NOROO Holdings Co., Ltd. (KRX: 000320)

NOROO Holdings 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	1,231,339	1,214,617	1,031,735	955,214	848,027	884,292
Other Revenue	-	-	-0	-	-	-
Revenue	1,231,339	1,214,617	1,031,735	955,214	848,027	884,292
Revenue Growth (YoY)	7.91%	17.73%	8.01%	12.64%	-4.10%	5.78%
Cost of Revenue	925,967	926,889	826,304	768,937	644,977	677,249
Gross Profit	305,372	287,727	205,431	186,277	203,051	207,044
Selling, General & Admin	171,019	166,038	130,430	141,133	149,717	160,236
Research & Development	12,407	14,125	13,770	5,729	5,663	6,150
Other Operating Expenses	1,744	1,832	1,456	3,077	1,159	1,166
Operating Expenses	225,386	220,073	175,605	160,032	167,305	182,017
Operating Income	79,986	67,654	29,826	26,245	35,746	25,026
Interest Expense	-6,173	-6,788	-6,667	-6,182	-7,074	-7,412
Interest & Investment Income	6,098	5,554	4,186	3,003	1,821	2,690
Earnings From Equity Investments	7,378	2,463	-428.39	20.9	16,002	13,729
Currency Exchange Gain (Loss)	3,439	1,961	-4,284	1,584	-1,126	2,371
Other Non Operating Income (Expenses)	-124.37	-145.84	-532.23	-368.78	164.47	349.09
EBT Excluding Unusual Items	90,602	70,699	22,101	24,302	45,534	36,753
Gain (Loss) on Sale of Investments	-837.92	-165.95	19,558	2,410	161.23	-691.65
Gain (Loss) on Sale of Assets	-195.63	-116.14	741.91	563.74	385.63	-382.02
Asset Writedown	-1,565	-1,490	-	-507.1	-2,360	-1,070
Pretax Income	88,004	68,927	42,400	26,769	43,720	34,609
Income Tax Expense	16,780	15,361	8,531	16,061	14,623	14,694
Earnings From Continuing Operations	71,224	53,566	33,870	10,708	29,097	19,914
Earnings From Discontinued Operations	-1,991	-1,886	-478.7	-	-	-
Net Income to Company	69,233	51,679	33,391	10,708	29,097	19,914
Minority Interest in Earnings	-31,315	-26,218	-8,422	-9,111	-15,103	-15,340
Net Income	37,918	25,462	24,969	1,596	13,994	4,575
Preferred Dividends & Other Adjustments	1,014	592.01	-	-	-	-
Net Income to Common	36,905	24,870	24,969	1,596	13,994	4,575
Net Income Growth	41.64%	1.97%	1464.08%	-88.59%	205.91%	-
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-0.97%	0.38%	0.25%	-0.00%	0.01%	-0.02%
EPS (Basic)	3558.61	2372.23	2390.82	153.23	1343.21	439.11
EPS (Diluted)	3558.61	2372.23	2390.82	153.23	1343.21	439.11
EPS Growth	39.20%	-0.78%	1460.25%	-88.59%	205.90%	-
Free Cash Flow	66,476	78,052	18,708	8,848	27,251	28,289
Free Cash Flow Per Share	6410.10	7445.15	1791.38	849.29	2615.67	2715.39
Dividend Per Share	500.000	500.000	-	-	-	-
Gross Margin	24.80%	23.69%	19.91%	19.50%	23.94%	23.41%
Operating Margin	6.50%	5.57%	2.89%	2.75%	4.22%	2.83%
Profit Margin	3.00%	2.05%	2.42%	0.17%	1.65%	0.52%
Free Cash Flow Margin	5.40%	6.43%	1.81%	0.93%	3.21%	3.20%
EBITDA	107,077	95,292	54,067	48,870	59,546	48,405
EBITDA Margin	8.70%	7.85%	5.24%	5.12%	7.02%	5.47%
D&A For EBITDA	27,091	27,638	24,241	22,625	23,800	23,379
EBIT	79,986	67,654	29,826	26,245	35,746	25,026
EBIT Margin	6.50%	5.57%	2.89%	2.75%	4.22%	2.83%
Effective Tax Rate	19.07%	22.29%	20.12%	60.00%	33.45%	42.46%
Advertising Expenses	-	3,441	3,543	1,697	3,739	4,322

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