MegaStudyEdu Co. Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2016
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2016
Operating Revenue	929,054	935,225	835,953	703,869	474,717	437,346	Upgrade
Other Revenue	-0	-0	-0	-	-	-	Upgrade
Revenue	929,054	935,225	835,953	703,869	474,717	437,346	Upgrade
Revenue Growth (YoY)	1.44%	11.88%	18.77%	48.27%	8.54%	22.56%	Upgrade
Cost of Revenue	407,660	409,422	363,357	317,468	214,618	188,822	Upgrade
Gross Profit	521,394	525,803	472,596	386,401	260,099	248,524	Upgrade
Selling, General & Admin	340,303	328,166	280,291	238,153	181,605	152,647	Upgrade
Research & Development	-	-	-	-	58.25	278.55	Upgrade
Other Operating Expenses	6,132	5,670	4,692	5,314	4,581	3,907	Upgrade
Operating Expenses	413,181	398,362	337,206	287,393	227,283	188,888	Upgrade
Operating Income	108,213	127,441	135,390	99,007	32,816	59,636	Upgrade
Interest Expense	-4,779	-5,826	-3,410	-2,655	-2,189	-1,121	Upgrade
Interest & Investment Income	6,606	3,825	4,100	1,637	1,154	1,151	Upgrade
Earnings From Equity Investments	895.57	672.22	21.6	-128.56	50.21	-	Upgrade
Other Non Operating Income (Expenses)	5,031	5,453	1,611	3,870	-1,590	1,169	Upgrade
EBT Excluding Unusual Items	115,965	131,564	137,712	101,730	30,241	60,836	Upgrade
Gain (Loss) on Sale of Investments	-314.48	-1,104	279.04	10,385	1,364	1,106	Upgrade
Gain (Loss) on Sale of Assets	-2,846	-1,379	-942.03	-416.03	-382.16	-745.22	Upgrade
Asset Writedown	-3,351	-2,142	-2,741	-2,491	-2,698	51.29	Upgrade
Pretax Income	109,454	126,938	134,308	109,208	28,524	61,248	Upgrade
Income Tax Expense	25,708	31,145	34,751	27,663	7,530	12,821	Upgrade
Earnings From Continuing Operations	83,746	95,793	99,557	81,545	20,994	48,427	Upgrade
Minority Interest in Earnings	-3,564	-1,188	4,040	-382.71	490.82	-1,403	Upgrade
Net Income	80,181	94,606	103,598	81,162	21,485	47,025	Upgrade
Net Income to Common	80,181	94,606	103,598	81,162	21,485	47,025	Upgrade
Net Income Growth	-22.61%	-8.68%	27.64%	277.76%	-54.31%	15.11%	Upgrade
Shares Outstanding (Basic)	11	12	12	12	12	12	Upgrade
Shares Outstanding (Diluted)	11	12	12	12	12	12	Upgrade
Shares Change (YoY)	-4.16%	-1.08%	0.01%	0.27%	0.54%	-0.20%	Upgrade
EPS (Basic)	7152.46	8117.57	8793.38	6892.57	1830.74	4034.79	Upgrade
EPS (Diluted)	7152.46	8117.57	8793.00	6890.00	1829.00	4024.00	Upgrade
EPS Growth	-19.25%	-7.68%	27.62%	276.71%	-54.55%	15.33%	Upgrade
Free Cash Flow	150,658	112,908	76,277	164,903	80,229	33,977	Upgrade
Free Cash Flow Per Share	13439.20	9688.02	6474.37	13997.98	6828.96	2907.82	Upgrade
Dividend Per Share	2000.000	2000.000	-	-	750.000	1100.000	Upgrade
Dividend Growth	-	-	-	-	-31.82%	29.41%	Upgrade
Gross Margin	56.12%	56.22%	56.53%	54.90%	54.79%	56.83%	Upgrade
Operating Margin	11.65%	13.63%	16.20%	14.07%	6.91%	13.64%	Upgrade
Profit Margin	8.63%	10.12%	12.39%	11.53%	4.53%	10.75%	Upgrade
Free Cash Flow Margin	16.22%	12.07%	9.12%	23.43%	16.90%	7.77%	Upgrade
EBITDA	189,092	205,237	207,289	160,605	85,956	101,668	Upgrade
EBITDA Margin	20.35%	21.95%	24.80%	22.82%	18.11%	23.25%	Upgrade
D&A For EBITDA	80,880	77,797	71,899	61,598	53,140	42,032	Upgrade
EBIT	108,213	127,441	135,390	99,007	32,816	59,636	Upgrade
EBIT Margin	11.65%	13.63%	16.20%	14.07%	6.91%	13.64%	Upgrade
Effective Tax Rate	23.49%	24.54%	25.87%	25.33%	26.40%	20.93%	Upgrade
Advertising Expenses	-	78,443	71,765	63,216	42,553	30,689	Upgrade

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