TSE Co Ltd
KOSDAQ:131290
Income Statement
Earnings Waterfall
TSE Co Ltd
Income Statement
TSE Co Ltd
| Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | 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 |
1 272
|
0
|
0
|
0
|
1 079
|
0
|
0
|
0
|
1 066
|
0
|
0
|
0
|
968
|
0
|
0
|
0
|
576
|
0
|
0
|
0
|
772
|
0
|
0
|
0
|
648
|
0
|
0
|
0
|
610
|
0
|
0
|
0
|
322
|
0
|
180
|
315
|
659
|
743
|
779
|
907
|
1 349
|
1 632
|
1 987
|
2 342
|
1 993
|
1 964
|
1 934
|
1 871
|
2 093
|
2 089
|
0
|
0
|
|
| Revenue |
98 713
N/A
|
92 745
-6%
|
97 695
+5%
|
103 819
+6%
|
110 667
+7%
|
108 468
-2%
|
117 449
+8%
|
137 742
+17%
|
145 648
+6%
|
159 404
+9%
|
151 738
-5%
|
136 006
-10%
|
132 224
-3%
|
123 667
-6%
|
123 291
0%
|
124 132
+1%
|
126 712
+2%
|
141 229
+11%
|
157 652
+12%
|
175 730
+11%
|
185 749
+6%
|
195 468
+5%
|
189 416
-3%
|
175 576
-7%
|
184 431
+5%
|
163 419
-11%
|
170 929
+5%
|
179 323
+5%
|
191 490
+7%
|
217 265
+13%
|
239 925
+10%
|
287 128
+20%
|
285 509
-1%
|
289 801
+2%
|
304 642
+5%
|
282 771
-7%
|
307 663
+9%
|
327 064
+6%
|
328 701
+1%
|
345 003
+5%
|
339 264
-2%
|
302 932
-11%
|
272 929
-10%
|
260 462
-5%
|
249 148
-4%
|
262 747
+5%
|
281 477
+7%
|
315 214
+12%
|
348 053
+10%
|
372 874
+7%
|
414 439
+11%
|
408 162
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(78 677)
|
(79 122)
|
(82 894)
|
(85 633)
|
(91 670)
|
(89 149)
|
(95 266)
|
(112 572)
|
(118 513)
|
(127 978)
|
(125 282)
|
(114 368)
|
(111 684)
|
(109 166)
|
(107 319)
|
(111 301)
|
(115 310)
|
(119 884)
|
(128 903)
|
(136 122)
|
(138 060)
|
(142 851)
|
(139 703)
|
(131 336)
|
(139 254)
|
(129 364)
|
(131 406)
|
(133 597)
|
(139 360)
|
(149 846)
|
(162 712)
|
(199 326)
|
(203 329)
|
(206 002)
|
(215 387)
|
(198 399)
|
(209 839)
|
(219 230)
|
(218 110)
|
(233 149)
|
(239 867)
|
(232 491)
|
(229 646)
|
(222 639)
|
(215 558)
|
(224 496)
|
(230 374)
|
(246 587)
|
(261 049)
|
(271 522)
|
(300 770)
|
(297 443)
|
|
| Gross Profit |
20 036
N/A
|
13 625
-32%
|
14 803
+9%
|
18 187
+23%
|
18 997
+4%
|
19 321
+2%
|
22 184
+15%
|
25 171
+13%
|
27 136
+8%
|
31 425
+16%
|
26 455
-16%
|
21 637
-18%
|
20 540
-5%
|
14 501
-29%
|
15 972
+10%
|
12 831
-20%
|
11 402
-11%
|
21 346
+87%
|
28 750
+35%
|
39 609
+38%
|
47 689
+20%
|
52 617
+10%
|
49 713
-6%
|
44 240
-11%
|
45 177
+2%
|
34 055
-25%
|
39 523
+16%
|
45 726
+16%
|
52 130
+14%
|
67 419
+29%
|
77 213
+15%
|
87 802
+14%
|
82 179
-6%
|
83 799
+2%
|
89 254
+7%
|
84 372
-5%
|
97 824
+16%
|
107 834
+10%
|
110 591
+3%
|
111 854
+1%
|
99 397
-11%
|
70 441
-29%
|
43 283
-39%
|
37 824
-13%
|
33 590
-11%
|
38 250
+14%
|
51 103
+34%
|
68 627
+34%
|
87 005
+27%
|
101 352
+16%
|
113 669
+12%
|
110 719
