Dream Security co., Ltd. (KOSDAQ:203650)

Dream Security co. 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
Operating Revenue	307,373	268,839	232,739	224,195	189,511	158,408
Other Revenue	-0	-0	-	-	-	-
Revenue	307,373	268,839	232,739	224,195	189,511	158,408
Revenue Growth (YoY)	24.33%	15.51%	3.81%	18.30%	19.63%	449.73%
Cost of Revenue	215,524	181,168	152,416	152,941	129,120	105,118
Gross Profit	91,849	87,671	80,323	71,254	60,391	53,290
Selling, General & Admin	54,291	48,700	39,091	38,151	35,776	33,951
Research & Development	5,638	4,204	908.95	1,349	1,246	1,092
Amortization of Goodwill & Intangibles	1,620	1,977	1,347	1,466	1,469	1,085
Other Operating Expenses	720.86	582.94	473.13	443.55	523.43	369.67
Operating Expenses	69,316	62,203	47,044	46,182	42,667	40,230
Operating Income	22,533	25,468	33,279	25,072	17,724	13,060
Interest Expense	-18,927	-19,117	-15,509	-11,571	-6,701	-5,254
Interest & Investment Income	2,520	2,735	1,862	556.92	275.57	419.64
Earnings From Equity Investments	102.77	329.81	-	-	-	-
Currency Exchange Gain (Loss)	808.42	3,070	188.16	1,134	3,264	-1,922
Other Non Operating Income (Expenses)	1,613	189.81	4,266	-1,245	11.37	950.08
EBT Excluding Unusual Items	8,650	12,675	24,086	13,947	14,573	7,254
Gain (Loss) on Sale of Investments	4,546	-824.77	1,157	-1,678	1,961	59.97
Gain (Loss) on Sale of Assets	389.98	737.29	112.81	-1.82	11.5	8.66
Asset Writedown	-86.14	-86.14	-	-	-331.63	-0.1
Other Unusual Items	-	94.16	206.62	-	-	-
Pretax Income	13,500	12,596	25,562	12,267	16,215	7,322
Income Tax Expense	104.82	979.32	3,204	2,591	1,177	1,144
Earnings From Continuing Operations	13,395	11,616	22,358	9,676	15,037	6,178
Earnings From Discontinued Operations	-	458.51	-	-	-	-
Net Income to Company	13,395	12,075	22,358	9,676	15,037	6,178
Minority Interest in Earnings	918.21	902.55	132.85	-19.42	-2,214	-1,244
Net Income	14,313	12,977	22,491	9,656	12,823	4,934
Net Income to Common	14,313	12,977	22,491	9,656	12,823	4,934
Net Income Growth	3.02%	-42.30%	132.91%	-24.70%	159.90%	95.25%
Shares Outstanding (Basic)	95	99	101	101	100	99
Shares Outstanding (Diluted)	103	108	119	101	100	99
Shares Change (YoY)	-13.08%	-9.33%	17.95%	1.66%	0.09%	35.00%
EPS (Basic)	151.25	130.57	222.22	95.42	128.80	49.60
EPS (Diluted)	147.85	129.00	203.00	95.42	128.80	49.60
EPS Growth	12.57%	-36.45%	112.75%	-25.92%	159.67%	44.63%
Free Cash Flow	-1,131	-5,249	19,025	-26,082	-4,530	10,469
Free Cash Flow Per Share	-10.93	-48.50	159.38	-257.72	-45.50	105.25
Gross Margin	29.88%	32.61%	34.51%	31.78%	31.87%	33.64%
Operating Margin	7.33%	9.47%	14.30%	11.18%	9.35%	8.24%
Profit Margin	4.66%	4.83%	9.66%	4.31%	6.77%	3.12%
Free Cash Flow Margin	-0.37%	-1.95%	8.17%	-11.63%	-2.39%	6.61%
EBITDA	107,974	108,106	106,747	94,916	76,592	66,589
EBITDA Margin	35.13%	40.21%	45.87%	42.34%	40.41%	42.04%
D&A For EBITDA	85,441	82,638	73,468	69,844	58,868	53,529
EBIT	22,533	25,468	33,279	25,072	17,724	13,060
EBIT Margin	7.33%	9.47%	14.30%	11.18%	9.35%	8.24%
Effective Tax Rate	0.78%	7.78%	12.53%	21.13%	7.26%	15.63%
Advertising Expenses	-	822.52	548.37	455.21	362.79	152.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.