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

SM Entertainment Income Statement

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

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