Sajodaerim Corporation (KRX: 003960)

Sajodaerim 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	2,231,855	2,063,075	2,018,753	1,813,695	1,718,104	1,329,706
Other Revenue	-	-	-	-	-0	-
Revenue	2,231,855	2,063,075	2,018,753	1,813,695	1,718,104	1,329,706
Revenue Growth (YoY)	8.80%	2.20%	11.31%	5.56%	29.21%	41.89%
Cost of Revenue	1,903,246	1,765,689	1,758,279	1,559,388	1,513,295	1,138,357
Gross Profit	328,610	297,385	260,474	254,306	204,809	191,348
Selling, General & Admin	180,884	163,185	153,309	144,737	147,150	133,730
Operating Expenses	178,312	158,820	167,396	151,082	158,135	162,940
Operating Income	150,297	138,566	93,078	103,224	46,674	28,409
Interest Expense	-11,497	-11,497	-10,277	-10,331	-10,189	-10,092
Interest & Investment Income	4,992	4,992	7,495	2,409	2,395	2,536
Earnings From Equity Investments	-	-	-	-	7,006	-
Currency Exchange Gain (Loss)	-617.14	-617.14	-90.84	-5,611	5,232	2,771
Other Non Operating Income (Expenses)	-13,796	-2,647	-4,910	5,395	-4,231	73,059
EBT Excluding Unusual Items	129,379	128,796	85,295	95,086	46,887	96,683
Gain (Loss) on Sale of Investments	10,414	4,876	3,718	4,545	-1,889	101.33
Gain (Loss) on Sale of Assets	-1,393	-1,393	-2,191	3,178	7,099	1,363
Asset Writedown	27.68	27.68	-	-5,841	1.1	-648.18
Other Unusual Items	-	-	-1,686	-	-	-
Pretax Income	138,427	132,307	85,136	96,967	52,098	97,499
Income Tax Expense	28,802	25,156	11,326	30,404	15,947	10,426
Earnings From Continuing Operations	109,626	107,150	73,810	66,562	36,151	87,073
Minority Interest in Earnings	-11,180	-15,812	-2,563	-3,854	-2,314	-4,495
Net Income	98,446	91,338	71,248	62,708	33,837	82,577
Preferred Dividends & Other Adjustments	65.21	38.93	-	-	-	-
Net Income to Common	98,381	91,299	71,248	62,708	33,837	82,577
Net Income Growth	18.66%	28.20%	13.62%	85.33%	-59.02%	732.65%
Shares Outstanding (Basic)	8	8	7	7	7	7
Shares Outstanding (Diluted)	8	8	7	7	7	7
Shares Change (YoY)	5.19%	2.46%	-	-	8.48%	13.65%
EPS (Basic)	12719.21	12117.95	9689.49	8528.18	4601.73	12182.14
EPS (Diluted)	12719.21	12117.95	9689.49	8528.18	4601.73	12182.14
EPS Growth	12.73%	25.06%	13.62%	85.33%	-62.23%	632.63%
Free Cash Flow	175,133	160,121	39,959	44,416	42,521	25,214
Free Cash Flow Per Share	22642.16	21252.50	5434.28	6040.41	5782.79	3719.61
Dividend Per Share	350.000	350.000	-	-	-	-
Gross Margin	14.72%	14.41%	12.90%	14.02%	11.92%	14.39%
Operating Margin	6.73%	6.72%	4.61%	5.69%	2.72%	2.14%
Profit Margin	4.41%	4.43%	3.53%	3.46%	1.97%	6.21%
Free Cash Flow Margin	7.85%	7.76%	1.98%	2.45%	2.47%	1.90%
EBITDA	188,348	169,268	124,371	136,058	77,312	53,695
EBITDA Margin	8.44%	8.20%	6.16%	7.50%	4.50%	4.04%
D&A For EBITDA	38,050	30,703	31,293	32,834	30,638	25,286
EBIT	150,297	138,566	93,078	103,224	46,674	28,409
EBIT Margin	6.73%	6.72%	4.61%	5.69%	2.72%	2.14%
Effective Tax Rate	20.81%	19.01%	13.30%	31.36%	30.61%	10.69%
Advertising Expenses	-	12,466	8,965	7,755	8,323	7,990

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