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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	713,799	690,906	610,506	531,332	445,770	477,535
Other Revenue	-0	-0	-	-0	-	0
Revenue	713,799	690,906	610,506	531,332	445,770	477,535
Revenue Growth (YoY)	4.68%	13.17%	14.90%	19.19%	-6.65%	4.45%
Cost of Revenue	605,142	587,825	525,454	459,073	394,514	415,339
Gross Profit	108,657	103,081	85,052	72,259	51,256	62,196
Selling, General & Admin	69,283	63,631	58,383	49,330	49,554	41,830
Research & Development	17,880	14,495	10,376	9,115	6,611	7,448
Other Operating Expenses	1,865	1,606	1,633	1,292	1,097	1,028
Operating Expenses	91,780	82,515	73,929	63,882	60,912	53,687
Operating Income	16,877	20,567	11,123	8,378	-9,656	8,510
Interest Expense	-9,442	-9,385	-5,282	-3,271	-3,601	-4,480
Interest & Investment Income	1,004	687	764.52	505.12	374.77	432.4
Earnings From Equity Investments	627.54	-191.62	-1,308	907.92	1,147	-785.8
Currency Exchange Gain (Loss)	639.58	-789.75	3,269	690.22	1,978	-32.78
Other Non Operating Income (Expenses)	2,991	3,379	6,034	5,169	-910.8	3,122
EBT Excluding Unusual Items	12,697	14,266	14,600	12,379	-10,667	6,765
Gain (Loss) on Sale of Investments	36.06	106.76	139.39	131.6	172.32	135.38
Gain (Loss) on Sale of Assets	-808.46	-559.02	-1,382	-76.49	-1,075	184.35
Asset Writedown	427.5	-405.85	-66.77	784.84	-120.84	-1,631
Pretax Income	12,352	13,408	13,290	13,219	-11,691	5,454
Income Tax Expense	1,403	2,595	1,201	2,718	-3,724	3,663
Earnings From Continuing Operations	10,949	10,813	12,090	10,501	-7,967	1,791
Minority Interest in Earnings	-97.96	711.44	-244.97	-746.84	-280.86	944.32
Net Income	10,851	11,525	11,845	9,754	-8,247	2,735
Net Income to Common	10,851	11,525	11,845	9,754	-8,247	2,735
Net Income Growth	56.24%	-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)	568.93	604.27	621.05	511.41	-432.43	143.42
EPS (Diluted)	568.93	604.27	621.05	511.41	-432.43	143.42
EPS Growth	56.24%	-2.70%	21.44%	-	-	2002.48%
Free Cash Flow	1,626	-12,218	13,633	-20,639	-8,085	-11,659
Free Cash Flow Per Share	85.27	-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	15.22%	14.92%	13.93%	13.60%	11.50%	13.02%
Operating Margin	2.36%	2.98%	1.82%	1.58%	-2.17%	1.78%
Profit Margin	1.52%	1.67%	1.94%	1.84%	-1.85%	0.57%
Free Cash Flow Margin	0.23%	-1.77%	2.23%	-3.88%	-1.81%	-2.44%
EBITDA	45,582	49,428	39,760	37,170	18,036	36,429
EBITDA Margin	6.39%	7.15%	6.51%	7.00%	4.05%	7.63%
D&A For EBITDA	28,704	28,861	28,637	28,793	27,692	27,919
EBIT	16,877	20,567	11,123	8,378	-9,656	8,510
EBIT Margin	2.36%	2.98%	1.82%	1.58%	-2.17%	1.78%
Effective Tax Rate	11.36%	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.