NVH Korea Inc. (KOSDAQ: 067570)

NVH Korea 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
Revenue	1,481,008	1,371,413	1,230,007	1,068,809	959,050	826,288
Revenue Growth (YoY)	13.51%	11.50%	15.08%	11.44%	16.07%	32.85%
Cost of Revenue	1,290,568	1,199,513	1,083,212	945,428	855,708	731,241
Gross Profit	190,440	171,900	146,794	123,381	103,343	95,046
Selling, General & Admin	91,694	84,639	70,967	59,813	55,318	48,441
Research & Development	12,110	12,110	11,095	10,497	9,218	9,292
Other Operating Expenses	1,850	1,850	1,222	1,393	1,639	2,097
Operating Expenses	124,312	117,257	102,919	89,265	77,922	68,270
Operating Income	66,128	54,643	43,876	34,117	25,421	26,777
Interest Expense	-29,658	-29,658	-17,263	-12,382	-14,650	-13,841
Interest & Investment Income	10,716	10,716	5,285	2,860	2,142	2,691
Earnings From Equity Investments	-627.63	-88.98	-1,277	-446.81	-4,037	-2,917
Currency Exchange Gain (Loss)	-12,896	-12,896	-4,435	2,968	-13,786	6,718
Other Non Operating Income (Expenses)	22,150	1,221	-1,529	896.43	34.4	1,301
EBT Excluding Unusual Items	55,813	23,937	24,656	28,012	-4,876	20,729
Gain (Loss) on Sale of Investments	151.56	151.56	105.05	93.13	268.4	95.83
Gain (Loss) on Sale of Assets	1,912	1,912	2,076	-173.19	-27.24	-697.23
Asset Writedown	-422.28	-422.28	-11,412	-	-1,458	-970.73
Pretax Income	57,459	25,583	15,425	27,932	-6,093	19,157
Income Tax Expense	24,051	15,020	7,833	8,320	5,705	6,738
Earnings From Continuing Operations	33,408	10,564	7,592	19,611	-11,798	12,419
Minority Interest in Earnings	-8,008	-5,516	-8,658	-4,249	-2,157	-2,757
Net Income	25,400	5,047	-1,066	15,363	-13,955	9,663
Net Income to Common	25,400	5,047	-1,066	15,363	-13,955	9,663
Shares Outstanding (Basic)	42	37	33	32	29	27
Shares Outstanding (Diluted)	42	37	33	34	29	36
Shares Change (YoY)	28.25%	11.05%	-3.18%	17.18%	-19.56%	35.75%
EPS (Basic)	609.06	137.40	-32.48	479.69	-478.67	363.70
EPS (Diluted)	608.70	137.00	-32.48	456.56	-479.00	275.90
Free Cash Flow	-169,528	-93,687	51,884	-7,299	5,008	-40,926
Free Cash Flow Per Share	-4064.98	-2550.42	1568.50	-213.64	171.79	-1129.22
Dividend Per Share	150.000	150.000	-	-	-	-
Gross Margin	12.86%	12.53%	11.93%	11.54%	10.78%	11.50%
Operating Margin	4.47%	3.98%	3.57%	3.19%	2.65%	3.24%
Profit Margin	1.72%	0.37%	-0.09%	1.44%	-1.46%	1.17%
Free Cash Flow Margin	-11.45%	-6.83%	4.22%	-0.68%	0.52%	-4.95%
EBITDA	110,242	97,382	86,498	72,431	59,110	57,398
EBITDA Margin	7.44%	7.10%	7.03%	6.78%	6.16%	6.95%
D&A For EBITDA	44,114	42,739	42,622	38,314	33,689	30,621
EBIT	66,128	54,643	43,876	34,117	25,421	26,777
EBIT Margin	4.46%	3.98%	3.57%	3.19%	2.65%	3.24%
Effective Tax Rate	41.86%	58.71%	50.78%	29.79%	-	35.17%

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