MiCo Ltd. (KOSDAQ: 059090)

MiCo Ltd. 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
Other Revenue	-0	-0	-	-0	0	-
Revenue	458,266	387,341	414,832	365,491	280,899	236,170
Revenue Growth (YoY)	13.02%	-6.63%	13.50%	30.11%	18.94%	3.85%
Cost of Revenue	250,330	231,833	222,104	196,813	154,264	128,559
Gross Profit	207,935	155,508	192,728	168,678	126,635	107,611
Selling, General & Admin	98,723	91,923	88,922	69,838	51,565	43,474
Research & Development	34,023	30,411	28,380	22,249	20,606	17,373
Other Operating Expenses	4,291	4,075	3,314	2,792	2,266	1,735
Operating Expenses	144,480	134,306	128,758	101,079	82,844	69,431
Operating Income	63,455	21,202	63,970	67,599	43,791	38,181
Interest Expense	-17,660	-16,170	-9,954	-6,402	-7,361	-6,825
Interest & Investment Income	9,992	8,440	3,785	1,565	1,604	1,694
Earnings From Equity Investments	-17,435	-13,324	-62,629	-7,043	-	-
Currency Exchange Gain (Loss)	2,677	77.59	-78.31	3,784	1,290	-364.64
Other Non Operating Income (Expenses)	3,013	271.99	-6,006	1,167	-13,096	-445.81
EBT Excluding Unusual Items	44,042	497.35	-10,912	60,668	26,229	32,239
Gain (Loss) on Sale of Investments	15,186	18,283	-6,930	1,258	13,371	-3,461
Gain (Loss) on Sale of Assets	824.94	1,298	265.18	-428.33	-45.12	-377.41
Asset Writedown	-8,731	-9,090	-2,656	-4	-	-64.77
Other Unusual Items	-	-	-32.05	-	-795.9	-
Pretax Income	51,322	10,988	-20,266	61,496	39,309	28,736
Income Tax Expense	25,930	13,025	10,960	46,529	11,200	6,760
Earnings From Continuing Operations	25,392	-2,037	-31,226	14,967	28,109	21,976
Minority Interest in Earnings	-45,785	-25,219	-24,005	-32,799	-15,145	-14,015
Net Income	-20,394	-27,256	-55,231	-17,832	12,964	7,961
Net Income to Common	-20,394	-27,256	-55,231	-17,832	12,964	7,961
Net Income Growth	-	-	-	-	62.84%	-42.74%
Shares Outstanding (Basic)	32	31	32	31	31	31
Shares Outstanding (Diluted)	32	31	32	31	31	31
Shares Change (YoY)	-0.12%	-0.58%	2.69%	0.52%	-0.32%	-
EPS (Basic)	-647.14	-865.37	-1743.37	-577.99	422.37	258.55
EPS (Diluted)	-647.14	-865.37	-1743.37	-578.00	422.00	258.55
EPS Growth	-	-	-	-	63.22%	-42.74%
Free Cash Flow	7,461	-5,992	28,706	-41,947	5,991	-19,881
Free Cash Flow Per Share	236.74	-190.25	906.10	-1359.61	195.20	-645.68
Dividend Per Share	-	-	-	-	-	40.000
Gross Margin	45.37%	40.15%	46.46%	46.15%	45.08%	45.57%
Operating Margin	13.85%	5.47%	15.42%	18.50%	15.59%	16.17%
Profit Margin	-4.45%	-7.04%	-13.31%	-4.88%	4.62%	3.37%
Free Cash Flow Margin	1.63%	-1.55%	6.92%	-11.48%	2.13%	-8.42%
EBITDA	111,091	69,125	104,632	96,983	70,317	57,842
EBITDA Margin	24.24%	17.85%	25.22%	26.54%	25.03%	24.49%
D&A For EBITDA	47,635	47,923	40,662	29,385	26,525	19,661
EBIT	63,455	21,202	63,970	67,599	43,791	38,181
EBIT Margin	13.85%	5.47%	15.42%	18.50%	15.59%	16.17%
Effective Tax Rate	50.52%	118.54%	-	75.66%	28.49%	23.53%
Advertising Expenses	-	897.38	521.57	344.61	187.67	293.6

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