Hyundai Ezwel Co.,Ltd. (KOSDAQ: 090850)

Hyundai Ezwel Co.,Ltd. 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	123,270	117,952	112,460	96,522	87,188	76,321
Revenue Growth (YoY)	4.04%	4.88%	16.51%	10.71%	14.24%	4.46%
Cost of Revenue	75.67	80.69	59.38	45,400	43,729	38,402
Gross Profit	123,195	117,871	112,401	51,122	43,458	37,919
Selling, General & Admin	99,007	94,455	89,527	31,823	25,873	24,045
Research & Development	-	-	-	492.18	1,117	877.5
Other Operating Expenses	1,193	1,191	1,263	959.25	784.17	695.87
Operating Expenses	104,214	99,530	93,887	35,190	30,204	28,096
Operating Income	18,981	18,341	18,514	15,933	13,255	9,823
Interest Expense	-1,133	-1,133	-252.77	-7.83	-349.47	-392.8
Interest & Investment Income	3,461	3,461	1,756	546.37	319.08	413.01
Currency Exchange Gain (Loss)	4.47	4.47	3.31	73.2	-39.66	61.57
Other Non Operating Income (Expenses)	437.4	485.57	-4.64	191.01	-362.31	-2,684
EBT Excluding Unusual Items	21,750	21,159	20,016	16,735	12,822	7,221
Impairment of Goodwill	-16,001	-16,001	-	-	-	-149.45
Gain (Loss) on Sale of Investments	-309.19	-213.46	383.67	-380.23	-	-
Gain (Loss) on Sale of Assets	-25.67	-25.67	-83.44	-569.18	-0.1	19.65
Asset Writedown	-	-	-	-	-218.69	-
Pretax Income	5,414	4,919	20,316	15,786	12,604	7,091
Income Tax Expense	5,081	5,451	5,148	5,284	2,547	1,840
Earnings From Continuing Operations	333.76	-532.19	15,168	10,502	10,057	5,251
Earnings From Discontinued Operations	-	-	-	4,892	-2,203	-559.79
Net Income to Company	333.76	-532.19	15,168	15,394	7,854	4,691
Minority Interest in Earnings	-	-	-	-	1,629	281.49
Net Income	333.76	-532.19	15,168	15,394	9,483	4,973
Net Income to Common	333.76	-532.19	15,168	15,394	9,483	4,973
Net Income Growth	-98.03%	-	-1.47%	62.32%	90.71%	154.05%
Shares Outstanding (Basic)	24	24	24	24	22	20
Shares Outstanding (Diluted)	24	24	24	24	23	22
Shares Change (YoY)	-0.16%	-	-	2.74%	3.85%	18.73%
EPS (Basic)	14.06	-22.41	638.73	648.25	422.69	242.65
EPS (Diluted)	14.06	-22.41	638.73	648.25	414.61	236.51
EPS Growth	-98.02%	-	-1.47%	56.35%	75.30%	126.51%
Free Cash Flow	-4,351	10,981	22,384	18,866	8,732	8,237
Free Cash Flow Per Share	-183.31	462.41	942.64	794.49	377.77	370.10
Dividend Per Share	90.000	90.000	-	-	55.000	-
Gross Margin	99.94%	99.93%	99.95%	52.96%	49.84%	49.68%
Operating Margin	15.40%	15.55%	16.46%	16.51%	15.20%	12.87%
Profit Margin	0.27%	-0.45%	13.49%	15.95%	10.88%	6.52%
Free Cash Flow Margin	-3.53%	9.31%	19.90%	19.55%	10.01%	10.79%
EBITDA	22,591	21,851	20,990	17,791	15,480	12,078
EBITDA Margin	18.33%	18.53%	18.66%	18.43%	17.76%	15.83%
D&A For EBITDA	3,610	3,510	2,476	1,859	2,226	2,256
EBIT	18,981	18,341	18,514	15,933	13,255	9,823
EBIT Margin	15.40%	15.55%	16.46%	16.51%	15.20%	12.87%
Effective Tax Rate	93.84%	110.82%	25.34%	33.47%	20.21%	25.95%
Advertising Expenses	-	1,808	1,009	511.31	573	194.81

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