GMB Korea Corp. (KRX: 013870)

GMB Korea 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	712,906	690,906	610,506	531,332	445,770	477,535
Other Revenue	-	-0	-	-0	-	0
Revenue	712,906	690,906	610,506	531,332	445,770	477,535
Revenue Growth (YoY)	7.40%	13.17%	14.90%	19.19%	-6.65%	4.45%
Cost of Revenue	602,595	587,825	525,454	459,073	394,514	415,339
Gross Profit	110,311	103,081	85,052	72,259	51,256	62,196
Selling, General & Admin	67,539	63,631	58,383	49,330	49,554	41,830
Research & Development	16,092	14,495	10,376	9,115	6,611	7,448
Other Operating Expenses	1,857	1,606	1,633	1,292	1,097	1,028
Operating Expenses	88,731	82,515	73,929	63,882	60,912	53,687
Operating Income	21,580	20,567	11,123	8,378	-9,656	8,510
Interest Expense	-9,595	-9,385	-5,282	-3,271	-3,601	-4,480
Interest & Investment Income	855.15	687	764.52	505.12	374.77	432.4
Earnings From Equity Investments	592.49	-191.62	-1,308	907.92	1,147	-785.8
Currency Exchange Gain (Loss)	1,632	-789.75	3,269	690.22	1,978	-32.78
Other Non Operating Income (Expenses)	4,363	3,379	6,034	5,169	-910.8	3,122
EBT Excluding Unusual Items	19,426	14,266	14,600	12,379	-10,667	6,765
Gain (Loss) on Sale of Investments	55.24	106.76	139.39	131.6	172.32	135.38
Gain (Loss) on Sale of Assets	-799.54	-559.02	-1,382	-76.49	-1,075	184.35
Asset Writedown	616.72	-405.85	-66.77	784.84	-120.84	-1,631
Pretax Income	19,299	13,408	13,290	13,219	-11,691	5,454
Income Tax Expense	2,944	2,595	1,201	2,718	-3,724	3,663
Earnings From Continuing Operations	16,355	10,813	12,090	10,501	-7,967	1,791
Minority Interest in Earnings	-152.03	711.44	-244.97	-746.84	-280.86	944.32
Net Income	16,203	11,525	11,845	9,754	-8,247	2,735
Net Income to Common	16,203	11,525	11,845	9,754	-8,247	2,735
Net Income Growth	183.94%	-2.70%	21.44%	-	-	2002.48%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
EPS (Basic)	849.55	604.27	621.05	511.41	-432.43	143.42
EPS (Diluted)	849.55	604.27	621.05	511.41	-432.43	143.42
EPS Growth	183.94%	-2.70%	21.44%	-	-	2002.48%
Free Cash Flow	-2,316	-12,218	13,633	-20,639	-8,085	-11,659
Free Cash Flow Per Share	-121.43	-640.61	714.79	-1082.14	-423.90	-611.33
Dividend Per Share	150.000	150.000	80.000	-	30.000	30.000
Dividend Growth	87.50%	87.50%	-	-	0%	0%
Gross Margin	15.47%	14.92%	13.93%	13.60%	11.50%	13.02%
Operating Margin	3.03%	2.98%	1.82%	1.58%	-2.17%	1.78%
Profit Margin	2.27%	1.67%	1.94%	1.84%	-1.85%	0.57%
Free Cash Flow Margin	-0.32%	-1.77%	2.23%	-3.88%	-1.81%	-2.44%
EBITDA	50,233	49,428	39,760	37,170	18,036	36,429
EBITDA Margin	7.05%	7.15%	6.51%	7.00%	4.05%	7.63%
D&A For EBITDA	28,654	28,861	28,637	28,793	27,692	27,919
EBIT	21,580	20,567	11,123	8,378	-9,656	8,510
EBIT Margin	3.03%	2.98%	1.82%	1.58%	-2.17%	1.78%
Effective Tax Rate	15.25%	19.35%	9.03%	20.56%	-	67.16%
Advertising Expenses	-	563.24	346.15	332.04	308.66	124.23

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