HYBE Co., Ltd. (KRX:352820)

HYBE 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,395,344	2,255,649	2,178,088	1,776,154	1,255,926	796,283
Revenue Growth (YoY)	12.54%	3.56%	22.63%	41.42%	57.72%	35.60%
Cost of Revenue	1,394,562	1,295,840	1,169,079	933,515	632,927	421,538
Gross Profit	1,000,782	959,808	1,009,009	842,639	622,999	374,745
Selling, General & Admin	646,648	618,189	583,626	494,405	354,591	193,166
Research & Development	5,270	5,122	4,540	4,971	2,774	1,654
Other Operating Expenses	30,658	30,111	21,326	16,851	10,343	6,676
Operating Expenses	809,366	775,745	713,540	605,515	433,358	229,103
Operating Income	191,416	184,063	295,469	237,124	189,641	145,642
Interest Expense	-50,133	-49,313	-47,018	-34,614	-13,235	-3,887
Interest & Investment Income	47,473	47,759	48,337	42,690	9,327	2,058
Earnings From Equity Investments	-35,738	-32,238	98,814	-18,332	15,938	-1,606
Currency Exchange Gain (Loss)	12,055	37,600	11,021	4,576	2,710	-12,404
Other Non Operating Income (Expenses)	-11,854	-29,922	-19,340	-20,101	776.96	-3,152
EBT Excluding Unusual Items	153,220	157,949	387,283	211,343	205,157	126,652
Gain (Loss) on Sale of Investments	23,290	-41,032	-40,389	-30,186	6,054	244.77
Gain (Loss) on Sale of Assets	-6,770	-6,436	-1,198	10,906	-727.18	-650.34
Asset Writedown	-89,746	-89,746	-95,563	-95,578	-	-
Other Unusual Items	-1,309	-1,309	-	-	-	-
Pretax Income	78,684	19,425	250,133	96,485	210,484	126,247
Income Tax Expense	38,824	22,857	66,684	48,453	69,649	39,185
Earnings From Continuing Operations	39,860	-3,432	183,450	48,032	140,835	87,061
Minority Interest in Earnings	12,460	12,812	3,804	4,289	-4,033	-1,340
Net Income	52,320	9,380	187,253	52,321	136,801	85,721
Net Income to Common	52,320	9,380	187,253	52,321	136,801	85,721
Net Income Growth	-70.96%	-94.99%	257.89%	-61.75%	59.59%	16.12%
Shares Outstanding (Basic)	42	42	42	41	38	29
Shares Outstanding (Diluted)	42	42	42	41	38	30
Shares Change (YoY)	-0.11%	0.09%	0.55%	9.10%	24.52%	5.65%
EPS (Basic)	1258.20	225.43	4504.23	1265.21	3625.08	2986.05
EPS (Diluted)	1257.10	225.00	4503.00	1265.00	3608.00	2824.69
EPS Growth	-70.94%	-95.00%	255.97%	-64.94%	27.73%	7.16%
Free Cash Flow	192,085	118,558	287,887	330,065	123,231	77,195
Free Cash Flow Per Share	4616.46	2848.17	6922.51	7980.38	3250.49	2535.41
Dividend Per Share	200.000	200.000	-	-	-	-
Gross Margin	41.78%	42.55%	46.33%	47.44%	49.60%	47.06%
Operating Margin	7.99%	8.16%	13.57%	13.35%	15.10%	18.29%
Profit Margin	2.18%	0.42%	8.60%	2.95%	10.89%	10.76%
Free Cash Flow Margin	8.02%	5.26%	13.22%	18.58%	9.81%	9.69%
EBITDA	339,248	330,206	422,821	356,001	272,936	180,590
EBITDA Margin	14.16%	14.64%	19.41%	20.04%	21.73%	22.68%
D&A For EBITDA	147,832	146,143	127,352	118,877	83,295	34,947
EBIT	191,416	184,063	295,469	237,124	189,641	145,642
EBIT Margin	7.99%	8.16%	13.57%	13.35%	15.10%	18.29%
Effective Tax Rate	49.34%	117.67%	26.66%	50.22%	33.09%	31.04%
Advertising Expenses	-	6,338	6,948	10,954	7,439	-

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.