T&L Co., Ltd. (KOSDAQ: 340570)

T&L 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	131,617	115,461	81,577	71,896	40,633	32,623
Other Revenue	-	-	-	-0	-	-
Revenue	131,617	115,461	81,577	71,896	40,633	32,623
Revenue Growth (YoY)	23.40%	41.54%	13.47%	76.94%	24.56%	23.90%
Cost of Revenue	78,353	70,395	47,436	41,424	24,849	19,515
Gross Profit	53,265	45,067	34,142	30,472	15,784	13,108
Selling, General & Admin	11,119	9,551	6,378	5,141	3,599	3,100
Research & Development	3,326	3,432	2,468	2,274	1,961	1,631
Other Operating Expenses	164.66	157.8	122.9	103.63	66.8	136.57
Operating Expenses	15,875	14,227	9,833	8,144	6,191	5,384
Operating Income	37,390	30,839	24,309	22,327	9,593	7,723
Interest Expense	-2.39	-8.74	-33.5	-3.9	-28.35	-97.66
Interest & Investment Income	1,675	1,196	677.39	264.96	58.76	21.37
Currency Exchange Gain (Loss)	1,431	393.33	147.73	637.31	-262.94	82.02
Other Non Operating Income (Expenses)	126.47	287.41	134.11	93.66	2,140	-3.45
EBT Excluding Unusual Items	40,619	32,707	25,235	23,319	11,500	7,726
Gain (Loss) on Sale of Investments	574.29	347.56	325.93	105.19	-0.28	-
Gain (Loss) on Sale of Assets	-12.42	4.88	0.59	7.56	-25.02	-12.17
Pretax Income	41,181	33,060	25,561	23,432	11,475	8,374
Income Tax Expense	7,218	5,621	4,444	3,847	1,433	1,088
Earnings From Continuing Operations	33,963	27,439	21,118	19,585	10,042	7,286
Earnings From Discontinued Operations	-	-	-	-	-0.12	-0.1
Net Income	33,963	27,439	21,118	19,585	10,042	7,286
Net Income to Common	33,963	27,439	21,118	19,585	10,042	7,286
Net Income Growth	22.73%	29.93%	7.83%	95.03%	37.81%	56.42%
Shares Outstanding (Basic)	8	8	8	8	7	6
Shares Outstanding (Diluted)	8	8	8	8	7	6
Shares Change (YoY)	-0.20%	-0.54%	-0.15%	22.11%	4.00%	-
EPS (Basic)	4207.49	3399.24	2602.02	2409.52	1508.60	1138.49
EPS (Diluted)	4207.49	3399.24	2602.02	2409.52	1508.60	1138.49
EPS Growth	22.97%	30.64%	7.99%	59.72%	32.51%	56.42%
Free Cash Flow	20,807	19,139	-587.51	3,372	6,366	3,972
Free Cash Flow Per Share	2577.65	2371.07	-72.39	414.90	956.42	620.67
Dividend Per Share	550.000	550.000	-	-	-	-
Gross Margin	40.47%	39.03%	41.85%	42.38%	38.84%	40.18%
Operating Margin	28.41%	26.71%	29.80%	31.06%	23.61%	23.68%
Profit Margin	25.80%	23.76%	25.89%	27.24%	24.71%	22.34%
Free Cash Flow Margin	15.81%	16.58%	-0.72%	4.69%	15.67%	12.18%
EBITDA	40,735	33,636	26,410	24,018	10,834	8,734
EBITDA Margin	30.95%	29.13%	32.37%	33.41%	26.66%	26.77%
D&A For EBITDA	3,346	2,797	2,101	1,690	1,242	1,010
EBIT	37,390	30,839	24,309	22,327	9,593	7,723
EBIT Margin	28.41%	26.71%	29.80%	31.05%	23.61%	23.68%
Effective Tax Rate	17.53%	17.00%	17.38%	16.42%	12.49%	12.99%
Advertising Expenses	-	375.97	53.1	40.32	39.23	80.22

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