Maeil Holdings Co., Ltd. (KOSDAQ: 005990)

Maeil Holdings 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,174,075	2,146,399	1,979,261	1,806,735	1,661,650	1,590,752
Other Revenue	-0	-0	-	-0	-	-
Revenue	2,174,075	2,146,399	1,979,261	1,806,735	1,661,650	1,590,752
Revenue Growth (YoY)	2.13%	8.44%	9.55%	8.73%	4.46%	6.71%
Cost of Revenue	1,449,928	1,448,197	1,341,143	1,223,117	1,131,999	1,083,118
Gross Profit	724,147	698,202	638,118	583,619	529,651	507,635
Selling, General & Admin	613,028	588,964	540,504	467,030	423,906	398,888
Operating Expenses	645,631	616,370	566,751	489,817	446,290	423,207
Operating Income	78,516	81,832	71,367	93,802	83,361	84,428
Interest Expense	-7,269	-7,544	-7,840	-6,749	-4,116	-4,764
Interest & Investment Income	8,097	6,069	4,557	3,106	2,456	2,834
Earnings From Equity Investments	2,583	-840.29	-191.66	5,472	-1,646	21,239
Currency Exchange Gain (Loss)	-302.53	-147.41	-2,952	947.4	-1,267	-660.11
Other Non Operating Income (Expenses)	-5,585	475.18	-7,363	23,987	-13,588	-14,271
EBT Excluding Unusual Items	76,039	79,844	57,578	120,565	65,199	88,806
Gain (Loss) on Sale of Investments	1,954	2,779	-28,762	8,829	2,248	1,063
Gain (Loss) on Sale of Assets	27,539	27,889	-354.51	-1,234	-171.05	-2,479
Asset Writedown	-1,923	-3,781	-1,208	-582.86	-1,931	-790.35
Pretax Income	104,367	106,731	27,253	127,576	65,345	86,599
Income Tax Expense	18,486	20,381	10,398	31,131	24,063	19,370
Earnings From Continuing Operations	85,881	86,350	16,855	96,445	41,282	67,229
Net Income to Company	85,881	86,350	16,855	96,445	41,282	67,229
Minority Interest in Earnings	-35,405	-36,658	-10,339	-51,072	-39,312	-44,652
Net Income	50,476	49,692	6,516	45,374	1,970	22,577
Net Income to Common	50,476	49,692	6,516	45,374	1,970	22,577
Net Income Growth	182.43%	662.65%	-85.64%	2203.80%	-91.28%	-11.15%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	-0.13%	-0.13%	-1.25%	-0.61%	-2.24%	-2.85%
EPS (Basic)	4036.69	3970.04	519.86	3575.11	154.24	1728.50
EPS (Diluted)	4036.65	3970.00	519.86	3575.00	154.00	1728.00
EPS Growth	182.80%	663.67%	-85.46%	2221.43%	-91.09%	-8.57%
Free Cash Flow	60,181	137,916	-22,138	52,574	3,929	53,780
Free Cash Flow Per Share	4812.81	11018.45	-1766.27	4142.46	307.69	4117.45
Dividend Per Share	200.000	200.000	150.000	150.000	140.000	140.000
Dividend Growth	33.33%	33.33%	0%	7.14%	0%	-
Gross Margin	33.31%	32.53%	32.24%	32.30%	31.87%	31.91%
Operating Margin	3.61%	3.81%	3.61%	5.19%	5.02%	5.31%
Profit Margin	2.32%	2.32%	0.33%	2.51%	0.12%	1.42%
Free Cash Flow Margin	2.77%	6.43%	-1.12%	2.91%	0.24%	3.38%
EBITDA	153,945	151,177	133,293	155,118	139,248	139,189
EBITDA Margin	7.08%	7.04%	6.73%	8.59%	8.38%	8.75%
D&A For EBITDA	75,429	69,345	61,925	61,316	55,886	54,761
EBIT	78,516	81,832	71,367	93,802	83,361	84,428
EBIT Margin	3.61%	3.81%	3.61%	5.19%	5.02%	5.31%
Effective Tax Rate	17.71%	19.10%	38.15%	24.40%	36.83%	22.37%
Advertising Expenses	-	89,771	92,792	76,380	68,428	64,860

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