Innowireless Co., Ltd. (KOSDAQ: 073490)

Innowireless 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	193,509	137,371	132,854	90,669	92,967	96,848
Other Revenue	-0	-0	-	-	-	-
Revenue	193,509	137,371	132,854	90,669	92,967	96,848
Revenue Growth (YoY)	44.67%	3.40%	46.53%	-2.47%	-4.01%	51.24%
Cost of Revenue	144,388	90,685	83,406	53,579	53,030	55,028
Gross Profit	49,120	46,686	49,448	37,089	39,937	41,820
Selling, General & Admin	41,606	34,572	33,440	22,178	23,677	24,018
Other Operating Expenses	453.71	334.75	289.93	281.38	298.48	272.46
Operating Expenses	45,100	36,405	35,108	23,665	26,141	26,474
Operating Income	4,021	10,282	14,340	13,425	13,796	15,345
Interest Expense	-1,081	-134.4	-96.4	-38.96	-204.68	-1,240
Interest & Investment Income	1,439	1,937	379.69	167	210.87	245.41
Currency Exchange Gain (Loss)	323.63	386.22	-386.69	349.94	107.63	196.42
Other Non Operating Income (Expenses)	1,073	717.55	168.29	138.72	405.43	197.85
EBT Excluding Unusual Items	5,776	13,188	14,405	14,041	14,315	14,745
Gain (Loss) on Sale of Investments	25.5	128.19	88.17	1,064	22.54	40.11
Gain (Loss) on Sale of Assets	149.65	2.85	154.86	-90.38	-89.37	29.93
Asset Writedown	-81.53	-49.79	-69	271.13	126	97.76
Pretax Income	5,869	13,269	14,579	15,286	14,374	14,913
Income Tax Expense	2,039	2,427	1,128	124.88	1,273	1,766
Earnings From Continuing Operations	3,830	10,841	13,451	15,162	13,101	13,147
Net Income to Company	3,830	10,841	13,451	15,162	13,101	13,147
Minority Interest in Earnings	3.23	-	-	-	-	-
Net Income	3,833	10,841	13,451	15,162	13,101	13,147
Net Income to Common	3,833	10,841	13,451	15,162	13,101	13,147
Net Income Growth	-41.21%	-19.40%	-11.28%	15.73%	-0.35%	5938.24%
Shares Outstanding (Basic)	8	8	7	7	7	6
Shares Outstanding (Diluted)	8	8	7	7	7	7
Shares Change (YoY)	3.27%	12.51%	-	-	-	11.40%
EPS (Basic)	504.13	1430.25	1996.38	2250.31	1972.69	2190.21
EPS (Diluted)	503.60	1430.00	1996.00	2250.00	1961.70	2078.03
EPS Growth	-43.10%	-28.36%	-11.29%	14.70%	-5.60%	5672.30%
Free Cash Flow	8,706	2,517	12,277	12,252	13,197	21,282
Free Cash Flow Per Share	1144.95	332.09	1822.20	1818.47	1958.77	3158.70
Dividend Per Share	350.000	350.000	-	-	250.000	-
Gross Margin	25.38%	33.99%	37.22%	40.91%	42.96%	43.18%
Operating Margin	2.08%	7.48%	10.79%	14.81%	14.84%	15.84%
Profit Margin	1.98%	7.89%	10.12%	16.72%	14.09%	13.57%
Free Cash Flow Margin	4.50%	1.83%	9.24%	13.51%	14.20%	21.97%
EBITDA	9,837	14,936	18,078	17,224	17,637	18,841
EBITDA Margin	5.08%	10.87%	13.61%	19.00%	18.97%	19.45%
D&A For EBITDA	5,817	4,655	3,738	3,799	3,841	3,496
EBIT	4,021	10,282	14,340	13,425	13,796	15,345
EBIT Margin	2.08%	7.48%	10.79%	14.81%	14.84%	15.84%
Effective Tax Rate	34.74%	18.29%	7.74%	0.82%	8.86%	11.84%
Advertising Expenses	-	492.37	414.01	229.05	130.55	199.21

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