VT Co., Ltd. (KOSDAQ: 018290)

VT Co., Ltd. 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	388,074	295,501	240,241	226,770	107,395	112,757
Other Revenue	-0	-	-	-	-	-
Revenue	388,074	295,501	240,241	226,770	107,395	112,757
Revenue Growth (YoY)	56.30%	23.00%	5.94%	111.15%	-4.75%	3.00%
Cost of Revenue	192,285	155,762	135,431	131,647	74,012	71,815
Gross Profit	195,788	139,739	104,811	95,122	33,384	40,941
Selling, General & Admin	107,990	89,884	75,840	62,586	24,898	27,354
Research & Development	53.26	181.33	1,560	2,429	1,824	1,845
Operating Expenses	111,960	94,440	81,427	69,507	27,909	30,750
Operating Income	83,829	45,299	23,384	25,615	5,474	10,191
Interest Expense	-1,685	-1,742	-2,975	-4,544	-2,788	-1,615
Interest & Investment Income	1,207	1,620	432.35	181.6	142.98	121.21
Earnings From Equity Investments	-189.8	-189.8	-751.59	-415.11	-519.02	-
Currency Exchange Gain (Loss)	-1,851	-1,014	-1,785	520.04	-547.07	-382.75
Other Non Operating Income (Expenses)	-1,441	-692.53	32.85	1,110	-169.59	-5,940
EBT Excluding Unusual Items	79,868	43,281	18,337	22,467	1,593	2,374
Gain (Loss) on Sale of Investments	-1,718	-335.9	-1,246	1,615	-2,670	666.96
Gain (Loss) on Sale of Assets	-4.7	58.18	-9.17	772.99	17.71	-29.06
Asset Writedown	-1,548	-1,543	-3,291	-3,235	-	-
Other Unusual Items	10.53	59.44	-	-	-	-
Pretax Income	76,608	41,520	13,790	21,621	-1,059	3,012
Income Tax Expense	19,654	9,830	585.28	4,123	249.44	-399.7
Earnings From Continuing Operations	56,954	31,690	13,205	17,498	-1,309	3,412
Minority Interest in Earnings	-4,310	-4,422	-2,055	-2,584	2,414	-577.28
Net Income	52,645	27,268	11,149	14,914	1,105	2,834
Net Income to Common	52,645	27,268	11,149	14,914	1,105	2,834
Net Income Growth	563.66%	144.57%	-25.24%	1249.18%	-61.00%	-59.35%
Shares Outstanding (Basic)	34	34	33	33	32	27
Shares Outstanding (Diluted)	34	34	33	33	32	27
Shares Change (YoY)	3.56%	4.56%	-0.09%	1.83%	17.10%	8.61%
EPS (Basic)	1561.14	798.86	341.52	456.43	34.45	103.44
EPS (Diluted)	1561.14	798.86	341.52	456.00	34.00	103.00
EPS Growth	540.86%	133.91%	-25.11%	1241.18%	-66.99%	-62.68%
Free Cash Flow	60,376	24,509	52,055	46,772	-5,233	-8,084
Free Cash Flow Per Share	1790.40	718.02	1594.50	1431.42	-163.10	-295.02
Gross Margin	50.45%	47.29%	43.63%	41.95%	31.08%	36.31%
Operating Margin	21.60%	15.33%	9.73%	11.30%	5.10%	9.04%
Profit Margin	13.57%	9.23%	4.64%	6.58%	1.03%	2.51%
Free Cash Flow Margin	15.56%	8.29%	21.67%	20.63%	-4.87%	-7.17%
EBITDA	91,521	53,647	31,625	33,599	7,884	12,256
EBITDA Margin	23.58%	18.15%	13.16%	14.82%	7.34%	10.87%
D&A For EBITDA	7,693	8,348	8,242	7,983	2,410	2,065
EBIT	83,829	45,299	23,384	25,615	5,474	10,191
EBIT Margin	21.60%	15.33%	9.73%	11.30%	5.10%	9.04%
Effective Tax Rate	25.66%	23.67%	4.24%	19.07%	-	-
Advertising Expenses	-	20,608	17,743	20,296	3,677	3,433

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