Solus Advanced Materials Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	509,499	429,422	418,286	380,331	290,163	279,979
Other Revenue	-0	-0	-	-	-	-0
Revenue	509,499	429,422	418,286	380,331	290,163	279,979
Revenue Growth (YoY)	20.68%	2.66%	9.98%	31.07%	3.64%	-
Cost of Revenue	467,742	412,184	386,014	302,785	193,426	185,583
Gross Profit	41,757	17,238	32,271	77,545	96,737	94,396
Selling, General & Admin	72,213	68,782	61,719	56,426	47,669	45,823
Research & Development	7,312	7,531	9,039	6,164	7,857	2,268
Other Operating Expenses	2,143	1,990	2,153	1,216	932	372
Operating Expenses	94,842	90,446	81,945	72,541	66,352	53,679
Operating Income	-53,084	-73,208	-49,674	5,004	30,386	40,717
Interest Expense	-24,980	-24,600	-8,700	-4,751	-6,262	-3,620
Interest & Investment Income	8,206	8,258	2,387	225	421	816
Currency Exchange Gain (Loss)	-10,503	-953.79	16,686	9,583	-23,320	-13,703
Other Non Operating Income (Expenses)	-4,847	-5,174	-1,545	-5,036	-2,231	3,192
EBT Excluding Unusual Items	-85,208	-95,677	-40,846	5,025	-1,006	27,401
Gain (Loss) on Sale of Assets	-26,312	284,094	1	-2	-75	-
Asset Writedown	-	-	-	-1,453	-1,196	-
Pretax Income	-111,520	188,417	-40,845	3,570	-2,277	27,401
Income Tax Expense	-13,222	62,550	6,911	872.92	8,761	9,428
Earnings From Continuing Operations	-98,298	125,867	-47,755	2,697	-11,038	17,974
Earnings From Discontinued Operations	105.22	904.33	543.63	-2,542	-	-
Net Income to Company	-98,192	126,772	-47,212	154.87	-11,038	17,974
Minority Interest in Earnings	62,784	60,737	35,868	11,719	-	-
Net Income	-35,409	187,509	-11,344	11,874	-11,038	17,974
Preferred Dividends & Other Adjustments	3,305	7,793	-464.23	496.67	-459.08	746.93
Net Income to Common	-38,714	179,716	-10,880	11,378	-10,579	17,227
Shares Outstanding (Basic)	87	87	88	76	76	76
Shares Outstanding (Diluted)	87	87	88	76	76	76
Shares Change (YoY)	-7.98%	-1.23%	16.21%	-	0.16%	-
EPS (Basic)	-444.38	2062.87	-123.34	149.90	-139.39	227.33
EPS (Diluted)	-444.38	2062.87	-123.34	149.90	-139.39	227.33
Free Cash Flow	-327,273	-227,088	-440,058	-274,010	-202,692	-224,308
Free Cash Flow Per Share	-3756.61	-2606.63	-4989.08	-3610.20	-2670.55	-2960.04
Dividend Per Share	50.000	50.000	50.000	50.000	5.000	-
Dividend Growth	0%	0%	0%	900.00%	-	-
Gross Margin	8.20%	4.01%	7.72%	20.39%	33.34%	33.72%
Operating Margin	-10.42%	-17.05%	-11.88%	1.32%	10.47%	14.54%
Profit Margin	-7.60%	41.85%	-2.60%	2.99%	-3.65%	6.15%
Free Cash Flow Margin	-64.23%	-52.88%	-105.21%	-72.05%	-69.85%	-80.12%
EBITDA	10,466	-8,478	-1,887	40,567	50,209	55,092
EBITDA Margin	2.05%	-1.97%	-0.45%	10.67%	17.30%	19.68%
D&A For EBITDA	63,550	64,730	47,787	35,563	19,823	14,375
EBIT	-53,084	-73,208	-49,674	5,004	30,386	40,717
EBIT Margin	-10.42%	-17.05%	-11.88%	1.32%	10.47%	14.54%
Effective Tax Rate	-	33.20%	-	24.45%	-	34.41%
Advertising Expenses	-	1,036	68	168	1,068	-

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