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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	-0	-0	-	-0	0	-
Revenue	505,762	387,341	414,832	365,491	280,899	236,170
Revenue Growth (YoY)	30.71%	-6.63%	13.50%	30.11%	18.94%	3.85%
Cost of Revenue	270,922	231,833	222,104	196,813	154,264	128,559
Gross Profit	234,841	155,508	192,728	168,678	126,635	107,611
Selling, General & Admin	109,472	91,923	88,922	69,838	51,565	43,474
Research & Development	35,775	30,411	28,380	22,249	20,606	17,373
Other Operating Expenses	4,419	4,075	3,314	2,792	2,266	1,735
Operating Expenses	156,856	134,306	128,758	101,079	82,844	69,431
Operating Income	77,984	21,202	63,970	67,599	43,791	38,181
Interest Expense	-18,132	-16,170	-9,954	-6,402	-7,361	-6,825
Interest & Investment Income	9,517	8,440	3,785	1,565	1,604	1,694
Earnings From Equity Investments	-9,888	-13,324	-62,629	-7,043	-	-
Currency Exchange Gain (Loss)	-1,174	77.59	-78.31	3,784	1,290	-364.64
Other Non Operating Income (Expenses)	-7,748	271.99	-6,006	1,167	-13,096	-445.81
EBT Excluding Unusual Items	50,560	497.35	-10,912	60,668	26,229	32,239
Gain (Loss) on Sale of Investments	14,498	18,283	-6,930	1,258	13,371	-3,461
Gain (Loss) on Sale of Assets	328.63	1,298	265.18	-428.33	-45.12	-377.41
Asset Writedown	-4,707	-9,090	-2,656	-4	-	-64.77
Other Unusual Items	-	-	-32.05	-	-795.9	-
Pretax Income	60,680	10,988	-20,266	61,496	39,309	28,736
Income Tax Expense	8,661	13,025	10,960	46,529	11,200	6,760
Earnings From Continuing Operations	52,018	-2,037	-31,226	14,967	28,109	21,976
Minority Interest in Earnings	-52,336	-25,219	-24,005	-32,799	-15,145	-14,015
Net Income	17,878	-27,256	-55,231	-17,832	12,964	7,961
Net Income to Common	17,878	-27,256	-55,231	-17,832	12,964	7,961
Net Income Growth	-	-	-	-	62.84%	-42.74%
Shares Outstanding (Basic)	31	31	32	31	31	31
Shares Outstanding (Diluted)	31	31	32	31	31	31
Shares Change (YoY)	0.00%	-0.58%	2.69%	0.52%	-0.32%	-
EPS (Basic)	567.62	-865.37	-1743.37	-577.99	422.37	258.55
EPS (Diluted)	567.62	-865.37	-1743.37	-578.00	422.00	258.55
EPS Growth	-	-	-	-	63.22%	-42.74%
Free Cash Flow	-33,179	-5,992	28,706	-41,947	5,991	-19,881
Free Cash Flow Per Share	-1053.44	-190.25	906.10	-1359.61	195.20	-645.68
Dividend Per Share	-	-	-	-	-	40.000
Gross Margin	46.43%	40.15%	46.46%	46.15%	45.08%	45.57%
Operating Margin	15.42%	5.47%	15.42%	18.50%	15.59%	16.17%
Profit Margin	3.53%	-7.04%	-13.31%	-4.88%	4.62%	3.37%
Free Cash Flow Margin	-6.56%	-1.55%	6.92%	-11.48%	2.13%	-8.42%
EBITDA	125,228	69,125	104,632	96,983	70,317	57,842
EBITDA Margin	24.76%	17.85%	25.22%	26.54%	25.03%	24.49%
D&A For EBITDA	47,243	47,923	40,662	29,385	26,525	19,661
EBIT	77,984	21,202	63,970	67,599	43,791	38,181
EBIT Margin	15.42%	5.47%	15.42%	18.50%	15.59%	16.17%
Effective Tax Rate	14.27%	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.