Echomarketing Co.,Ltd. (KOSDAQ: 230360)

Echomarketing Co.,Ltd. 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	336,394	350,478	352,756	229,662	177,031	111,355
Other Revenue	-0	-0	-	-0	-	-
Revenue	336,394	350,478	352,756	229,662	177,031	111,355
Revenue Growth (YoY)	-5.37%	-0.65%	53.60%	29.73%	58.98%	79.31%
Cost of Revenue	93,263	98,887	98,427	51,984	35,358	22,698
Gross Profit	243,131	251,591	254,329	177,679	141,673	88,657
Selling, General & Admin	183,425	187,099	188,411	130,219	79,415	48,260
Research & Development	1,006	950.24	1,126	1,356	638.83	421.49
Other Operating Expenses	1,713	1,423	1,548	974.83	713.52	467.56
Operating Expenses	194,008	196,496	197,340	137,616	82,812	50,819
Operating Income	49,123	55,094	56,990	40,062	58,861	37,838
Interest Expense	-1,227	-1,016	-1,046	-685.73	-53.37	-37.28
Interest & Investment Income	3,848	4,022	1,854	744.57	792.4	956.78
Earnings From Equity Investments	9,147	1,118	-907.84	-318.75	-1,041	-
Currency Exchange Gain (Loss)	-20.18	-837.56	37.54	1,109	-1,606	1,531
Other Non Operating Income (Expenses)	-379.56	967.95	-2,176	-6,739	2,388	1,525
EBT Excluding Unusual Items	60,492	59,349	54,752	34,173	59,341	41,814
Gain (Loss) on Sale of Investments	-644.68	304.85	1,591	740.87	10,349	308.95
Gain (Loss) on Sale of Assets	61.37	-3.04	4.9	-473.51	-100.83	-1.83
Other Unusual Items	296.94	60.71	-	-	-	-
Pretax Income	60,205	59,711	56,348	34,440	69,590	42,121
Income Tax Expense	12,239	10,857	11,183	7,326	14,821	8,768
Earnings From Continuing Operations	47,966	48,854	45,166	27,115	54,769	33,353
Minority Interest in Earnings	-9,674	-8,645	-7,004	629.57	-1,765	-1,784
Net Income	38,292	40,209	38,162	27,744	53,004	31,569
Net Income to Common	38,292	40,209	38,162	27,744	53,004	31,569
Net Income Growth	15.93%	5.36%	37.55%	-47.66%	67.90%	105.42%
Shares Outstanding (Basic)	32	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	33	33	33
Shares Change (YoY)	-0.84%	-0.65%	-0.70%	-0.81%	0.00%	0.14%
EPS (Basic)	1198.81	1253.37	1181.80	858.79	1635.02	974.41
EPS (Diluted)	1198.44	1253.00	1181.80	853.00	1622.07	969.43
EPS Growth	16.87%	6.02%	38.55%	-47.41%	67.32%	103.65%
Free Cash Flow	14,091	32,411	47,116	27,704	49,454	20,737
Free Cash Flow Per Share	441.16	1010.32	1459.07	851.98	1508.60	632.61
Dividend Per Share	200.000	200.000	310.000	-	-	-
Dividend Growth	-35.48%	-35.48%	-	-	-	-
Gross Margin	72.28%	71.78%	72.10%	77.36%	80.03%	79.62%
Operating Margin	14.60%	15.72%	16.16%	17.44%	33.25%	33.98%
Profit Margin	11.38%	11.47%	10.82%	12.08%	29.94%	28.35%
Free Cash Flow Margin	4.19%	9.25%	13.36%	12.06%	27.94%	18.62%
EBITDA	56,853	61,996	63,628	45,106	60,897	39,474
EBITDA Margin	16.90%	17.69%	18.04%	19.64%	34.40%	35.45%
D&A For EBITDA	7,729	6,901	6,639	5,044	2,036	1,636
EBIT	49,123	55,094	56,990	40,062	58,861	37,838
EBIT Margin	14.60%	15.72%	16.16%	17.44%	33.25%	33.98%
Effective Tax Rate	20.33%	18.18%	19.85%	21.27%	21.30%	20.82%
Advertising Expenses	-	98,519	104,331	68,224	42,942	24,232

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