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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	42,836	46,818	53,308	51,801	39,440	34,463
Other Revenue	-	-	-0	-0	-	0
Revenue	42,836	46,818	53,308	51,801	39,440	34,463
Revenue Growth (YoY)	-20.47%	-12.18%	2.91%	31.34%	14.44%	-3.65%
Cost of Revenue	23,825	24,894	24,925	23,310	18,541	16,802
Gross Profit	19,011	21,924	28,383	28,491	20,900	17,662
Selling, General & Admin	8,130	8,573	8,340	6,248	5,391	4,421
Research & Development	-	0.16	-	-	-	-
Other Operating Expenses	43.05	54.62	119.19	32.27	64.06	46.32
Operating Expenses	10,630	9,286	8,751	7,088	6,053	5,452
Operating Income	8,381	12,639	19,632	21,402	14,847	12,209
Interest Expense	-101.31	-102.95	-104.12	-131.57	-136.18	-56.74
Interest & Investment Income	2,748	2,440	2,449	1,547	382.34	710.29
Earnings From Equity Investments	-379.28	5.89	24.68	2.94	19.02	10.57
Currency Exchange Gain (Loss)	-37.28	12.38	-130.05	-74.81	1.39	-53.07
Other Non Operating Income (Expenses)	427.96	345.79	293.6	382.04	70.06	39.56
EBT Excluding Unusual Items	11,039	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	369.13	362.4	3.15	3.03	6.03	0.08
Asset Writedown	-	-	-	-	-426.2	-670.74
Pretax Income	11,479	16,332	19,639	27,058	14,763	12,189
Income Tax Expense	2,525	3,696	4,231	5,944	2,456	2,875
Earnings From Continuing Operations	8,953	12,637	15,409	21,115	12,307	9,314
Net Income to Company	8,953	12,637	15,409	21,115	12,307	9,314
Net Income	8,953	12,637	15,409	21,115	12,307	9,314
Net Income to Common	8,953	12,637	15,409	21,115	12,307	9,314
Net Income Growth	-46.08%	-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)	-0.17%	0.07%	-0.52%	0.37%	-3.89%	-5.30%
EPS (Basic)	741.75	1047.25	1280.74	1752.83	1023.60	746.19
EPS (Diluted)	741.75	1047.00	1278.00	1742.00	1019.22	741.25
EPS Growth	-46.05%	-18.08%	-26.64%	70.92%	37.50%	13.97%
Free Cash Flow	13,216	23,867	10,563	9,903	23,520	2,391
Free Cash Flow Per Share	1094.90	1977.97	876.01	817.06	1947.59	190.31
Dividend Per Share	321.000	321.000	-	-	-	-
Gross Margin	44.38%	46.83%	53.24%	55.00%	52.99%	51.25%
Operating Margin	19.57%	27.00%	36.83%	41.32%	37.64%	35.43%
Profit Margin	20.90%	26.99%	28.90%	40.76%	31.20%	27.03%
Free Cash Flow Margin	30.85%	50.98%	19.81%	19.12%	59.63%	6.94%
EBITDA	10,003	14,224	20,982	22,645	16,155	13,271
EBITDA Margin	23.35%	30.38%	39.36%	43.71%	40.96%	38.51%
D&A For EBITDA	1,622	1,585	1,350	1,242	1,308	1,062
EBIT	8,381	12,639	19,632	21,402	14,847	12,209
EBIT Margin	19.57%	27.00%	36.83%	41.32%	37.64%	35.43%
Effective Tax Rate	22.00%	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.