YG Entertainment Inc. (KOSDAQ:122870)

YG Entertainment 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	377,761	364,949	569,195	391,175	321,636	255,262
Other Revenue	-0	-0	-0	-	-	-0
Revenue	377,761	364,949	569,195	391,175	321,636	255,262
Revenue Growth (YoY)	-24.30%	-35.88%	45.51%	21.62%	26.00%	0.66%
Cost of Revenue	265,680	265,899	383,774	263,973	224,564	174,909
Gross Profit	112,081	99,050	185,421	127,201	97,072	80,353
Selling, General & Admin	93,105	89,909	88,746	73,302	62,348	63,485
Other Operating Expenses	0	0	-0	0	-0	-
Operating Expenses	122,225	119,874	105,969	84,887	79,508	74,580
Operating Income	-10,144	-20,824	79,451	42,314	17,563	5,773
Interest Expense	-984	-921.91	-548.14	-449.98	-343.96	-701.36
Interest & Investment Income	6,175	6,654	9,541	4,031	2,303	1,570
Earnings From Equity Investments	30,521	30,038	-1,894	2,525	3,520	-5,143
Currency Exchange Gain (Loss)	1,320	1,622	397.68	-556.68	1,418	-444.2
Other Non Operating Income (Expenses)	12,182	10,775	5,923	4,303	5,266	4,456
EBT Excluding Unusual Items	39,071	27,343	92,871	52,166	29,727	5,510
Gain (Loss) on Sale of Investments	-1,302	1,313	-5,303	-1.71	-1,128	18,021
Gain (Loss) on Sale of Assets	602.42	166.69	5,624	3,834	7,763	-839.87
Asset Writedown	-	-	-	-	-	-2,197
Pretax Income	38,371	28,822	93,192	55,998	36,362	20,494
Income Tax Expense	8,535	8,793	15,464	14,520	14,027	6,940
Earnings From Continuing Operations	29,836	20,030	77,728	41,479	22,335	13,554
Earnings From Discontinued Operations	-	-	-743.29	5,296	526.59	-10,404
Net Income to Company	29,836	20,030	76,984	46,775	22,862	3,150
Minority Interest in Earnings	-6,487	-1,510	-15,647	-13,083	-16,204	6,267
Net Income	23,349	18,519	61,337	33,692	6,658	9,417
Net Income to Common	23,349	18,519	61,337	33,692	6,658	9,417
Net Income Growth	-36.75%	-69.81%	82.06%	406.02%	-29.30%	-
Shares Outstanding (Basic)	19	19	19	18	18	18
Shares Outstanding (Diluted)	19	19	19	19	18	18
Shares Change (YoY)	0.03%	0.04%	0.19%	1.04%	0.23%	1.22%
EPS (Basic)	1258.92	998.53	3310.64	1827.20	364.06	519.17
EPS (Diluted)	1258.92	998.53	3274.91	1827.20	364.06	149.58
EPS Growth	-36.76%	-69.51%	79.23%	401.90%	143.39%	-
Free Cash Flow	15,555	-7,077	82,035	46,240	4,676	-6,338
Free Cash Flow Per Share	838.66	-381.58	4425.01	2498.99	255.35	-346.90
Dividend Per Share	250.000	250.000	-	-	-	-
Gross Margin	29.67%	27.14%	32.58%	32.52%	30.18%	31.48%
Operating Margin	-2.69%	-5.71%	13.96%	10.82%	5.46%	2.26%
Profit Margin	6.18%	5.08%	10.78%	8.61%	2.07%	3.69%
Free Cash Flow Margin	4.12%	-1.94%	14.41%	11.82%	1.45%	-2.48%
EBITDA	20,333	9,153	99,003	55,742	28,709	21,697
EBITDA Margin	5.38%	2.51%	17.39%	14.25%	8.93%	8.50%
D&A For EBITDA	30,476	29,978	19,551	13,428	11,146	15,924
EBIT	-10,144	-20,824	79,451	42,314	17,563	5,773
EBIT Margin	-2.69%	-5.71%	13.96%	10.82%	5.46%	2.26%
Effective Tax Rate	22.24%	30.51%	16.59%	25.93%	38.57%	33.87%
Advertising Expenses	-	6,469	4,640	2,409	939.44	679.56

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