-3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(14 465)
|
(14 019)
|
(14 529)
|
(14 390)
|
(15 846)
|
(15 865)
|
(15 780)
|
(16 499)
|
(17 829)
|
(18 212)
|
(18 524)
|
(18 820)
|
(20 024)
|
(22 193)
|
(22 899)
|
(23 553)
|
(24 056)
|
(22 201)
|
(22 687)
|
(22 792)
|
(24 871)
|
(26 201)
|
(27 445)
|
(29 176)
|
(30 343)
|
(30 665)
|
(31 966)
|
(32 302)
|
(31 466)
|
(32 524)
|
(31 405)
|
(36 032)
|
(39 470)
|
(41 508)
|
(43 809)
|
(40 453)
|
(43 179)
|
(42 816)
|
(43 536)
|
(46 956)
|
(42 771)
|
(42 712)
|
(41 471)
|
(37 982)
|
(35 970)
|
(37 141)
|
(37 782)
|
(41 482)
|
(47 106)
|
(55 268)
|
(61 489)
|
(67 646)
|
|
| Selling, General & Administrative |
(12 717)
|
(12 825)
|
(12 899)
|
(12 834)
|
(13 738)
|
(13 738)
|
(13 355)
|
(13 751)
|
(14 827)
|
(15 246)
|
(15 541)
|
(15 791)
|
(16 892)
|
(18 686)
|
(19 588)
|
(20 331)
|
(20 790)
|
(19 277)
|
(19 501)
|
(19 607)
|
(21 814)
|
(23 064)
|
(24 284)
|
(25 985)
|
(27 216)
|
(27 626)
|
(28 772)
|
(28 970)
|
(27 925)
|
(28 674)
|
(27 496)
|
(32 134)
|
(35 915)
|
(38 241)
|
(40 785)
|
(37 673)
|
(40 148)
|
(40 021)
|
(40 866)
|
(44 265)
|
(40 094)
|
(39 706)
|
(38 687)
|
(35 121)
|
(33 120)
|
(34 415)
|
(34 923)
|
(38 671)
|
(44 396)
|
(52 530)
|
(58 635)
|
(64 579)
|
|
| Depreciation & Amortization |
(1 748)
|
(1 194)
|
(1 629)
|
(1 555)
|
(2 108)
|
(2 127)
|
(2 425)
|
(2 749)
|
(3 002)
|
(2 966)
|
(2 983)
|
(3 028)
|
(3 132)
|
(3 507)
|
(3 311)
|
(3 222)
|
(3 265)
|
(2 925)
|
(3 187)
|
(3 186)
|
(3 057)
|
(3 138)
|
(3 162)
|
(3 193)
|
(3 127)
|
(3 039)
|
(3 195)
|
(3 332)
|
(3 541)
|
(3 851)
|
(3 909)
|
(3 898)
|
(3 554)
|
(3 267)
|
(3 067)
|
(2 823)
|
(3 031)
|
(2 838)
|
(2 670)
|
(2 690)
|
(2 677)
|
(2 894)
|
(2 783)
|
(2 860)
|
(2 851)
|
(2 726)
|
(2 859)
|
(2 811)
|
(2 710)
|
(2 739)
|
(2 854)
|
(3 067)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
43
|
43
|
0
|
43
|
0
|
0
|
0
|
(112)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
5 571
N/A
|
(396)
N/A
|
273
N/A
|
3 797
+1 291%
|
3 151
-17%
|
3 455
+10%
|
6 404
+85%
|
8 671
+35%
|
9 307
+7%
|
13 214
+42%
|
7 931
-40%
|
2 818
-64%
|
517
-82%
|
(7 691)
N/A
|
(6 926)
+10%
|
(10 721)
-55%
|
(12 654)
-18%
|
(856)
+93%
|
6 062
N/A
|
16 816
+177%
|
22 819
+36%
|
26 415
+16%
|
22 266
-16%
|
15 061
-32%
|
14 834
-2%
|
3 388
-77%
|
7 555
+123%
|
13 423
+78%
|
20 664
+54%
|
34 892
+69%
|
45 806
+31%
|
51 768
+13%
|
42 710
-17%
|
42 291
-1%
|
45 446
+7%
|
43 919
-3%
|
54 645
+24%
|
65 019
+19%
|
67 055
+3%
|
64 898
-3%
|
56 626
-13%
|
27 729
-51%
|
1 813
-93%
|
(158)
N/A
|
(2 380)
-1 407%
|
1 109
N/A
|
13 321
+1 101%
|
27 145
+104%
|
39 899
+47%
|
46 083
+16%
|
52 180
+13%
|
43 073
