Korea New Network Co., Ltd. (KOSDAQ: 058400)

Korea New Network 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	66,429	66,078	65,960	64,978	57,332	71,120
Other Revenue	-	-	-0	-	-	0
Revenue	66,429	66,078	65,960	64,978	57,332	71,120
Revenue Growth (YoY)	-0.14%	0.18%	1.51%	13.34%	-19.39%	10.93%
Cost of Revenue	43,952	40,459	40,798	36,107	33,547	43,338
Gross Profit	22,477	25,619	25,162	28,871	23,785	27,782
Selling, General & Admin	15,308	15,376	14,584	15,387	14,258	15,956
Other Operating Expenses	2,775	2,765	2,852	2,606	2,214	3,374
Operating Expenses	18,672	19,527	18,424	18,991	17,579	20,338
Operating Income	3,805	6,092	6,738	9,880	6,207	7,444
Interest Expense	-26.26	-23.15	-22.27	-7.57	-20.71	-21.13
Interest & Investment Income	3,243	2,915	2,094	1,406	1,562	1,608
Earnings From Equity Investments	65.96	18.15	-34.46	9.17	-178.77	38.65
Currency Exchange Gain (Loss)	-197.83	264.11	278.54	58.66	-815.17	-7.01
Other Non Operating Income (Expenses)	1,049	1,194	1,106	1,037	609.66	590.9
EBT Excluding Unusual Items	7,939	10,460	10,160	12,383	7,364	9,653
Gain (Loss) on Sale of Investments	1,456	281.1	-597.17	-404.97	280.66	338.34
Gain (Loss) on Sale of Assets	-	-	-0.71	-	269.62	221.22
Asset Writedown	-	-	-	-	-17.14	-
Pretax Income	9,395	10,741	9,562	11,979	7,897	10,212
Income Tax Expense	1,775	2,292	2,181	2,785	1,702	2,086
Earnings From Continuing Operations	7,620	8,449	7,381	9,194	6,195	8,126
Minority Interest in Earnings	-90.13	-71.84	8.71	-84.33	-61.58	-75.87
Net Income	7,530	8,377	7,390	9,109	6,133	8,051
Net Income to Common	7,530	8,377	7,390	9,109	6,133	8,051
Net Income Growth	-7.32%	13.36%	-18.87%	48.53%	-23.82%	3.09%
Shares Outstanding (Basic)	132	132	132	132	132	132
Shares Outstanding (Diluted)	132	132	132	132	132	132
EPS (Basic)	56.86	63.26	55.80	68.79	46.31	60.79
EPS (Diluted)	56.86	63.26	55.80	68.79	46.31	60.79
EPS Growth	-6.48%	13.36%	-18.87%	48.53%	-23.82%	3.09%
Free Cash Flow	7,550	10,466	766.16	20,460	8,263	11,384
Free Cash Flow Per Share	57.01	79.03	5.79	154.49	62.39	85.96
Dividend Per Share	20.000	20.000	20.000	20.000	15.000	20.000
Dividend Growth	0%	0%	0%	33.33%	-25.00%	-20.00%
Gross Margin	33.84%	38.77%	38.15%	44.43%	41.49%	39.06%
Operating Margin	5.73%	9.22%	10.22%	15.20%	10.83%	10.47%
Profit Margin	11.34%	12.68%	11.20%	14.02%	10.70%	11.32%
Free Cash Flow Margin	11.37%	15.84%	1.16%	31.49%	14.41%	16.01%
EBITDA	6,940	9,190	10,389	13,948	10,397	11,755
EBITDA Margin	10.45%	13.91%	15.75%	21.47%	18.13%	16.53%
D&A For EBITDA	3,134	3,099	3,651	4,069	4,190	4,311
EBIT	3,805	6,092	6,738	9,880	6,207	7,444
EBIT Margin	5.73%	9.22%	10.22%	15.20%	10.83%	10.47%
Effective Tax Rate	18.89%	21.34%	22.81%	23.25%	21.56%	20.42%
Advertising Expenses	-	16.07	6.88	3.16	3.09	30.89

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