ADforus Co., Ltd. (KOSDAQ:397810)

ADforus Income Statement

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

Fiscal Year	FY 2022	FY 2021
Period Ending	Dec 31, 2022	Dec 31, 2021
Revenue	34,211	18,912
Revenue Growth (YoY)	80.89%	-
Cost of Revenue	5.64	6.09
Gross Profit	34,206	18,906
Selling, General & Admin	28,028	14,454
Research & Development	282.78	161.73
Other Operating Expenses	62.52	52.02
Operating Expenses	28,826	14,847
Operating Income	5,380	4,059
Interest Expense	-320.73	-168.5
Interest & Investment Income	65.11	10.31
Earnings From Equity Investments	237.37	69.2
Currency Exchange Gain (Loss)	-21.55	0.63
Other Non Operating Income (Expenses)	1.72	34.45
Pretax Income	5,342	4,005
Income Tax Expense	1,040	782.36
Earnings From Continuing Operations	4,302	3,223
Minority Interest in Earnings	-576.79	-132.61
Net Income	3,725	3,090
Net Income to Common	3,725	3,090
Net Income Growth	20.55%	-
Shares Outstanding (Basic)	1	1
Shares Outstanding (Diluted)	1	1
Shares Change (YoY)	8.01%	-
EPS (Basic)	7343.12	6155.49
EPS (Diluted)	6893.94	5913.51
EPS Growth	16.58%	-
Free Cash Flow	3,183	-1,231
Free Cash Flow Per Share	5638.94	-2356.37
Gross Margin	99.98%	99.97%
Operating Margin	15.72%	21.46%
Profit Margin	10.89%	16.34%
Free Cash Flow Margin	9.30%	-6.51%
EBITDA	5,687	4,236
EBITDA Margin	16.62%	22.40%
D&A For EBITDA	307.14	176.89
EBIT	5,380	4,059
EBIT Margin	15.72%	21.46%
Effective Tax Rate	19.47%	19.53%
Advertising Expenses	9.14	4.05

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