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

Miwon Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	476,576	443,162	499,293	421,386	288,971
Revenue Growth (YoY)	7.54%	-11.24%	18.49%	45.82%	53.40%
Cost of Revenue	416,905	395,799	444,114	361,951	242,997
Gross Profit	59,671	47,363	55,180	59,435	45,975
Selling, General & Admin	34,435	30,160	30,220	27,175	21,651
Research & Development	858.74	714.94	644.9	702.16	604.11
Other Operating Expenses	495.34	463.61	484.2	477.53	410.68
Operating Expenses	36,637	31,799	32,339	29,711	24,176
Operating Income	23,033	15,564	22,841	29,724	21,798
Interest Expense	-4,937	-4,849	-3,166	-1,650	-1,388
Interest & Investment Income	153.3	105.24	236.71	136.42	120.9
Earnings From Equity Investments	15,087	5,582	4,340	23,172	10,505
Currency Exchange Gain (Loss)	502	-30.47	342.18	576.03	-913.2
Other Non Operating Income (Expenses)	560.51	218.73	459.25	437.37	251.47
EBT Excluding Unusual Items	34,399	16,591	25,054	52,396	30,374
Gain (Loss) on Sale of Investments	-	-	-	-10.57	-
Gain (Loss) on Sale of Assets	10.58	-0.73	5.12	-411.46	-70.71
Asset Writedown	-	-	-23.1	-	-
Pretax Income	34,410	16,590	25,036	51,974	30,303
Income Tax Expense	5,166	-446.99	-1,567	11,742	6,630
Earnings From Continuing Operations	29,244	17,037	26,602	40,232	23,673
Net Income to Company	29,244	17,037	26,602	40,232	23,673
Minority Interest in Earnings	-3,992	-3,822	-6,422	-7,096	-6,118
Net Income	25,251	13,215	20,181	33,137	17,556
Net Income to Common	25,251	13,215	20,181	33,137	17,556
Net Income Growth	91.07%	-34.51%	-39.10%	88.75%	14.24%
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2
Shares Change (YoY)	-	0.01%	-0.04%	-0.30%	-0.38%
EPS (Basic)	10905.64	5707.52	8716.70	14307.67	7557.19
EPS (Diluted)	10905.64	5707.52	8716.70	14307.67	7557.19
EPS Growth	91.07%	-34.52%	-39.08%	89.33%	14.67%
Free Cash Flow	8,307	2,867	-3,504	16,685	21,765
Free Cash Flow Per Share	3587.76	1238.13	-1513.55	7204.41	9369.31
Dividend Per Share	700.000	700.000	700.000	500.000	500.000
Dividend Growth	-	-	40.00%	-	25.00%
Gross Margin	12.52%	10.69%	11.05%	14.11%	15.91%
Operating Margin	4.83%	3.51%	4.58%	7.05%	7.54%
Profit Margin	5.30%	2.98%	4.04%	7.86%	6.08%
Free Cash Flow Margin	1.74%	0.65%	-0.70%	3.96%	7.53%
EBITDA	31,753	23,120	28,815	35,824	28,604
EBITDA Margin	6.66%	5.22%	5.77%	8.50%	9.90%
D&A For EBITDA	8,720	7,556	5,974	6,100	6,805
EBIT	23,033	15,564	22,841	29,724	21,798
EBIT Margin	4.83%	3.51%	4.58%	7.05%	7.54%
Effective Tax Rate	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.