Lotte Wellfood Co.,Ltd (KRX: 280360)

Lotte Wellfood Co.,Ltd 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	4,053,364	4,066,392	3,203,264	2,145,407	2,076,048	2,092,996
Other Revenue	-0	-0	-	-0	-	-
Revenue	4,053,364	4,066,392	3,203,264	2,145,407	2,076,048	2,092,996
Revenue Growth (YoY)	-1.45%	26.95%	49.31%	3.34%	-0.81%	23.52%
Cost of Revenue	2,857,098	2,962,543	2,312,041	1,425,152	1,369,117	1,404,540
Gross Profit	1,196,266	1,103,849	891,224	720,255	706,931	688,456
Selling, General & Admin	902,372	843,374	713,188	561,841	536,736	534,618
Other Operating Expenses	10,055	10,288	11,986	6,455	6,234	5,863
Operating Expenses	990,390	926,831	778,839	611,802	594,990	591,127
Operating Income	205,876	177,018	112,385	108,453	111,941	97,329
Interest Expense	-52,888	-48,441	-28,299	-20,023	-25,279	-24,362
Interest & Investment Income	22,383	18,942	8,737	5,972	7,405	6,915
Earnings From Equity Investments	2,025	-918.12	-1,554	-161.73	-3.7	-
Currency Exchange Gain (Loss)	23,642	-14,606	-13,012	-8,214	-903.6	989.66
Other Non Operating Income (Expenses)	-26,854	-8,778	-4,149	-3,048	-20,366	-2,089
EBT Excluding Unusual Items	174,185	123,217	74,107	82,978	72,794	78,782
Gain (Loss) on Sale of Investments	-11,647	-15,944	-856	-	-	11
Gain (Loss) on Sale of Assets	-7,735	20,897	-10,564	1,687	3,636	3,326
Asset Writedown	-18,521	-18,332	-11,180	-30,548	-20,484	-29,510
Pretax Income	136,282	109,838	51,507	54,117	55,946	52,609
Income Tax Expense	45,323	42,066	7,627	17,769	14,221	10,980
Earnings From Continuing Operations	90,959	67,771	43,880	36,349	41,726	41,629
Minority Interest in Earnings	3,596	2,763	3,155	-1,454	-739.87	-3,567
Net Income	94,555	70,535	47,035	34,894	40,986	38,062
Net Income to Common	94,555	70,535	47,035	34,894	40,986	38,062
Net Income Growth	38.01%	49.96%	34.79%	-14.86%	7.68%	306.54%
Shares Outstanding (Basic)	9	9	8	6	6	6
Shares Outstanding (Diluted)	9	9	8	6	6	6
Shares Change (YoY)	-0.04%	15.79%	19.08%	0.00%	-0.00%	50.13%
EPS (Basic)	10694.72	7977.89	6159.70	5441.92	6392.00	5935.93
EPS (Diluted)	10694.72	7977.89	6159.70	5441.92	6392.00	5935.93
EPS Growth	38.07%	29.52%	13.19%	-14.86%	7.68%	170.79%
Free Cash Flow	-15,095	128,418	-39,276	69,805	123,351	112,343
Free Cash Flow Per Share	-1707.34	14524.88	-5143.68	10886.33	19237.36	17520.40
Dividend Per Share	3000.000	3000.000	-	-	-	-
Gross Margin	29.51%	27.15%	27.82%	33.57%	34.05%	32.89%
Operating Margin	5.08%	4.35%	3.51%	5.06%	5.39%	4.65%
Profit Margin	2.33%	1.73%	1.47%	1.63%	1.97%	1.82%
Free Cash Flow Margin	-0.37%	3.16%	-1.23%	3.25%	5.94%	5.37%
EBITDA	411,803	367,693	266,015	226,713	235,457	221,911
EBITDA Margin	10.16%	9.04%	8.30%	10.57%	11.34%	10.60%
D&A For EBITDA	205,927	190,675	153,630	118,260	123,515	124,582
EBIT	205,876	177,018	112,385	108,453	111,941	97,329
EBIT Margin	5.08%	4.35%	3.51%	5.06%	5.39%	4.65%
Effective Tax Rate	33.26%	38.30%	14.81%	32.83%	25.42%	20.87%
Advertising Expenses	-	103,436	96,600	80,593	72,161	68,454

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