Dream Security co., Ltd. (KOSDAQ: 203650)

Dream Security co. Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	247,229	232,739	224,195	189,511	158,408	28,816
Revenue Growth (YoY)	4.99%	3.81%	18.30%	19.63%	449.73%	1.76%
Cost of Revenue	162,879	152,416	152,941	129,120	105,118	21,022
Gross Profit	84,350	80,323	71,254	60,391	53,290	7,794
Selling, General & Admin	44,633	39,091	38,151	35,776	33,951	6,023
Research & Development	2,561	908.95	1,349	1,246	1,092	-
Other Operating Expenses	556.7	473.13	443.55	523.43	369.67	-
Operating Expenses	56,899	47,044	46,182	42,667	40,230	6,023
Operating Income	27,451	33,279	25,072	17,724	13,060	1,771
Interest Expense	-18,105	-15,509	-11,571	-6,701	-5,254	-62.18
Interest & Investment Income	2,796	1,862	556.92	275.57	419.64	90.63
Earnings From Equity Investments	237.61	-	-	-	-	353.82
Currency Exchange Gain (Loss)	-1,033	188.16	1,134	3,264	-1,922	1.88
Other Non Operating Income (Expenses)	1,429	4,266	-1,245	11.37	950.08	153.9
EBT Excluding Unusual Items	12,777	24,086	13,947	14,573	7,254	2,309
Gain (Loss) on Sale of Investments	614.32	1,157	-1,678	1,961	59.97	130.9
Gain (Loss) on Sale of Assets	652.85	112.81	-1.82	11.5	8.66	-0.05
Asset Writedown	-	-	-	-331.63	-0.1	-359.34
Other Unusual Items	171.13	206.62	-	-	-	-
Pretax Income	14,215	25,562	12,267	16,215	7,322	2,081
Income Tax Expense	1,651	3,204	2,591	1,177	1,144	-446.33
Earnings From Continuing Operations	12,564	22,358	9,676	15,037	6,178	2,527
Minority Interest in Earnings	869.85	132.85	-19.42	-2,214	-1,244	-
Net Income	13,893	22,491	9,656	12,823	4,934	2,527
Net Income to Common	13,893	22,491	9,656	12,823	4,934	2,527
Net Income Growth	-8.78%	132.91%	-24.70%	159.90%	95.25%	-19.50%
Shares Outstanding (Basic)	51	51	51	50	50	37
Shares Outstanding (Diluted)	51	51	51	50	50	37
Shares Change (YoY)	0.01%	0.01%	1.66%	0.09%	35.00%	5.54%
EPS (Basic)	274.53	444.44	190.83	257.61	99.20	68.59
EPS (Diluted)	274.53	444.44	190.83	257.61	99.20	68.59
EPS Growth	-8.79%	132.89%	-25.92%	159.67%	44.63%	-23.73%
Free Cash Flow	-5,508	19,025	-26,082	-4,530	10,469	2,244
Free Cash Flow Per Share	-108.85	375.94	-515.43	-91.01	210.50	60.90
Gross Margin	34.12%	34.51%	31.78%	31.87%	33.64%	27.05%
Operating Margin	11.10%	14.30%	11.18%	9.35%	8.24%	6.15%
Profit Margin	5.62%	9.66%	4.31%	6.77%	3.11%	8.77%
Free Cash Flow Margin	-2.23%	8.17%	-11.63%	-2.39%	6.61%	7.79%
EBITDA	104,496	106,747	94,916	76,592	66,589	2,841
EBITDA Margin	42.27%	45.87%	42.34%	40.42%	42.04%	9.86%
D&A For EBITDA	77,045	73,468	69,844	58,868	53,529	1,070
EBIT	27,451	33,279	25,072	17,724	13,060	1,771
EBIT Margin	11.10%	14.30%	11.18%	9.35%	8.24%	6.15%
Effective Tax Rate	11.61%	12.53%	21.12%	7.26%	15.63%	-
Advertising Expenses	-	548.37	455.21	362.79	152.01	-

Source: S&P Capital IQ. Standard template. Financial Sources.