Kolon Corporation (KRX: 002020)

Kolon 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	5,959,525	5,867,786	5,594,862	5,344,695	4,806,820	4,274,947
Other Revenue	34,319	26,446	65,060	65,720	83,331	9,447
Revenue	5,993,844	5,894,231	5,659,922	5,410,415	4,890,151	4,284,394
Revenue Growth (YoY)	3.42%	4.14%	4.61%	10.64%	14.14%	-0.93%
Cost of Revenue	5,510,281	5,399,634	4,976,197	4,746,477	4,286,978	3,788,802
Gross Profit	483,563	494,598	683,725	663,938	603,172	495,592
Selling, General & Admin	341,416	324,035	302,817	275,298	263,148	257,105
Research & Development	6,819	4,236	2,536	1,576	2,687	5,110
Other Operating Expenses	11,306	11,112	9,722	8,848	10,173	8,623
Operating Expenses	404,755	369,982	367,518	337,614	327,588	329,694
Operating Income	78,809	124,616	316,207	326,324	275,584	165,898
Interest Expense	-152,064	-120,916	-68,980	-48,408	-61,507	-80,082
Interest & Investment Income	28,579	28,795	26,297	10,161	6,975	11,221
Earnings From Equity Investments	252,992	-21,667	18,574	-46,447	-11,045	-59,067
Currency Exchange Gain (Loss)	-13,474	-2,324	-9,318	-8,911	3,885	-7,733
Other Non Operating Income (Expenses)	4,580	4,177	4,663	-8,778	-10,596	4,125
EBT Excluding Unusual Items	199,420	12,680	287,442	223,940	203,297	34,362
Impairment of Goodwill	-4,759	-4,759	-	-	-	-
Gain (Loss) on Sale of Investments	15,141	11,077	2,562	25,761	-3,131	-2,997
Gain (Loss) on Sale of Assets	-4,361	624.76	3,053	1,967	-2,708	1,861
Asset Writedown	5,803	4,840	-6,071	-9,551	-15,076	-28,718
Other Unusual Items	155.1	155.1	-	-	-	-
Pretax Income	211,400	24,619	286,986	242,116	182,382	4,508
Income Tax Expense	4,252	9,232	92,151	85,322	55,080	10,214
Earnings From Continuing Operations	207,148	15,387	194,835	156,795	127,302	-5,706
Earnings From Discontinued Operations	-	-	-	-	25,213	-12,547
Net Income to Company	207,148	15,387	194,835	156,795	152,515	-18,253
Minority Interest in Earnings	22,334	-6,821	-34,956	-28,417	-15,310	-4,013
Net Income	229,482	8,566	159,880	128,377	137,206	-22,266
Preferred Dividends & Other Adjustments	21,434	722.5	-	-	-	-
Net Income to Common	208,048	7,844	159,880	128,377	137,206	-22,266
Net Income Growth	107.89%	-94.64%	24.54%	-6.43%	-	-
Shares Outstanding (Basic)	13	14	14	14	14	14
Shares Outstanding (Diluted)	13	14	14	14	14	14
Shares Change (YoY)	-4.76%	-0.82%	-0.27%	1.16%	-0.47%	2.39%
EPS (Basic)	15807.86	572.42	11667.67	9368.68	10009.00	-1624.92
EPS (Diluted)	15807.86	572.42	11501.15	9210.27	9958.00	-1624.92
EPS Growth	98.41%	-95.02%	24.87%	-7.51%	-	-
Free Cash Flow	-397,642	-341,296	185,620	184,199	309,369	123,433
Free Cash Flow Per Share	-30133.70	-24753.87	13352.76	13215.09	22453.11	8916.61
Dividend Per Share	550.000	550.000	550.000	550.000	-	500.000
Gross Margin	8.07%	8.39%	12.08%	12.27%	12.33%	11.57%
Operating Margin	1.31%	2.11%	5.59%	6.03%	5.64%	3.87%
Profit Margin	3.47%	0.13%	2.82%	2.37%	2.81%	-0.52%
Free Cash Flow Margin	-6.63%	-5.79%	3.28%	3.40%	6.33%	2.88%
EBITDA	166,837	208,153	389,616	407,786	360,096	252,394
EBITDA Margin	2.78%	3.53%	6.88%	7.54%	7.36%	5.89%
D&A For EBITDA	88,028	83,537	73,409	81,463	84,511	86,496
EBIT	78,809	124,616	316,207	326,324	275,584	165,898
EBIT Margin	1.31%	2.11%	5.59%	6.03%	5.64%	3.87%
Effective Tax Rate	2.01%	37.50%	32.11%	35.24%	30.20%	226.58%
Advertising Expenses	-	20,980	16,585	12,445	11,350	15,603

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