Daewoong Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,122,036	2,068,370	1,936,917	1,815,104	1,697,346	1,510,642
Other Revenue	-0	-0	0	-1,262	-7.59	731.95
Revenue	2,122,036	2,068,370	1,936,917	1,813,841	1,697,338	1,511,374
Revenue Growth	4.55%	6.79%	6.78%	6.86%	12.30%	11.51%
Cost of Revenue	997,979	965,103	887,987	883,909	798,842	749,398
Gross Profit	1,124,056	1,103,268	1,048,930	929,933	898,496	761,976
Selling, General & Admin	669,834	631,928	570,535	538,321	507,000	430,001
Research & Development	182,906	186,707	176,049	176,599	169,887	134,260
Amortization of Goodwill & Intangibles	5,573	5,255	4,164	1,325	1,312	3,234
Other Operating Expenses	8,446	7,476	6,205	5,692	5,542	4,735
Operating Expenses	885,587	842,748	769,705	735,790	691,162	579,521
Operating Income	238,469	260,519	279,225	194,143	207,334	182,454
Interest Expense	-16,233	-13,865	-7,566	-13,994	-8,351	-10,292
Interest & Investment Income	7,103	6,303	9,381	9,505	11,629	4,732
Earnings From Equity Investments	34,360	34,360	-98,975	24,983	-	10.86
Currency Exchange Gain (Loss)	3,461	-10,245	6,839	-1,468	66.26	5,586
Other Non Operating Income (Expenses)	-32,191	-13,931	-31,112	-15,222	-44,793	-74,446
EBT Excluding Unusual Items	234,969	263,141	157,791	197,947	165,886	108,045
Gain (Loss) on Sale of Investments	17,752	-5,028	-26,021	9,050	-4,641	8,560
Gain (Loss) on Sale of Assets	159.05	159.05	-503.29	-2,103	-1,094	-1,284
Asset Writedown	-14,654	-14,654	-15,492	-2,372	-5,219	-2,109
Pretax Income	238,227	243,618	115,775	202,522	154,932	113,212
Income Tax Expense	16,575	15,711	46,914	11,083	34,664	13,427
Earnings From Continuing Operations	221,651	227,907	68,861	191,439	120,268	99,784
Minority Interest in Earnings	-42,246	-52,844	-10,975	-38,774	-17,702	-21,054
Net Income	179,405	175,063	57,886	152,665	102,566	78,730
Net Income to Common	179,405	175,063	57,886	152,665	102,566	78,730
Net Income Growth	119.20%	202.43%	-62.08%	48.85%	30.28%	-19.97%
Shares Outstanding (Basic)	41	41	41	41	42	42
Shares Outstanding (Diluted)	41	41	41	41	42	42
Shares Change	1.43%	0.06%	-1.15%	-0.54%	0.06%	-1.03%
EPS (Basic)	4328.21	4279.91	1416.00	3691.68	2466.88	1894.69
EPS (Diluted)	4328.21	4279.91	1416.00	3691.68	2466.88	1894.69
EPS Growth	116.11%	202.25%	-61.64%	49.65%	30.20%	-19.14%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-113,400	-86,340	-111,090	24,211	81,068	64,627
Free Cash Flow Per Share	-2735.81	-2110.82	-2717.50	585.47	1949.82	1555.28
Gross Margin	52.97%	53.34%	54.16%	51.27%	52.94%	50.42%
Operating Margin	11.24%	12.60%	14.42%	10.70%	12.21%	12.07%
Profit Margin	8.45%	8.46%	2.99%	8.42%	6.04%	5.21%
Free Cash Flow Margin	-5.34%	-4.17%	-5.73%	1.33%	4.78%	4.28%
EBITDA	320,940	323,404	338,011	248,364	255,614	233,012
EBITDA Margin	15.12%	15.64%	17.45%	13.69%	15.06%	15.42%
D&A For EBITDA	82,471	62,885	58,785	54,221	48,279	50,558
EBIT	238,469	260,519	279,225	194,143	207,334	182,454
EBIT Margin	11.24%	12.60%	14.42%	10.70%	12.21%	12.07%
Effective Tax Rate	6.96%	6.45%	40.52%	5.47%	22.37%	11.86%
Advertising Expenses	-	94,705	83,296	89,517	88,537	65,363