Miwon Holdings Co., Ltd. (KRX:107590)

Miwon Holdings 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
Revenue	479,941	476,576	443,162	499,293	421,386	288,971
Revenue Growth (YoY)	2.90%	7.54%	-11.24%	18.49%	45.82%	53.40%
Cost of Revenue	424,474	416,905	395,799	444,114	361,951	242,997
Gross Profit	55,468	59,671	47,363	55,180	59,435	45,975
Selling, General & Admin	34,950	34,435	30,160	30,220	27,175	21,651
Research & Development	883.02	858.74	714.94	644.9	702.16	604.11
Other Operating Expenses	501.19	495.34	463.61	484.2	477.53	410.68
Operating Expenses	37,120	36,637	31,799	32,339	29,711	24,176
Operating Income	18,348	23,033	15,564	22,841	29,724	21,798
Interest Expense	-4,657	-4,937	-4,849	-3,166	-1,650	-1,388
Interest & Investment Income	156.14	153.3	105.24	236.71	136.42	120.9
Earnings From Equity Investments	14,216	15,087	5,582	4,340	23,172	10,505
Currency Exchange Gain (Loss)	-639.97	502	-30.47	342.18	576.03	-913.2
Other Non Operating Income (Expenses)	745.16	560.51	218.73	459.25	437.37	251.47
EBT Excluding Unusual Items	28,168	34,399	16,591	25,054	52,396	30,374
Gain (Loss) on Sale of Investments	-	-	-	-	-10.57	-
Gain (Loss) on Sale of Assets	54.83	10.58	-0.73	5.12	-411.46	-70.71
Asset Writedown	-	-	-	-23.1	-	-
Pretax Income	28,223	34,410	16,590	25,036	51,974	30,303
Income Tax Expense	4,477	5,166	-446.99	-1,567	11,742	6,630
Earnings From Continuing Operations	23,746	29,244	17,037	26,602	40,232	23,673
Net Income to Company	23,746	29,244	17,037	26,602	40,232	23,673
Minority Interest in Earnings	-3,077	-3,992	-3,822	-6,422	-7,096	-6,118
Net Income	20,669	25,251	13,215	20,181	33,137	17,556
Net Income to Common	20,669	25,251	13,215	20,181	33,137	17,556
Net Income Growth	-18.65%	91.07%	-34.51%	-39.10%	88.75%	14.24%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-	-	0.01%	-0.04%	-0.30%	-0.38%
EPS (Basic)	8926.68	10905.64	5707.52	8716.70	14307.67	7557.19
EPS (Diluted)	8926.68	10905.64	5707.52	8716.70	14307.67	7557.19
EPS Growth	-18.65%	91.07%	-34.52%	-39.08%	89.33%	14.67%
Free Cash Flow	14,195	8,307	2,867	-3,504	16,685	21,765
Free Cash Flow Per Share	6130.55	3587.76	1238.13	-1513.55	7204.41	9369.31
Dividend Per Share	700.000	700.000	700.000	700.000	500.000	500.000
Dividend Growth	-	-	-	40.00%	-	25.00%
Gross Margin	11.56%	12.52%	10.69%	11.05%	14.11%	15.91%
Operating Margin	3.82%	4.83%	3.51%	4.58%	7.05%	7.54%
Profit Margin	4.31%	5.30%	2.98%	4.04%	7.86%	6.08%
Free Cash Flow Margin	2.96%	1.74%	0.65%	-0.70%	3.96%	7.53%
EBITDA	27,387	31,753	23,120	28,815	35,824	28,604
EBITDA Margin	5.71%	6.66%	5.22%	5.77%	8.50%	9.90%
D&A For EBITDA	9,040	8,720	7,556	5,974	6,100	6,805
EBIT	18,348	23,033	15,564	22,841	29,724	21,798
EBIT Margin	3.82%	4.83%	3.51%	4.58%	7.05%	7.54%
Effective Tax Rate	15.86%	15.01%	-	-	22.59%	21.88%
Advertising Expenses	-	297.3	163.78	58.55	30.66	46.15

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