Daewoong Co., Ltd. (KRX:003090)

Daewoong 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	1,938,143	1,900,569	1,815,104	1,697,346	1,510,642	1,354,670
Other Revenue	36,348	36,348	-1,262	-7.59	731.95	667.52
Revenue	1,974,491	1,936,917	1,813,841	1,697,338	1,511,374	1,355,337
Revenue Growth (YoY)	8.38%	6.78%	6.86%	12.30%	11.51%	-0.76%
Cost of Revenue	902,923	889,140	883,909	798,842	749,398	730,041
Gross Profit	1,071,567	1,047,776	929,933	898,496	761,976	625,296
Selling, General & Admin	576,486	569,381	538,321	507,000	430,001	392,036
Research & Development	178,067	176,049	176,599	169,887	134,260	118,851
Other Operating Expenses	6,451	6,205	5,692	5,542	4,735	4,555
Operating Expenses	779,682	768,551	735,790	691,162	579,521	527,241
Operating Income	291,885	279,225	194,143	207,334	182,454	98,055
Interest Expense	-6,417	-7,566	-13,994	-8,351	-10,292	-10,506
Interest & Investment Income	8,952	9,381	9,505	11,629	4,732	4,933
Earnings From Equity Investments	-98,975	-98,975	24,983	-	10.86	-1,213
Currency Exchange Gain (Loss)	1,168	6,839	-1,468	66.26	5,586	-9,095
Other Non Operating Income (Expenses)	-25,498	-31,112	-15,222	-44,793	-74,446	5,504
EBT Excluding Unusual Items	171,115	157,791	197,947	165,886	108,045	87,679
Gain (Loss) on Sale of Investments	-26,546	-26,021	9,050	-4,641	8,560	4,364
Gain (Loss) on Sale of Assets	-503.29	-503.29	-2,103	-1,094	-1,284	60,677
Asset Writedown	-15,492	-15,492	-2,372	-5,219	-2,109	-8,103
Pretax Income	128,574	115,775	202,522	154,932	113,212	144,617
Income Tax Expense	50,179	46,914	11,083	34,664	13,427	26,238
Earnings From Continuing Operations	78,395	68,861	191,439	120,268	99,784	118,380
Minority Interest in Earnings	-15,452	-10,975	-38,774	-17,702	-21,054	-20,001
Net Income	62,943	57,886	152,665	102,566	78,730	98,379
Net Income to Common	62,943	57,886	152,665	102,566	78,730	98,379
Net Income Growth	-53.49%	-62.08%	48.85%	30.28%	-19.97%	59.98%
Shares Outstanding (Basic)	41	41	41	42	42	42
Shares Outstanding (Diluted)	41	41	41	42	42	42
Shares Change (YoY)	-0.72%	-1.12%	-0.54%	0.06%	-1.03%	-2.77%
EPS (Basic)	1539.39	1415.61	3691.68	2466.88	1894.69	2343.12
EPS (Diluted)	1539.39	1415.61	3691.68	2466.88	1894.69	2343.12
EPS Growth	-53.15%	-61.65%	49.65%	30.20%	-19.14%	64.55%
Free Cash Flow	-117,082	-111,090	24,211	81,068	64,627	113,413
Free Cash Flow Per Share	-2863.45	-2716.76	585.47	1949.82	1555.28	2701.19
Dividend Per Share	200.000	200.000	-	-	-	-
Gross Margin	54.27%	54.10%	51.27%	52.94%	50.42%	46.14%
Operating Margin	14.78%	14.42%	10.70%	12.21%	12.07%	7.23%
Profit Margin	3.19%	2.99%	8.42%	6.04%	5.21%	7.26%
Free Cash Flow Margin	-5.93%	-5.73%	1.33%	4.78%	4.28%	8.37%
EBITDA	352,174	338,011	248,364	255,614	233,012	148,904
EBITDA Margin	17.84%	17.45%	13.69%	15.06%	15.42%	10.99%
D&A For EBITDA	60,289	58,785	54,221	48,279	50,558	50,849
EBIT	291,885	279,225	194,143	207,334	182,454	98,055
EBIT Margin	14.78%	14.42%	10.70%	12.21%	12.07%	7.23%
Effective Tax Rate	39.03%	40.52%	5.47%	22.37%	11.86%	18.14%
Advertising Expenses	-	83,562	89,517	88,537	65,363	57,059

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