Lotte Energy Materials Corporation (KRX: 020150)

Lotte Energy Materials 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	945,393	809,006	729,363	688,893	536,917	550,214
Other Revenue	-0	-0	-	-	-	-
Revenue	945,393	809,006	729,363	688,893	536,917	550,214
Revenue Growth (YoY)	25.94%	10.92%	5.87%	28.31%	-2.42%	9.60%
Cost of Revenue	897,137	739,598	599,780	576,235	450,521	472,815
Gross Profit	48,256	69,408	129,583	112,658	86,396	77,399
Selling, General & Admin	57,493	50,642	41,624	39,735	32,178	27,116
Other Operating Expenses	1,496	4,264	856.65	199.85	495.63	343.51
Operating Expenses	71,481	57,929	44,856	42,789	35,678	30,445
Operating Income	-23,226	11,479	84,728	69,869	50,718	46,954
Interest Expense	-13,115	-12,683	-14,488	-3,432	-2,502	-1,019
Interest & Investment Income	20,128	7,143	2,051	679.64	2,496	1,456
Earnings From Equity Investments	446.01	446.01	889.27	-	388.91	-
Currency Exchange Gain (Loss)	44,245	-9,363	20,599	7,353	-4,353	8,711
Other Non Operating Income (Expenses)	2,795	-2,233	-31,131	1,383	-2,314	-4,211
EBT Excluding Unusual Items	31,274	-5,211	62,648	75,853	44,434	51,891
Gain (Loss) on Sale of Investments	-6,181	-33,146	-1,977	3,497	660.08	2,436
Gain (Loss) on Sale of Assets	-2,900	274.91	-145.98	-655.87	141.93	752.79
Asset Writedown	-71.84	-71.84	-	-455.44	-	-
Other Unusual Items	-	775.89	-	-	-	-
Pretax Income	22,121	-37,378	60,525	78,238	45,236	55,079
Income Tax Expense	9,692	7,742	11,538	15,063	2,502	10,739
Earnings From Continuing Operations	12,429	-45,120	48,987	63,176	42,735	44,341
Earnings From Discontinued Operations	-	-	-	-	-	2,499
Net Income to Company	12,429	-45,120	48,987	63,176	42,735	46,839
Minority Interest in Earnings	-5,753	12,576	-5,160	-401	-	-
Net Income	6,676	-32,544	43,827	62,775	42,735	46,839
Net Income to Common	6,676	-32,544	43,827	62,775	42,735	46,839
Net Income Growth	-	-	-30.18%	46.89%	-8.76%	13.38%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46	46
Shares Change (YoY)	-	-	-0.17%	0.17%	-	0.11%
EPS (Basic)	144.79	-705.78	950.47	1361.39	926.78	1015.80
EPS (Diluted)	144.79	-706.00	950.00	1329.60	926.78	1015.80
EPS Growth	-	-	-28.55%	43.47%	-8.76%	13.26%
Free Cash Flow	-52,645	-308,690	-258,945	-178,774	-67,078	-83,781
Free Cash Flow Per Share	-1141.70	-6694.51	-5615.71	-3870.58	-1454.72	-1816.95
Dividend Per Share	200.000	200.000	-	-	-	50.000
Gross Margin	5.10%	8.58%	17.77%	16.35%	16.09%	14.07%
Operating Margin	-2.46%	1.42%	11.62%	10.14%	9.45%	8.53%
Profit Margin	0.71%	-4.02%	6.01%	9.11%	7.96%	8.51%
Free Cash Flow Margin	-5.57%	-38.16%	-35.50%	-25.95%	-12.49%	-15.23%
EBITDA	59,914	88,443	137,381	112,735	84,959	81,648
EBITDA Margin	6.34%	10.93%	18.84%	16.36%	15.82%	14.84%
D&A For EBITDA	83,140	76,964	52,654	42,866	34,241	34,694
EBIT	-23,226	11,479	84,728	69,869	50,718	46,954
EBIT Margin	-2.46%	1.42%	11.62%	10.14%	9.45%	8.53%
Effective Tax Rate	43.81%	-	19.06%	19.25%	5.53%	19.50%
Advertising Expenses	-	801.02	76.09	60.69	69.51	32.71

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