Miwon Commercial Co., Ltd. (KRX:002840)

Miwon Commercial 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	440,245	435,798	421,367	438,188	359,795	294,984
Other Revenue	-0	-0	-0	-0	-0	-
Revenue	440,245	435,798	421,367	438,188	359,795	294,984
Revenue Growth (YoY)	3.07%	3.43%	-3.84%	21.79%	21.97%	18.00%
Cost of Revenue	350,790	336,268	320,569	330,541	275,525	227,315
Gross Profit	89,455	99,530	100,798	107,647	84,270	67,669
Selling, General & Admin	24,374	24,156	20,980	19,720	17,381	15,637
Research & Development	16,399	15,212	12,067	10,353	9,155	8,573
Other Operating Expenses	593.26	568.63	438.1	387.05	312.5	318.88
Operating Expenses	41,653	39,584	33,559	30,632	27,115	24,785
Operating Income	47,802	59,946	67,239	77,016	57,155	42,884
Interest Expense	-5.77	-2	-2.67	-77.11	-4.36	-114.12
Interest & Investment Income	1,720	1,506	1,336	451.59	454.4	368.28
Earnings From Equity Investments	1,587	-7,307	4,687	7,686	9,927	16,658
Currency Exchange Gain (Loss)	-523.26	3,626	203.6	730.02	1,539	-892.53
Other Non Operating Income (Expenses)	3,389	2,666	2,499	2,154	2,037	3,259
EBT Excluding Unusual Items	53,969	60,434	75,961	87,959	71,107	62,163
Gain (Loss) on Sale of Investments	-	-	-	-0.35	-108.85	-0.36
Gain (Loss) on Sale of Assets	16.84	34.17	37.98	-16.19	-125.44	92.32
Asset Writedown	-58.37	1.78	134.92	-117.18	395.69	244.29
Pretax Income	53,927	60,470	76,134	87,825	71,268	62,499
Income Tax Expense	9,263	9,921	15,118	15,610	13,525	10,651
Earnings From Continuing Operations	44,664	50,549	61,016	72,216	57,743	51,848
Net Income to Company	44,664	50,549	61,016	72,216	57,743	51,848
Net Income	44,664	50,549	61,016	72,216	57,743	51,848
Net Income to Common	44,664	50,549	61,016	72,216	57,743	51,848
Net Income Growth	-24.77%	-17.15%	-15.51%	25.06%	11.37%	66.59%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	-1.79%	-1.94%	-2.41%	-1.31%	-0.80%	-0.99%
EPS (Basic)	9613.80	10789.62	12771.11	14751.67	11641.29	10369.34
EPS (Diluted)	9613.80	10789.62	12771.11	14751.67	11641.29	10369.34
EPS Growth	-23.39%	-15.52%	-13.43%	26.72%	12.27%	68.26%
Free Cash Flow	26,941	29,980	37,661	29,374	25,629	12,409
Free Cash Flow Per Share	5799.03	6399.13	7882.69	6000.22	5167.04	2481.67
Dividend Per Share	2500.000	2000.000	-	-	-	-
Gross Margin	20.32%	22.84%	23.92%	24.57%	23.42%	22.94%
Operating Margin	10.86%	13.76%	15.96%	17.58%	15.88%	14.54%
Profit Margin	10.14%	11.60%	14.48%	16.48%	16.05%	17.58%
Free Cash Flow Margin	6.12%	6.88%	8.94%	6.70%	7.12%	4.21%
EBITDA	85,495	93,087	97,758	104,396	81,257	61,166
EBITDA Margin	19.42%	21.36%	23.20%	23.82%	22.58%	20.73%
D&A For EBITDA	37,694	33,141	30,520	27,380	24,102	18,282
EBIT	47,802	59,946	67,239	77,016	57,155	42,884
EBIT Margin	10.86%	13.76%	15.96%	17.58%	15.88%	14.54%
Effective Tax Rate	17.18%	16.41%	19.86%	17.77%	18.98%	17.04%
Advertising Expenses	-	73.23	109.78	56.18	16.38	35.07

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.