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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	-0	-0	-	-	-	-
Revenue	372,874	348,053	249,148	339,264	307,663	285,509
Revenue Growth (YoY)	41.91%	39.70%	-26.56%	10.27%	7.76%	49.10%
Cost of Revenue	271,522	261,049	215,558	239,867	209,839	203,329
Gross Profit	101,352	87,005	33,590	99,397	97,824	82,179
Selling, General & Admin	44,813	43,502	32,545	39,468	39,481	35,385
Other Operating Expenses	987.12	893.73	575.03	625.46	666.44	530.55
Operating Expenses	55,270	47,107	35,970	42,771	43,179	39,469
Operating Income	46,082	39,897	-2,380	56,626	54,645	42,710
Interest Expense	-2,089	-2,093	-1,993	-1,349	-659.19	-321.52
Interest & Investment Income	2,896	3,070	2,544	1,873	615.52	395.49
Earnings From Equity Investments	-422.63	-339.89	-41.75	580.79	662.76	831.31
Currency Exchange Gain (Loss)	11,238	15,361	746.79	5,564	8,504	-3,664
Other Non Operating Income (Expenses)	-1,322	-1,394	-863.08	682.23	-386.14	-487.48
EBT Excluding Unusual Items	56,383	54,500	-1,987	63,977	63,381	39,464
Gain (Loss) on Sale of Investments	817.59	802.28	-1,321	1,736	2,611	-
Gain (Loss) on Sale of Assets	181.86	224.57	-35.42	-189.25	149.76	342.61
Asset Writedown	-80	-80	-50	-122.44	-2,019	-2,416
Other Unusual Items	30.01	30.01	-	-	-	-
Pretax Income	57,332	55,477	-3,393	65,402	64,124	37,390
Income Tax Expense	10,664	10,446	-1,298	12,036	20,889	7,966
Earnings From Continuing Operations	46,668	45,032	-2,095	53,365	43,235	29,424
Net Income to Company	46,668	45,032	-2,095	53,365	43,235	29,424
Minority Interest in Earnings	-600.66	-2,555	2,216	-3,546	1,486	-2,244
Net Income	46,068	42,476	120.91	49,819	44,721	27,180
Net Income to Common	46,068	42,476	120.91	49,819	44,721	27,180
Net Income Growth	1356.60%	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)	0.73%	0.25%	-0.80%	1.50%	1.67%	2.43%
EPS (Basic)	4280.30	3955.86	11.29	4614.01	4203.99	2597.79
EPS (Diluted)	4280.30	3955.86	11.00	4614.00	4203.99	2597.79
EPS Growth	1348.61%	35862.33%	-99.76%	9.75%	61.83%	64.11%
Free Cash Flow	-9,114	2,782	-46,179	5,234	10,110	21,067
Free Cash Flow Per Share	-846.79	259.07	-4311.47	484.76	950.34	2013.53
Dividend Per Share	400.000	400.000	-	-	500.000	-
Gross Margin	27.18%	25.00%	13.48%	29.30%	31.80%	28.78%
Operating Margin	12.36%	11.46%	-0.95%	16.69%	17.76%	14.96%
Profit Margin	12.35%	12.20%	0.05%	14.69%	14.54%	9.52%
Free Cash Flow Margin	-2.44%	0.80%	-18.54%	1.54%	3.29%	7.38%
EBITDA	74,384	67,570	23,931	80,028	76,024	60,272
EBITDA Margin	19.95%	19.41%	9.61%	23.59%	24.71%	21.11%
D&A For EBITDA	28,302	27,673	26,311	23,402	21,379	17,562
EBIT	46,082	39,897	-2,380	56,626	54,645	42,710
EBIT Margin	12.36%	11.46%	-0.95%	16.69%	17.76%	14.96%
Effective Tax Rate	18.60%	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.