Codes Combine Co., Ltd. (KOSDAQ:047770)

Codes Combine 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	38,136	39,601	41,956	39,053	38,264	32,485
Other Revenue	0	-	-	-	-	0
Revenue	38,136	39,601	41,956	39,053	38,264	32,485
Revenue Growth (YoY)	-6.44%	-5.61%	7.43%	2.06%	17.79%	-9.30%
Cost of Revenue	19,125	19,712	20,544	17,722	17,616	13,166
Gross Profit	19,011	19,890	21,412	21,330	20,648	19,319
Selling, General & Admin	15,912	16,144	17,261	16,378	14,738	13,924
Other Operating Expenses	1,472	1,477	243.54	270.79	345.85	225.64
Operating Expenses	18,553	18,801	18,482	17,534	16,381	15,650
Operating Income	458.1	1,088	2,930	3,796	4,267	3,669
Interest Expense	-305.31	-349.03	-393.39	-325.23	-238.66	-307.02
Interest & Investment Income	1,710	1,786	1,804	852.51	103.88	113.55
Currency Exchange Gain (Loss)	12.37	-11.65	-0.62	-4.23	0.33	12.03
Other Non Operating Income (Expenses)	45.46	67.06	-52.31	-126.87	88.6	385.85
EBT Excluding Unusual Items	1,921	2,580	4,288	4,193	4,221	3,874
Gain (Loss) on Sale of Assets	-116.67	-179.24	-152.12	3,412	1,182	-110.7
Other Unusual Items	-	-	-	-	532.35	-
Pretax Income	2,583	2,401	4,136	7,604	5,935	3,763
Income Tax Expense	300.96	541.45	425.18	-26.5	-690.47	-707.12
Earnings From Continuing Operations	2,283	1,860	3,711	7,631	6,626	4,470
Earnings From Discontinued Operations	-	-	-	-	-	1,185
Net Income to Company	2,283	1,860	3,711	7,631	6,626	5,655
Minority Interest in Earnings	74.85	217.09	0.38	-34.82	-2.86	-24.91
Net Income	2,357	2,077	3,711	7,596	6,623	5,630
Net Income to Common	2,357	2,077	3,711	7,596	6,623	5,630
Net Income Growth	-19.15%	-44.04%	-51.14%	14.70%	17.64%	-17.51%
Shares Outstanding (Basic)	38	38	38	38	38	38
Shares Outstanding (Diluted)	38	38	38	38	38	38
Shares Change (YoY)	0.50%	-	-	-	-	-0.00%
EPS (Basic)	62.19	55.01	98.31	201.22	175.44	149.13
EPS (Diluted)	62.18	55.00	98.00	201.00	175.00	149.13
EPS Growth	-19.23%	-43.88%	-51.24%	14.86%	17.35%	-17.50%
Free Cash Flow	3,829	3,407	3,961	2,680	3,800	3,603
Free Cash Flow Per Share	101.02	90.27	104.93	70.99	100.67	95.45
Gross Margin	49.85%	50.22%	51.03%	54.62%	53.96%	59.47%
Operating Margin	1.20%	2.75%	6.98%	9.72%	11.15%	11.29%
Profit Margin	6.18%	5.24%	8.85%	19.45%	17.31%	17.33%
Free Cash Flow Margin	10.04%	8.60%	9.44%	6.86%	9.93%	11.09%
EBITDA	2,253	2,820	4,330	5,155	6,083	5,568
EBITDA Margin	5.91%	7.12%	10.32%	13.20%	15.90%	17.14%
D&A For EBITDA	1,795	1,732	1,399	1,359	1,816	1,899
EBIT	458.1	1,088	2,930	3,796	4,267	3,669
EBIT Margin	1.20%	2.75%	6.98%	9.72%	11.15%	11.29%
Effective Tax Rate	11.65%	22.55%	10.28%	-	-	-
Advertising Expenses	-	198.23	196.62	155.63	153.77	180.82

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.