KX Innovation Co., Ltd. (KOSDAQ:122450)

KX Innovation 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	390,194	403,781	403,052	326,266	288,949	276,733
Other Revenue	-0	-0	-	-0	-	-
Revenue	390,194	403,781	403,052	326,266	288,949	276,733
Revenue Growth (YoY)	-6.06%	0.18%	23.54%	12.91%	4.41%	7.25%
Cost of Revenue	265,971	273,149	269,385	187,095	164,971	156,110
Gross Profit	124,224	130,632	133,667	139,171	123,978	120,623
Selling, General & Admin	51,339	54,715	56,880	46,750	38,387	48,713
Research & Development	7,163	6,749	6,994	6,383	5,578	5,639
Other Operating Expenses	4,137	4,080	3,983	3,598	2,807	2,645
Operating Expenses	68,082	71,464	71,571	61,180	48,853	59,724
Operating Income	56,142	59,168	62,096	77,991	75,125	60,899
Interest Expense	-19,731	-22,785	-26,646	-15,805	-8,867	-6,430
Interest & Investment Income	7,537	7,359	5,738	3,074	571.62	713.45
Earnings From Equity Investments	-10,476	-9,870	-1,648	-16,073	1,292	1,699
Currency Exchange Gain (Loss)	2,687	3,811	660	258.13	283.14	-23.35
Other Non Operating Income (Expenses)	342.54	-546.91	1,443	3,720	3,229	-11,150
EBT Excluding Unusual Items	36,501	37,136	41,642	53,165	71,635	45,709
Impairment of Goodwill	-	-	-	-2,200	-	-2,614
Gain (Loss) on Sale of Investments	-	-	1,038	379.32	340.05	-
Gain (Loss) on Sale of Assets	102,818	102,810	-1,259	105.87	6,229	2,861
Asset Writedown	-2,013	-2,230	-792.01	-1,150	-1,234	-1,274
Pretax Income	137,307	137,715	40,629	50,300	76,970	45,256
Income Tax Expense	41,252	40,365	12,716	11,566	13,073	9,698
Earnings From Continuing Operations	96,054	97,350	27,913	38,734	63,897	35,558
Earnings From Discontinued Operations	179.64	167.21	-1,313	-816.04	234.02	2,496
Net Income to Company	96,234	97,517	26,600	37,918	64,131	38,054
Minority Interest in Earnings	-14,435	-14,920	-9,147	-17,457	-24,936	-5,465
Net Income	81,799	82,597	17,454	20,461	39,195	32,589
Net Income to Common	81,799	82,597	17,454	20,461	39,195	32,589
Net Income Growth	389.02%	373.23%	-14.70%	-47.80%	20.27%	115.97%
Shares Outstanding (Basic)	42	42	42	42	44	45
Shares Outstanding (Diluted)	42	42	42	42	46	45
Shares Change (YoY)	1.18%	0.14%	-0.85%	-8.43%	0.77%	-1.08%
EPS (Basic)	1947.16	1986.35	420.31	488.56	895.59	718.03
EPS (Diluted)	1947.16	1986.00	420.00	488.56	857.00	718.00
EPS Growth	383.31%	372.86%	-14.03%	-42.99%	19.36%	125.42%
Free Cash Flow	88,397	99,043	62,939	17,859	53,843	44,579
Free Cash Flow Per Share	2104.21	2381.86	1515.66	426.43	1177.29	982.18
Dividend Per Share	190.000	190.000	-	-	-	-
Gross Margin	31.84%	32.35%	33.16%	42.66%	42.91%	43.59%
Operating Margin	14.39%	14.65%	15.41%	23.90%	26.00%	22.01%
Profit Margin	20.96%	20.46%	4.33%	6.27%	13.56%	11.78%
Free Cash Flow Margin	22.66%	24.53%	15.62%	5.47%	18.63%	16.11%
EBITDA	110,678	114,583	109,908	102,800	98,267	86,256
EBITDA Margin	28.37%	28.38%	27.27%	31.51%	34.01%	31.17%
D&A For EBITDA	54,536	55,415	47,812	24,810	23,142	25,357
EBIT	56,142	59,168	62,096	77,991	75,125	60,899
EBIT Margin	14.39%	14.65%	15.41%	23.90%	26.00%	22.01%
Effective Tax Rate	30.04%	29.31%	31.30%	22.99%	16.98%	21.43%
Advertising Expenses	-	1,576	1,574	868.77	704.26	650.13

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.