Vitzro Tech Co. Ltd (KOSDAQ: 042370)

Vitzro Tech Co. 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	383,563	352,893	347,689	323,803	307,592	311,000
Other Revenue	-	-	-0	-0	-	-0
Revenue	383,563	352,893	347,689	323,803	307,592	311,000
Revenue Growth (YoY)	5.14%	1.50%	7.38%	5.27%	-1.10%	18.60%
Cost of Revenue	299,511	282,243	278,957	260,189	243,458	244,643
Gross Profit	84,052	70,650	68,732	63,613	64,134	66,357
Selling, General & Admin	37,996	34,202	33,254	32,922	27,355	25,254
Research & Development	4,482	2,720	568.78	278.51	244.05	211.6
Other Operating Expenses	551.36	386.68	496.92	510	302.54	415.32
Operating Expenses	48,258	41,814	35,933	37,538	30,901	28,219
Operating Income	35,794	28,836	32,799	26,075	33,233	38,139
Interest Expense	-2,204	-2,200	-2,165	-2,189	-1,808	-2,104
Interest & Investment Income	3,093	1,401	189.77	86.29	177.14	163.76
Earnings From Equity Investments	-204.14	-150.31	-192.96	-40.58	-	-
Currency Exchange Gain (Loss)	2,555	1,676	498.29	4,069	-2,206	654.11
Other Non Operating Income (Expenses)	-1,781	4,350	-5,290	-435.85	342.33	-194.83
EBT Excluding Unusual Items	37,253	33,913	25,840	27,565	29,739	36,658
Gain (Loss) on Sale of Investments	-229.33	1,313	3,334	1,603	-284.23	4.42
Gain (Loss) on Sale of Assets	-85.67	-3.03	51.11	-	-	-68.03
Asset Writedown	-	-	-0.33	-519.47	-	-791.12
Pretax Income	36,938	35,223	29,225	28,649	29,454	35,804
Income Tax Expense	13,934	12,868	9,730	5,046	2,640	5,195
Earnings From Continuing Operations	23,003	22,355	19,495	23,603	26,814	30,609
Earnings From Discontinued Operations	-	-	-	-	902.54	-821.84
Net Income to Company	23,003	22,355	19,495	23,603	27,717	29,787
Minority Interest in Earnings	-22,067	-23,166	-13,014	-11,041	-9,238	-13,103
Net Income	936.34	-810.96	6,480	12,562	18,479	16,684
Net Income to Common	936.34	-810.96	6,480	12,562	18,479	16,684
Net Income Growth	-	-	-48.41%	-32.02%	10.76%	26.04%
Shares Outstanding (Basic)	26	26	26	25	22	22
Shares Outstanding (Diluted)	26	26	26	25	22	22
Shares Change (YoY)	-	-	4.45%	12.02%	0.16%	-
EPS (Basic)	35.74	-30.95	247.33	500.80	825.30	746.34
EPS (Diluted)	35.74	-30.95	247.33	500.80	825.30	746.34
EPS Growth	-	-	-50.61%	-39.32%	10.58%	26.04%
Free Cash Flow	17,611	3,626	36,807	13,458	25,362	16,889
Free Cash Flow Per Share	672.17	138.40	1404.83	536.52	1132.69	755.51
Dividend Per Share	50.000	50.000	50.000	50.000	50.000	50.000
Dividend Growth	0%	0%	0%	0%	0%	-50.00%
Gross Margin	21.91%	20.02%	19.77%	19.65%	20.85%	21.34%
Operating Margin	9.33%	8.17%	9.43%	8.05%	10.80%	12.26%
Profit Margin	0.24%	-0.23%	1.86%	3.88%	6.01%	5.36%
Free Cash Flow Margin	4.59%	1.03%	10.59%	4.16%	8.25%	5.43%
EBITDA	56,830	46,919	49,473	43,069	49,667	54,563
EBITDA Margin	14.82%	13.30%	14.23%	13.30%	16.15%	17.54%
D&A For EBITDA	21,036	18,083	16,674	16,994	16,433	16,425
EBIT	35,794	28,836	32,799	26,075	33,233	38,139
EBIT Margin	9.33%	8.17%	9.43%	8.05%	10.80%	12.26%
Effective Tax Rate	37.72%	36.53%	33.29%	17.61%	8.96%	14.51%
Advertising Expenses	-	1,024	978.4	540.29	600.7	770.61

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