SK Telecom Co., Ltd. (KRX: 017670)

SK Telecom 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	17,956,379	17,608,511	17,304,973	16,748,585	16,087,747	17,740,716
Revenue	17,956,379	17,608,511	17,304,973	16,748,585	16,087,747	17,740,716
Revenue Growth (YoY)	2.75%	1.75%	3.32%	4.11%	-9.32%	5.14%
Cost of Revenue	4,962,822	4,865,025	4,868,794	4,643,376	4,384,585	5,767,127
Gross Profit	12,993,557	12,743,486	12,436,179	12,105,209	11,703,162	11,973,589
Selling, General & Admin	6,305,369	6,203,501	6,183,361	6,110,074	5,840,242	5,854,837
Research & Development	36,844	-	-	-	-	-
Other Operating Expenses	1,204,936	1,172,015	1,019,423	935,418	949,677	1,153,913
Operating Expenses	11,125,367	10,990,282	10,824,109	10,718,047	10,454,584	10,865,412
Operating Income	1,868,190	1,753,204	1,612,070	1,387,162	1,248,578	1,108,177
Interest Expense	-404,881	-389,813	-328,307	-279,737	-288,972	-406,087
Interest & Investment Income	116,767	113,069	61,024	48,747	38,200	73,590
Earnings From Equity Investments	29,176	10,928	-81,707	446,300	52,456	449,543
Currency Exchange Gain (Loss)	-2,047	-2,656	79	-542	-3,109	-1,234
Other Non Operating Income (Expenses)	34,292	1,287	-4,217	108,418	36,688	-25,678
EBT Excluding Unusual Items	1,641,497	1,486,019	1,258,942	1,710,348	1,083,841	1,198,311
Impairment of Goodwill	-	-	-	-	-519	-
Gain (Loss) on Sale of Investments	-135,052	-	-1,283	-	-98	-1,670
Gain (Loss) on Sale of Assets	4,445	12,529	-4,480	10,978	21,447	30,295
Asset Writedown	-9,859	-10,369	-17,027	-3,135	-200,186	-65,935
Other Unusual Items	-	-	-	-	733	-
Pretax Income	1,501,031	1,488,179	1,236,152	1,718,191	905,218	1,161,001
Income Tax Expense	321,299	342,242	288,321	446,796	221,262	300,268
Earnings From Continuing Operations	1,179,732	1,145,937	947,831	1,271,395	683,956	860,733
Earnings From Discontinued Operations	-	-	-	1,147,594	816,582	-
Net Income to Company	1,179,732	1,145,937	947,831	2,418,989	1,500,538	860,733
Minority Interest in Earnings	-44,436	-52,326	-35,431	-11,466	3,814	27,965
Net Income	1,135,296	1,093,611	912,400	2,407,523	1,504,352	888,698
Preferred Dividends & Other Adjustments	19,800	17,283	14,766	14,766	14,766	14,766
Net Income to Common	1,115,496	1,076,328	897,634	2,392,757	1,489,586	873,932
Net Income Growth	0.44%	19.86%	-62.10%	60.04%	69.28%	-71.59%
Shares Outstanding (Basic)	213	217	218	218	221	219
Shares Outstanding (Diluted)	214	217	218	218	221	219
Shares Change (YoY)	-1.99%	-0.30%	0.24%	-1.59%	1.03%	2.04%
EPS (Basic)	5230.02	4954.00	4117.69	10997.03	6738.19	3993.38
EPS (Diluted)	5215.64	4950.00	4116.00	10997.03	6737.33	3993.33
EPS Growth	2.10%	20.26%	-62.57%	63.23%	68.71%	-72.48%
Free Cash Flow	2,525,310	1,973,323	2,251,030	2,115,428	2,264,076	659,101
Free Cash Flow Per Share	11808.48	9074.72	10320.68	9722.43	10239.80	3011.72
Dividend Per Share	6030.000	3540.000	3320.000	3306.463	3292.926	3292.926
Dividend Growth	81.63%	6.63%	0.41%	0.41%	0%	0%
Gross Margin	72.36%	72.37%	71.86%	72.28%	72.75%	67.49%
Operating Margin	10.40%	9.96%	9.32%	8.28%	7.76%	6.25%
Profit Margin	6.21%	6.11%	5.19%	14.29%	9.26%	4.93%
Free Cash Flow Margin	14.06%	11.21%	13.01%	12.63%	14.07%	3.72%
EBITDA	5,167,985	5,091,494	4,961,419	5,064,376	4,977,699	4,675,017
EBITDA Margin	28.78%	28.91%	28.67%	30.24%	30.94%	26.35%
D&A For EBITDA	3,299,795	3,338,290	3,349,349	3,677,214	3,729,121	3,566,840
EBIT	1,868,190	1,753,204	1,612,070	1,387,162	1,248,578	1,108,177
EBIT Margin	10.40%	9.96%	9.32%	8.28%	7.76%	6.25%
Effective Tax Rate	21.41%	23.00%	23.32%	26.00%	24.44%	25.86%
Advertising Expenses	-	235,769	252,402	233,401	272,091	434,561

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