WITHTECH Co., LTD. (KOSDAQ:348350)

WITHTECH 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
Operating Revenue	51,358	43,616	49,561	72,606	68,307	55,617
Other Revenue	-0	-0	-0	-0	-	-
Revenue	51,358	43,616	49,561	72,606	68,307	55,617
Revenue Growth (YoY)	16.34%	-12.00%	-31.74%	6.29%	22.82%	-5.51%
Cost of Revenue	35,057	29,583	31,946	42,102	44,929	34,122
Gross Profit	16,301	14,032	17,615	30,504	23,379	21,495
Selling, General & Admin	7,233	6,704	8,866	9,188	8,109	7,324
Research & Development	5,339	4,950	5,159	5,857	5,442	4,554
Amortization of Goodwill & Intangibles	180.7	185.53	179.69	154.24	129.32	75.48
Other Operating Expenses	331.72	370.84	393.32	315.77	280.98	203.92
Operating Expenses	13,909	13,066	15,191	15,995	14,533	12,629
Operating Income	2,392	965.96	2,425	14,509	8,845	8,866
Interest Expense	-333.09	-386.56	-396.29	-263.21	-181.66	-186.52
Interest & Investment Income	2,396	2,848	2,931	1,596	528.52	377.81
Currency Exchange Gain (Loss)	1,710	3,935	438.04	1,693	1,579	-1,011
Other Non Operating Income (Expenses)	-31.52	113.82	277.77	-3,119	635.27	585.97
EBT Excluding Unusual Items	6,133	7,476	5,675	14,415	11,406	8,632
Gain (Loss) on Sale of Investments	155.13	-8.5	724.92	-512.91	404.53	1,006
Gain (Loss) on Sale of Assets	-0.01	-5.5	-2.48	-0	-	-
Pretax Income	6,288	7,462	6,398	13,902	11,811	9,638
Income Tax Expense	490.32	394.06	65.78	1,657	916.66	1,151
Net Income	5,798	7,068	6,332	12,245	10,894	8,488
Net Income to Common	5,798	7,068	6,332	12,245	10,894	8,488
Net Income Growth	13.00%	11.63%	-48.29%	12.40%	28.35%	-26.92%
Shares Outstanding (Basic)	10	10	10	10	10	8
Shares Outstanding (Diluted)	10	10	10	10	10	8
Shares Change (YoY)	-2.78%	-0.84%	-0.76%	-0.62%	21.24%	7.35%
EPS (Basic)	594.46	709.72	630.44	1210.00	1069.78	1010.47
EPS (Diluted)	594.46	709.72	630.00	1210.00	1069.78	1010.00
EPS Growth	16.30%	12.65%	-47.93%	13.11%	5.92%	-31.96%
Free Cash Flow	773.46	2,061	-16,252	22,118	8,577	4,282
Free Cash Flow Per Share	79.30	207.00	-1618.11	2185.52	842.20	509.83
Gross Margin	31.74%	32.17%	35.54%	42.01%	34.23%	38.65%
Operating Margin	4.66%	2.21%	4.89%	19.98%	12.95%	15.94%
Profit Margin	11.29%	16.20%	12.78%	16.86%	15.95%	15.26%
Free Cash Flow Margin	1.51%	4.73%	-32.79%	30.46%	12.56%	7.70%
EBITDA	3,502	2,071	3,486	15,454	9,705	9,603
EBITDA Margin	6.82%	4.75%	7.03%	21.29%	14.21%	17.27%
D&A For EBITDA	1,110	1,105	1,061	945.52	859.65	737.74
EBIT	2,392	965.96	2,425	14,509	8,845	8,866
EBIT Margin	4.66%	2.21%	4.89%	19.98%	12.95%	15.94%
Effective Tax Rate	7.80%	5.28%	1.03%	11.92%	7.76%	11.94%
Advertising Expenses	-	75.97	34.9	71.43	10.47	83.96

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