T'Way Air Co., Ltd. (KRX:091810)

T'Way Air 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
Operating Revenue	1,560,495	1,536,780	1,348,759	525,821	214,395	269,218
Other Revenue	-0	-0	-0	0	-	-
Revenue	1,560,495	1,536,780	1,348,759	525,821	214,395	269,218
Revenue Growth (YoY)	10.44%	13.94%	156.50%	145.26%	-20.36%	-66.78%
Cost of Revenue	1,528,852	1,402,855	1,096,653	569,507	323,601	406,595
Gross Profit	31,644	133,925	252,106	-43,686	-109,206	-137,378
Selling, General & Admin	149,595	140,311	108,795	56,988	35,685	32,709
Other Operating Expenses	1,057	1,191	901.43	430.85	621.23	829.91
Operating Expenses	155,505	146,196	112,694	60,244	39,121	36,933
Operating Income	-123,862	-12,271	139,412	-103,930	-148,327	-174,310
Interest Expense	-42,216	-39,607	-33,883	-27,868	-25,720	-29,580
Interest & Investment Income	11,060	12,248	9,906	3,051	2,016	2,600
Earnings From Equity Investments	-	-	-	-	-50.27	1,595
Currency Exchange Gain (Loss)	-21,992	-30,693	-8,088	-22,444	-24,561	19,475
Other Non Operating Income (Expenses)	-2,462	-1,802	1,298	2,034	-1,704	4,603
EBT Excluding Unusual Items	-179,471	-72,126	108,644	-149,157	-198,347	-175,617
Gain (Loss) on Sale of Investments	2,112	1,088	3,330	-999.48	-	179.2
Gain (Loss) on Sale of Assets	-59.43	-59.43	-84.19	-9.55	-14.92	-19.85
Pretax Income	-177,419	-71,097	111,890	-150,166	-198,362	-175,457
Income Tax Expense	-18,793	-5,219	12,758	-31,494	-42,118	-37,587
Net Income	-158,625	-65,878	99,132	-118,672	-156,244	-137,871
Preferred Dividends & Other Adjustments	-	-	240	800	600	-
Net Income to Common	-158,625	-65,878	98,892	-119,472	-156,844	-137,871
Shares Outstanding (Basic)	215	213	195	144	110	63
Shares Outstanding (Diluted)	215	213	215	144	110	63
Shares Change (YoY)	-1.10%	-1.02%	49.16%	30.97%	74.19%	12.38%
EPS (Basic)	-736.90	-309.38	505.98	-828.32	-1424.24	-2180.77
EPS (Diluted)	-736.90	-309.38	464.00	-828.32	-1424.24	-2181.00
Free Cash Flow	85,848	173,323	377,352	155,065	31,638	-85,774
Free Cash Flow Per Share	398.81	813.96	1754.04	1075.09	287.30	-1356.73
Gross Margin	2.03%	8.71%	18.69%	-8.31%	-50.94%	-51.03%
Operating Margin	-7.94%	-0.80%	10.34%	-19.77%	-69.18%	-64.75%
Profit Margin	-10.17%	-4.29%	7.33%	-22.72%	-73.16%	-51.21%
Free Cash Flow Margin	5.50%	11.28%	27.98%	29.49%	14.76%	-31.86%
EBITDA	4,555	104,230	239,459	-11,805	-56,416	-64,930
EBITDA Margin	0.29%	6.78%	17.75%	-2.25%	-26.31%	-24.12%
D&A For EBITDA	128,417	116,501	100,047	92,125	91,911	109,380
EBIT	-123,862	-12,271	139,412	-103,930	-148,327	-174,310
EBIT Margin	-7.94%	-0.80%	10.34%	-19.77%	-69.18%	-64.75%
Effective Tax Rate	-	-	11.40%	-	-	-
Advertising Expenses	-	6,825	1,786	2,048	499.8	565.87

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.