T'Way Air Co., Ltd. (KRX:091810)
South Korea · Delayed Price · Currency is KRW 1,003.00
+55.00 (5.80%)
At close: Apr 16, 2026
T'Way Air Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 | 1,798,181 | 1,536,780 | 1,348,759 | 525,821 | 214,395 |
Other Revenue | 0 | -0 | -0 | 0 | - |
| 1,798,181 | 1,536,780 | 1,348,759 | 525,821 | 214,395 | |
Revenue Growth (YoY) | 17.01% | 13.94% | 156.50% | 145.26% | -20.36% |
Cost of Revenue | 1,871,616 | 1,402,855 | 1,096,653 | 569,507 | 323,601 |
Gross Profit | -73,435 | 133,925 | 252,106 | -43,686 | -109,206 |
Selling, General & Admin | 185,679 | 140,311 | 108,795 | 56,988 | 35,685 |
Amortization of Goodwill & Intangibles | 769.43 | 707.5 | 704.26 | 752.29 | 957.1 |
Other Operating Expenses | 1,203 | 1,191 | 901.43 | 430.85 | 621.23 |
Operating Expenses | 192,033 | 146,196 | 112,694 | 60,244 | 39,121 |
Operating Income | -265,468 | -12,271 | 139,412 | -103,930 | -148,327 |
Interest Expense | -55,019 | -39,607 | -33,883 | -27,868 | -25,720 |
Interest & Investment Income | 7,842 | 12,248 | 9,906 | 3,051 | 2,016 |
Earnings From Equity Investments | - | - | - | - | -50.27 |
Currency Exchange Gain (Loss) | -110.3 | -30,693 | -8,088 | -22,444 | -24,561 |
Other Non Operating Income (Expenses) | -3,060 | -1,802 | 1,298 | 2,034 | -1,704 |
EBT Excluding Unusual Items | -315,816 | -72,126 | 108,644 | -149,157 | -198,347 |
Gain (Loss) on Sale of Investments | -5,233 | 1,088 | 3,330 | -999.48 | - |
Gain (Loss) on Sale of Assets | -836.97 | -59.43 | -84.19 | -9.55 | -14.92 |
Pretax Income | -321,885 | -71,097 | 111,890 | -150,166 | -198,362 |
Income Tax Expense | 16,374 | -5,219 | 12,758 | -31,494 | -42,118 |
Net Income | -338,260 | -65,878 | 99,132 | -118,672 | -156,244 |
Preferred Dividends & Other Adjustments | - | - | 240 | 800 | 600 |
Net Income to Common | -338,260 | -65,878 | 98,892 | -119,472 | -156,844 |
Shares Outstanding (Basic) | 236 | 213 | 195 | 144 | 110 |
Shares Outstanding (Diluted) | 236 | 213 | 215 | 144 | 110 |
Shares Change (YoY) | 10.64% | -0.90% | 49.16% | 30.97% | 74.19% |
EPS (Basic) | -1434.00 | -309.00 | 505.98 | -828.32 | -1424.24 |
EPS (Diluted) | -1434.00 | -309.00 | 464.00 | -828.32 | -1424.24 |
Free Cash Flow | 115,053 | 173,323 | 377,352 | 155,065 | 31,638 |
Free Cash Flow Per Share | 487.75 | 812.97 | 1754.04 | 1075.09 | 287.30 |
Gross Margin | -4.08% | 8.71% | 18.69% | -8.31% | -50.94% |
Operating Margin | -14.76% | -0.80% | 10.34% | -19.77% | -69.18% |
Profit Margin | -18.81% | -4.29% | 7.33% | -22.72% | -73.16% |
Free Cash Flow Margin | 6.40% | 11.28% | 27.98% | 29.49% | 14.76% |
EBITDA | -89,911 | 104,230 | 239,459 | -11,805 | -56,416 |
EBITDA Margin | -5.00% | 6.78% | 17.75% | -2.25% | -26.31% |
D&A For EBITDA | 175,557 | 116,501 | 100,047 | 92,125 | 91,911 |
EBIT | -265,468 | -12,271 | 139,412 | -103,930 | -148,327 |
EBIT Margin | -14.76% | -0.80% | 10.34% | -19.77% | -69.18% |
Effective Tax Rate | - | - | 11.40% | - | - |
Advertising Expenses | 3,540 | 6,825 | 1,786 | 2,048 | 499.8 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.