SK Securities Co., Ltd. (KRX: 001510)

SK Securities 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
Interest and Dividend Income	233,158	219,403	184,595	130,170	106,469	103,343
Total Interest Expense	160,742	167,530	115,624	40,310	52,915	53,710
Net Interest Income	72,416	51,872	68,970	89,860	53,554	49,633
Brokerage Commission	129,209	140,368	140,946	204,460	161,230	112,371
Asset Management Fee	2,430	2,759	3,705	4,884	2,098	1,358
Underwriting & Investment Banking Fee	28,843	33,129	32,861	36,191	29,545	30,186
Gain on Sale of Investments (Rev)	306,821	351,010	329,752	218,499	222,247	99,628
Other Revenue	287,692	370,547	518,934	426,857	444,426	193,685
Revenue Before Loan Losses	829,008	951,514	1,097,939	981,897	913,100	486,862
Provision for Loan Losses	68,314	36,775	39,554	2,836	1,405	-447.71
Revenue	760,693	914,739	1,058,385	979,061	911,695	487,309
Revenue Growth (YoY)	-13.37%	-13.57%	8.10%	7.39%	87.09%	4.41%
Salaries & Employee Benefits	149,410	147,245	159,996	188,380	139,936	125,687
Cost of Services Provided	90,716	75,897	86,304	80,879	69,871	70,371
Other Operating Expenses	274,117	348,224	427,228	350,649	452,553	156,159
Total Operating Expenses	539,436	597,338	699,033	641,313	678,092	365,786
Operating Income	221,257	317,401	359,353	337,748	233,602	121,523
Currency Exchange Gains	611.93	-36.66	-3,733	-13,101	3,725	756.86
Other Non-Operating Income (Expenses)	-21,527	-85,204	-21,000	-49,282	-92,152	-56,849
EBT Excluding Unusual Items	207,303	247,744	329,932	281,294	147,882	83,823
Asset Writedown	978	1,021	-	-	-	-
Gain (Loss) on Sale of Investments	-300,277	-243,815	-323,080	-223,288	-132,365	-42,179
Pretax Income	-90,419	5,881	10,156	58,285	17,907	41,638
Income Tax Expense	-18,509	2,694	1,547	16,853	5,613	10,417
Earnings From Continuing Ops.	-71,910	3,188	8,609	41,432	12,294	31,221
Minority Interest in Earnings	210.79	-636.51	810.68	-1,396	-913.93	0.1
Net Income	-71,699	2,551	9,420	40,036	11,380	31,221
Preferred Dividends & Other Adjustments	-201.9	39.37	107.58	379.46	119.24	281.97
Net Income to Common	-71,497	2,512	9,312	39,656	11,261	30,939
Net Income Growth	-	-72.92%	-76.47%	251.80%	-63.55%	123.82%
Shares Outstanding (Basic)	414	414	414	431	442	461
Shares Outstanding (Diluted)	414	414	414	431	442	461
Shares Change (YoY)	0.00%	-0.04%	-3.92%	-2.47%	-4.18%	43.19%
EPS (Basic)	-172.74	6.07	22.50	91.99	25.48	67.07
EPS (Diluted)	-172.74	6.07	22.48	91.99	25.00	67.00
EPS Growth	-	-73.00%	-75.56%	267.95%	-62.69%	56.73%
Free Cash Flow	137,902	212,949	319,680	-573,819	-387,392	-202,615
Free Cash Flow Per Share	333.17	514.30	771.79	-1331.04	-876.41	-439.22
Dividend Per Share	2.000	2.000	-	-	-	-
Operating Margin	29.09%	34.70%	33.95%	34.50%	25.62%	24.94%
Profit Margin	-9.40%	0.27%	0.88%	4.05%	1.24%	6.35%
Free Cash Flow Margin	18.13%	23.28%	30.20%	-58.61%	-42.49%	-41.58%
Effective Tax Rate	-	45.80%	15.23%	28.91%	31.35%	25.02%

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