Korea Information Certificate Authority, Inc. (KOSDAQ: 053300)

Korea Information Certificate Authority 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
Revenue	117,697	92,219	87,826	58,871	45,712	42,606
Revenue Growth (YoY)	31.58%	5.00%	49.18%	28.79%	7.29%	9.49%
Cost of Revenue	3,874	3,698	2,731	1,691	1,757	1,733
Gross Profit	113,823	88,521	85,095	57,180	43,955	40,873
Selling, General & Admin	80,214	63,375	60,310	40,047	29,922	27,987
Research & Development	3,752	3,081	2,411	1,854	1,547	1,116
Other Operating Expenses	776.34	776.34	583.13	236.29	-	-
Operating Expenses	93,521	74,547	69,384	45,509	33,534	31,602
Operating Income	20,303	13,973	15,711	11,671	10,421	9,271
Interest Expense	-307.94	-307.94	-86.35	-43.65	-24.17	-22.16
Interest & Investment Income	2,845	2,845	2,276	1,500	1,147	1,360
Earnings From Equity Investments	620.17	1,692	-5,443	3,708	1,523	-584.96
Currency Exchange Gain (Loss)	36.67	36.67	23.51	-62.01	-18.17	12.15
Other Non Operating Income (Expenses)	9,074	3.59	-41.15	71.23	182.54	-3.44
EBT Excluding Unusual Items	32,570	18,243	12,440	16,845	13,232	10,033
Gain (Loss) on Sale of Investments	-1,132	-1,132	-2,196	-698.36	-665.9	-323.31
Gain (Loss) on Sale of Assets	-116.67	-116.67	-48.89	-22.64	0.77	-26.4
Asset Writedown	-5,289	-5,289	-1,417	-	-	-
Pretax Income	26,033	11,705	8,778	16,124	12,566	9,683
Income Tax Expense	8,149	1,628	2,094	3,573	2,813	2,543
Earnings From Continuing Operations	17,883	10,077	6,684	12,551	9,753	7,140
Minority Interest in Earnings	339.44	-809.01	-490.76	24.6	-	-
Net Income	18,223	9,268	6,194	12,576	9,753	7,140
Net Income to Common	18,223	9,268	6,194	12,576	9,753	7,140
Net Income Growth	38.72%	49.64%	-50.75%	28.94%	36.59%	-9.05%
Shares Outstanding (Basic)	41	40	40	34	31	31
Shares Outstanding (Diluted)	41	40	40	34	31	31
Shares Change (YoY)	0.77%	-	19.11%	8.85%	-	-
EPS (Basic)	447.89	229.37	153.28	370.71	312.95	229.11
EPS (Diluted)	447.52	229.00	153.00	370.71	312.95	229.00
EPS Growth	37.66%	49.67%	-58.73%	18.46%	36.66%	-9.09%
Free Cash Flow	16,840	2,153	6,999	10,406	11,754	9,363
Free Cash Flow Per Share	413.90	53.29	173.20	306.74	377.16	300.43
Dividend Per Share	70.000	70.000	-	-	-	-
Gross Margin	96.71%	95.99%	96.89%	97.13%	96.16%	95.93%
Operating Margin	17.25%	15.15%	17.89%	19.83%	22.80%	21.76%
Profit Margin	15.48%	10.05%	7.05%	21.36%	21.34%	16.76%
Free Cash Flow Margin	14.31%	2.33%	7.97%	17.68%	25.71%	21.98%
EBITDA	28,965	21,047	21,768	14,984	12,486	11,770
EBITDA Margin	24.61%	22.82%	24.79%	25.45%	27.31%	27.62%
D&A For EBITDA	8,662	7,073	6,057	3,313	2,064	2,499
EBIT	20,303	13,973	15,711	11,671	10,421	9,271
EBIT Margin	17.25%	15.15%	17.89%	19.83%	22.80%	21.76%
Effective Tax Rate	31.30%	13.91%	23.85%	22.16%	22.39%	26.26%
Advertising Expenses	-	237.78	497.6	483.31	-	-

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