ESTec Corporation (KOSDAQ: 069510)

ESTec 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	496,449	414,594	468,449	330,655	312,486	337,972
Other Revenue	-	-	-0	-0	-	-
Revenue	496,449	414,594	468,449	330,655	312,486	337,972
Revenue Growth (YoY)	19.64%	-11.50%	41.67%	5.81%	-7.54%	10.29%
Cost of Revenue	414,093	352,540	425,607	320,324	271,061	291,209
Gross Profit	82,356	62,054	42,841	10,330	41,424	46,763
Selling, General & Admin	36,474	34,128	31,867	54,870	26,845	29,111
Research & Development	1,778	2,235	1,281	739.97	810.36	550.55
Other Operating Expenses	781.09	571.53	443.67	105.33	-175.06	-915.73
Operating Expenses	39,479	37,499	34,119	56,258	28,100	29,282
Operating Income	42,877	24,555	8,722	-45,928	13,324	17,481
Interest Expense	-1,637	-1,637	-1,294	-284.87	-198.46	-351.92
Interest & Investment Income	885.77	885.77	541.76	617.17	933.32	1,452
Currency Exchange Gain (Loss)	2,647	2,647	4,164	2,764	-476.38	1,433
Other Non Operating Income (Expenses)	2,487	1,332	1,461	2,792	1,368	351.2
EBT Excluding Unusual Items	47,260	27,782	13,595	-40,040	14,950	20,365
Gain (Loss) on Sale of Assets	186.46	186.46	299.82	181.86	85.2	52.57
Asset Writedown	-	-	-	-	-	-104.65
Pretax Income	47,446	27,968	13,894	-39,858	15,035	20,312
Income Tax Expense	11,319	6,309	4,358	-5,021	2,846	3,113
Net Income	36,127	21,660	9,536	-34,837	12,190	17,200
Net Income to Common	36,127	21,660	9,536	-34,837	12,190	17,200
Net Income Growth	59.84%	127.13%	-	-	-29.13%	-13.80%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.03%	-	-	-	-	-
EPS (Basic)	4295.79	2575.50	1133.93	-4142.29	1449.44	2045.13
EPS (Diluted)	4295.79	2575.50	1133.93	-4142.29	1449.44	2045.13
EPS Growth	59.79%	127.13%	-	-	-29.13%	-13.80%
Free Cash Flow	38,057	35,260	3,113	-56,821	5,146	12,924
Free Cash Flow Per Share	4525.20	4192.68	370.20	-6756.40	611.90	1536.75
Dividend Per Share	500.000	500.000	300.000	-	400.000	600.000
Dividend Growth	66.67%	66.67%	-	-	-33.33%	20.00%
Gross Margin	16.59%	14.97%	9.15%	3.12%	13.26%	13.84%
Operating Margin	8.64%	5.92%	1.86%	-13.89%	4.26%	5.17%
Profit Margin	7.28%	5.22%	2.04%	-10.54%	3.90%	5.09%
Free Cash Flow Margin	7.67%	8.50%	0.66%	-17.18%	1.65%	3.82%
EBITDA	51,230	33,216	18,345	-36,686	22,200	26,249
EBITDA Margin	10.32%	8.01%	3.92%	-11.10%	7.10%	7.77%
D&A For EBITDA	8,353	8,661	9,623	9,242	8,876	8,768
EBIT	42,877	24,555	8,722	-45,928	13,324	17,481
EBIT Margin	8.64%	5.92%	1.86%	-13.89%	4.26%	5.17%
Effective Tax Rate	23.86%	22.56%	31.37%	-	18.93%	15.33%
Advertising Expenses	-	273.36	141.18	118.37	234.31	406.74

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