PI Advanced Materials Co., Ltd. (KRX: 178920)

PI Advanced 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	249,569	217,639	276,440	301,869	261,789	223,682
Other Revenue	-	-0	-0	-0	-	0
Revenue	249,569	217,639	276,440	301,869	261,789	223,682
Revenue Growth (YoY)	14.96%	-21.27%	-8.42%	15.31%	17.04%	-8.88%
Cost of Revenue	188,689	192,438	196,997	197,876	177,170	166,487
Gross Profit	60,880	25,201	79,444	103,992	84,619	57,196
Selling, General & Admin	-	16,388	15,054	16,908	14,825	13,018
Research & Development	-	10,396	9,935	9,145	8,291	9,267
Other Operating Expenses	27,542	89.97	82.28	65.39	59.2	48.6
Operating Expenses	27,542	29,139	27,309	28,134	24,609	23,593
Operating Income	33,338	-3,938	52,135	75,858	60,009	33,602
Interest Expense	-4,374	-3,531	-704.21	-931.44	-1,341	-1,960
Interest & Investment Income	1,620	829.36	651.12	504.04	244.29	240.9
Currency Exchange Gain (Loss)	-	107.3	2,761	2,002	-1,581	271.67
Other Non Operating Income (Expenses)	-3,117	56.77	-320.44	6,964	-3,414	-10,420
EBT Excluding Unusual Items	27,467	-6,475	54,522	84,397	53,918	21,734
Gain (Loss) on Sale of Investments	-	-	-	-	-	1.15
Gain (Loss) on Sale of Assets	-	-172.15	-544.05	-1,083	-0.02	-571.34
Asset Writedown	-	-	-	-	-1,176	-
Pretax Income	27,467	-6,647	53,978	83,314	52,741	21,164
Income Tax Expense	6,207	-4,852	8,268	19,314	11,018	3,446
Net Income	21,260	-1,796	45,710	64,000	41,724	17,718
Net Income to Common	21,260	-1,796	45,710	64,000	41,724	17,718
Net Income Growth	261.45%	-	-28.58%	53.39%	135.49%	-49.35%
Shares Outstanding (Basic)	-	29	29	29	29	29
Shares Outstanding (Diluted)	-	29	29	29	29	29
Shares Change (YoY)	-	0.03%	-0.05%	0.03%	-0.07%	0.03%
EPS (Basic)	-	-61.15	1557.00	2179.00	1421.00	603.00
EPS (Diluted)	-	-61.15	1557.00	2179.00	1421.00	603.00
EPS Growth	-	-	-28.55%	53.34%	135.66%	-49.37%
Free Cash Flow	62,700	7,818	-90,356	55,857	72,044	14,180
Free Cash Flow Per Share	-	266.24	-3077.71	1901.76	2453.61	482.60
Gross Margin	24.39%	11.58%	28.74%	34.45%	32.32%	25.57%
Operating Margin	13.36%	-1.81%	18.86%	25.13%	22.92%	15.02%
Profit Margin	8.52%	-0.83%	16.54%	21.20%	15.94%	7.92%
Free Cash Flow Margin	25.12%	3.59%	-32.69%	18.50%	27.52%	6.34%
EBITDA	-	25,345	77,951	99,560	81,546	52,520
EBITDA Margin	-	11.65%	28.20%	32.98%	31.15%	23.48%
D&A For EBITDA	31,206	29,283	25,816	23,702	21,536	18,918
EBIT	33,338	-3,938	52,135	75,858	60,009	33,602
EBIT Margin	13.36%	-1.81%	18.86%	25.13%	22.92%	15.02%
Effective Tax Rate	22.60%	-	15.32%	23.18%	20.89%	16.28%
Advertising Expenses	-	110.97	85.2	36.39	74.77	310.79

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