Shares Outstanding (Diluted)	26	26	25	23	13
Shares Change (YoY)	6.17%	4.20%	9.34%	69.26%	-
EPS (Basic)	89.24	233.38	-57.34	-20.24	692.92
EPS (Diluted)	88.48	232.00	-57.34	-20.24	692.92
Free Cash Flow	-18,227	-14,050	5,072	-4,820	6,784
Free Cash Flow Per Share	-691.84	-545.75	205.30	-213.32	508.17
Gross Margin	20.49%	24.27%	15.50%	17.23%	21.44%
Operating Margin	4.88%	10.20%	-2.06%	3.78%	10.53%
Profit Margin	4.76%	10.08%	-4.25%	-0.75%	21.05%
Free Cash Flow Margin	-37.19%	-23.73%	15.21%	-7.87%	15.44%
EBITDA	3,772	7,409	341.86	3,400	5,685
EBITDA Margin	7.70%	12.51%	1.03%	5.55%	12.94%
D&A For EBITDA	1,380	1,372	1,028	1,087	1,060
EBIT	2,392	6,038	-685.71	2,314	4,625
EBIT Margin	4.88%	10.20%	-2.06%	3.78%	10.53%
Effective Tax Rate	29.02%	15.51%	-	189.53%	9.06%
Advertising Expenses	-	211.38	199.72	51.83	33.68

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.