CowinTech Co Ltd
KOSDAQ:282880
Income Statement
Earnings Waterfall
CowinTech Co Ltd
Income Statement
CowinTech Co Ltd
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Interest Expense |
256
|
196
|
194
|
159
|
159
|
101
|
66
|
75
|
115
|
183
|
303
|
414
|
548
|
804
|
1 067
|
1 777
|
2 481
|
3 443
|
4 400
|
4 884
|
4 417
|
4 467
|
3 701
|
3 330
|
3 809
|
3 038
|
2 646
|
3 236
|
|
| Revenue |
76 832
N/A
|
88 079
+15%
|
93 619
+6%
|
90 827
-3%
|
91 102
+0%
|
84 215
-8%
|
69 823
-17%
|
52 206
-25%
|
45 355
-13%
|
55 519
+22%
|
76 781
+38%
|
87 836
+14%
|
106 350
+21%
|
148 736
+40%
|
160 634
+8%
|
192 846
+20%
|
201 155
+4%
|
204 864
+2%
|
260 135
+27%
|
292 167
+12%
|
335 958
+15%
|
320 054
-5%
|
293 747
-8%
|
300 256
+2%
|
244 390
-19%
|
217 326
-11%
|
196 005
-10%
|
147 605
-25%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
(60 037)
|
(65 433)
|
(66 303)
|
(61 959)
|
(63 871)
|
(61 465)
|
(52 457)
|
(40 405)
|
(35 524)
|
(43 780)
|
(61 963)
|
(70 995)
|
(87 135)
|
(124 450)
|
(134 232)
|
(163 571)
|
(167 455)
|
(168 223)
|
(208 195)
|
(237 965)
|
(282 754)
|
(273 555)
|
(252 909)
|
(250 837)
|
(205 546)
|
(179 443)
|
(166 004)
|
(128 415)
|
|
| Gross Profit |
16 795
N/A
|
22 645
+35%
|
27 314
+21%
|
28 866
+6%
|
27 231
-6%
|
22 749
-16%
|
17 366
-24%
|
11 801
-32%
|
9 831
-17%
|
11 739
+19%
|
14 818
+26%
|
16 841
+14%
|
19 214
+14%
|
24 286
+26%
|
26 402
+9%
|
29 275
+11%
|
33 700
+15%
|
36 641
+9%
|
51 940
+42%
|
54 202
+4%
|
53 204
-2%
|
46 499
-13%
|
40 838
-12%
|
49 419
+21%
|
38 844
-21%
|
37 883
-2%
|
30 001
-21%
|
19 190
-36%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(6 286)
|
(6 506)
|
(7 380)
|
(7 969)
|
(6 385)
|
(7 850)
|
(8 276)
|
(8 669)
|
(9 202)
|
(9 065)
|
(11 619)
|
(13 332)
|
(12 598)
|
(15 936)
|
(16 200)
|
(16 891)
|
(18 919)
|
(21 150)
|
(24 833)
|
(23 533)
|
(30 387)
|
(31 434)
|
(29 166)
|
(34 590)
|
(35 241)
|
(36 296)
|
(37 849)
|
(37 506)
|
|
| Selling, General & Administrative |
(6 019)
|
(6 180)
|
(7 002)
|
(7 560)
|
(5 685)
|
(6 504)
|
(6 876)
|
(6 794)
|
(7 568)
|
(7 813)
|
(9 828)
|
(11 527)
|
(10 139)
|
(11 995)
|
(11 826)
|
(12 385)
|
(14 169)
|
(14 712)
|
(19 125)
|
(17 577)
|
(22 514)
|
(22 965)
|
(20 894)
|
(25 605)
|
(27 375)
|
(28 325)
|
(29 719)
|
(29 645)
|
|
| Research & Development |
(103)
|
(105)
|
(143)
|
(155)
|
(468)
|
(1 075)
|
0
|
(1 407)
|
(1 081)
|
(647)
|
(1 117)
|
(1 085)
|
(921)
|
(1 362)
|
(1 433)
|
(1 765)
|
(2 260)
|
(2 449)
|
(3 168)
|
(3 307)
|
(5 026)
|
(5 704)
|
(5 688)
|
(6 616)
|
(5 757)
|
(5 950)
|
(6 006)
|
(5 686)
|
|
| Depreciation & Amortization |
(163)
|
(179)
|
(193)
|
(211)
|
(232)
|
(271)
|
(377)
|
(469)
|
(553)
|
(606)
|
(675)
|
(720)
|
(1 539)
|
(1 966)
|
(2 328)
|
(2 741)
|
(2 489)
|
(2 602)
|
(2 665)
|
(2 773)
|
(2 847)
|
(2 765)
|
(2 584)
|
(2 378)
|
(2 109)
|
(2 029)
|
(2 132)
|
(2 175)
|
|
| Other Operating Expenses |
0
|
(42)
|
(42)
|
(43)
|
0
|
0
|
(1 023)
|
0
|
0
|
0
|
0
|
0
|
0
|
(613)
|
(613)
|
0
|
0
|
(1 387)
|
124
|
124
|
0
|
0
|
0
|
9
|
0
|
9
|
9
|
0
|
|
| Operating Income |
10 509
N/A
|
16 139
+54%
|
19 934
+24%
|
20 897
+5%
|
20 847
0%
|
14 898
-29%
|
9 089
-39%
|
3 130
-66%
|
629
