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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	440,094	435,798	421,367	438,188	359,795	294,984
Other Revenue	0	-0	-0	-0	-0	-
Revenue	440,094	435,798	421,367	438,188	359,795	294,984
Revenue Growth (YoY)	5.31%	3.43%	-3.84%	21.79%	21.97%	18.00%
Cost of Revenue	342,503	336,268	320,569	330,541	275,525	227,315
Gross Profit	97,591	99,530	100,798	107,647	84,270	67,669
Selling, General & Admin	24,291	24,156	20,980	19,720	17,381	15,637
Research & Development	15,541	15,212	12,067	10,353	9,155	8,573
Other Operating Expenses	568.84	568.63	438.1	387.05	312.5	318.88
Operating Expenses	40,112	39,584	33,559	30,632	27,115	24,785
Operating Income	57,479	59,946	67,239	77,016	57,155	42,884
Interest Expense	-3.99	-2	-2.67	-77.11	-4.36	-114.12
Interest & Investment Income	1,779	1,506	1,336	451.59	454.4	368.28
Earnings From Equity Investments	1,590	-7,307	4,687	7,686	9,927	16,658
Currency Exchange Gain (Loss)	2,907	3,626	203.6	730.02	1,539	-892.53
Other Non Operating Income (Expenses)	2,821	2,666	2,499	2,154	2,037	3,259
EBT Excluding Unusual Items	66,571	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	60.33	34.17	37.98	-16.19	-125.44	92.32
Asset Writedown	1.78	1.78	134.92	-117.18	395.69	244.29
Pretax Income	66,633	60,470	76,134	87,825	71,268	62,499
Income Tax Expense	11,538	9,921	15,118	15,610	13,525	10,651
Earnings From Continuing Operations	55,095	50,549	61,016	72,216	57,743	51,848
Net Income to Company	55,095	50,549	61,016	72,216	57,743	51,848
Net Income	55,095	50,549	61,016	72,216	57,743	51,848
Net Income to Common	55,095	50,549	61,016	72,216	57,743	51,848
Net Income Growth	-2.24%	-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)	-1.85%	-1.94%	-2.41%	-1.31%	-0.80%	-0.99%
EPS (Basic)	11808.37	10789.62	12771.11	14751.67	11641.29	10369.34
EPS (Diluted)	11808.37	10789.62	12771.11	14751.67	11641.29	10369.34
EPS Growth	-0.39%	-15.52%	-13.43%	26.72%	12.27%	68.26%
Free Cash Flow	23,833	29,980	37,661	29,374	25,629	12,409
Free Cash Flow Per Share	5107.98	6399.13	7882.69	6000.22	5167.04	2481.67
Gross Margin	22.18%	22.84%	23.92%	24.57%	23.42%	22.94%
Operating Margin	13.06%	13.76%	15.96%	17.58%	15.88%	14.54%
Profit Margin	12.52%	11.60%	14.48%	16.48%	16.05%	17.58%
Free Cash Flow Margin	5.42%	6.88%	8.94%	6.70%	7.12%	4.21%
EBITDA	92,927	93,087	97,758	104,396	81,257	61,166
EBITDA Margin	21.12%	21.36%	23.20%	23.82%	22.58%	20.73%
D&A For EBITDA	35,448	33,141	30,520	27,380	24,102	18,282
EBIT	57,479	59,946	67,239	77,016	57,155	42,884
EBIT Margin	13.06%	13.76%	15.96%	17.58%	15.88%	14.54%
Effective Tax Rate	17.32%	16.41%	19.86%	17.77%	18.98%	17.04%
Advertising Expenses	-	73.23	109.78	56.18	16.38	35.07

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.