Korea Engineering Consultants Corp. (KRX: 023350)

Korea Engineering Consultants 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	419,159	376,919	283,703	268,252	288,230	218,943
Other Revenue	-0	-0	-0	-0	-	-
Revenue	419,159	376,919	283,703	268,252	288,230	218,943
Revenue Growth (YoY)	39.74%	32.86%	5.76%	-6.93%	31.65%	14.66%
Cost of Revenue	386,124	341,062	247,920	236,346	265,972	202,029
Gross Profit	33,035	35,858	35,782	31,906	22,258	16,915
Selling, General & Admin	27,123	27,986	25,357	20,537	14,315	15,205
Research & Development	2,238	1,292	1,210	988.2	1,298	1,570
Other Operating Expenses	565.77	711.71	1,066	1,146	710.3	581.97
Operating Expenses	30,455	31,865	30,356	24,756	17,668	18,530
Operating Income	2,580	3,992	5,426	7,150	4,590	-1,615
Interest Expense	-1,300	-1,317	-946.68	-804.67	-1,057	-1,561
Interest & Investment Income	1,776	1,510	784.02	334.43	329.13	474.69
Earnings From Equity Investments	104.93	240.51	-160.03	-175.32	-33.88	-205.82
Currency Exchange Gain (Loss)	39.55	74.32	440.87	325.16	-350.66	71.39
Other Non Operating Income (Expenses)	-724.29	-233.6	-358.77	-794	-842.16	263.71
EBT Excluding Unusual Items	2,476	4,267	5,185	6,035	2,635	-2,572
Gain (Loss) on Sale of Investments	9,369	9,091	1,972	8,929	6,641	4,101
Gain (Loss) on Sale of Assets	-6.23	-7.27	-0.79	82.22	23.04	2.32
Asset Writedown	-444.04	-444.61	-445.76	-445.76	-566.23	-3,418
Pretax Income	11,394	12,906	6,711	14,601	8,733	-1,887
Income Tax Expense	-525.96	-436.14	2,911	3,563	2,262	-615.9
Net Income	11,920	13,342	3,799	11,038	6,471	-1,271
Net Income to Common	11,920	13,342	3,799	11,038	6,471	-1,271
Net Income Growth	232.82%	251.17%	-65.58%	70.57%	-	-
Shares Outstanding (Basic)	10	10	10	10	11	11
Shares Outstanding (Diluted)	10	10	10	10	11	11
Shares Change (YoY)	0.02%	-0.05%	0.05%	-4.99%	-0.04%	0.02%
EPS (Basic)	1144.88	1282.39	365.00	1061.00	591.00	-116.00
EPS (Diluted)	1144.88	1282.39	365.00	1061.00	591.00	-116.00
EPS Growth	232.76%	251.34%	-65.60%	79.53%	-	-
Free Cash Flow	31,433	19,658	-3,877	14,261	33,155	24,641
Free Cash Flow Per Share	3019.04	1889.46	-372.49	1370.76	3027.90	2249.57
Gross Margin	7.88%	9.51%	12.61%	11.89%	7.72%	7.73%
Operating Margin	0.62%	1.06%	1.91%	2.67%	1.59%	-0.74%
Profit Margin	2.84%	3.54%	1.34%	4.11%	2.25%	-0.58%
Free Cash Flow Margin	7.50%	5.22%	-1.37%	5.32%	11.50%	11.25%
EBITDA	5,467	6,787	7,956	9,516	6,727	496.18
EBITDA Margin	1.30%	1.80%	2.80%	3.55%	2.33%	0.23%
D&A For EBITDA	2,888	2,795	2,530	2,367	2,137	2,112
EBIT	2,580	3,992	5,426	7,150	4,590	-1,615
EBIT Margin	0.62%	1.06%	1.91%	2.67%	1.59%	-0.74%
Effective Tax Rate	-	-	43.38%	24.40%	25.90%	-
Advertising Expenses	-	-	-	-	21.08	16.85

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