SolarWinds 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	31,257	32,392	47,191	38,457
Other Revenue	-0	-0	-	-
Revenue	31,257	32,392	47,191	38,457
Revenue Growth (YoY)	-30.37%	-31.36%	22.71%	-
Cost of Revenue	23,784	24,771	33,832	29,202
Gross Profit	7,473	7,621	13,358	9,255
Selling, General & Admin	5,541	6,616	5,002	4,317
Research & Development	3,513	3,453	1,885	1,292
Other Operating Expenses	373.42	394	104.72	62.72
Operating Expenses	11,669	11,383	7,914	6,224
Operating Income	-4,196	-3,762	5,444	3,030
Interest Expense	-1,037	-681	-529.63	-373.11
Interest & Investment Income	66.43	80.99	344.47	10.89
Earnings From Equity Investments	-1.68	-0.85	-	-
Currency Exchange Gain (Loss)	300.38	323.56	-31.62	-4.92
Other Non Operating Income (Expenses)	-50.91	-28.62	-33.18	-44.11
EBT Excluding Unusual Items	-4,919	-4,068	5,194	2,619
Gain (Loss) on Sale of Investments	98.72	82.86	39.92	15.55
Gain (Loss) on Sale of Assets	-	-	-	1,664
Asset Writedown	-	-	-	-14
Pretax Income	-4,820	-3,985	5,234	4,285
Income Tax Expense	-293.88	-279.27	356.79	144.93
Net Income	-4,526	-3,706	4,878	4,140
Net Income to Common	-4,526	-3,706	4,878	4,140
Net Income Growth	-	-	17.82%	-
Shares Outstanding (Basic)	20	20	19	17
Shares Outstanding (Diluted)	20	20	20	18
Shares Change (YoY)	-1.61%	-1.23%	10.55%	-
EPS (Basic)	-229.10	-188.86	258.86	243.16
EPS (Diluted)	-229.28	-189.00	246.00	230.00
EPS Growth	-	-	6.96%	-
Free Cash Flow	-27,956	-22,999	-19,026	-9,152
Free Cash Flow Per Share	-1415.05	-1172.02	-957.66	-509.30
Gross Margin	23.91%	23.53%	28.31%	24.07%
Operating Margin	-13.42%	-11.62%	11.54%	7.88%
Profit Margin	-14.48%	-11.44%	10.34%	10.76%
Free Cash Flow Margin	-89.44%	-71.00%	-40.32%	-23.80%
EBITDA	-1,372	-1,041	7,798	4,591
EBITDA Margin	-4.39%	-3.21%	16.52%	11.94%
D&A For EBITDA	2,824	2,722	2,353	1,561
EBIT	-4,196	-3,762	5,444	3,030
EBIT Margin	-13.42%	-11.62%	11.54%	7.88%
Effective Tax Rate	-	-	6.82%	3.38%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.