ITCENGLOBAL CO., Ltd. (KOSDAQ:124500)

ITCENGLOBAL CO. 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,137,010	4,961,847	2,815,145	2,621,054	3,280,884	2,275,083
Other Revenue	-0	-0	-0	-	-0	-
Revenue	6,137,010	4,961,847	2,815,145	2,621,054	3,280,884	2,275,083
Revenue Growth (YoY)	40.74%	76.25%	7.41%	-20.11%	44.21%	48.28%
Cost of Revenue	5,827,843	4,759,335	2,649,260	2,465,765	3,137,643	2,182,880
Gross Profit	309,167	202,513	165,885	155,290	143,242	92,203
Selling, General & Admin	139,982	122,696	114,626	105,875	94,614	64,787
Research & Development	907.73	907.73	6,971	5,426	5,825	5,488
Amortization of Goodwill & Intangibles	1,565	1,565	3,091	3,024	4,860	1,605
Other Operating Expenses	3,172	3,172	3,700	3,313	2,850	1,966
Operating Expenses	161,235	143,948	135,366	124,944	111,703	77,641
Operating Income	147,932	58,565	30,519	30,345	31,538	14,562
Interest Expense	-9,482	-9,482	-7,624	-5,557	-6,282	-5,170
Interest & Investment Income	4,059	4,059	3,278	1,905	1,024	1,022
Earnings From Equity Investments	241.69	241.69	-1,078	-	-	-101.12
Currency Exchange Gain (Loss)	19.84	19.84	-656.48	1,369	-28.12	1,240
Other Non Operating Income (Expenses)	-9,684	-12,058	-6,921	5,563	-1,416	-3,862
EBT Excluding Unusual Items	133,086	41,345	17,516	33,625	24,837	7,691
Gain (Loss) on Sale of Investments	8,902	8,272	-3,513	1,702	-916.64	-525.98
Gain (Loss) on Sale of Assets	51.45	51.45	-113.55	11,435	23.91	5,168
Asset Writedown	-1,910	-1,910	-13,582	-5,653	-16,608	-677.05
Other Unusual Items	53.91	53.91	293.53	-	-67.83	-50.64
Pretax Income	140,183	47,812	601.54	41,108	7,268	11,605
Income Tax Expense	36,743	11,749	6,804	9,925	9,997	9,017
Earnings From Continuing Operations	103,440	36,063	-6,203	31,183	-2,729	2,588
Earnings From Discontinued Operations	-	-	-	-	-	556.3
Net Income to Company	103,440	36,063	-6,203	31,183	-2,729	3,144
Minority Interest in Earnings	-80,885	-31,809	6,853	-29,485	-4,454	2,973
Net Income	22,556	4,255	650.17	1,698	-7,183	6,117
Net Income to Common	22,556	4,255	650.17	1,698	-7,183	6,117
Net Income Growth	333.52%	554.38%	-61.71%	-	-	1736.57%
Shares Outstanding (Basic)	23	23	20	20	20	20
Shares Outstanding (Diluted)	23	23	20	20	20	20
Shares Change (YoY)	2.33%	12.96%	2.91%	-	1.65%	21.57%
EPS (Basic)	974.07	183.85	31.74	85.29	-360.82	312.33
EPS (Diluted)	974.07	183.85	31.74	85.29	-360.82	312.00
EPS Growth	323.65%	479.28%	-62.79%	-	-	1409.13%
Free Cash Flow	117,581	-45,897	-35,320	108,149	-4,020	10,081
Free Cash Flow Per Share	5077.79	-1983.26	-1724.10	5432.64	-201.92	514.75
Gross Margin	5.04%	4.08%	5.89%	5.92%	4.37%	4.05%
Operating Margin	2.41%	1.18%	1.08%	1.16%	0.96%	0.64%
Profit Margin	0.37%	0.09%	0.02%	0.07%	-0.22%	0.27%
Free Cash Flow Margin	1.92%	-0.92%	-1.26%	4.13%	-0.12%	0.44%
EBITDA	158,841	69,991	42,634	40,663	42,259	20,955
EBITDA Margin	2.59%	1.41%	1.51%	1.55%	1.29%	0.92%
D&A For EBITDA	10,909	11,426	12,115	10,318	10,720	6,393
EBIT	147,932	58,565	30,519	30,345	31,538	14,562
EBIT Margin	2.41%	1.18%	1.08%	1.16%	0.96%	0.64%
Effective Tax Rate	26.21%	24.57%	1131.12%	24.14%	137.55%	77.70%
Advertising Expenses	-	2,944	2,339	3,011	2,806	1,877

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