GS Retail Co., Ltd. (KRX: 007070)

GS Retail 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	11,860,325	11,612,548	11,031,893	9,690,659	8,862,319	9,006,929
Other Revenue	-0	-	-	-0	-	-
Revenue	11,860,325	11,612,548	11,031,893	9,690,659	8,862,319	9,006,929
Revenue Growth (YoY)	7.43%	5.26%	13.84%	9.35%	-1.61%	3.63%
Cost of Revenue	8,869,530	8,675,873	8,219,436	7,511,874	7,045,695	7,081,158
Gross Profit	2,990,795	2,936,675	2,812,457	2,178,785	1,816,624	1,925,771
Selling, General & Admin	1,949,023	1,923,692	1,878,533	1,391,279	984,990	1,091,748
Other Operating Expenses	46,352	45,469	41,327	33,694	29,707	30,574
Operating Expenses	2,597,782	2,542,720	2,450,870	1,959,243	1,564,057	1,686,935
Operating Income	393,014	393,955	361,587	219,542	252,567	238,836
Interest Expense	-111,652	-99,301	-78,177	-61,191	-68,640	-73,022
Interest & Investment Income	50,728	54,635	43,880	57,623	58,220	42,799
Earnings From Equity Investments	-157,562	-151,682	-27,523	56,767	-7,214	-1,093
Currency Exchange Gain (Loss)	559	-183	101	84	-	37
Other Non Operating Income (Expenses)	10,604	10,436	385.03	621,218	9,900	19,390
EBT Excluding Unusual Items	185,690	207,860	300,253	894,043	244,834	226,947
Gain (Loss) on Sale of Investments	-19,260	-38,399	-59,116	58,024	-5,557	4,036
Gain (Loss) on Sale of Assets	-11,688	-11,183	-11,580	2,656	-21,489	-5,588
Asset Writedown	-11,190	-11,190	-17,857	-39,434	-16,907	-25,556
Other Unusual Items	871	871	2	-	-	-
Pretax Income	144,423	147,959	211,703	915,290	200,881	199,839
Income Tax Expense	67,877	64,248	63,604	102,845	46,359	56,215
Earnings From Continuing Operations	76,546	83,711	148,099	812,445	154,522	143,624
Earnings From Discontinued Operations	-23,146	-61,563	-100,489	-11,169	-	-
Net Income to Company	53,400	22,148	47,610	801,276	154,522	143,624
Minority Interest in Earnings	-9,272	-4,469	-7,171	13,937	13,906	-10,498
Net Income	44,129	17,678	40,438	815,212	168,428	133,126
Net Income to Common	44,129	17,678	40,438	815,212	168,428	133,126
Net Income Growth	-11.75%	-56.28%	-95.04%	384.01%	26.52%	10.39%
Shares Outstanding (Basic)	103	102	102	90	77	77
Shares Outstanding (Diluted)	103	102	102	90	77	77
Shares Change (YoY)	0.81%	0.20%	14.01%	16.39%	-	-
EPS (Basic)	428.40	172.67	395.76	9095.94	2187.37	1728.91
EPS (Diluted)	428.40	172.67	395.76	9095.94	2187.37	1728.91
EPS Growth	-12.46%	-56.37%	-95.65%	315.84%	26.52%	10.39%
Free Cash Flow	471,681	459,765	306,167	191,764	487,863	535,722
Free Cash Flow Per Share	4579.02	4490.77	2996.35	2139.66	6335.88	6957.42
Dividend Per Share	500.000	500.000	430.000	-	900.000	750.000
Dividend Growth	16.28%	16.28%	-	-	20.00%	15.38%
Gross Margin	25.22%	25.29%	25.49%	22.48%	20.50%	21.38%
Operating Margin	3.31%	3.39%	3.28%	2.27%	2.85%	2.65%
Profit Margin	0.37%	0.15%	0.37%	8.41%	1.90%	1.48%
Free Cash Flow Margin	3.98%	3.96%	2.78%	1.98%	5.50%	5.95%
EBITDA	1,135,920	1,115,676	1,057,300	901,441	921,163	897,938
EBITDA Margin	9.58%	9.61%	9.58%	9.30%	10.39%	9.97%
D&A For EBITDA	742,906	721,721	695,713	681,899	668,596	659,102
EBIT	393,014	393,955	361,587	219,542	252,567	238,836
EBIT Margin	3.31%	3.39%	3.28%	2.27%	2.85%	2.65%
Effective Tax Rate	47.00%	43.42%	30.04%	11.24%	23.08%	28.13%
Advertising Expenses	-	151,733	150,856	119,091	53,668	57,209

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