TL Engineering Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2021	FY 2020
Period Ending	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	8,806	10,565
Other Revenue	-0	-
Revenue	8,806	10,565
Revenue Growth (YoY)	-16.65%	-
Cost of Revenue	7,047	9,599
Gross Profit	1,759	966.35
Selling, General & Admin	998.73	522.34
Research & Development	73.42	3.92
Other Operating Expenses	32.3	34.94
Operating Expenses	1,152	578.68
Operating Income	607.34	387.67
Interest Expense	-59.21	-42.25
Interest & Investment Income	0.16	5.55
Currency Exchange Gain (Loss)	-	-0.43
Other Non Operating Income (Expenses)	4.17	127.43
EBT Excluding Unusual Items	552.45	477.97
Gain (Loss) on Sale of Investments	25.13	-
Pretax Income	577.58	477.97
Income Tax Expense	60.38	49.11
Net Income	517.2	428.86
Net Income to Common	517.2	428.86
Net Income Growth	20.60%	-
Shares Outstanding (Basic)	1	1
Shares Outstanding (Diluted)	1	1
Shares Change (YoY)	-0.11%	-
EPS (Basic)	431.00	357.00
EPS (Diluted)	431.00	357.00
EPS Growth	20.73%	-
Free Cash Flow	-242.66	-491.64
Free Cash Flow Per Share	-202.22	-409.26
Gross Margin	19.98%	9.15%
Operating Margin	6.90%	3.67%
Profit Margin	5.87%	4.06%
Free Cash Flow Margin	-2.76%	-4.65%
EBITDA	654.65	405.15
EBITDA Margin	7.43%	3.84%
D&A For EBITDA	47.31	17.49
EBIT	607.34	387.67
EBIT Margin	6.90%	3.67%
Effective Tax Rate	10.46%	10.27%
Advertising Expenses	80.87	3.9

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