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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	365,741	386,190	424,122	488,755	417,687	292,026
Other Revenue	-5,391	-	-	-	-	-
Revenue	360,350	386,190	424,122	488,755	417,687	292,026
Revenue Growth (YoY)	-11.00%	-8.94%	-13.22%	17.02%	43.03%	27.56%
Cost of Revenue	234,675	250,180	268,029	284,451	242,706	176,384
Gross Profit	125,675	136,010	156,093	204,304	174,981	115,641
Selling, General & Admin	74,065	76,683	82,483	90,264	84,750	70,693
Research & Development	-	-	-	543.66	1,666	1,576
Amortization of Goodwill & Intangibles	799.34	497.33	465.95	1,047	1,214	1,638
Other Operating Expenses	1,933	1,968	2,102	2,048	1,760	1,549
Operating Expenses	87,488	96,802	102,599	109,807	101,848	85,656
Operating Income	38,187	39,207	53,494	94,497	73,134	29,985
Interest Expense	-11,057	-11,325	-10,700	-8,054	-7,985	-8,773
Interest & Investment Income	3,383	2,794	2,177	1,289	734.15	716.92
Earnings From Equity Investments	32.8	29.54	-	-	83,734	8,829
Currency Exchange Gain (Loss)	680.56	-3,615	-367.47	-1,195	-1,407	960.91
Other Non Operating Income (Expenses)	45.25	5,020	3,163	10,642	2,820	3,176
EBT Excluding Unusual Items	31,271	32,111	47,766	97,179	151,029	34,895
Gain (Loss) on Sale of Investments	3,077	3,060	-385.39	-1,610	1,125	11,888
Gain (Loss) on Sale of Assets	-43.51	-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	33,390	34,180	46,268	95,540	151,886	40,500
Income Tax Expense	-12,013	-9,992	8,030	7,530	16,029	12,018
Earnings From Continuing Operations	45,403	44,173	38,239	88,010	135,857	28,482
Earnings From Discontinued Operations	-	-532.98	-591.15	-	-	-
Net Income to Company	45,403	43,640	37,648	88,010	135,857	28,482
Minority Interest in Earnings	-31.09	-29.39	-108.82	-1,103	-1,090	-306.63
Net Income	45,372	43,610	37,539	86,908	134,767	28,175
Net Income to Common	45,372	43,610	37,539	86,908	134,767	28,175
Net Income Growth	50.42%	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)	-1.16%	-1.92%	-1.49%	-	-	-
EPS (Basic)	1098.24	1055.61	891.21	2032.49	3151.77	658.92
EPS (Diluted)	1098.24	1055.61	891.21	2032.49	3151.77	658.92
EPS Growth	52.18%	18.45%	-56.15%	-35.51%	378.32%	-
Free Cash Flow	5,143	19,111	9,350	6,368	14,792	21,698
Free Cash Flow Per Share	124.48	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	34.88%	35.22%	36.80%	41.80%	41.89%	39.60%
Operating Margin	10.60%	10.15%	12.61%	19.33%	17.51%	10.27%
Profit Margin	12.59%	11.29%	8.85%	17.78%	32.27%	9.65%
Free Cash Flow Margin	1.43%	4.95%	2.21%	1.30%	3.54%	7.43%
EBITDA	57,790	58,794	73,390	113,313	90,116	47,458
EBITDA Margin	16.04%	15.22%	17.30%	23.18%	21.57%	16.25%
D&A For EBITDA	19,603	19,587	19,896	18,816	16,982	17,473
EBIT	38,187	39,207	53,494	94,497	73,134	29,985
EBIT Margin	10.60%	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.