GOLFZON HOLDINGS Co., Ltd. (KOSDAQ:121440)

GOLFZON HOLDINGS Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	375,739	386,190	424,122	488,755	417,687	292,026
Other Revenue	-2,951	-	-	-	-	-
Revenue	372,788	386,190	424,122	488,755	417,687	292,026
Revenue Growth (YoY)	-10.31%	-8.94%	-13.22%	17.02%	43.03%	27.56%
Cost of Revenue	242,116	250,180	268,029	284,451	242,706	176,384
Gross Profit	130,672	136,010	156,093	204,304	174,981	115,641
Selling, General & Admin	74,872	76,683	82,483	90,264	84,750	70,693
Research & Development	-	-	-	543.66	1,666	1,576
Other Operating Expenses	1,960	1,968	2,102	2,048	1,760	1,549
Operating Expenses	88,262	96,802	102,599	109,807	101,848	85,656
Operating Income	42,411	39,207	53,494	94,497	73,134	29,985
Interest Expense	-11,215	-11,325	-10,700	-8,054	-7,985	-8,773
Interest & Investment Income	3,125	2,794	2,177	1,289	734.15	716.92
Earnings From Equity Investments	-1.85	29.54	-	-	83,734	8,829
Currency Exchange Gain (Loss)	-2,378	-3,615	-367.47	-1,195	-1,407	960.91
Other Non Operating Income (Expenses)	3,802	5,020	3,163	10,642	2,820	3,176
EBT Excluding Unusual Items	35,743	32,111	47,766	97,179	151,029	34,895
Gain (Loss) on Sale of Investments	3,079	3,060	-385.39	-1,610	1,125	11,888
Gain (Loss) on Sale of Assets	-80.24	-76.42	-66.3	117.42	-189.01	437.54
Asset Writedown	-914.58	-914.58	-1,046	-146.83	-79.2	-6,721
Pretax Income	37,827	34,180	46,268	95,540	151,886	40,500
Income Tax Expense	-11,352	-9,992	8,030	7,530	16,029	12,018
Earnings From Continuing Operations	49,179	44,173	38,239	88,010	135,857	28,482
Earnings From Discontinued Operations	-335.82	-532.98	-591.15	-	-	-
Net Income to Company	48,843	43,640	37,648	88,010	135,857	28,482
Minority Interest in Earnings	-47.12	-29.39	-108.82	-1,103	-1,090	-306.63
Net Income	48,796	43,610	37,539	86,908	134,767	28,175
Net Income to Common	48,796	43,610	37,539	86,908	134,767	28,175
Net Income Growth	58.88%	16.17%	-56.81%	-35.51%	378.32%	-
Shares Outstanding (Basic)	41	41	42	43	43	43
Shares Outstanding (Diluted)	41	41	42	43	43	43
Shares Change (YoY)	-2.14%	-1.92%	-1.49%	-	-	-
EPS (Basic)	1190.51	1055.61	891.21	2032.49	3151.77	658.92
EPS (Diluted)	1190.51	1055.61	891.21	2032.49	3151.77	658.92
EPS Growth	62.34%	18.45%	-56.15%	-35.51%	378.32%	-
Free Cash Flow	21,418	19,111	9,350	6,368	14,792	21,698
Free Cash Flow Per Share	522.55	462.58	221.98	148.94	345.93	507.45
Dividend Per Share	250.000	250.000	-	-	140.000	117.000
Dividend Growth	-	-	-	-	19.66%	-
Gross Margin	35.05%	35.22%	36.80%	41.80%	41.89%	39.60%
Operating Margin	11.38%	10.15%	12.61%	19.33%	17.51%	10.27%
Profit Margin	13.09%	11.29%	8.85%	17.78%	32.27%	9.65%
Free Cash Flow Margin	5.75%	4.95%	2.21%	1.30%	3.54%	7.43%
EBITDA	62,003	58,794	73,390	113,313	90,116	47,458
EBITDA Margin	16.63%	15.22%	17.30%	23.18%	21.57%	16.25%
D&A For EBITDA	19,593	19,587	19,896	18,816	16,982	17,473
EBIT	42,411	39,207	53,494	94,497	73,134	29,985
EBIT Margin	11.38%	10.15%	12.61%	19.33%	17.51%	10.27%
Effective Tax Rate	-	-	17.35%	7.88%	10.55%	29.67%
Advertising Expenses	-	3,710	4,575	4,753	3,638	2,056

Source: S&P Global Market Intelligence. Standard template. Financial Sources.