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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	108,305	92,219	87,826	58,871	45,712	42,606
Revenue Growth (YoY)	22.30%	5.00%	49.18%	28.79%	7.29%	9.49%
Cost of Revenue	3,788	3,698	2,731	1,691	1,757	1,733
Gross Profit	104,517	88,521	85,095	57,180	43,955	40,873
Selling, General & Admin	74,650	63,375	60,310	40,047	29,922	27,987
Research & Development	3,463	3,081	2,411	1,854	1,547	1,116
Other Operating Expenses	776.34	776.34	583.13	236.29	-	-
Operating Expenses	87,137	74,547	69,384	45,509	33,534	31,602
Operating Income	17,380	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	668.27	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)	10,933	3.59	-41.15	71.23	182.54	-3.44
EBT Excluding Unusual Items	31,555	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	25,018	11,705	8,778	16,124	12,566	9,683
Income Tax Expense	8,083	1,628	2,094	3,573	2,813	2,543
Earnings From Continuing Operations	16,934	10,077	6,684	12,551	9,753	7,140
Minority Interest in Earnings	206.75	-809.01	-490.76	24.6	-	-
Net Income	17,141	9,268	6,194	12,576	9,753	7,140
Net Income to Common	17,141	9,268	6,194	12,576	9,753	7,140
Net Income Growth	64.57%	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)	1.28%	-	19.11%	8.85%	-	-
EPS (Basic)	423.12	229.37	153.28	370.71	312.95	229.11
EPS (Diluted)	422.74	229.00	153.00	370.71	312.95	229.00
EPS Growth	62.52%	49.67%	-58.73%	18.46%	36.66%	-9.09%
Free Cash Flow	7,775	2,153	6,999	10,406	11,754	9,363
Free Cash Flow Per Share	191.91	53.29	173.20	306.74	377.16	300.43
Dividend Per Share	70.000	70.000	-	-	-	-
Gross Margin	96.50%	95.99%	96.89%	97.13%	96.16%	95.93%
Operating Margin	16.05%	15.15%	17.89%	19.83%	22.80%	21.76%
Profit Margin	15.83%	10.05%	7.05%	21.36%	21.34%	16.76%
Free Cash Flow Margin	7.18%	2.33%	7.97%	17.68%	25.71%	21.98%
EBITDA	25,464	21,047	21,768	14,984	12,486	11,770
EBITDA Margin	23.51%	22.82%	24.79%	25.45%	27.31%	27.62%
D&A For EBITDA	8,084	7,073	6,057	3,313	2,064	2,499
EBIT	17,380	13,973	15,711	11,671	10,421	9,271
EBIT Margin	16.05%	15.15%	17.89%	19.83%	22.80%	21.76%
Effective Tax Rate	32.31%	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.