Advanced Process Systems Corporation (KOSDAQ: 265520)

Advanced Process Systems 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	512,269	533,579	486,608	528,741	591,795	462,078
Other Revenue	-0	-0	-0	-0	-	-0
Revenue	512,269	533,579	486,608	528,741	591,795	462,078
Revenue Growth (YoY)	0.22%	9.65%	-7.97%	-10.65%	28.07%	-35.30%
Cost of Revenue	411,932	428,167	344,201	414,298	493,060	389,456
Gross Profit	100,337	105,412	142,406	114,443	98,735	72,622
Selling, General & Admin	34,740	31,812	33,231	32,632	31,510	29,605
Research & Development	10,828	10,828	10,283	9,564	10,944	12,224
Other Operating Expenses	3,126	3,126	5,290	1,662	2,257	976.16
Operating Expenses	45,445	45,291	51,741	49,933	52,543	44,205
Operating Income	54,892	60,121	90,665	64,510	46,193	28,417
Interest Expense	-5,854	-5,854	-3,810	-2,851	-3,438	-5,561
Interest & Investment Income	8,180	6,412	2,359	398.72	360.65	723.88
Earnings From Equity Investments	11,076	10,791	-650.58	-	-	0.23
Currency Exchange Gain (Loss)	2,669	2,669	16,256	10,626	-9,150	-4,743
Other Non Operating Income (Expenses)	-4,871	1,258	1,421	1,138	1,159	1,007
EBT Excluding Unusual Items	66,093	75,398	106,241	73,823	35,125	19,844
Gain (Loss) on Sale of Investments	808.13	808.13	178.85	-	-	6.91
Gain (Loss) on Sale of Assets	-173.75	-173.75	4,132	1,725	1,122	-827.5
Asset Writedown	-125.63	-125.63	-13.64	-	-1,642	-6,621
Other Unusual Items	281.49	281.49	-	-	44	-
Pretax Income	66,883	76,188	110,538	75,547	34,649	12,402
Income Tax Expense	13,928	16,154	28,301	18,381	9,698	2,951
Net Income	52,955	60,034	82,238	57,166	24,951	9,451
Net Income to Common	52,955	60,034	82,238	57,166	24,951	9,451
Net Income Growth	30.92%	-27.00%	43.86%	129.11%	163.99%	-62.53%
Shares Outstanding (Basic)	15	15	15	15	14	14
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	0.02%	-0.23%	-0.44%	-0.32%	-	-0.42%
EPS (Basic)	3525.16	3996.88	5462.56	3931.61	1736.38	670.99
EPS (Diluted)	3524.94	3996.88	5462.56	3781.13	1646.11	625.39
EPS Growth	30.90%	-26.83%	44.47%	129.70%	163.21%	-62.31%
Free Cash Flow	18,483	41,822	96,741	62,546	61,839	16,727
Free Cash Flow Per Share	1230.30	2784.37	6425.94	4136.13	4076.17	1102.55
Dividend Per Share	470.000	270.000	-	-	-	-
Gross Margin	19.59%	19.76%	29.27%	21.64%	16.68%	15.72%
Operating Margin	10.72%	11.27%	18.63%	12.20%	7.81%	6.15%
Profit Margin	10.34%	11.25%	16.90%	10.81%	4.22%	2.05%
Free Cash Flow Margin	3.61%	7.84%	19.88%	11.83%	10.45%	3.62%
EBITDA	61,006	66,052	97,495	73,252	56,879	42,755
EBITDA Margin	11.91%	12.38%	20.04%	13.85%	9.61%	9.25%
D&A For EBITDA	6,114	5,931	6,830	8,741	10,686	14,338
EBIT	54,892	60,121	90,665	64,510	46,193	28,417
EBIT Margin	10.72%	11.27%	18.63%	12.20%	7.81%	6.15%
Effective Tax Rate	20.82%	21.20%	25.60%	24.33%	27.99%	23.79%

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