Cosmax, Inc. (KRX: 192820)

Cosmax 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	1,973,223	1,777,494	1,600,126	1,591,488	1,382,881	1,330,653
Other Revenue	-0	-0	-	-	-0	-
Revenue	1,973,223	1,777,494	1,600,126	1,591,488	1,382,881	1,330,653
Revenue Growth (YoY)	17.47%	11.08%	0.54%	15.08%	3.92%	5.63%
Cost of Revenue	1,606,189	1,484,492	1,395,643	1,315,918	1,174,540	1,149,194
Gross Profit	367,035	293,002	204,482	275,570	208,341	181,459
Selling, General & Admin	169,212	144,625	129,156	123,820	117,856	101,735
Research & Development	43.7	43.7	-	-	-	0.91
Other Operating Expenses	1,500	1,440	3,790	3,729	3,214	2,895
Operating Expenses	220,374	178,258	152,523	155,640	143,813	127,464
Operating Income	146,661	114,744	51,959	119,929	64,527	53,995
Interest Expense	-39,960	-32,115	-20,970	-17,507	-20,045	-22,640
Interest & Investment Income	6,817	6,552	2,482	3,966	1,341	730.97
Earnings From Equity Investments	-1,293	-1,872	14.21	-37.3	-125.85	-57.15
Currency Exchange Gain (Loss)	16,537	-1,084	-916.82	4,320	-2,827	2,774
Other Non Operating Income (Expenses)	-5,312	-3,909	237.25	-13,825	1,955	1,409
EBT Excluding Unusual Items	123,450	82,315	32,806	96,845	44,826	36,212
Gain (Loss) on Sale of Investments	993.3	712.42	1,620	-44.35	-4.58	-1.54
Gain (Loss) on Sale of Assets	-715.44	1,364	-451.61	-2,801	-173.11	-253.07
Asset Writedown	-1,177	-169.99	-27,805	-15,730	-44,535	-30.31
Pretax Income	122,551	84,221	6,170	78,270	113.35	35,927
Income Tax Expense	57,939	46,421	22,617	43,934	29,167	17,607
Earnings From Continuing Operations	64,612	37,800	-16,447	34,336	-29,053	18,320
Minority Interest in Earnings	8,250	19,337	37,295	40,099	50,432	13,503
Net Income	72,862	57,137	20,848	74,436	21,378	31,823
Net Income to Common	72,862	57,137	20,848	74,436	21,378	31,823
Net Income Growth	133.34%	174.07%	-71.99%	248.18%	-32.82%	-2.45%
Shares Outstanding (Basic)	11	11	11	11	10	10
Shares Outstanding (Diluted)	11	11	11	11	10	10
Shares Change (YoY)	-	-	5.85%	6.71%	-0.01%	-
EPS (Basic)	6422.05	5036.04	1837.50	6944.38	2128.19	3167.73
EPS (Diluted)	6422.05	5036.04	1837.50	6944.38	2128.19	3167.73
EPS Growth	133.34%	174.07%	-73.54%	226.30%	-32.82%	-2.45%
Free Cash Flow	76,246	144,737	18,366	59,293	-17,499	-30,248
Free Cash Flow Per Share	6720.25	12757.07	1618.74	5531.71	-1742.05	-3010.99
Dividend Per Share	500.000	500.000	-	550.000	-	900.000
Dividend Growth	-	-	-	-	-	50.00%
Gross Margin	18.60%	16.48%	12.78%	17.32%	15.07%	13.64%
Operating Margin	7.43%	6.46%	3.25%	7.54%	4.67%	4.06%
Profit Margin	3.69%	3.21%	1.30%	4.68%	1.55%	2.39%
Free Cash Flow Margin	3.86%	8.14%	1.15%	3.73%	-1.27%	-2.27%
EBITDA	210,449	174,177	110,768	171,731	110,347	91,988
EBITDA Margin	10.67%	9.80%	6.92%	10.79%	7.98%	6.91%
D&A For EBITDA	63,788	59,434	58,809	51,802	45,820	37,993
EBIT	146,661	114,744	51,959	119,929	64,527	53,995
EBIT Margin	7.43%	6.46%	3.25%	7.54%	4.67%	4.06%
Effective Tax Rate	47.28%	55.12%	366.57%	56.13%	25732.66%	49.01%
Advertising Expenses	-	3,247	2,047	1,389	3,340	2,797

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