JOYCITY Corporation (KOSDAQ: 067000)

JOYCITY 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
Revenue	153,123	149,619	163,779	201,302	165,384	103,136
Revenue Growth (YoY)	5.55%	-8.65%	-18.64%	21.72%	60.36%	18.24%
Cost of Revenue	48.63	69.28	76.36	55.26	60.52	56.27
Gross Profit	153,075	149,549	163,703	201,247	165,323	103,080
Selling, General & Admin	103,812	102,122	136,726	161,440	130,596	78,844
Research & Development	23,188	18,104	16,052	13,832	11,116	12,448
Other Operating Expenses	590.86	457.29	376.76	206.87	153.22	141.98
Operating Expenses	130,774	124,219	156,302	180,762	148,312	94,858
Operating Income	22,300	25,331	7,401	20,485	17,011	8,222
Interest Expense	-4,992	-5,045	-3,094	-820.34	-253.27	-169.78
Interest & Investment Income	2,008	1,556	1,216	694.3	439.45	281.05
Earnings From Equity Investments	602.36	-37.17	-18.65	-228.44	-	-
Currency Exchange Gain (Loss)	-1,437	772.94	3,895	2,599	-1,517	425.89
Other Non Operating Income (Expenses)	-189.82	-1,247	-999.21	-723.57	-280.79	-2,118
EBT Excluding Unusual Items	18,291	21,330	8,399	22,006	15,400	6,641
Gain (Loss) on Sale of Investments	2,867	2,865	2,496	2,369	867.73	6.5
Gain (Loss) on Sale of Assets	-736.7	203.24	833.45	38.67	39.02	-14.92
Asset Writedown	-12,587	-12,007	-3,786	-10,192	-4,604	-6,289
Pretax Income	7,834	12,392	7,942	14,222	11,703	343.59
Income Tax Expense	2,307	4,642	4,749	7,162	-0.97	2,239
Earnings From Continuing Operations	5,527	7,750	3,194	7,059	11,704	-1,895
Minority Interest in Earnings	-1,675	-2,240	-	-22.67	-382.56	610.64
Net Income	3,852	5,510	3,194	7,037	11,322	-1,285
Net Income to Common	3,852	5,510	3,194	7,037	11,322	-1,285
Net Income Growth	-22.09%	72.54%	-54.62%	-37.85%	-	-
Shares Outstanding (Basic)	70	69	68	68	60	49
Shares Outstanding (Diluted)	70	70	71	71	63	49
Shares Change (YoY)	-0.59%	-1.14%	-0.48%	13.35%	27.78%	-0.03%
EPS (Basic)	55.11	79.93	46.64	103.88	190.19	-26.12
EPS (Diluted)	55.11	78.87	45.00	99.00	180.00	-26.22
EPS Growth	-21.86%	75.27%	-54.55%	-45.00%	-	-
Free Cash Flow	8,790	6,763	-2,741	-65,427	5,361	2,510
Free Cash Flow Per Share	125.77	96.50	-38.66	-918.54	85.31	51.04
Gross Margin	99.97%	99.95%	99.95%	99.97%	99.96%	99.95%
Operating Margin	14.56%	16.93%	4.52%	10.18%	10.29%	7.97%
Profit Margin	2.52%	3.68%	1.95%	3.50%	6.85%	-1.25%
Free Cash Flow Margin	5.74%	4.52%	-1.67%	-32.50%	3.24%	2.43%
EBITDA	26,461	29,586	11,197	25,102	20,740	12,130
EBITDA Margin	17.28%	19.77%	6.84%	12.47%	12.54%	11.76%
D&A For EBITDA	4,161	4,255	3,796	4,617	3,729	3,908
EBIT	22,300	25,331	7,401	20,485	17,011	8,222
EBIT Margin	14.56%	16.93%	4.52%	10.18%	10.29%	7.97%
Effective Tax Rate	29.45%	37.46%	59.79%	50.36%	-	651.61%
Advertising Expenses	-	23,356	48,912	56,041	38,202	12,852

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