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 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	1,197,484	1,196,722	1,047,705	929,999	849,546	845,659
Other Revenue	-	-	-	-0	0	-0
Revenue	1,197,484	1,196,722	1,047,705	929,999	849,546	845,659
Revenue Growth (YoY)	2.47%	14.22%	12.66%	9.47%	0.46%	4.18%
Cost of Revenue	1,079,974	1,073,186	955,347	855,134	781,357	771,685
Gross Profit	117,510	123,536	92,358	74,865	68,189	73,974
Selling, General & Admin	67,029	58,499	47,602	30,384	26,030	28,185
Other Operating Expenses	1,900	2,122	2,190	1,657	1,440	1,447
Operating Expenses	76,603	66,764	58,166	35,170	29,438	32,859
Operating Income	40,907	56,772	34,192	39,695	38,751	41,114
Interest Expense	-7,747	-5,570	-4,242	-637.03	-205.1	-1,482
Interest & Investment Income	2,665	2,923	1,568	442.2	1,418	3,470
Currency Exchange Gain (Loss)	-190.03	538.73	-905.44	290.16	-26.61	471.49
Other Non Operating Income (Expenses)	-791.17	-644.05	7,179	-706.61	272.93	2,789
EBT Excluding Unusual Items	34,796	54,021	37,793	39,084	40,210	46,363
Gain (Loss) on Sale of Investments	90.21	18.69	-352.01	-103.31	-239	260.3
Gain (Loss) on Sale of Assets	-542.46	31.23	-1,146	5,528	-76.9	-862.85
Asset Writedown	-52.26	-52.26	-39.76	-188.62	-1,820	-
Pretax Income	34,292	54,018	36,255	44,319	38,074	45,761
Income Tax Expense	8,960	13,297	7,870	9,661	8,201	-7,240
Earnings From Continuing Operations	25,331	40,722	28,385	34,659	29,873	53,000
Minority Interest in Earnings	3,170	1,278	2,105	-	-	1,590
Net Income	28,501	42,000	30,490	34,659	29,873	54,590
Net Income to Common	28,501	42,000	30,490	34,659	29,873	54,590
Net Income Growth	-38.18%	37.75%	-12.03%	16.02%	-45.28%	107.43%
Shares Outstanding (Basic)	15	15	15	15	15	14
Shares Outstanding (Diluted)	15	15	15	15	15	14
Shares Change (YoY)	-	-	-	-	3.10%	22.93%
EPS (Basic)	1916.43	2824.06	2050.17	2330.43	2008.66	3784.48
EPS (Diluted)	1916.43	2824.06	2050.17	2330.43	2008.66	3784.48
EPS Growth	-38.18%	37.75%	-12.03%	16.02%	-46.92%	68.75%
Free Cash Flow	-13,722	31,220	-20,619	49,957	-79,543	90,570
Free Cash Flow Per Share	-922.64	2099.21	-1386.43	3359.12	-5348.46	6278.81
Dividend Per Share	1017.294	1017.294	712.106	712.106	712.106	712.106
Dividend Growth	42.86%	42.86%	0%	0%	0%	7.69%
Gross Margin	9.81%	10.32%	8.82%	8.05%	8.03%	8.75%
Operating Margin	3.42%	4.74%	3.26%	4.27%	4.56%	4.86%
Profit Margin	2.38%	3.51%	2.91%	3.73%	3.52%	6.46%
Free Cash Flow Margin	-1.15%	2.61%	-1.97%	5.37%	-9.36%	10.71%
EBITDA	97,807	104,783	79,774	81,332	76,398	78,629
EBITDA Margin	8.17%	8.76%	7.61%	8.75%	8.99%	9.30%
D&A For EBITDA	56,900	48,011	45,582	41,637	37,648	37,515
EBIT	40,907	56,772	34,192	39,695	38,751	41,114
EBIT Margin	3.42%	4.74%	3.26%	4.27%	4.56%	4.86%
Effective Tax Rate	26.13%	24.62%	21.71%	21.80%	21.54%	-
Advertising Expenses	-	1,666	2,343	2,193	197.62	220.22

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