-80%
|
2 673
+325%
|
3 198
+20%
|
3 509
+10%
|
6 616
+89%
|
8 350
+26%
|
10 202
+22%
|
12 384
+21%
|
14 782
+19%
|
15 491
+5%
|
27 106
+75%
|
30 669
+13%
|
22 817
-26%
|
15 065
-34%
|
11 672
-23%
|
14 830
+27%
|
3 603
-76%
|
1 587
-56%
|
(7 848)
N/A
|
(18 316)
-133%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
(163)
|
(296)
|
(1 442)
|
(1 877)
|
(1 926)
|
(466)
|
764
|
1 419
|
1 332
|
432
|
607
|
2 500
|
2 216
|
2 106
|
2 588
|
1 200
|
(7 155)
|
(1 729)
|
(10 397)
|
(11 295)
|
7 537
|
9 087
|
16 033
|
12 187
|
4 793
|
2 520
|
(4 455)
|
4 172
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(613)
|
0
|
0
|
(611)
|
(1 511)
|
0
|
(1 516)
|
(1 480)
|
(5 083)
|
(5 166)
|
(5 167)
|
(5 204)
|
(6)
|
(5)
|
(0)
|
0
|
|
| Gain/Loss on Disposition of Assets |
14
|
10
|
9
|
9
|
9
|
0
|
15
|
0
|
40
|
40
|
23
|
30
|
8
|
0
|
0
|
0
|
(10)
|
(26)
|
(98)
|
0
|
(306)
|
(290)
|
(214)
|
0
|
(8)
|
(4)
|
3
|
0
|
|
| Total Other Income |
153
|
149
|
456
|
338
|
301
|
285
|
31
|
117
|
12
|
381
|
349
|
536
|
176
|
(113)
|
(93)
|
(143)
|
1 495
|
1 222
|
1 187
|
4 855
|
515
|
749
|
1 324
|
(2 241)
|
1 309
|
2 674
|
2 412
|
1 825
|
|
| Pre-Tax Income |
10 513
N/A
|
16 002
+52%
|
18 957
+18%
|
19 367
+2%
|
19 231
-1%
|
14 719
-23%
|
9 900
-33%
|
4 666
-53%
|
2 012
-57%
|
3 525
+75%
|
4 175
+18%
|
6 573
+57%
|
8 403
+28%
|
10 343
+23%
|
12 698
+23%
|
12 831
+1%
|
7 601
-41%
|
14 959
+97%
|
16 283
+9%
|
22 748
+40%
|
25 480
+12%
|
19 444
-24%
|
23 648
+22%
|
19 571
-17%
|
9 691
-50%
|
6 772
-30%
|
(9 888)
N/A
|
(12 319)
-25%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
(174)
|
(877)
|
(1 551)
|
(1 929)
|
(2 097)
|
(1 440)
|
(414)
|
(29)
|
534
|
(126)
|
(525)
|
(806)
|
(1 051)
|
(1 183)
|
(1 865)
|
(1 452)
|
33
|
(1 323)
|
(2 063)
|
(4 665)
|
(3 050)
|
(2 533)
|
(693)
|
1 363
|
1 310
|
1 623
|
4 669
|
4 411
|
|
| Income from Continuing Operations |
10 339
|
15 126
|
17 406
|
17 438
|
17 134
|
13 277
|
9 486
|
4 636
|
2 546
|
3 399
|
3 649
|
5 767
|
7 352
|
9 160
|
10 832
|
11 379
|
7 634
|
13 635
|
14 220
|
18 083
|
22 430
|
16 911
|
22 955
|
20 934
|
11 001
|
8 394
|
(5 218)
|
(7 908)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(464)
|
(923)
|
(1 773)
|
(3 511)
|
(4 936)
|
(5 578)
|
(5 010)
|
(6 745)
|
(4 917)
|
(9 547)
|
(10 614)
|
(8 200)
|
(6 887)
|
(2 445)
|
5 193
|
6 874
|
8 626
|
11 561
|
|
| Net Income (Common) |
10 339
N/A
|
15 126
+46%
|
17 406
+15%
|
17 438
+0%
|
17 134
-2%
|
13 277
-23%
|
9 486
-29%
|
4 636
-51%
|
2 546
-45%
|
3 399
+34%
|
3 185
-6%
|
4 844
+52%
|
5 580
+15%
|
5 649
+1%
|
5 896
+4%
|
5 801
-2%
|
2 624
-55%
|
6 891
+163%
|
9 303
+35%
|
8 536
-8%
|
11 815
+38%
|
8 712
-26%
|
16 068
+84%
|
18 489
+15%
|
16 194
-12%
|
15 268
-6%
|
3 407
-78%
|
3 653
+7%
|
|
| EPS (Diluted) |
1 220.94
N/A
|
1 779.29
+46%
|
1 859.97
+5%
|
1 968.31
+6%
|
1 865.38
-5%
|
1 246.21
-33%
|
896.01
-28%
|
438.42
-51%
|
240.48
-45%
|
323.19
+34%
|
667.8
+107%
|
459.75
-31%
|
529.81
+15%
|
536.62
+1%
|
560.08
+4%
|
551.05
-2%
|
256.74
-53%
|
655.11
+155%
|
883.44
+35%
|
800.04
-9%
|
1 118.95
+40%
|
761.43
-32%
|
1 397.86
+84%
|
1 611.52
+15%
|
1 409.04
-13%
|
1 335.63
-5%
|
297.3
-78%
|
318.75
+7%
|
|