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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	348,327	350,478	352,756	229,662	177,031	111,355
Other Revenue	-0	-0	-	-0	-	-
Revenue	348,327	350,478	352,756	229,662	177,031	111,355
Revenue Growth (YoY)	-0.14%	-0.65%	53.60%	29.73%	58.98%	79.31%
Cost of Revenue	98,667	98,887	98,427	51,984	35,358	22,698
Gross Profit	249,660	251,591	254,329	177,679	141,673	88,657
Selling, General & Admin	188,802	187,099	188,411	130,219	79,415	48,260
Research & Development	992.24	950.24	1,126	1,356	638.83	421.49
Other Operating Expenses	1,419	1,423	1,548	974.83	713.52	467.56
Operating Expenses	199,347	196,496	197,340	137,616	82,812	50,819
Operating Income	50,313	55,094	56,990	40,062	58,861	37,838
Interest Expense	-1,395	-1,016	-1,046	-685.73	-53.37	-37.28
Interest & Investment Income	3,636	4,022	1,854	744.57	792.4	956.78
Earnings From Equity Investments	8,997	1,118	-907.84	-318.75	-1,041	-
Currency Exchange Gain (Loss)	-565.35	-837.56	37.54	1,109	-1,606	1,531
Other Non Operating Income (Expenses)	-454.81	967.95	-2,176	-6,739	2,388	1,525
EBT Excluding Unusual Items	60,530	59,349	54,752	34,173	59,341	41,814
Gain (Loss) on Sale of Investments	-7,861	304.85	1,591	740.87	10,349	308.95
Gain (Loss) on Sale of Assets	-268.57	-3.04	4.9	-473.51	-100.83	-1.83
Other Unusual Items	60.71	60.71	-	-	-	-
Pretax Income	52,461	59,711	56,348	34,440	69,590	42,121
Income Tax Expense	11,678	10,857	11,183	7,326	14,821	8,768
Earnings From Continuing Operations	40,783	48,854	45,166	27,115	54,769	33,353
Minority Interest in Earnings	-9,704	-8,645	-7,004	629.57	-1,765	-1,784
Net Income	31,079	40,209	38,162	27,744	53,004	31,569
Net Income to Common	31,079	40,209	38,162	27,744	53,004	31,569
Net Income Growth	-19.87%	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)	-0.73%	-0.65%	-0.70%	-0.81%	0.00%	0.14%
EPS (Basic)	973.75	1253.37	1181.80	858.79	1635.02	974.41
EPS (Diluted)	973.75	1253.00	1181.80	853.00	1622.07	969.43
EPS Growth	-19.29%	6.02%	38.55%	-47.41%	67.32%	103.65%
Free Cash Flow	36,444	32,411	47,116	27,704	49,454	20,737
Free Cash Flow Per Share	1141.81	1010.32	1459.07	851.98	1508.60	632.61
Dividend Per Share	330.000	200.000	310.000	-	-	-
Dividend Growth	266.67%	-35.48%	-	-	-	-
Gross Margin	71.67%	71.78%	72.10%	77.36%	80.03%	79.62%
Operating Margin	14.44%	15.72%	16.16%	17.44%	33.25%	33.98%
Profit Margin	8.92%	11.47%	10.82%	12.08%	29.94%	28.35%
Free Cash Flow Margin	10.46%	9.25%	13.36%	12.06%	27.94%	18.62%
EBITDA	58,321	61,996	63,628	45,106	60,897	39,474
EBITDA Margin	16.74%	17.69%	18.04%	19.64%	34.40%	35.45%
D&A For EBITDA	8,008	6,901	6,639	5,044	2,036	1,636
EBIT	50,313	55,094	56,990	40,062	58,861	37,838
EBIT Margin	14.44%	15.72%	16.16%	17.44%	33.25%	33.98%
Effective Tax Rate	22.26%	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.