WITHTECH Co., LTD. (KOSDAQ: 348350)

WITHTECH 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	44,144	49,561	72,606	68,307	55,617	58,862
Other Revenue	-	-0	-0	-	-	-0
Revenue	44,144	49,561	72,606	68,307	55,617	58,862
Revenue Growth (YoY)	-28.78%	-31.74%	6.29%	22.82%	-5.51%	36.18%
Cost of Revenue	28,990	31,946	42,102	44,929	34,122	35,354
Gross Profit	15,154	17,615	30,504	23,379	21,495	23,509
Selling, General & Admin	6,849	8,866	9,188	8,109	7,324	5,510
Research & Development	4,950	5,159	5,857	5,442	4,554	3,877
Other Operating Expenses	375.16	393.32	315.77	280.98	203.92	140.16
Operating Expenses	12,996	15,191	15,995	14,533	12,629	11,554
Operating Income	2,158	2,425	14,509	8,845	8,866	11,955
Interest Expense	-426.24	-396.29	-263.21	-181.66	-186.52	-146.93
Interest & Investment Income	2,921	2,931	1,596	528.52	377.81	435.25
Currency Exchange Gain (Loss)	-468.13	438.04	1,693	1,579	-1,011	428.14
Other Non Operating Income (Expenses)	148.35	277.77	-3,119	635.27	585.97	361.63
EBT Excluding Unusual Items	4,333	5,675	14,415	11,406	8,632	13,033
Gain (Loss) on Sale of Investments	365.67	724.92	-512.91	404.53	1,006	208.15
Gain (Loss) on Sale of Assets	-5.5	-2.48	-0	-	-	7.3
Pretax Income	4,693	6,398	13,902	11,811	9,638	13,249
Income Tax Expense	-438	65.78	1,657	916.66	1,151	1,634
Net Income	5,131	6,332	12,245	10,894	8,488	11,615
Net Income to Common	5,131	6,332	12,245	10,894	8,488	11,615
Net Income Growth	-20.01%	-48.29%	12.40%	28.35%	-26.93%	150.64%
Shares Outstanding (Basic)	10	10	10	10	8	8
Shares Outstanding (Diluted)	10	10	10	10	8	8
Shares Change (YoY)	-0.25%	-0.76%	-0.62%	21.24%	7.35%	3812.50%
EPS (Basic)	511.86	630.44	1210.00	1069.78	1010.47	1484.37
EPS (Diluted)	511.86	630.44	1210.00	1069.78	1010.00	1484.37
EPS Growth	-19.81%	-47.90%	13.11%	5.92%	-31.96%	-93.59%
Free Cash Flow	-1,562	-16,252	22,118	8,577	4,282	16,939
Free Cash Flow Per Share	-155.81	-1618.11	2185.52	842.20	509.83	2164.73
Gross Margin	34.33%	35.54%	42.01%	34.23%	38.65%	39.94%
Operating Margin	4.89%	4.89%	19.98%	12.95%	15.94%	20.31%
Profit Margin	11.62%	12.78%	16.87%	15.95%	15.26%	19.73%
Free Cash Flow Margin	-3.54%	-32.79%	30.46%	12.56%	7.70%	28.78%
EBITDA	3,248	3,486	15,454	9,705	9,603	12,579
EBITDA Margin	7.36%	7.03%	21.29%	14.21%	17.27%	21.37%
D&A For EBITDA	1,090	1,061	945.52	859.65	737.74	623.32
EBIT	2,158	2,425	14,509	8,845	8,866	11,955
EBIT Margin	4.89%	4.89%	19.98%	12.95%	15.94%	20.31%
Effective Tax Rate	-	1.03%	11.92%	7.76%	11.94%	12.33%
Advertising Expenses	-	34.9	71.43	10.47	83.96	58.23

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