NewFlex Technology Co., Ltd. (KOSDAQ: 085670)

NewFlex 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	195,619	195,106	260,297	171,664	148,602	128,251
Other Revenue	-0	-0	-	-	-	-
Revenue	195,619	195,106	260,297	171,664	148,602	128,251
Revenue Growth (YoY)	-12.17%	-25.04%	51.63%	15.52%	15.87%	-34.40%
Cost of Revenue	155,177	168,131	224,638	155,559	146,514	124,939
Gross Profit	40,442	26,975	35,659	16,105	2,088	3,311
Selling, General & Admin	17,985	14,998	16,320	13,289	10,640	10,402
Research & Development	526.35	442.91	355.58	367.88	379.91	484.81
Other Operating Expenses	441.63	408.45	420.67	181.96	165.59	203.7
Operating Expenses	20,173	16,648	17,759	14,569	11,849	13,268
Operating Income	20,269	10,327	17,899	1,536	-9,762	-9,957
Interest Expense	-2,439	-2,714	-2,503	-1,892	-2,552	-2,614
Interest & Investment Income	247.16	236.41	104.87	119.78	443.59	303.99
Currency Exchange Gain (Loss)	1,291	5.45	1,286	2,702	-146.04	811.25
Other Non Operating Income (Expenses)	-368.25	142.59	40.35	327.45	871.34	304.72
EBT Excluding Unusual Items	19,001	7,997	16,828	2,793	-11,145	-11,151
Gain (Loss) on Sale of Investments	-	-	-	-0.21	-	-2.42
Gain (Loss) on Sale of Assets	-186.6	-430.75	191.03	-0.62	121.98	16.48
Asset Writedown	-	-	-	-	-	-1
Pretax Income	18,814	7,566	17,019	2,792	-11,023	-11,138
Income Tax Expense	2,498	779.42	2,607	146.17	-1,673	-1,504
Earnings From Continuing Operations	16,315	6,787	14,412	2,646	-9,351	-9,634
Minority Interest in Earnings	-	-	2.42	-242.85	-7.67	0.52
Net Income	16,315	6,787	14,415	2,403	-9,358	-9,634
Net Income to Common	16,315	6,787	14,415	2,403	-9,358	-9,634
Net Income Growth	4224.84%	-52.92%	499.88%	-	-	-
Shares Outstanding (Basic)	24	24	24	23	21	21
Shares Outstanding (Diluted)	24	24	24	23	21	21
Shares Change (YoY)	-0.22%	0.39%	5.98%	7.43%	0.78%	-1.34%
EPS (Basic)	669.86	278.50	595.42	105.03	-438.90	-455.37
EPS (Diluted)	669.36	278.00	591.86	104.90	-439.00	-455.37
EPS Growth	4665.16%	-53.03%	464.20%	-	-	-
Free Cash Flow	30,811	2,247	15,634	-6,228	-8,478	-3,208
Free Cash Flow Per Share	1264.99	92.20	644.02	-271.89	-397.63	-151.62
Gross Margin	20.67%	13.83%	13.70%	9.38%	1.40%	2.58%
Operating Margin	10.36%	5.29%	6.88%	0.89%	-6.57%	-7.76%
Profit Margin	8.34%	3.48%	5.54%	1.40%	-6.30%	-7.51%
Free Cash Flow Margin	15.75%	1.15%	6.01%	-3.63%	-5.71%	-2.50%
EBITDA	30,494	22,557	30,268	11,343	269.1	27.72
EBITDA Margin	15.59%	11.56%	11.63%	6.61%	0.18%	0.02%
D&A For EBITDA	10,225	12,230	12,369	9,807	10,031	9,985
EBIT	20,269	10,327	17,899	1,536	-9,762	-9,957
EBIT Margin	10.36%	5.29%	6.88%	0.89%	-6.57%	-7.76%
Effective Tax Rate	13.28%	10.30%	15.32%	5.24%	-	-

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