COTS Technology Co., Ltd. (KOSDAQ:448710)

COTS Technology 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	70,337	64,981	51,300	41,836	31,899	24,740
Other Revenue	-	-	-0	-0	-0	-
Revenue	70,337	64,981	51,300	41,836	31,899	24,740
Revenue Growth (YoY)	25.05%	26.67%	22.62%	31.15%	28.94%	6.30%
Cost of Revenue	55,717	51,324	38,027	35,386	25,742	21,315
Gross Profit	14,620	13,657	13,273	6,450	6,157	3,424
Selling, General & Admin	3,237	3,366	3,335	2,032	1,896	1,247
Research & Development	431.88	473.48	929.32	1,489	1,413	710.77
Amortization of Goodwill & Intangibles	215.8	218.8	150.15	87.68	115.11	124.76
Other Operating Expenses	-	-	-	-	-	10.55
Operating Expenses	4,049	4,177	4,472	3,664	3,466	2,116
Operating Income	10,571	9,479	8,801	2,786	2,691	1,308
Interest Expense	-138.31	-184.48	-335.31	-111.18	-55.3	-7.28
Interest & Investment Income	375.5	514.48	253.18	77.8	43.83	127.95
Currency Exchange Gain (Loss)	-4.29	-68.26	-35.99	-22.91	-17.24	9.49
Other Non Operating Income (Expenses)	93.97	32.08	15.46	46.24	105.17	146.13
EBT Excluding Unusual Items	10,898	9,773	8,699	2,776	2,767	1,585
Gain (Loss) on Sale of Investments	24.31	2.89	2.9	-	-	-
Gain (Loss) on Sale of Assets	-0.11	-0.09	0.03	15.81	-90.42	-0.3
Asset Writedown	-	-	-	-5.75	-19.35	-
Pretax Income	10,922	9,776	8,701	2,786	2,658	1,584
Income Tax Expense	1,717	1,602	1,688	489	385.36	189.61
Net Income	9,205	8,174	7,013	2,297	2,272	1,395
Net Income to Common	9,205	8,174	7,013	2,297	2,272	1,395
Net Income Growth	9.79%	16.55%	205.38%	1.07%	62.90%	-66.64%
Shares Outstanding (Basic)	4	4	4	3	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	4.02%	18.09%	6.65%	-10.73%	-11.33%	-11.74%
EPS (Basic)	2069.24	1872.76	1906.00	682.00	619.00	313.00
EPS (Diluted)	2053.83	1840.00	1864.00	651.00	575.00	313.00
EPS Growth	5.57%	-1.29%	186.33%	13.22%	83.71%	-62.20%
Free Cash Flow	-838.75	-8,017	6,016	128.75	3,692	-1,626
Free Cash Flow Per Share	-187.10	-1804.30	1598.91	36.50	934.40	-364.90
Gross Margin	20.79%	21.02%	25.87%	15.42%	19.30%	13.84%
Operating Margin	15.03%	14.59%	17.16%	6.66%	8.44%	5.29%
Profit Margin	13.09%	12.58%	13.67%	5.49%	7.12%	5.64%
Free Cash Flow Margin	-1.19%	-12.34%	11.73%	0.31%	11.58%	-6.57%
EBITDA	11,722	10,484	9,500	3,350	3,294	1,624
EBITDA Margin	16.67%	16.13%	18.52%	8.01%	10.33%	6.56%
D&A For EBITDA	1,151	1,005	698.93	564.62	603.36	315.18
EBIT	10,571	9,479	8,801	2,786	2,691	1,308
EBIT Margin	15.03%	14.59%	17.16%	6.66%	8.44%	5.29%
Effective Tax Rate	15.72%	16.39%	19.40%	17.55%	14.50%	11.97%

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