GMB Korea Corp. (KRX:013870)

GMB Korea Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	771,120	726,708	690,906	610,506	531,332	445,770
Other Revenue	-	-	-0	-	-0	-
Revenue	771,120	726,708	690,906	610,506	531,332	445,770
Revenue Growth (YoY)	8.03%	5.18%	13.17%	14.90%	19.19%	-6.65%
Cost of Revenue	643,680	611,770	587,825	525,454	459,073	394,514
Gross Profit	127,440	114,938	103,081	85,052	72,259	51,256
Selling, General & Admin	75,914	69,069	63,631	58,383	49,330	49,554
Research & Development	19,049	17,632	14,495	10,376	9,115	6,611
Amortization of Goodwill & Intangibles	317.83	335.72	348.35	426.02	444.63	459.68
Other Operating Expenses	1,812	1,833	1,606	1,633	1,292	1,097
Operating Expenses	100,209	92,253	82,515	73,929	63,882	60,912
Operating Income	27,230	22,685	20,567	11,123	8,378	-9,656
Interest Expense	-8,722	-9,371	-9,385	-5,282	-3,271	-3,601
Interest & Investment Income	1,389	1,182	687	764.52	505.12	374.77
Earnings From Equity Investments	1,053	232.02	-191.63	-1,308	907.92	1,147
Currency Exchange Gain (Loss)	3,674	3,818	-789.75	3,269	690.22	1,978
Other Non Operating Income (Expenses)	335.54	3,282	3,379	6,034	5,169	-910.8
EBT Excluding Unusual Items	24,960	21,826	14,266	14,600	12,379	-10,667
Gain (Loss) on Sale of Investments	44.34	-3.19	106.76	139.39	131.6	172.32
Gain (Loss) on Sale of Assets	-182	-565.78	-559.02	-1,382	-76.49	-1,075
Asset Writedown	-711.6	-718	-405.85	-66.77	784.84	-120.84
Pretax Income	24,111	20,539	13,408	13,290	13,219	-11,691
Income Tax Expense	7,102	5,744	2,595	1,201	2,718	-3,724
Earnings From Continuing Operations	17,009	14,795	10,813	12,090	10,501	-7,967
Minority Interest in Earnings	993.26	571.43	711.44	-244.97	-746.84	-280.86
Net Income	18,002	15,367	11,525	11,845	9,754	-8,247
Net Income to Common	18,002	15,367	11,525	11,845	9,754	-8,247
Net Income Growth	65.91%	33.34%	-2.70%	21.44%	-	-
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	-0.27%	-	-	-	-	-
EPS (Basic)	945.44	805.71	604.27	621.05	511.41	-432.43
EPS (Diluted)	945.44	805.71	604.27	621.05	511.41	-432.43
EPS Growth	66.36%	33.34%	-2.70%	21.44%	-	-
Free Cash Flow	-32,279	-8,934	-12,218	13,633	-20,639	-8,085
Free Cash Flow Per Share	-1695.26	-468.45	-640.61	714.79	-1082.14	-423.90
Dividend Per Share	250.000	250.000	150.000	80.000	-	30.000
Dividend Growth	66.67%	66.67%	87.50%	-	-	-
Gross Margin	16.53%	15.82%	14.92%	13.93%	13.60%	11.50%
Operating Margin	3.53%	3.12%	2.98%	1.82%	1.58%	-2.17%
Profit Margin	2.33%	2.11%	1.67%	1.94%	1.84%	-1.85%
Free Cash Flow Margin	-4.19%	-1.23%	-1.77%	2.23%	-3.88%	-1.81%
EBITDA	57,754	51,592	49,428	39,760	37,170	18,036
EBITDA Margin	7.49%	7.10%	7.15%	6.51%	7.00%	4.05%
D&A For EBITDA	30,523	28,907	28,861	28,637	28,793	27,692
EBIT	27,230	22,685	20,567	11,123	8,378	-9,656
EBIT Margin	3.53%	3.12%	2.98%	1.82%	1.58%	-2.17%
Effective Tax Rate	29.46%	27.97%	19.35%	9.03%	20.56%	-
Advertising Expenses	-	557.68	563.24	346.15	332.04	308.66

Source: S&P Global Market Intelligence. Standard template. Financial Sources.