-17%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
810
|
531
|
108
|
(583)
|
(1 147)
|
(1 152)
|
(1 553)
|
(235)
|
(141)
|
3
|
1 704
|
2 496
|
2 349
|
2 040
|
1 030
|
(929)
|
335
|
(939)
|
(544)
|
335
|
(3 596)
|
(2 705)
|
(1 310)
|
(1 314)
|
1 907
|
3 108
|
1 775
|
3 455
|
1 457
|
3 841
|
2 571
|
(22)
|
(2 657)
|
(2 599)
|
860
|
6 427
|
11 668
|
9 814
|
14 285
|
21 696
|
8 405
|
8 609
|
337
|
(10 131)
|
(1 217)
|
312
|
3 807
|
(2 313)
|
15 228
|
10 771
|
(985)
|
7 598
|
|
| Non-Reccuring Items |
(362)
|
0
|
0
|
0
|
(279)
|
0
|
0
|
0
|
(884)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 634)
|
0
|
0
|
0
|
(678)
|
0
|
0
|
0
|
(690)
|
0
|
0
|
0
|
(1 218)
|
0
|
0
|
0
|
(2 518)
|
0
|
(10)
|
(10)
|
(2 019)
|
(1 704)
|
(1 694)
|
(1 796)
|
(122)
|
0
|
(122)
|
(24)
|
(35)
|
(54)
|
(54)
|
(70)
|
(50)
|
(50)
|
(50)
|
(9)
|
|
| Gain/Loss on Disposition of Assets |
20
|
0
|
0
|
0
|
286
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
151
|
0
|
0
|
0
|
57
|
0
|
0
|
0
|
482
|
0
|
0
|
0
|
183
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
343
|
0
|
5
|
103
|
150
|
139
|
17
|
(12)
|
(189)
|
(182)
|
(55)
|
(114)
|
(35)
|
1
|
20
|
115
|
225
|
182
|
227
|
137
|
|
| Total Other Income |
175
|
(71)
|
(154)
|
(181)
|
428
|
248
|
554
|
503
|
1 016
|
145
|
57
|
406
|
529
|
321
|
322
|
(145)
|
132
|
(1 051)
|
(1 055)
|
(165)
|
321
|
255
|
215
|
(255)
|
293
|
(363)
|
(213)
|
(414)
|
458
|
(1 241)
|
(1 501)
|
(867)
|
(487)
|
(2 401)
|
(2 214)
|
(2 921)
|
(320)
|
722
|
876
|
1 024
|
682
|
496
|
228
|
36
|
274
|
139
|
320
|
439
|
176
|
346
|
138
|
127
|
|
| Pre-Tax Income |
6 214
N/A
|
65
-99%
|
228
+251%
|
3 034
+1 231%
|
2 439
-20%
|
2 551
+5%
|
5 405
+112%
|
8 939
+65%
|
9 294
+4%
|
13 361
+44%
|
9 690
-27%
|
5 720
-41%
|
3 546
-38%
|
(5 332)
N/A
|
(5 575)
-5%
|
(11 794)
-112%
|
(13 763)
-17%
|
(2 844)
+79%
|
4 465
N/A
|
16 987
+280%
|
19 348
+14%
|
23 966
+24%
|
21 172
-12%
|
13 493
-36%
|
16 528
+22%
|
6 134
-63%
|
9 118
+49%
|
16 465
+81%
|
21 335
+30%
|
37 493
+76%
|
46 877
+25%
|
50 880
+9%
|
37 390
-27%
|
37 291
0%
|
44 088
+18%
|
47 519
+8%
|
64 124
+35%
|
73 989
+15%
|
80 540
+9%
|
85 810
+7%
|
65 402
-24%
|
36 652
-44%
|
2 201
-94%
|
(10 392)
N/A
|
(3 393)
+67%
|
1 508
N/A
|
17 413
+1 055%
|
25 316
+45%
|
55 477
+119%
|
57 332
+3%
|
51 510
-10%
|
50 927
-1%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1 549)
|
(409)
|
(165)
|
(1 089)
|
(1 970)
|
(1 995)
|
(2 199)
|
(2 872)
|
(1 610)
|
(2 197)
|
(1 605)
|
(681)
|
(1 162)
|
(383)
|
(222)
|
(385)
|
(24)
|
(724)
|
(1 504)
|
(2 508)
|
(2 461)
|
(4 131)
|
(4 688)
|
(3 452)
|
(3 725)
|
(1 743)
|
(2 362)
|
(3 610)
|
(5 344)
|
(8 592)
|
(10 385)
|
(11 609)
|
(7 966)
|
