Ocean Group JSC (HOSE: OGC)

Ocean Group JSC Income Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Jan 1, 2021	Jan 1, 2020
Revenue	1,000,346	984,685	1,011,062	409,277	903,545	1,208,926
Revenue Growth (YoY)	-1.44%	-2.61%	147.04%	-54.70%	-25.26%	-2.72%
Cost of Revenue	528,110	528,378	535,803	411,021	524,953	691,377
Gross Profit	472,236	456,306	475,259	-1,744	378,592	517,548
Selling, General & Admin	387,158	319,673	354,303	367,008	398,266	371,130
Operating Expenses	387,158	319,673	354,303	367,008	398,266	371,130
Operating Income	85,078	136,634	120,956	-368,752	-19,674	146,419
Interest Expense	-87,860	-20,207	-14,530	-13,707	-28,697	-77,595
Interest & Investment Income	-	28,938	14,631	29,694	24,543	26,954
Earnings From Equity Investments	31,259	20,032	9,685	9,653	4,714	9,360
Currency Exchange Gain (Loss)	76.44	76.44	-79.63	-43.47	-39.35	-1,008
Other Non Operating Income (Expenses)	38,513	-20,992	-18,010	-11,072	-12,988	-11,189
EBT Excluding Unusual Items	67,067	144,480	112,651	-354,228	-32,140	92,942
Gain (Loss) on Sale of Investments	17,349	17,349	2,553	19,780	248,646	32,675
Gain (Loss) on Sale of Assets	1,223	1,223	-1,272	-1,185	454.84	-834.35
Legal Settlements	-	-	-	58,241	-518.17	-
Other Unusual Items	-	-	-	1,284	-	-
Pretax Income	85,639	163,052	113,933	-276,108	216,443	124,783
Income Tax Expense	21,075	21,791	54,869	3,921	11,487	42,111
Earnings From Continuing Operations	64,563	141,261	59,064	-280,029	204,956	82,672
Minority Interest in Earnings	-44,008	-47,180	-18,625	204,059	-93,646	-8,047
Net Income	20,556	94,080	40,439	-75,970	111,310	74,625
Preferred Dividends & Other Adjustments	7,842	7,842	3,980	-	-	-
Net Income to Common	12,714	86,238	36,459	-75,970	111,310	74,625
Net Income Growth	-80.51%	132.65%	-	-	49.16%	202.41%
Shares Outstanding (Basic)	299	300	300	300	300	300
Shares Outstanding (Diluted)	299	300	300	300	300	300
Shares Change (YoY)	-0.25%	-	-	-	-	-
EPS (Basic)	42.48	287.46	121.53	-253.23	371.03	248.75
EPS (Diluted)	42.02	287.00	121.53	-253.23	371.00	248.75
EPS Growth	-87.58%	136.16%	-	-	49.15%	202.41%
Free Cash Flow	173,801	91,385	352,657	-118,968	-47,198	52,383
Free Cash Flow Per Share	580.74	304.62	1175.52	-396.56	-157.33	174.61
Gross Margin	47.21%	46.34%	47.01%	-0.43%	41.90%	42.81%
Operating Margin	8.50%	13.88%	11.96%	-90.10%	-2.18%	12.11%
Profit Margin	1.27%	8.76%	3.61%	-18.56%	12.32%	6.17%
Free Cash Flow Margin	17.37%	9.28%	34.88%	-29.07%	-5.22%	4.33%
EBITDA	133,965	189,975	193,039	-289,807	43,466	259,701
EBITDA Margin	13.39%	19.29%	19.09%	-70.81%	4.81%	21.48%
D&A For EBITDA	48,887	53,341	72,083	78,946	63,139	113,283
EBIT	85,078	136,634	120,956	-368,752	-19,674	146,419
EBIT Margin	8.50%	13.88%	11.96%	-90.10%	-2.18%	12.11%
Effective Tax Rate	24.61%	13.36%	48.16%	-	5.31%	33.75%
Revenue as Reported	1,000,346	984,685	1,011,062	409,277	903,545	1,208,926

Source: S&P Capital IQ. Standard template. Financial Sources.