TSE Co., Ltd (KOSDAQ:131290)

TSE Co., Ltd 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	-0	-0	-	-	-	-
Revenue	408,162	348,053	249,148	339,264	307,663	285,509
Revenue Growth (YoY)	29.49%	39.70%	-26.56%	10.27%	7.76%	49.10%
Cost of Revenue	297,443	261,049	215,558	239,867	209,839	203,329
Gross Profit	110,719	87,005	33,590	99,397	97,824	82,179
Selling, General & Admin	53,458	43,502	32,545	39,468	39,481	35,385
Amortization of Goodwill & Intangibles	1,300	1,504	1,556	1,470	1,645	1,540
Other Operating Expenses	1,183	893.73	575.03	625.46	666.44	530.55
Operating Expenses	67,648	47,107	35,970	42,771	43,179	39,469
Operating Income	43,072	39,897	-2,380	56,626	54,645	42,710
Interest Expense	-2,191	-2,093	-1,993	-1,349	-659.19	-321.52
Interest & Investment Income	2,231	3,070	2,544	1,873	615.52	395.49
Earnings From Equity Investments	-86.59	-339.89	-41.75	580.79	662.76	831.31
Currency Exchange Gain (Loss)	7,117	15,361	746.79	5,564	8,504	-3,664
Other Non Operating Income (Expenses)	-200.08	-1,394	-863.08	682.23	-386.14	-487.48
EBT Excluding Unusual Items	49,942	54,500	-1,987	63,977	63,381	39,464
Gain (Loss) on Sale of Investments	856.51	802.28	-1,321	1,736	2,611	-
Gain (Loss) on Sale of Assets	136.7	224.57	-35.42	-189.25	149.76	342.61
Asset Writedown	-70	-80	-50	-122.44	-2,019	-2,416
Other Unusual Items	61.25	30.01	-	-	-	-
Pretax Income	50,927	55,477	-3,393	65,402	64,124	37,390
Income Tax Expense	10,024	10,446	-1,298	12,036	20,889	7,966
Earnings From Continuing Operations	40,903	45,032	-2,095	53,365	43,235	29,424
Net Income to Company	40,903	45,032	-2,095	53,365	43,235	29,424
Minority Interest in Earnings	-23.23	-2,555	2,216	-3,546	1,486	-2,244
Net Income	40,880	42,476	120.91	49,819	44,721	27,180
Net Income to Common	40,880	42,476	120.91	49,819	44,721	27,180
Net Income Growth	93.66%	35029.34%	-99.76%	11.40%	64.53%	68.08%
Shares Outstanding (Basic)	11	11	11	11	11	10
Shares Outstanding (Diluted)	11	11	11	11	11	10
Shares Change (YoY)	0.69%	0.25%	-0.80%	1.50%	1.67%	2.43%
EPS (Basic)	3790.21	3955.86	11.29	4614.01	4203.99	2597.79
EPS (Diluted)	3790.21	3955.86	11.00	4614.00	4203.99	2597.79
EPS Growth	92.42%	35862.33%	-99.76%	9.75%	61.83%	64.11%
Free Cash Flow	-4,817	2,782	-46,179	5,234	10,110	21,067
Free Cash Flow Per Share	-446.58	259.07	-4311.47	484.76	950.34	2013.53
Dividend Per Share	400.000	400.000	-	-	500.000	-
Gross Margin	27.13%	25.00%	13.48%	29.30%	31.80%	28.78%
Operating Margin	10.55%	11.46%	-0.95%	16.69%	17.76%	14.96%
Profit Margin	10.02%	12.20%	0.05%	14.69%	14.54%	9.52%
Free Cash Flow Margin	-1.18%	0.80%	-18.54%	1.54%	3.29%	7.38%
EBITDA	73,259	67,570	23,931	80,028	76,024	60,272
EBITDA Margin	17.95%	19.41%	9.61%	23.59%	24.71%	21.11%
D&A For EBITDA	30,187	27,673	26,311	23,402	21,379	17,562
EBIT	43,072	39,897	-2,380	56,626	54,645	42,710
EBIT Margin	10.55%	11.46%	-0.95%	16.69%	17.76%	14.96%
Effective Tax Rate	19.68%	18.83%	-	18.40%	32.57%	21.30%
Advertising Expenses	-	384.13	481.61	300.71	142.83	195.95

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