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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Jan 1, 2021	Jan 1, 2020
Revenue	988,276	984,685	1,011,062	409,277	903,545	1,208,926
Revenue Growth (YoY)	-4.57%	-2.61%	147.04%	-54.70%	-25.26%	-2.72%
Cost of Revenue	531,668	528,378	535,803	411,021	524,953	691,377
Gross Profit	456,607	456,306	475,259	-1,744	378,592	517,548
Selling, General & Admin	326,274	319,673	354,303	367,008	398,266	371,130
Operating Expenses	326,274	319,673	354,303	367,008	398,266	371,130
Operating Income	130,333	136,634	120,956	-368,752	-19,674	146,419
Interest Expense	-64,488	-20,207	-14,530	-13,707	-28,697	-77,595
Interest & Investment Income	21,899	28,938	14,631	29,694	24,543	26,954
Earnings From Equity Investments	28,237	20,032	9,685	9,653	4,714	9,360
Currency Exchange Gain (Loss)	178.95	76.44	-79.63	-43.47	-39.35	-1,008
Other Non Operating Income (Expenses)	-19,957	-20,992	-18,010	-11,072	-12,988	-11,189
EBT Excluding Unusual Items	96,203	144,480	112,651	-354,228	-32,140	92,942
Gain (Loss) on Sale of Investments	-6,944	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	90,482	163,052	113,933	-276,108	216,443	124,783
Income Tax Expense	44,280	21,791	54,869	3,921	11,487	42,111
Earnings From Continuing Operations	46,202	141,261	59,064	-280,029	204,956	82,672
Minority Interest in Earnings	20,623	-47,180	-18,625	204,059	-93,646	-8,047
Net Income	66,824	94,080	40,439	-75,970	111,310	74,625
Preferred Dividends & Other Adjustments	7,842	7,842	3,980	-	-	-
Net Income to Common	58,982	86,238	36,459	-75,970	111,310	74,625
Net Income Growth	-36.70%	132.65%	-	-	49.16%	202.41%
Shares Outstanding (Basic)	300	300	300	300	300	300
Shares Outstanding (Diluted)	300	300	300	300	300	300
Shares Change (YoY)	-0.10%	-	-	-	-	-
EPS (Basic)	196.61	287.46	121.53	-253.23	371.03	248.75
EPS (Diluted)	196.15	287.00	121.53	-253.23	371.00	248.75
EPS Growth	-42.02%	136.16%	-	-	49.15%	202.41%
Free Cash Flow	131,488	91,385	352,657	-118,968	-47,198	52,383
Free Cash Flow Per Share	438.29	304.62	1175.52	-396.56	-157.33	174.61
Gross Margin	46.20%	46.34%	47.01%	-0.43%	41.90%	42.81%
Operating Margin	13.19%	13.88%	11.96%	-90.10%	-2.18%	12.11%
Profit Margin	5.97%	8.76%	3.61%	-18.56%	12.32%	6.17%
Free Cash Flow Margin	13.30%	9.28%	34.88%	-29.07%	-5.22%	4.33%
EBITDA	181,478	189,975	193,039	-289,807	43,466	259,701
EBITDA Margin	18.36%	19.29%	19.09%	-70.81%	4.81%	21.48%
D&A For EBITDA	51,145	53,341	72,083	78,946	63,139	113,283
EBIT	130,333	136,634	120,956	-368,752	-19,674	146,419
EBIT Margin	13.19%	13.88%	11.96%	-90.10%	-2.18%	12.11%
Effective Tax Rate	48.94%	13.36%	48.16%	-	5.31%	33.75%
Revenue as Reported	988,276	984,685	1,011,062	409,277	903,545	1,208,926

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