Accolade Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2022	FY 2021
Period Ending	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	51,732	34,572
Revenue Growth (YoY)	49.64%	-
Cost of Revenue	45,799	28,731
Gross Profit	5,933	5,841
Selling, General & Admin	1,802	2,309
Research & Development	1,364	1,412
Other Operating Expenses	164.03	129.99
Operating Expenses	4,066	3,901
Operating Income	1,867	1,940
Interest Expense	-464.61	-113.92
Interest & Investment Income	25.33	11.67
Currency Exchange Gain (Loss)	502.95	559.07
Other Non Operating Income (Expenses)	517.94	599.6
EBT Excluding Unusual Items	2,448	2,997
Gain (Loss) on Sale of Investments	5.82	5.82
Gain (Loss) on Sale of Assets	-	-0.24
Asset Writedown	-2,184	-
Pretax Income	270.18	3,002
Income Tax Expense	-134.61	460.79
Net Income	404.79	2,541
Net Income to Common	404.79	2,541
Net Income Growth	-84.07%	-
Shares Outstanding (Basic)	11	11
Shares Outstanding (Diluted)	11	11
Shares Change (YoY)	0.40%	-
EPS (Basic)	35.37	222.93
EPS (Diluted)	35.33	222.93
EPS Growth	-84.15%	-
Free Cash Flow	-3,186	-4,882
Free Cash Flow Per Share	-278.39	-428.27
Gross Margin	11.47%	16.89%
Operating Margin	3.61%	5.61%
Profit Margin	0.78%	7.35%
Free Cash Flow Margin	-6.16%	-14.12%
EBITDA	2,789	2,708
EBITDA Margin	5.39%	7.83%
D&A For EBITDA	921.85	767.69
EBIT	1,867	1,940
EBIT Margin	3.61%	5.61%
Effective Tax Rate	-	15.35%
Advertising Expenses	64.2	30.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.