Me2on Co., Ltd. (KOSDAQ:201490)

Me2on 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	91,907	94,316	108,995	112,012	109,734	130,705
Other Revenue	0	-	-0	-0	-0	-
Revenue	91,907	94,316	108,995	112,012	109,734	130,705
Revenue Growth (YoY)	-15.04%	-13.47%	-2.69%	2.08%	-16.04%	9.74%
Cost of Revenue	45,581	46,917	43,752	39,365	36,279	37,281
Gross Profit	46,326	47,398	65,243	72,647	73,456	93,424
Selling, General & Admin	29,001	28,855	37,527	40,158	33,649	44,204
Other Operating Expenses	118.17	119.39	80.56	90.03	18.09	15.68
Operating Expenses	35,598	35,587	43,112	45,760	38,941	48,888
Operating Income	10,728	11,811	22,131	26,887	34,515	44,535
Interest Expense	-817.01	-886.93	-814.06	-2,383	-2,474	-2,523
Interest & Investment Income	4,164	4,133	3,035	1,249	491.85	165.5
Earnings From Equity Investments	-	-	-	483.82	-	93.95
Currency Exchange Gain (Loss)	-346.24	-270.61	-203.98	-21.55	-373.88	-39.92
Other Non Operating Income (Expenses)	66.18	64.99	306.52	345.94	290.52	-1,555
EBT Excluding Unusual Items	13,795	14,852	24,455	26,561	32,449	40,676
Impairment of Goodwill	-8,168	-8,168	-	-	-	-
Gain (Loss) on Sale of Investments	11.87	10.72	-	-	20.45	-154.95
Gain (Loss) on Sale of Assets	3.41	-8.49	-23.76	-12.36	-10.39	-20.81
Asset Writedown	-	-	-2,063	-2,039	-	-2,404
Other Unusual Items	-	-	-	533.89	-	-
Pretax Income	5,643	6,686	22,367	25,044	32,459	38,097
Income Tax Expense	1,754	2,653	4,919	4,416	6,579	8,673
Earnings From Continuing Operations	3,889	4,033	17,449	20,628	25,880	29,424
Minority Interest in Earnings	-3,327	-3,482	-9,670	-11,971	-16,721	-19,013
Net Income	562.37	551.15	7,779	8,657	9,160	10,410
Net Income to Common	562.37	551.15	7,779	8,657	9,160	10,410
Net Income Growth	-92.37%	-92.92%	-10.14%	-5.49%	-12.01%	-6.53%
Shares Outstanding (Basic)	31	31	31	31	31	31
Shares Outstanding (Diluted)	31	31	35	35	31	31
Shares Change (YoY)	-9.57%	-11.43%	-	12.29%	-	-12.30%
EPS (Basic)	18.22	17.73	248.86	276.96	293.05	333.05
EPS (Diluted)	16.30	17.73	233.83	247.65	293.00	333.00
EPS Growth	-92.87%	-92.42%	-5.58%	-15.48%	-12.01%	-5.95%
Free Cash Flow	20,908	20,499	18,538	31,127	30,007	31,613
Free Cash Flow Per Share	677.29	659.39	528.17	886.86	960.00	1011.37
Gross Margin	50.41%	50.26%	59.86%	64.86%	66.94%	71.48%
Operating Margin	11.67%	12.52%	20.30%	24.00%	31.45%	34.07%
Profit Margin	0.61%	0.58%	7.14%	7.73%	8.35%	7.96%
Free Cash Flow Margin	22.75%	21.73%	17.01%	27.79%	27.35%	24.19%
EBITDA	17,562	18,762	27,750	32,303	39,789	49,146
EBITDA Margin	19.11%	19.89%	25.46%	28.84%	36.26%	37.60%
D&A For EBITDA	6,834	6,951	5,619	5,416	5,274	4,611
EBIT	10,728	11,811	22,131	26,887	34,515	44,535
EBIT Margin	11.67%	12.52%	20.30%	24.00%	31.45%	34.07%
Effective Tax Rate	31.08%	39.67%	21.99%	17.63%	20.27%	22.77%
Advertising Expenses	-	12,254	19,917	21,882	20,986	29,230

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