NWC Co.,Ltd. Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	26,250	22,242	24,549
Revenue Growth (YoY)	18.02%	-9.40%	-
Cost of Revenue	19,511	19,217	19,184
Gross Profit	6,739	3,025	5,365
Selling, General & Admin	3,248	2,609	2,449
Research & Development	1,054	697.42	696.3
Amortization of Goodwill & Intangibles	288.16	203.67	315.03
Other Operating Expenses	58.06	79.36	76.29
Operating Expenses	4,931	3,891	3,750
Operating Income	1,808	-865.92	1,615
Interest Expense	-1,106	-1,790	-1,648
Interest & Investment Income	12.73	16.65	12.88
Currency Exchange Gain (Loss)	754.72	78.34	493.54
Other Non Operating Income (Expenses)	162.3	272.62	-293.52
EBT Excluding Unusual Items	1,632	-2,288	180.2
Gain (Loss) on Sale of Investments	-	-54.44	-28.84
Gain (Loss) on Sale of Assets	26.9	-	-
Asset Writedown	-404.4	-778.79	-
Pretax Income	1,255	-3,121	151.36
Income Tax Expense	159.83	8.53	309.17
Earnings From Continuing Operations	1,095	-3,130	-157.81
Earnings From Discontinued Operations	-	-1,838	-1,231
Net Income	1,095	-4,968	-1,389
Net Income to Common	1,095	-4,968	-1,389
Shares Outstanding (Basic)	5	4	2
Shares Outstanding (Diluted)	5	4	2
Shares Change (YoY)	30.96%	100.00%	-
EPS (Basic)	232.28	-1379.96	-771.46
EPS (Diluted)	232.00	-1379.96	-771.79
Free Cash Flow	-440.52	2,200	-886.55
Free Cash Flow Per Share	-93.44	611.07	-492.53
Gross Margin	25.67%	13.60%	21.86%
Operating Margin	6.89%	-3.89%	6.58%
Profit Margin	4.17%	-22.34%	-5.66%
Free Cash Flow Margin	-1.68%	9.89%	-3.61%
EBITDA	2,827	860.09	3,455
EBITDA Margin	10.77%	3.87%	14.07%
D&A For EBITDA	1,018	1,726	1,840
EBIT	1,808	-865.92	1,615
EBIT Margin	6.89%	-3.89%	6.58%
Effective Tax Rate	12.74%	-	204.26%
Advertising Expenses	266.27	124.4	53.9

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