LG Uplus Corp. (KRX: 032640)

LG Uplus 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
Revenue	14,472,614	14,372,626	13,905,990	13,851,135	13,417,627	12,381,969
Revenue Growth (YoY)	2.77%	3.36%	0.40%	3.23%	8.36%	5.60%
Cost of Revenue	3,069,493	3,054,474	2,821,721	3,021,821	3,122,407	3,437,694
Gross Profit	11,403,121	11,318,152	11,084,269	10,829,314	10,295,220	8,944,275
Selling, General & Admin	7,681,506	7,607,627	7,443,831	7,312,034	6,937,416	6,052,543
Other Operating Expenses	37,564	37,564	28,988	25,680	44,004	86,352
Operating Expenses	10,478,402	10,320,121	10,003,009	9,850,300	9,409,069	8,258,031
Operating Income	924,719	998,031	1,081,260	979,014	886,151	686,244
Interest Expense	-266,875	-242,592	-180,576	-153,152	-149,250	-111,182
Interest & Investment Income	61,052	57,787	51,965	55,181	51,457	41,637
Earnings From Equity Investments	-2,417	-2,105	3,215	-807	616	6,308
Currency Exchange Gain (Loss)	-1,095	-1,095	-1,365	-138	-1,616	-496
Other Non Operating Income (Expenses)	16,937	10,080	17,250	77,079	20,816	13,556
EBT Excluding Unusual Items	732,321	820,106	971,749	957,177	808,174	636,067
Gain (Loss) on Sale of Investments	-	-	-	-24	416	-2,002
Gain (Loss) on Sale of Assets	-24,213	-24,213	-40,715	-25,008	-35,897	-26,493
Asset Writedown	-24,946	-24,946	-74,222	-26,952	-399,346	-33,632
Pretax Income	683,162	770,947	856,812	905,193	373,347	573,940
Income Tax Expense	126,305	140,706	194,224	180,975	120,787	133,029
Earnings From Continuing Operations	556,857	630,241	662,588	724,218	252,560	440,911
Earnings From Discontinued Operations	-	-	-	-	225,505	-2,080
Net Income to Company	556,857	630,241	662,588	724,218	478,065	438,831
Minority Interest in Earnings	-4,229	-7,468	467	-11,883	-11,301	24
Net Income	552,628	622,773	663,055	712,335	466,764	438,855
Net Income to Common	552,628	622,773	663,055	712,335	466,764	438,855
Net Income Growth	-20.62%	-6.08%	-6.92%	52.61%	6.36%	-8.88%
Shares Outstanding (Basic)	430	430	430	434	437	437
Shares Outstanding (Diluted)	430	430	430	434	437	437
Shares Change (YoY)	-0.12%	-	-0.94%	-0.62%	-	-
EPS (Basic)	1286.40	1448.89	1542.60	1641.63	1069.06	1005.14
EPS (Diluted)	1286.40	1448.89	1542.60	1641.63	1069.06	1005.14
EPS Growth	-20.53%	-6.08%	-6.03%	53.56%	6.36%	-8.88%
Free Cash Flow	813,019	439,291	1,216,622	1,153,301	-154,892	-73,914
Free Cash Flow Per Share	1892.53	1022.01	2830.48	2657.87	-354.76	-169.29
Dividend Per Share	650.000	650.000	650.000	550.000	450.000	400.000
Dividend Growth	-27.78%	0%	18.18%	22.22%	12.50%	0%
Gross Margin	78.79%	78.75%	79.71%	78.18%	76.73%	72.24%
Operating Margin	6.39%	6.94%	7.78%	7.07%	6.60%	5.54%
Profit Margin	3.82%	4.33%	4.77%	5.14%	3.48%	3.54%
Free Cash Flow Margin	5.62%	3.06%	8.75%	8.33%	-1.15%	-0.60%
EBITDA	3,580,357	3,569,267	3,532,441	3,420,150	3,256,628	2,753,809
EBITDA Margin	24.74%	24.83%	25.40%	24.69%	24.27%	22.24%
D&A For EBITDA	2,655,638	2,571,236	2,451,181	2,441,136	2,370,477	2,067,565
EBIT	924,719	998,031	1,081,260	979,014	886,151	686,244
EBIT Margin	6.39%	6.94%	7.78%	7.07%	6.60%	5.54%
Effective Tax Rate	18.49%	18.25%	22.67%	19.99%	32.35%	23.18%
Advertising Expenses	-	220,671	208,096	244,356	236,839	291,523

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