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

Miwon Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	-	-	-	-	-	0
Revenue	466,393	443,162	499,293	421,386	288,971	188,377
Revenue Growth (YoY)	0.33%	-11.24%	18.49%	45.82%	53.40%	32.69%
Cost of Revenue	407,382	395,799	444,114	361,951	242,997	161,780
Gross Profit	59,011	47,363	55,180	59,435	45,975	26,596
Selling, General & Admin	32,061	30,160	30,220	27,175	21,651	16,822
Research & Development	795.06	714.94	644.9	702.16	604.11	204.43
Other Operating Expenses	483.63	463.61	484.2	477.53	410.68	327.27
Operating Expenses	33,867	31,799	32,339	29,711	24,176	18,833
Operating Income	25,143	15,564	22,841	29,724	21,798	7,764
Interest Expense	-4,983	-4,849	-3,166	-1,650	-1,388	-885.12
Interest & Investment Income	95.11	105.24	236.71	136.42	120.9	84.54
Earnings From Equity Investments	9,797	5,582	4,340	23,172	10,505	13,055
Currency Exchange Gain (Loss)	214.39	-30.47	342.18	576.03	-913.2	-85.97
Other Non Operating Income (Expenses)	219.83	218.73	459.25	437.37	251.47	317.66
EBT Excluding Unusual Items	30,486	16,591	25,054	52,396	30,374	20,250
Gain (Loss) on Sale of Investments	-	-	-	-10.57	-	-
Gain (Loss) on Sale of Assets	-2.42	-0.73	5.12	-411.46	-70.71	-1.6
Asset Writedown	-	-	-23.1	-	-	-
Pretax Income	30,484	16,590	25,036	51,974	30,303	20,248
Income Tax Expense	335.61	-446.99	-1,567	11,742	6,630	3,980
Earnings From Continuing Operations	30,148	17,037	26,602	40,232	23,673	16,268
Net Income to Company	30,148	17,037	26,602	40,232	23,673	16,268
Minority Interest in Earnings	-4,740	-3,822	-6,422	-7,096	-6,118	-900.53
Net Income	25,409	13,215	20,181	33,137	17,556	15,368
Net Income to Common	25,409	13,215	20,181	33,137	17,556	15,368
Net Income Growth	265.67%	-34.51%	-39.10%	88.75%	14.24%	58.65%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-0.00%	-	-0.04%	-0.30%	-0.37%	0.02%
EPS (Basic)	10974.69	5708.24	8716.70	14307.67	7557.19	6590.55
EPS (Diluted)	10974.69	5708.24	8716.70	14307.67	7557.19	6590.55
EPS Growth	265.67%	-34.51%	-39.08%	89.33%	14.67%	58.62%
Free Cash Flow	6,660	2,867	-3,504	16,685	21,765	-2,639
Free Cash Flow Per Share	2876.65	1238.29	-1513.55	7204.41	9369.31	-1131.83
Dividend Per Share	700.000	700.000	700.000	500.000	500.000	400.000
Dividend Growth	0%	0%	40.00%	0%	25.00%	0%
Gross Margin	12.65%	10.69%	11.05%	14.10%	15.91%	14.12%
Operating Margin	5.39%	3.51%	4.57%	7.05%	7.54%	4.12%
Profit Margin	5.45%	2.98%	4.04%	7.86%	6.08%	8.16%
Free Cash Flow Margin	1.43%	0.65%	-0.70%	3.96%	7.53%	-1.40%
EBITDA	33,081	23,120	28,815	35,824	28,604	10,860
EBITDA Margin	7.09%	5.22%	5.77%	8.50%	9.90%	5.76%
D&A For EBITDA	7,938	7,556	5,974	6,100	6,805	3,096
EBIT	25,143	15,564	22,841	29,724	21,798	7,764
EBIT Margin	5.39%	3.51%	4.57%	7.05%	7.54%	4.12%
Effective Tax Rate	1.10%	-	-	22.59%	21.88%	19.66%
Advertising Expenses	-	163.78	58.55	30.66	46.15	110.3

Source: S&P Capital IQ. Standard template. Financial Sources.