Bokwang Industry 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
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
Operating Revenue	70,599	85,460	87,471	71,898	56,898	49,767
Other Revenue	-0	-0	-0	-0	-	-
Revenue	70,599	85,460	87,471	71,898	56,898	49,767
Revenue Growth (YoY)	-19.24%	-2.30%	21.66%	26.36%	14.33%	-
Cost of Revenue	51,896	59,445	64,726	52,374	41,764	37,554
Gross Profit	18,703	26,016	22,745	19,524	15,134	12,214
Selling, General & Admin	5,746	5,805	6,085	5,267	4,772	4,053
Other Operating Expenses	648.62	581.14	603.52	331.26	255.36	240.1
Operating Expenses	7,474	7,150	7,365	6,063	5,516	4,974
Operating Income	11,228	18,865	15,380	13,461	9,618	7,239
Interest Expense	-3,029	-1,495	-1,105	-974.34	-1,024	-781.83
Interest & Investment Income	1,937	1,159	659.64	667.16	1,191	1,216
Currency Exchange Gain (Loss)	-7.08	-0.1	3.99	14.9	-15.56	-
Other Non Operating Income (Expenses)	2,268	72.05	121.65	-301.13	173	511.1
EBT Excluding Unusual Items	12,398	18,602	15,061	12,868	9,944	8,185
Gain (Loss) on Sale of Investments	832.83	2,155	185.38	243.61	92.51	-175.97
Gain (Loss) on Sale of Assets	166.56	83.91	325.16	732.34	-67.42	72.44
Asset Writedown	-	-	-22.5	-882.26	-62.5	-
Pretax Income	13,397	20,841	15,549	12,961	9,906	8,081
Income Tax Expense	2,576	4,178	3,474	3,171	1,324	1,818
Earnings From Continuing Operations	10,821	16,662	12,075	9,791	8,583	6,264
Minority Interest in Earnings	-	-	-	320.69	-	-
Net Income	10,821	16,662	12,075	10,111	8,583	6,264
Net Income to Common	10,821	16,662	12,075	10,111	8,583	6,264
Net Income Growth	-35.46%	37.99%	19.42%	17.81%	37.02%	-
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	39	36	36	36	36	36
Shares Change (YoY)	7.76%	-	0.00%	0.00%	1.52%	-
EPS (Basic)	297.78	458.53	332.28	278.25	237.10	175.00
EPS (Diluted)	226.78	458.53	332.00	278.25	236.46	175.00
EPS Growth	-50.85%	38.11%	19.32%	17.67%	35.12%	-
Free Cash Flow	56.49	1,592	17,746	16,742	-3,356	8,109
Free Cash Flow Per Share	1.44	43.81	488.36	460.73	-92.36	226.56
Dividend Per Share	300.000	300.000	-	-	-	-
Gross Margin	26.49%	30.44%	26.00%	27.15%	26.60%	24.54%
Operating Margin	15.90%	22.08%	17.58%	18.72%	16.90%	14.55%
Profit Margin	15.33%	19.50%	13.80%	14.06%	15.08%	12.59%
Free Cash Flow Margin	0.08%	1.86%	20.29%	23.29%	-5.90%	16.29%
EBITDA	20,346	28,058	24,336	21,642	17,746	12,970
EBITDA Margin	28.82%	32.83%	27.82%	30.10%	31.19%	26.06%
D&A For EBITDA	9,118	9,192	8,956	8,181	8,128	5,731
EBIT	11,228	18,865	15,380	13,461	9,618	7,239
EBIT Margin	15.90%	22.07%	17.58%	18.72%	16.90%	14.55%
Effective Tax Rate	19.23%	20.05%	22.34%	24.46%	13.36%	22.49%
Advertising Expenses	-	316.39	70.61	20.66	29	18.12

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