SM Entertainment Co., Ltd. (KOSDAQ:041510)

SM Entertainment Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,001,090	989,725	961,070	850,769	701,563	579,876
Other Revenue	-0	-0	-	-	-	-
Revenue	1,001,090	989,725	961,070	850,769	701,563	579,876
Revenue Growth (YoY)	2.44%	2.98%	12.96%	21.27%	20.98%	-11.85%
Cost of Revenue	681,592	682,490	620,041	555,739	437,189	381,093
Gross Profit	319,498	307,235	341,029	295,030	264,374	198,783
Selling, General & Admin	185,012	189,958	198,926	174,130	162,431	153,524
Other Operating Expenses	2,278	1,638	3,169	3,757	4,209	7,046
Operating Expenses	217,570	222,394	227,619	204,088	197,602	194,303
Operating Income	101,928	84,841	113,410	90,941	66,772	4,480
Interest Expense	-5,168	-5,441	-5,689	-4,355	-4,090	-4,327
Interest & Investment Income	12,427	12,821	14,223	8,893	3,043	2,787
Earnings From Equity Investments	221,817	-2,377	45,699	11,375	26,336	-12,826
Currency Exchange Gain (Loss)	8,317	10,304	1,040	-190.96	5,862	-5,306
Other Non Operating Income (Expenses)	-3,905	-6,242	5,584	361.65	-2,143	-3,397
EBT Excluding Unusual Items	335,416	93,906	174,268	107,026	95,781	-18,590
Gain (Loss) on Sale of Investments	3,822	3,634	4,311	2,016	2,345	-90.92
Gain (Loss) on Sale of Assets	1,246	408.89	1,452	12,259	87,904	-79.09
Asset Writedown	-70,752	-70,815	-61,119	-4,389	-12,893	-21,810
Other Unusual Items	-1,054	-1,054	-	-	-	-
Pretax Income	268,677	26,079	118,913	116,912	173,136	-40,570
Income Tax Expense	27,576	25,260	36,229	34,884	39,911	39,772
Earnings From Continuing Operations	241,100	818.85	82,683	82,029	133,225	-80,341
Net Income to Company	241,100	818.85	82,683	82,029	133,225	-80,341
Minority Interest in Earnings	13,390	17,491	4,614	-2,039	314.35	10,185
Net Income	254,491	18,310	87,297	79,989	133,540	-70,156
Net Income to Common	254,491	18,310	87,297	79,989	133,540	-70,156
Net Income Growth	226.24%	-79.03%	9.14%	-40.10%	-	-
Shares Outstanding (Basic)	23	23	23	24	23	23
Shares Outstanding (Diluted)	23	23	23	24	23	23
Shares Change (YoY)	-2.11%	-1.86%	-0.58%	1.43%	-0.39%	0.34%
EPS (Basic)	11101.16	794.69	3718.82	3390.31	5749.70	-3001.95
EPS (Diluted)	11101.08	794.69	3718.00	3388.00	5736.00	-3002.00
EPS Growth	233.30%	-78.63%	9.74%	-40.93%	-	-
Free Cash Flow	129,149	110,746	93,846	90,883	100,400	37,284
Free Cash Flow Per Share	5633.62	4806.55	3997.41	3848.88	4312.85	1595.35
Dividend Per Share	400.000	400.000	-	-	-	-
Gross Margin	31.91%	31.04%	35.48%	34.68%	37.68%	34.28%
Operating Margin	10.18%	8.57%	11.80%	10.69%	9.52%	0.77%
Profit Margin	25.42%	1.85%	9.08%	9.40%	19.04%	-12.10%
Free Cash Flow Margin	12.90%	11.19%	9.77%	10.68%	14.31%	6.43%
EBITDA	164,138	146,774	171,424	151,783	130,763	76,211
EBITDA Margin	16.40%	14.83%	17.84%	17.84%	18.64%	13.14%
D&A For EBITDA	62,209	61,933	58,013	60,842	63,991	71,731
EBIT	101,928	84,841	113,410	90,941	66,772	4,480
EBIT Margin	10.18%	8.57%	11.80%	10.69%	9.52%	0.77%
Effective Tax Rate	10.26%	96.86%	30.47%	29.84%	23.05%	-
Advertising Expenses	-	30,214	28,563	16,742	18,281	11,937

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.