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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	150,313	115,461	81,577	71,896	40,633	32,623
Other Revenue	-	-	-	-0	-	-
Revenue	150,313	115,461	81,577	71,896	40,633	32,623
Revenue Growth (YoY)	29.33%	41.54%	13.47%	76.94%	24.56%	23.90%
Cost of Revenue	86,912	70,395	47,436	41,424	24,849	19,515
Gross Profit	63,401	45,067	34,142	30,472	15,784	13,108
Selling, General & Admin	11,819	9,551	6,378	5,141	3,599	3,100
Research & Development	3,293	3,432	2,468	2,274	1,961	1,631
Other Operating Expenses	168.78	157.8	122.9	103.63	66.8	136.57
Operating Expenses	16,612	14,227	9,833	8,144	6,191	5,384
Operating Income	46,789	30,839	24,309	22,327	9,593	7,723
Interest Expense	-16.49	-8.74	-33.5	-3.9	-28.35	-97.66
Interest & Investment Income	1,852	1,196	677.39	264.96	58.76	21.37
Currency Exchange Gain (Loss)	-447.58	393.33	147.73	637.31	-262.94	82.02
Other Non Operating Income (Expenses)	121.92	287.41	134.11	93.66	2,140	-3.45
EBT Excluding Unusual Items	48,299	32,707	25,235	23,319	11,500	7,726
Gain (Loss) on Sale of Investments	-158.35	347.56	325.93	105.19	-0.28	-
Gain (Loss) on Sale of Assets	-26.65	4.88	0.59	7.56	-25.02	-12.17
Pretax Income	48,114	33,060	25,561	23,432	11,475	8,374
Income Tax Expense	8,557	5,621	4,444	3,847	1,433	1,088
Earnings From Continuing Operations	39,557	27,439	21,118	19,585	10,042	7,286
Earnings From Discontinued Operations	-	-	-	-	-0.12	-0.1
Net Income	39,557	27,439	21,118	19,585	10,042	7,286
Net Income to Common	39,557	27,439	21,118	19,585	10,042	7,286
Net Income Growth	32.63%	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)	-0.06%	-0.54%	-0.15%	22.11%	4.00%	-
EPS (Basic)	4900.45	3399.24	2602.02	2409.52	1508.60	1138.49
EPS (Diluted)	4900.24	3399.24	2602.02	2409.52	1508.60	1138.49
EPS Growth	32.71%	30.64%	7.99%	59.72%	32.51%	56.42%
Free Cash Flow	31,057	19,139	-587.51	3,372	6,366	3,972
Free Cash Flow Per Share	3847.43	2371.07	-72.39	414.90	956.42	620.67
Dividend Per Share	550.000	550.000	-	-	-	-
Gross Margin	42.18%	39.03%	41.85%	42.38%	38.84%	40.18%
Operating Margin	31.13%	26.71%	29.80%	31.06%	23.61%	23.68%
Profit Margin	26.32%	23.76%	25.89%	27.24%	24.71%	22.34%
Free Cash Flow Margin	20.66%	16.58%	-0.72%	4.69%	15.67%	12.18%
EBITDA	50,401	33,636	26,410	24,018	10,834	8,734
EBITDA Margin	33.53%	29.13%	32.37%	33.41%	26.66%	26.77%
D&A For EBITDA	3,612	2,797	2,101	1,690	1,242	1,010
EBIT	46,789	30,839	24,309	22,327	9,593	7,723
EBIT Margin	31.13%	26.71%	29.80%	31.05%	23.61%	23.68%
Effective Tax Rate	17.79%	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.