S2W Inc. (KOSDAQ:488280)

S2W Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	9,795	9,612	6,267	4,125
Revenue Growth (YoY)	137.48%	53.37%	51.93%	-
Gross Profit	9,795	9,612	6,267	4,125
Selling, General & Admin	11,558	11,685	9,583	7,971
Research & Development	1,375	1,375	1,355	1,475
Amortization of Goodwill & Intangibles	26.34	26.34	14.35	6.7
Other Operating Expenses	37.26	37.26	33.93	21.79
Operating Expenses	13,982	14,109	11,938	10,362
Operating Income	-4,186	-4,498	-5,671	-6,238
Interest Expense	-2,594	-2,594	-2,022	-1,525
Interest & Investment Income	311.13	311.13	361.91	255.21
Earnings From Equity Investments	-53.5	-116.95	-33.05	-
Currency Exchange Gain (Loss)	22.54	22.54	0.17	0.84
Other Non Operating Income (Expenses)	-7,635	-7,227	-5,202	-2,483
EBT Excluding Unusual Items	-14,135	-14,102	-12,566	-9,990
Gain (Loss) on Sale of Assets	-0.69	-0.69	-7.59	-1.12
Pretax Income	-14,136	-14,103	-12,574	-9,991
Net Income	-14,136	-14,103	-12,574	-9,991
Net Income to Common	-14,136	-14,103	-12,574	-9,991
Shares Outstanding (Basic)	7	5	5	5
Shares Outstanding (Diluted)	7	5	5	5
Shares Change (YoY)	50.19%	5.00%	3.26%	-
EPS (Basic)	-2004.47	-2770.11	-2593.26	-2127.81
EPS (Diluted)	-2004.47	-2770.11	-2593.26	-2127.81
Free Cash Flow	-3,157	-3,795	-2,606	-3,295
Free Cash Flow Per Share	-447.61	-745.33	-537.43	-701.68
Gross Margin	100.00%	100.00%	100.00%	100.00%
Operating Margin	-42.74%	-46.79%	-90.50%	-151.23%
Profit Margin	-144.31%	-146.73%	-200.64%	-242.22%
Free Cash Flow Margin	-32.23%	-39.48%	-41.58%	-79.88%
EBITDA	-3,154	-3,486	-4,701	-5,347
EBITDA Margin	-32.19%	-36.27%	-75.02%	-129.62%
D&A For EBITDA	1,033	1,012	970.2	891.11
EBIT	-4,186	-4,498	-5,671	-6,238
EBIT Margin	-42.74%	-46.79%	-90.50%	-151.23%
Advertising Expenses	-	419.92	333.74	194.54

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