FOODWELL Co., Ltd. (KOSDAQ: 005670)

FOODWELL Income Statement

Financials in millions KRW. 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	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	265,058	228,487	183,932	148,291	137,336	143,937
Other Revenue	-0	-	-	-0	-	-
Revenue	265,058	228,487	183,932	148,291	137,336	143,937
Revenue Growth (YoY)	30.40%	24.22%	24.03%	7.98%	-4.59%	16.28%
Cost of Revenue	229,686	197,907	158,918	125,941	117,976	122,128
Gross Profit	35,372	30,580	25,015	22,350	19,360	21,809
Selling, General & Admin	18,423	17,131	14,960	13,342	11,730	11,426
Research & Development	2,229	2,142	1,959	1,682	1,501	1,491
Other Operating Expenses	730.15	686.61	613.77	353.29	-472.45	-127.29
Operating Expenses	24,044	22,293	18,953	16,258	13,177	13,226
Operating Income	11,328	8,287	6,061	6,092	6,184	8,583
Interest Expense	-2,157	-2,170	-869.13	-264.24	-447.9	-778.41
Interest & Investment Income	319.61	318.18	149.27	208.82	368.04	531.96
Currency Exchange Gain (Loss)	208.85	-6.6	53.96	389.59	-7.81	18.31
Other Non Operating Income (Expenses)	2,699	2,457	-433.5	1,433	30.89	-3,281
EBT Excluding Unusual Items	12,398	8,886	4,962	7,859	6,127	5,074
Gain (Loss) on Sale of Investments	-	-1.02	-	-	-	-
Gain (Loss) on Sale of Assets	12.58	-27	17.47	353.93	423.9	37,764
Asset Writedown	-254.93	-252.73	-2,897	6	-1	-1,692
Other Unusual Items	-	-	-	41.24	-	-
Pretax Income	12,155	8,605	2,082	8,260	6,550	41,146
Income Tax Expense	1,015	421.81	58.18	600.47	804.59	9,161
Earnings From Continuing Operations	11,141	8,183	2,024	7,659	5,745	31,985
Minority Interest in Earnings	-3,080	-1,853	-576.33	-1,730	-1,640	-890.91
Net Income	8,061	6,330	1,448	5,929	4,106	31,094
Net Income to Common	8,061	6,330	1,448	5,929	4,106	31,094
Net Income Growth	505.34%	337.22%	-75.58%	44.43%	-86.80%	590.73%
Shares Outstanding (Basic)	9	9	10	10	10	10
Shares Outstanding (Diluted)	9	9	10	10	10	10
Shares Change (YoY)	-0.23%	-1.80%	-1.26%	0.31%	-1.66%	0.53%
EPS (Basic)	854.41	671.04	150.71	609.44	423.29	3152.53
EPS (Diluted)	854.41	671.04	150.71	609.44	423.29	3152.53
EPS Growth	506.74%	345.24%	-75.27%	43.98%	-86.57%	587.09%
Free Cash Flow	12,003	5,016	-16,111	-1,869	6,420	5,682
Free Cash Flow Per Share	1272.27	531.67	-1677.05	-192.08	661.88	576.04
Dividend Per Share	90.000	90.000	-	-	-	-
Gross Margin	13.34%	13.38%	13.60%	15.07%	14.10%	15.15%
Operating Margin	4.27%	3.63%	3.30%	4.11%	4.50%	5.96%
Profit Margin	3.04%	2.77%	0.79%	4.00%	2.99%	21.60%
Free Cash Flow Margin	4.53%	2.20%	-8.76%	-1.26%	4.67%	3.95%
EBITDA	21,656	18,283	13,689	12,582	12,250	14,435
EBITDA Margin	8.17%	8.00%	7.44%	8.48%	8.92%	10.03%
D&A For EBITDA	10,328	9,996	7,628	6,490	6,067	5,852
EBIT	11,328	8,287	6,061	6,092	6,184	8,583
EBIT Margin	4.27%	3.63%	3.30%	4.11%	4.50%	5.96%
Effective Tax Rate	8.35%	4.90%	2.79%	7.27%	12.28%	22.26%
Advertising Expenses	-	24.48	79.05	56.53	115.52	53.32

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