HYBE Co., Ltd. (KRX: 352820)

HYBE 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
Revenue	2,137,834	2,178,088	1,776,154	1,255,926	796,283	587,224
Revenue Growth (YoY)	1.66%	22.63%	41.42%	57.72%	35.60%	94.85%
Cost of Revenue	1,189,305	1,169,079	933,515	632,927	421,538	385,687
Gross Profit	948,528	1,009,009	842,639	622,999	374,745	201,538
Selling, General & Admin	584,021	583,626	494,405	354,591	193,166	90,286
Research & Development	4,498	4,540	4,971	2,774	1,654	1,324
Other Operating Expenses	28,224	21,326	16,851	10,343	6,676	2,066
Operating Expenses	739,990	713,540	605,515	433,358	229,103	102,795
Operating Income	208,538	295,469	237,124	189,641	145,642	98,742
Interest Expense	-47,654	-47,018	-34,614	-13,235	-3,887	-1,260
Interest & Investment Income	50,770	48,337	42,690	9,327	2,058	494.63
Earnings From Equity Investments	68,462	98,814	-18,332	15,938	-1,606	-907.84
Currency Exchange Gain (Loss)	-10,636	11,021	4,576	2,710	-12,404	3,351
Other Non Operating Income (Expenses)	-37,762	-19,340	-20,101	776.96	-3,152	-2,278
EBT Excluding Unusual Items	231,718	387,283	211,343	205,157	126,652	98,142
Gain (Loss) on Sale of Investments	-167,861	-40,389	-30,186	6,054	244.77	367.88
Gain (Loss) on Sale of Assets	1,133	-1,198	10,906	-727.18	-650.34	-2.37
Asset Writedown	-96,947	-95,563	-95,578	-	-	-14.92
Pretax Income	-31,958	250,133	96,485	210,484	126,247	98,492
Income Tax Expense	2,067	66,684	48,453	69,649	39,185	26,068
Earnings From Continuing Operations	-34,025	183,450	48,032	140,835	87,061	72,424
Minority Interest in Earnings	15,157	3,804	4,289	-4,033	-1,340	1,399
Net Income	-18,868	187,253	52,321	136,801	85,721	73,823
Net Income to Common	-18,868	187,253	52,321	136,801	85,721	73,823
Net Income Growth	-	257.89%	-61.75%	59.59%	16.12%	-
Shares Outstanding (Basic)	42	42	41	38	29	2
Shares Outstanding (Diluted)	42	42	41	38	30	29
Shares Change (YoY)	0.36%	0.55%	9.09%	24.52%	5.65%	2109.58%
EPS (Basic)	-452.96	4504.23	1265.21	3625.08	2986.05	47219.44
EPS (Diluted)	-452.96	4503.00	1265.00	3608.00	2824.69	2635.90
EPS Growth	-	255.97%	-64.94%	27.73%	7.16%	-
Free Cash Flow	279,117	287,887	330,065	123,231	77,195	86,878
Free Cash Flow Per Share	6700.82	6922.51	7980.38	3250.48	2535.42	3014.77
Dividend Per Share	700.000	700.000	-	-	-	-
Gross Margin	44.37%	46.33%	47.44%	49.60%	47.06%	34.32%
Operating Margin	9.75%	13.57%	13.35%	15.10%	18.29%	16.82%
Profit Margin	-0.88%	8.60%	2.95%	10.89%	10.77%	12.57%
Free Cash Flow Margin	13.06%	13.22%	18.58%	9.81%	9.69%	14.79%
EBITDA	351,804	422,821	356,001	272,936	180,590	108,056
EBITDA Margin	16.46%	19.41%	20.04%	21.73%	22.68%	18.40%
D&A For EBITDA	143,266	127,352	118,877	83,295	34,947	9,313
EBIT	208,538	295,469	237,124	189,641	145,642	98,742
EBIT Margin	9.75%	13.57%	13.35%	15.10%	18.29%	16.82%
Effective Tax Rate	-	26.66%	50.22%	33.09%	31.04%	26.47%
Advertising Expenses	-	6,948	10,954	7,439	-	-

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