WebCash Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014
Revenue	78,000	77,433	91,824	88,718	72,817
Revenue Growth (YoY)	0.73%	-15.67%	3.50%	21.84%	-
Cost of Revenue	4,857	5,779	7,233	6,502	2,331
Gross Profit	73,143	71,654	84,591	82,216	70,486
Selling, General & Admin	62,147	62,846	70,698	70,988	64,433
Research & Development	2,183	2,372	7,656	4,245	2,238
Other Operating Expenses	1,909	1,764	1,706	1,467	1,209
Operating Expenses	67,279	67,450	82,124	78,948	69,534
Operating Income	5,864	4,204	2,467	3,268	952.4
Interest Expense	-336.09	-838.47	-817.26	-716.28	-825.51
Interest & Investment Income	415.18	289.26	106.46	262.5	363.83
Earnings From Equity Investments	-	-28.27	-480.38	7.6	-582.99
Currency Exchange Gain (Loss)	-12.61	-9.02	7.23	0.5	-2.35
Other Non Operating Income (Expenses)	63.89	72	-97.58	407.08	2,756
EBT Excluding Unusual Items	5,994	3,690	1,185	3,229	2,661
Gain (Loss) on Sale of Investments	1,010	870.76	12.48	-192.66	41.59
Gain (Loss) on Sale of Assets	-42	-	-5.66	-	6.69
Asset Writedown	-	-	-130.24	-565.29	-206.36
Other Unusual Items	-	-	-	-	-14.79
Pretax Income	6,962	4,560	1,062	2,471	2,488
Income Tax Expense	1,462	939.21	1,562	122.54	-542.7
Earnings From Continuing Operations	5,500	3,621	-499.99	2,349	3,031
Minority Interest in Earnings	-	-81.65	380.31	163.47	-
Net Income	5,500	3,539	-119.69	2,512	3,031
Net Income to Common	5,500	3,539	-119.69	2,512	3,031
Net Income Growth	55.39%	-	-	-17.12%	-
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	1.81%	0.40%	3.08%	-6.15%	-
EPS (Basic)	497.00	324.00	-11.00	238.00	280.50
EPS (Diluted)	494.50	324.00	-11.00	238.00	269.50
EPS Growth	52.62%	-	-	-11.69%	-
Free Cash Flow	5,561	4,550	5,151	9,998	-1,819
Free Cash Flow Per Share	499.99	416.54	473.39	947.21	-161.68
Dividend Per Share	75.000	-	-	-	-
Gross Margin	93.77%	92.54%	92.12%	92.67%	96.80%
Operating Margin	7.52%	5.43%	2.69%	3.68%	1.31%
Profit Margin	7.05%	4.57%	-0.13%	2.83%	4.16%
Free Cash Flow Margin	7.13%	5.88%	5.61%	11.27%	-2.50%
EBITDA	6,843	4,986	3,338	4,421	2,472
EBITDA Margin	8.77%	6.44%	3.63%	4.98%	3.39%
D&A For EBITDA	978.61	781.97	870.64	1,154	1,519
EBIT	5,864	4,204	2,467	3,268	952.4
EBIT Margin	7.52%	5.43%	2.69%	3.68%	1.31%
Effective Tax Rate	21.00%	20.60%	147.08%	4.96%	-
Advertising Expenses	2,548	434.83	303.69	237.12	381.95

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