Miwon Commercial Co., Ltd. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€269.11M +3.4%	€31.21M -17.2%	11.6% -0.029 pp	€79.82M -17.9%	29.7% -0.077 pp
2023	€260.20M -3.8%	€37.68M -15.5%	14.5% -0.020 pp	€97.25M +40.4%	37.4% +0.12 pp
2022	€270.59M +21.8%	€44.59M +25.1%	16.5% +0.0043 pp	€69.28M +33.7%	25.6% +0.023 pp
2021	€222.18M +22.0%	€35.66M +11.4%	16.0% -0.015 pp	€51.82M -14.2%	23.3% -0.098 pp
2020	€182.16M +18.0%	€32.02M +66.6%	17.6% +0.051 pp	€60.40M +58.2%	33.2% +0.084 pp
2019	€154.37M -23.9%	€19.22M +44.6%	12.4% +0.059 pp	€38.17M -9.6%	24.7% +0.039 pp
2018	€202.94M +3.1%	€13.29M -20.9%	6.6% -0.020 pp	€42.22M +21.5%	20.8% +0.031 pp
2017	€196.77M +5.6%	€16.81M +24.5%	8.5% +0.013 pp	€34.75M +11.0%	17.7% +0.0086 pp
2016	€186.33M +26.0%	€13.50M +53.0%	7.2% +0.013 pp	€31.31M +5.2%	16.8% -0.033 pp
2015	€147.86M -3.1%	€8.82M +45.3%	6.0% +0.020 pp	€29.75M +43.3%	20.1% +0.065 pp
2014	€152.66M +5.1%	€6.07M -28.4%	4.0% -0.019 pp	€20.76M -37.8%	13.6% -0.094 pp
2013	€145.26M +29.0%	€8.47M -21.9%	5.8% -0.038 pp	€33.40M +5.2%	23.0% -0.052 pp
2012	€112.62M +30.6%	€10.85M +30.2%	9.6% -0.00028 pp	€31.74M +71.1%	28.2% +0.067 pp
2011	€86.25M -7.5%	€8.33M -28.7%	9.7% -0.029 pp	€18.56M -28.2%	21.5% -0.062 pp
2010	€93.28M -20.8%	€11.68M +9.2%	12.5% +0.034 pp	€25.83M -14.8%	27.7% +0.020 pp
2009	€117.85M +185.6%	€10.69M +170.3%	9.1% -0.0051 pp	€30.30M +271.5%	25.7% +0.059 pp
2008	€41.26M -65.4%	€3.96M -53.4%	9.6% +0.025 pp	€8.16M -57.2%	19.8% +0.038 pp
2007	€119.29M	€8.48M	7.1%	€19.06M	16.0%