(8 493)
|
(12 117)
|
(13 105)
|
(20 889)
|
(22 316)
|
(22 680)
|
(25 298)
|
(12 036)
|
(6 693)
|
1 317
|
6 342
|
1 298
|
621
|
(2 745)
|
(4 208)
|
(10 446)
|
(10 664)
|
(8 869)
|
(10 024)
|
|
| Income from Continuing Operations |
4 665
|
(344)
|
63
|
1 945
|
469
|
555
|
3 205
|
6 066
|
7 684
|
11 163
|
8 084
|
5 038
|
2 384
|
(5 715)
|
(5 797)
|
(12 179)
|
(13 787)
|
(3 569)
|
2 960
|
14 478
|
16 887
|
19 835
|
16 484
|
10 041
|
12 802
|
4 391
|
6 756
|
12 855
|
15 990
|
28 901
|
36 492
|
39 271
|
29 424
|
28 797
|
31 971
|
34 413
|
43 235
|
51 673
|
57 861
|
60 512
|
53 365
|
29 959
|
3 517
|
(4 050)
|
(2 095)
|
2 129
|
14 668
|
21 108
|
45 032
|
46 668
|
42 641
|
40 903
|
|
| Income to Minority Interest |
(291)
|
71
|
(209)
|
(448)
|
(236)
|
(773)
|
(618)
|
(773)
|
(1 180)
|
(1 215)
|
(985)
|
(1 165)
|
(502)
|
(223)
|
(555)
|
(172)
|
(595)
|
(1 575)
|
(2 264)
|
(3 103)
|
(2 817)
|
(2 363)
|
(1 457)
|
(124)
|
(226)
|
649
|
1 032
|
494
|
181
|
(1 592)
|
(2 909)
|
(4 283)
|
(2 288)
|
(1 156)
|
273
|
1 768
|
1 486
|
308
|
(1 918)
|
(3 293)
|
(3 546)
|
(1 634)
|
846
|
1 446
|
2 216
|
1 034
|
(222)
|
0
|
(2 555)
|
(601)
|
(306)
|
(23)
|
|
| Net Income (Common) |
3 879
N/A
|
(659)
N/A
|
(740)
-12%
|
860
N/A
|
(483)
N/A
|
(1 239)
-157%
|
1 774
N/A
|
4 523
+155%
|
6 449
+43%
|
9 948
+54%
|
7 099
-29%
|
3 873
-45%
|
1 883
-51%
|
(5 938)
N/A
|
(6 352)
-7%
|
(12 351)
-94%
|
(14 382)
-16%
|
(5 143)
+64%
|
696
N/A
|
11 375
+1 534%
|
14 071
+24%
|
17 472
+24%
|
15 028
-14%
|
9 917
-34%
|
12 576
+27%
|
5 039
-60%
|
7 787
+55%
|
13 349
+71%
|
16 171
+21%
|
27 308
+69%
|
33 582
+23%
|
34 987
+4%
|
27 137
-22%
|
27 641
+2%
|
32 244
+17%
|
36 181
+12%
|
44 721
+24%
|
51 981
+16%
|
55 943
+8%
|
57 219
+2%
|
49 819
-13%
|
28 325
-43%
|
4 363
-85%
|
(2 604)
N/A
|
121
N/A
|
3 163
+2 516%
|
14 446
+357%
|
21 109
+46%
|
42 476
+101%
|
46 067
+8%
|
42 334
-8%
|
40 880
-3%
|
|
| EPS (Diluted) |
352.63
N/A
|
-65.9
N/A
|
-74
-12%
|
86
N/A
|
-48.3
N/A
|
-123.9
-157%
|
177.4
N/A
|
452.3
+155%
|
644.9
+43%
|
904.36
+40%
|
645.36
-29%
|
352.09
-45%
|
171.18
-51%
|
-593.79
N/A
|
-635.2
-7%
|
-1 235.09
-94%
|
-1 438.2
-16%
|
-514.29
+64%
|
69.59
N/A
|
1 137.5
+1 535%
|
1 407.1
+24%
|
1 747.2
+24%
|
1 502.8
-14%
|
991.7
-34%
|
1 257.59
+27%
|
503.9
-60%
|
778.7
+55%
|
1 334.9
+71%
|
1 617.1
+21%
|
2 730.8
+69%
|
3 358.2
+23%
|
3 498.7
+4%
|
2 713.7
-22%
|
2 602.74
-4%
|
3 028.92
+16%
|
3 399.45
+12%
|
4 203.99
+24%
|
4 882.97
+16%
|
5 185.72
+6%
|
5 282.14
+2%
|
4 614.01
-13%
|
2 624.84
-43%
|
408.35
-84%
|
-243.68
N/A
|
11.29
N/A
|
295.98
+2 522%
|
1 350.99
+356%
|
1 957.12
+45%
|
3 955.86
+102%
|
4 271.23
+8%
|
3 925.1
-8%
|
3 790.24
-3%
|
|