LOTTE INNOVATE Co.,Ltd (KRX:286940)

LOTTE INNOVATE Co.,Ltd Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,172,329	1,180,372	1,196,722	1,047,705	929,999	849,546
Other Revenue	0	-	-	-	-0	0
Revenue	1,172,329	1,180,372	1,196,722	1,047,705	929,999	849,546
Revenue Growth (YoY)	-2.10%	-1.37%	14.22%	12.66%	9.47%	0.46%
Cost of Revenue	1,073,487	1,076,001	1,073,186	955,347	855,134	781,357
Gross Profit	98,842	104,371	123,536	92,358	74,865	68,189
Selling, General & Admin	63,565	68,280	58,499	47,602	30,384	26,030
Amortization of Goodwill & Intangibles	3,052	3,128	3,030	2,996	780.68	389.72
Other Operating Expenses	2,241	1,941	2,122	2,190	1,657	1,440
Operating Expenses	74,542	78,613	66,764	58,166	35,170	29,438
Operating Income	24,300	25,758	56,772	34,192	39,695	38,751
Interest Expense	-9,475	-8,588	-5,570	-4,242	-637.03	-205.1
Interest & Investment Income	3,421	2,668	2,923	1,568	442.2	1,418
Earnings From Equity Investments	-	-47.53	-	-	-	-
Currency Exchange Gain (Loss)	135.86	1,447	538.73	-905.44	290.16	-26.61
Other Non Operating Income (Expenses)	-2,524	-2,697	-644.05	7,179	-706.61	272.93
EBT Excluding Unusual Items	15,859	18,542	54,021	37,793	39,084	40,210
Impairment of Goodwill	-1,265	-1,265	-	-	-	-
Gain (Loss) on Sale of Investments	-557.39	-162.26	18.69	-352.01	-103.31	-239
Gain (Loss) on Sale of Assets	428.66	-400.41	31.23	-1,146	5,528	-76.9
Asset Writedown	-1.82	-1.82	-52.26	-39.76	-188.62	-1,820
Pretax Income	14,464	16,713	54,018	36,255	44,319	38,074
Income Tax Expense	8,659	9,482	13,297	7,870	9,661	8,201
Earnings From Continuing Operations	5,805	7,231	40,722	28,385	34,659	29,873
Minority Interest in Earnings	4,857	5,618	1,278	2,105	-	-
Net Income	10,663	12,848	42,000	30,490	34,659	29,873
Net Income to Common	10,663	12,848	42,000	30,490	34,659	29,873
Net Income Growth	-62.59%	-69.41%	37.75%	-12.03%	16.02%	-45.28%
Shares Outstanding (Basic)	15	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15	15
Shares Change (YoY)	0.06%	-	-	-	-	3.10%
EPS (Basic)	704.46	849.22	2776.05	2015.31	2290.81	1974.51
EPS (Diluted)	704.46	849.22	2776.05	2015.31	2290.81	1974.51
EPS Growth	-62.61%	-69.41%	37.75%	-12.03%	16.02%	-46.92%
Free Cash Flow	80,841	-12,156	31,220	-20,619	49,957	-79,543
Free Cash Flow Per Share	5340.86	-803.49	2063.53	-1362.86	3302.02	-5257.53
Dividend Per Share	700.000	700.000	1000.000	700.000	700.000	700.000
Dividend Growth	-30.00%	-30.00%	42.86%	-	-	-
Gross Margin	8.43%	8.84%	10.32%	8.82%	8.05%	8.03%
Operating Margin	2.07%	2.18%	4.74%	3.26%	4.27%	4.56%
Profit Margin	0.91%	1.09%	3.51%	2.91%	3.73%	3.52%
Free Cash Flow Margin	6.90%	-1.03%	2.61%	-1.97%	5.37%	-9.36%
EBITDA	89,360	85,744	104,783	79,774	81,332	76,398
EBITDA Margin	7.62%	7.26%	8.76%	7.61%	8.74%	8.99%
D&A For EBITDA	65,060	59,985	48,011	45,582	41,637	37,648
EBIT	24,300	25,758	56,772	34,192	39,695	38,751
EBIT Margin	2.07%	2.18%	4.74%	3.26%	4.27%	4.56%
Effective Tax Rate	59.86%	56.74%	24.62%	21.71%	21.80%	21.54%
Advertising Expenses	-	2,498	1,666	2,343	2,193	197.62

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.