Innocean Worldwide Inc. (KRX: 214320)

Innocean Worldwide 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	2,146,029	2,092,893	1,750,408	1,502,034	1,221,072	1,274,274
Other Revenue	-	-	-0	-	0	0
Revenue	2,146,029	2,092,893	1,750,408	1,502,034	1,221,072	1,274,274
Revenue Growth (YoY)	9.81%	19.57%	16.54%	23.01%	-4.18%	2.83%
Cost of Revenue	1,243,817	1,245,399	987,132	835,057	636,498	759,853
Gross Profit	902,212	847,494	763,275	666,977	584,575	514,421
Selling, General & Admin	689,441	642,673	574,503	489,833	432,192	366,844
Other Operating Expenses	3,697	3,332	3,385	2,934	2,333	2,061
Operating Expenses	745,990	697,476	626,384	531,245	473,068	392,569
Operating Income	156,222	150,018	136,892	135,732	111,507	121,852
Interest Expense	-7,008	-5,614	-3,191	-3,020	-3,422	-1,793
Interest & Investment Income	22,009	22,296	10,933	4,996	6,276	12,487
Earnings From Equity Investments	93.17	803.98	1,094	914.86	1,408	1,360
Currency Exchange Gain (Loss)	2,498	6,265	7,600	1,989	-2,232	296.45
Other Non Operating Income (Expenses)	10,101	6,717	7,932	-2,757	7,702	-5,474
EBT Excluding Unusual Items	183,915	180,486	161,259	137,855	121,240	128,729
Gain (Loss) on Sale of Investments	-147	-147	-127.66	-	-327.15	-
Gain (Loss) on Sale of Assets	357.2	356.71	71.66	30.67	181.42	33.63
Asset Writedown	-19,455	-19,455	-18,281	-13,922	-3,360	-697.2
Pretax Income	164,670	161,241	142,922	123,964	117,735	128,065
Income Tax Expense	48,238	44,524	53,185	36,820	33,458	33,501
Earnings From Continuing Operations	116,432	116,717	89,737	87,144	84,277	94,565
Minority Interest in Earnings	-14,637	-14,955	-19,130	-21,254	-20,801	-20,938
Net Income	101,795	101,762	70,606	65,889	63,476	73,626
Net Income to Common	101,795	101,762	70,606	65,889	63,476	73,626
Net Income Growth	3.23%	44.13%	7.16%	3.80%	-13.79%	-4.19%
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
EPS (Basic)	2544.88	2544.06	1765.16	1647.24	1586.89	1840.65
EPS (Diluted)	2544.88	2544.06	1765.16	1647.24	1586.89	1840.65
EPS Growth	3.23%	44.13%	7.16%	3.80%	-13.79%	-4.19%
Free Cash Flow	-52,108	54,994	137,981	148,557	98,208	128,260
Free Cash Flow Per Share	-1302.69	1374.86	3449.54	3713.92	2455.19	3206.51
Dividend Per Share	1175.000	1175.000	-	-	900.000	750.000
Dividend Growth	422.22%	-	-	-	20.00%	0%
Gross Margin	42.04%	40.49%	43.61%	44.40%	47.87%	40.37%
Operating Margin	7.28%	7.17%	7.82%	9.04%	9.13%	9.56%
Profit Margin	4.74%	4.86%	4.03%	4.39%	5.20%	5.78%
Free Cash Flow Margin	-2.43%	2.63%	7.88%	9.89%	8.04%	10.07%
EBITDA	210,596	201,772	185,022	174,745	149,213	145,202
EBITDA Margin	9.81%	9.64%	10.57%	11.63%	12.22%	11.39%
D&A For EBITDA	54,374	51,753	48,130	39,013	37,706	23,350
EBIT	156,222	150,018	136,892	135,732	111,507	121,852
EBIT Margin	7.28%	7.17%	7.82%	9.04%	9.13%	9.56%
Effective Tax Rate	29.29%	27.61%	37.21%	29.70%	28.42%	26.16%
Advertising Expenses	-	2,905	3,249	2,381	2,345	1,991

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