Global Standard Technology, Limited (KOSDAQ: 083450)

Global Standard Technology 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	335,890	279,215	312,848	304,487	166,880	168,232
Other Revenue	-	-0	-	-	-	-0
Revenue	335,890	279,215	312,848	304,487	166,880	168,232
Revenue Growth (YoY)	17.51%	-10.75%	2.75%	82.46%	-0.80%	29.56%
Cost of Revenue	222,191	191,473	205,304	191,237	106,164	102,237
Gross Profit	113,698	87,742	107,544	113,250	60,717	65,995
Selling, General & Admin	33,522	29,267	31,590	44,411	26,913	29,253
Research & Development	16,633	15,710	16,622	16,224	11,530	11,915
Other Operating Expenses	854.92	748.48	942.41	663.08	526.09	567.88
Operating Expenses	51,774	45,204	50,602	66,843	42,567	44,086
Operating Income	61,924	42,538	56,941	46,407	18,150	21,908
Interest Expense	-174.27	-92.05	-211.25	-124.13	-127.6	-179.03
Interest & Investment Income	3,337	2,562	929.14	300.46	292.29	196.94
Earnings From Equity Investments	-595.89	-864.66	-74.74	-473.37	-23.53	-140.13
Currency Exchange Gain (Loss)	-1,613	647.07	2,399	3,215	-388.36	604.85
Other Non Operating Income (Expenses)	-349.23	-2,180	-321.39	-746.81	-1,256	741.02
EBT Excluding Unusual Items	62,529	42,611	59,662	48,578	16,647	23,132
Gain (Loss) on Sale of Investments	351.42	25.51	-96.93	33.84	41.05	-15.85
Gain (Loss) on Sale of Assets	63.64	110.33	122.41	7.31	99.22	-73.63
Asset Writedown	287.82	278.73	-296.09	-	-1.39	-
Pretax Income	63,231	43,025	59,391	48,619	16,786	23,043
Income Tax Expense	14,655	6,088	11,789	9,649	1,295	5,074
Earnings From Continuing Operations	48,576	36,937	47,602	38,970	15,491	17,968
Minority Interest in Earnings	-1,715	-1,256	-794	-1,224	312.86	-92.71
Net Income	46,861	35,682	46,808	37,746	15,804	17,876
Net Income to Common	46,861	35,682	46,808	37,746	15,804	17,876
Net Income Growth	45.63%	-23.77%	24.01%	138.84%	-11.59%	85.70%
Shares Outstanding (Basic)	18	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18	19
Shares Change (YoY)	2.38%	1.03%	0.21%	-2.18%	-0.91%	0.11%
EPS (Basic)	2561.91	1980.25	2621.68	2145.95	894.23	1004.90
EPS (Diluted)	2543.26	1967.35	2621.68	2128.91	865.14	981.80
EPS Growth	42.38%	-24.96%	23.15%	146.08%	-11.88%	82.06%
Free Cash Flow	28,910	26,957	25,055	13,904	17,744	17,051
Free Cash Flow Per Share	1567.52	1479.53	1389.21	772.53	964.38	918.28
Dividend Per Share	250.000	250.000	-	-	-	-
Gross Margin	33.85%	31.42%	34.38%	37.19%	36.38%	39.23%
Operating Margin	18.44%	15.23%	18.20%	15.24%	10.88%	13.02%
Profit Margin	13.95%	12.78%	14.96%	12.40%	9.47%	10.63%
Free Cash Flow Margin	8.61%	9.65%	8.01%	4.57%	10.63%	10.14%
EBITDA	66,230	46,220	60,325	49,807	21,664	25,254
EBITDA Margin	19.72%	16.55%	19.28%	16.36%	12.98%	15.01%
D&A For EBITDA	4,306	3,682	3,383	3,400	3,514	3,346
EBIT	61,924	42,538	56,941	46,407	18,150	21,908
EBIT Margin	18.44%	15.23%	18.20%	15.24%	10.88%	13.02%
Effective Tax Rate	23.18%	14.15%	19.85%	19.85%	7.72%	22.02%
Advertising Expenses	-	136.31	142.91	188.33	148.41	150.38

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