Incross Co., Ltd. (KOSDAQ: 216050)

Incross 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
Operating Revenue	44,718	46,818	53,308	51,801	39,440	34,463
Other Revenue	-	-	-0	-0	-	0
Revenue	44,718	46,818	53,308	51,801	39,440	34,463
Revenue Growth (YoY)	-12.83%	-12.18%	2.91%	31.34%	14.44%	-3.65%
Cost of Revenue	24,419	24,894	24,925	23,310	18,541	16,802
Gross Profit	20,299	21,924	28,383	28,491	20,900	17,662
Selling, General & Admin	7,974	8,573	8,340	6,248	5,391	4,421
Research & Development	-	0.16	-	-	-	-
Other Operating Expenses	41.61	54.62	119.19	32.27	64.06	46.32
Operating Expenses	10,492	9,286	8,751	7,088	6,053	5,452
Operating Income	9,807	12,639	19,632	21,402	14,847	12,209
Interest Expense	-116.37	-102.95	-104.12	-131.57	-136.18	-56.74
Interest & Investment Income	2,984	2,440	2,449	1,547	382.34	710.29
Earnings From Equity Investments	-389.71	5.89	24.68	2.94	19.02	10.57
Currency Exchange Gain (Loss)	10.66	12.38	-130.05	-74.81	1.39	-53.07
Other Non Operating Income (Expenses)	459.57	345.79	293.6	382.04	70.06	39.56
EBT Excluding Unusual Items	12,756	15,340	22,166	23,128	15,184	12,860
Gain (Loss) on Sale of Investments	69.98	629.78	-2,529	3,927	-	-
Gain (Loss) on Sale of Assets	364.28	362.4	3.15	3.03	6.03	0.08
Asset Writedown	-	-	-	-	-426.2	-670.74
Pretax Income	13,190	16,332	19,639	27,058	14,763	12,189
Income Tax Expense	2,972	3,696	4,231	5,944	2,456	2,875
Earnings From Continuing Operations	10,218	12,637	15,409	21,115	12,307	9,314
Net Income to Company	10,218	12,637	15,409	21,115	12,307	9,314
Net Income	10,218	12,637	15,409	21,115	12,307	9,314
Net Income to Common	10,218	12,637	15,409	21,115	12,307	9,314
Net Income Growth	-33.71%	-17.99%	-27.02%	71.57%	32.13%	7.96%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	13
Shares Change (YoY)	-0.15%	0.07%	-0.52%	0.37%	-3.89%	-5.30%
EPS (Basic)	846.56	1047.25	1280.74	1752.83	1023.60	746.19
EPS (Diluted)	846.01	1047.00	1278.00	1742.00	1019.22	741.25
EPS Growth	-33.77%	-18.08%	-26.64%	70.92%	37.50%	13.97%
Free Cash Flow	39,347	23,867	10,563	9,903	23,520	2,391
Free Cash Flow Per Share	3259.78	1977.97	876.01	817.06	1947.59	190.31
Dividend Per Share	321.000	321.000	-	-	-	-
Gross Margin	45.39%	46.83%	53.24%	55.00%	52.99%	51.25%
Operating Margin	21.93%	27.00%	36.83%	41.32%	37.64%	35.43%
Profit Margin	22.85%	26.99%	28.90%	40.76%	31.20%	27.03%
Free Cash Flow Margin	87.99%	50.98%	19.81%	19.12%	59.63%	6.94%
EBITDA	11,431	14,224	20,982	22,645	16,155	13,271
EBITDA Margin	25.56%	30.38%	39.36%	43.71%	40.96%	38.51%
D&A For EBITDA	1,624	1,585	1,350	1,242	1,308	1,062
EBIT	9,807	12,639	19,632	21,402	14,847	12,209
EBIT Margin	21.93%	27.00%	36.83%	41.32%	37.64%	35.43%
Effective Tax Rate	22.53%	22.63%	21.54%	21.97%	16.64%	23.59%
Advertising Expenses	-	54.33	475.41	57.18	26.03	18.41

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