Amorepacific Corporation (KRX: 090430)

Amorepacific 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	3,719,461	3,673,964	4,134,933	4,863,128	4,432,179	5,580,142
Other Revenue	-0	-0	-0	-	0	-
Revenue	3,719,461	3,673,964	4,134,933	4,863,128	4,432,179	5,580,142
Revenue Growth (YoY)	-3.03%	-11.15%	-14.97%	9.72%	-20.57%	5.73%
Cost of Revenue	1,105,105	1,155,065	1,337,512	1,362,639	1,265,398	1,500,516
Gross Profit	2,614,356	2,518,899	2,797,420	3,500,489	3,166,781	4,079,627
Selling, General & Admin	2,142,148	2,104,083	2,253,685	2,738,317	2,519,453	3,113,289
Research & Development	106,525	103,214	97,025	103,878	89,073	96,391
Other Operating Expenses	21,126	25,929	24,044	28,494	31,185	34,319
Operating Expenses	2,451,679	2,410,728	2,583,187	3,157,131	3,023,772	3,651,792
Operating Income	162,677	108,171	214,233	343,358	143,009	427,835
Interest Expense	-16,300	-16,300	-12,264	-11,410	-17,027	-19,977
Interest & Investment Income	11,941	11,941	8,904	6,047	6,466	12,914
Earnings From Equity Investments	-3,064	-3,064	-	-	-	-
Currency Exchange Gain (Loss)	6,409	6,409	14,936	26,584	-12,172	2,785
Other Non Operating Income (Expenses)	473,052	1,008	-14,024	-8,225	-39,281	24,006
EBT Excluding Unusual Items	634,715	108,165	211,785	356,354	80,995	447,563
Gain (Loss) on Sale of Investments	175,918	188,426	575.84	5,380	6,077	1,523
Gain (Loss) on Sale of Assets	18,203	18,203	10,158	-12,846	-2,215	-16,316
Asset Writedown	-34,161	-34,161	1,975	-51,010	-59,564	-62,168
Pretax Income	794,676	280,634	224,494	297,877	25,293	370,602
Income Tax Expense	108,574	106,755	95,230	117,020	3,424	146,841
Earnings From Continuing Operations	686,101	173,879	129,264	180,858	21,869	223,761
Minority Interest in Earnings	4,328	6,223	5,211	12,823	13,263	15,043
Net Income	690,429	180,102	134,475	193,681	35,132	238,804
Preferred Dividends & Other Adjustments	27,580	27,580	-	-	-	-
Net Income to Common	662,849	152,522	134,475	193,681	35,132	238,804
Net Income Growth	328.81%	33.93%	-30.57%	451.29%	-85.29%	-28.11%
Shares Outstanding (Basic)	69	69	69	69	69	69
Shares Outstanding (Diluted)	69	69	69	69	69	69
Shares Change (YoY)	-0.10%	0.04%	0.40%	0.32%	-0.19%	-0.50%
EPS (Basic)	9612.02	2210.06	1949.66	2820.15	512.87	3479.36
EPS (Diluted)	9612.02	2209.79	1948.00	2818.00	512.87	3479.36
EPS Growth	312.30%	13.44%	-30.87%	449.46%	-85.26%	-27.75%
Free Cash Flow	188,055	213,683	51,608	600,225	371,335	471,722
Free Cash Flow Per Share	2727.00	3095.91	748.02	8734.23	5420.86	6872.95
Dividend Per Share	910.000	910.000	680.000	980.000	800.000	1000.000
Dividend Growth	33.82%	33.82%	-30.61%	22.50%	-20.00%	-15.25%
Gross Margin	70.29%	68.56%	67.65%	71.98%	71.45%	73.11%
Operating Margin	4.37%	2.94%	5.18%	7.06%	3.23%	7.67%
Profit Margin	17.82%	4.15%	3.25%	3.98%	0.79%	4.28%
Free Cash Flow Margin	5.06%	5.82%	1.25%	12.34%	8.38%	8.45%
EBITDA	414,129	360,004	502,851	705,238	601,534	913,327
EBITDA Margin	11.13%	9.80%	12.16%	14.50%	13.57%	16.37%
D&A For EBITDA	251,452	251,833	288,618	361,880	458,525	485,492
EBIT	162,677	108,171	214,233	343,358	143,009	427,835
EBIT Margin	4.37%	2.94%	5.18%	7.06%	3.23%	7.67%
Effective Tax Rate	13.66%	38.04%	42.42%	39.28%	13.54%	39.62%
Advertising Expenses	-	542,462	502,436	604,950	510,936	652,241

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