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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,147,846	2,178,088	1,776,154	1,255,926	796,283	587,224
Revenue Growth (YoY)	6.83%	22.63%	41.42%	57.72%	35.60%	94.85%
Cost of Revenue	1,192,973	1,169,079	933,515	632,927	421,538	385,687
Gross Profit	954,872	1,009,009	842,639	622,999	374,745	201,538
Selling, General & Admin	579,909	583,626	494,405	354,591	193,166	90,286
Research & Development	4,680	4,540	4,971	2,774	1,654	1,324
Other Operating Expenses	26,822	21,326	16,851	10,343	6,676	2,066
Operating Expenses	728,050	713,540	605,515	433,358	229,103	102,795
Operating Income	226,822	295,469	237,124	189,641	145,642	98,742
Interest Expense	-45,843	-47,018	-34,614	-13,235	-3,887	-1,260
Interest & Investment Income	51,684	48,337	42,690	9,327	2,058	494.63
Earnings From Equity Investments	67,781	98,814	-18,332	15,938	-1,606	-907.84
Currency Exchange Gain (Loss)	22,109	11,021	4,576	2,710	-12,404	3,351
Other Non Operating Income (Expenses)	-25,746	-19,340	-20,101	776.96	-3,152	-2,278
EBT Excluding Unusual Items	296,807	387,283	211,343	205,157	126,652	98,142
Gain (Loss) on Sale of Investments	-93,059	-40,389	-30,186	6,054	244.77	367.88
Gain (Loss) on Sale of Assets	566.93	-1,198	10,906	-727.18	-650.34	-2.37
Asset Writedown	-96,943	-95,563	-95,578	-	-	-14.92
Pretax Income	107,372	250,133	96,485	210,484	126,247	98,492
Income Tax Expense	43,150	66,684	48,453	69,649	39,185	26,068
Earnings From Continuing Operations	64,221	183,450	48,032	140,835	87,061	72,424
Minority Interest in Earnings	13,225	3,804	4,289	-4,033	-1,340	1,399
Net Income	77,446	187,253	52,321	136,801	85,721	73,823
Net Income to Common	77,446	187,253	52,321	136,801	85,721	73,823
Net Income Growth	21.56%	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)	0.57%	0.55%	9.09%	24.52%	5.65%	2109.58%
EPS (Basic)	1859.47	4504.23	1265.21	3625.08	2986.05	47219.44
EPS (Diluted)	1859.05	4503.00	1265.00	3608.00	2824.69	2635.90
EPS Growth	20.89%	255.97%	-64.94%	27.73%	7.16%	-
Free Cash Flow	210,508	287,887	330,065	123,231	77,195	86,878
Free Cash Flow Per Share	5052.22	6922.51	7980.38	3250.48	2535.42	3014.77
Dividend Per Share	700.000	700.000	-	-	-	-
Gross Margin	44.46%	46.33%	47.44%	49.60%	47.06%	34.32%
Operating Margin	10.56%	13.57%	13.35%	15.10%	18.29%	16.82%
Profit Margin	3.61%	8.60%	2.95%	10.89%	10.77%	12.57%
Free Cash Flow Margin	9.80%	13.22%	18.58%	9.81%	9.69%	14.79%
EBITDA	366,778	422,821	356,001	272,936	180,590	108,056
EBITDA Margin	17.08%	19.41%	20.04%	21.73%	22.68%	18.40%
D&A For EBITDA	139,956	127,352	118,877	83,295	34,947	9,313
EBIT	226,822	295,469	237,124	189,641	145,642	98,742
EBIT Margin	10.56%	13.57%	13.35%	15.10%	18.29%	16.82%
Effective Tax Rate	40.19%	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.