RingNet Co., Ltd. (KOSDAQ: 042500)

RingNet 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	171,051	217,699	204,004	214,784	149,461	131,919
Other Revenue	-0	-0	-	-0	-	-
Revenue	171,051	217,699	204,004	214,784	149,461	131,919
Revenue Growth (YoY)	-21.73%	6.71%	-5.02%	43.71%	13.30%	-4.10%
Cost of Revenue	140,331	187,667	181,381	191,059	131,294	113,752
Gross Profit	30,720	30,032	22,622	23,725	18,167	18,168
Selling, General & Admin	12,579	12,233	11,303	11,123	9,781	9,713
Other Operating Expenses	629.78	635.69	645.81	804.11	556.89	502.15
Operating Expenses	13,600	13,685	11,745	13,103	10,814	11,144
Operating Income	17,120	16,348	10,877	10,622	7,353	7,024
Interest Expense	-38.27	-293.73	-285.08	-104.76	-183.33	-276.47
Interest & Investment Income	2,474	1,216	763.51	636.24	905.95	955.26
Currency Exchange Gain (Loss)	29.52	-158.32	-150.21	-227.95	1,504	-434.04
Other Non Operating Income (Expenses)	94.93	130	137.04	51.35	312	339.28
EBT Excluding Unusual Items	19,680	17,241	11,342	10,977	9,892	7,608
Gain (Loss) on Sale of Investments	608.51	-1,174	2,053	-256.47	451	1,786
Gain (Loss) on Sale of Assets	-7.4	1.14	4.94	-1.15	-1.48	0.16
Pretax Income	20,282	16,068	13,400	10,719	10,341	9,394
Income Tax Expense	4,367	3,280	3,344	2,050	2,765	2,371
Earnings From Continuing Operations	15,915	12,789	10,056	8,669	7,577	7,023
Net Income	15,915	12,789	10,056	8,669	7,577	7,023
Net Income to Common	15,915	12,789	10,056	8,669	7,577	7,023
Net Income Growth	42.29%	27.18%	15.99%	14.43%	7.88%	101.22%
Shares Outstanding (Basic)	18	16	16	17	16	16
Shares Outstanding (Diluted)	18	16	16	17	16	16
Shares Change (YoY)	32.22%	-0.45%	-3.42%	1.57%	2.99%	-6.94%
EPS (Basic)	904.55	795.50	622.71	518.51	460.26	439.40
EPS (Diluted)	904.55	795.50	622.71	518.51	460.26	439.40
EPS Growth	7.62%	27.75%	20.10%	12.66%	4.75%	116.22%
Free Cash Flow	5,131	50,502	-22,623	-33,342	21,086	-5,257
Free Cash Flow Per Share	291.63	3141.36	-1400.93	-1994.14	1280.94	-328.93
Dividend Per Share	76.923	76.923	-	-	-	-
Gross Margin	17.96%	13.80%	11.09%	11.05%	12.15%	13.77%
Operating Margin	10.01%	7.51%	5.33%	4.95%	4.92%	5.32%
Profit Margin	9.30%	5.87%	4.93%	4.04%	5.07%	5.32%
Free Cash Flow Margin	3.00%	23.20%	-11.09%	-15.52%	14.11%	-3.99%
EBITDA	17,761	16,997	11,476	11,284	8,046	7,833
EBITDA Margin	10.38%	7.81%	5.63%	5.25%	5.38%	5.94%
D&A For EBITDA	640.77	649.59	598.93	661.39	693.28	809.17
EBIT	17,120	16,348	10,877	10,622	7,353	7,024
EBIT Margin	10.01%	7.51%	5.33%	4.95%	4.92%	5.32%
Effective Tax Rate	21.53%	20.41%	24.96%	19.12%	26.73%	25.24%
Advertising Expenses	-	72.25	44.1	49.64	49.83	49.95

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