MK Electron Co., Ltd. (KOSDAQ: 033160)

MK Electron 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	907,479	846,889	810,351	732,524	638,329	475,919
Other Revenue	277,599	270,086	212,858	225,501	237,431	255,696
Revenue	1,185,078	1,116,975	1,023,210	958,026	875,759	731,615
Revenue Growth (YoY)	18.56%	9.16%	6.80%	9.39%	19.70%	3.56%
Cost of Revenue	1,108,856	1,044,172	915,528	828,373	745,093	584,361
Gross Profit	76,222	72,803	107,682	129,652	130,667	147,254
Selling, General & Admin	22,064	21,188	20,580	19,180	17,991	18,991
Research & Development	506.64	700.39	728.23	745.51	655.13	660.96
Other Operating Expenses	876.76	753.06	2,546	154.3	145.28	145.05
Operating Expenses	26,980	26,355	27,401	21,311	19,656	20,557
Operating Income	49,241	46,448	80,281	108,341	111,011	126,698
Interest Expense	-20,306	-19,697	-17,197	-13,261	-12,348	-12,893
Interest & Investment Income	718.79	961.54	706.03	548.74	992.82	1,434
Earnings From Equity Investments	-51,756	-40,179	-21,341	92,395	24,108	31,648
Currency Exchange Gain (Loss)	-179.92	511.55	1,346	542.55	-407.85	94.75
Other Non Operating Income (Expenses)	-6,565	85.45	-13,867	5,374	791.85	-2,235
EBT Excluding Unusual Items	-28,846	-11,870	29,927	193,941	124,148	144,747
Gain (Loss) on Sale of Investments	779.76	756.17	27.97	-575.99	-269.41	-6.36
Gain (Loss) on Sale of Assets	-92.41	-368.86	-199.71	13.97	63.57	74.98
Asset Writedown	-34,009	-34,009	-19,150	-18,570	-5,603	-18,150
Pretax Income	-62,168	-45,492	10,694	174,809	118,339	127,272
Income Tax Expense	-11,656	-6,360	7,555	56,089	38,199	50,574
Earnings From Continuing Operations	-50,512	-39,131	3,139	118,720	80,140	76,698
Earnings From Discontinued Operations	-13.74	-13.7	-14.36	-13.7	-13.74	214.94
Net Income to Company	-50,526	-39,145	3,125	118,707	80,126	76,913
Minority Interest in Earnings	6,516	3,910	-14,704	-85,376	-52,449	-69,838
Net Income	-44,010	-35,235	-11,579	33,330	27,677	7,075
Preferred Dividends & Other Adjustments	15	15	15	44.24	-	-
Net Income to Common	-44,025	-35,250	-11,594	33,286	27,677	7,075
Net Income Growth	-	-	-	20.43%	291.20%	-72.09%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	22	21	21
Shares Change (YoY)	0.78%	1.24%	-5.01%	5.22%	-0.84%	-2.21%
EPS (Basic)	-2064.65	-1667.70	-555.33	1593.51	1324.97	335.86
EPS (Diluted)	-2073.53	-1676.65	-565.69	1544.31	1324.97	335.86
EPS Growth	-	-	-	16.55%	294.51%	-71.45%
Free Cash Flow	-13,684	-370,822	71,266	260,183	293,830	-74,433
Free Cash Flow Per Share	-641.75	-17543.70	3413.38	11838.04	14066.64	-3533.52
Dividend Per Share	100.000	100.000	-	-	-	-
Gross Margin	6.43%	6.52%	10.52%	13.53%	14.92%	20.13%
Operating Margin	4.16%	4.16%	7.85%	11.31%	12.68%	17.32%
Profit Margin	-3.71%	-3.16%	-1.13%	3.47%	3.16%	0.97%
Free Cash Flow Margin	-1.15%	-33.20%	6.96%	27.16%	33.55%	-10.17%
EBITDA	69,507	67,374	100,905	126,213	124,695	138,895
EBITDA Margin	5.87%	6.03%	9.86%	13.17%	14.24%	18.98%
D&A For EBITDA	20,265	20,927	20,624	17,871	13,684	12,198
EBIT	49,241	46,448	80,281	108,341	111,011	126,698
EBIT Margin	4.16%	4.16%	7.85%	11.31%	12.68%	17.32%
Effective Tax Rate	-	-	70.65%	32.09%	32.28%	39.74%
Advertising Expenses	-	498.93	518.09	442.67	445.76	432.34

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