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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,160,571	2,092,893	1,750,408	1,502,034	1,221,072	1,274,274
Other Revenue	-	-	-0	-	0	0
Revenue	2,160,571	2,092,893	1,750,408	1,502,034	1,221,072	1,274,274
Revenue Growth (YoY)	8.85%	19.57%	16.54%	23.01%	-4.18%	2.83%
Cost of Revenue	1,232,010	1,245,399	987,132	835,057	636,498	759,853
Gross Profit	928,561	847,494	763,275	666,977	584,575	514,421
Selling, General & Admin	708,406	642,673	574,503	489,833	432,192	366,844
Other Operating Expenses	4,155	3,332	3,385	2,934	2,333	2,061
Operating Expenses	767,279	697,476	626,384	531,245	473,068	392,569
Operating Income	161,282	150,018	136,892	135,732	111,507	121,852
Interest Expense	-7,059	-5,614	-3,191	-3,020	-3,422	-1,793
Interest & Investment Income	21,562	22,296	10,933	4,996	6,276	12,487
Earnings From Equity Investments	27.38	803.98	1,094	914.86	1,408	1,360
Currency Exchange Gain (Loss)	-1,080	6,265	7,600	1,989	-2,232	296.45
Other Non Operating Income (Expenses)	9,183	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	68.88	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	164,381	161,241	142,922	123,964	117,735	128,065
Income Tax Expense	58,526	44,524	53,185	36,820	33,458	33,501
Earnings From Continuing Operations	105,855	116,717	89,737	87,144	84,277	94,565
Minority Interest in Earnings	-16,078	-14,955	-19,130	-21,254	-20,801	-20,938
Net Income	89,777	101,762	70,606	65,889	63,476	73,626
Net Income to Common	89,777	101,762	70,606	65,889	63,476	73,626
Net Income Growth	-16.39%	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)	2244.42	2544.06	1765.16	1647.24	1586.89	1840.65
EPS (Diluted)	2244.42	2544.06	1765.16	1647.24	1586.89	1840.65
EPS Growth	-16.39%	44.13%	7.16%	3.80%	-13.79%	-4.19%
Free Cash Flow	43,326	54,994	137,981	148,557	98,208	128,260
Free Cash Flow Per Share	1083.15	1374.86	3449.54	3713.92	2455.19	3206.51
Dividend Per Share	1175.000	1175.000	-	-	900.000	750.000
Dividend Growth	-	-	-	-	20.00%	0%
Gross Margin	42.98%	40.49%	43.61%	44.40%	47.87%	40.37%
Operating Margin	7.46%	7.17%	7.82%	9.04%	9.13%	9.56%
Profit Margin	4.16%	4.86%	4.03%	4.39%	5.20%	5.78%
Free Cash Flow Margin	2.01%	2.63%	7.88%	9.89%	8.04%	10.07%
EBITDA	218,244	201,772	185,022	174,745	149,213	145,202
EBITDA Margin	10.10%	9.64%	10.57%	11.63%	12.22%	11.39%
D&A For EBITDA	56,963	51,753	48,130	39,013	37,706	23,350
EBIT	161,282	150,018	136,892	135,732	111,507	121,852
EBIT Margin	7.46%	7.17%	7.82%	9.04%	9.13%	9.56%
Effective Tax Rate	35.60%	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.