Tide Co., Ltd. (XKON:346010)

Tide Co., Ltd. Income Statement

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

Fiscal Year	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Revenue	18,531	11,011	870.79	21,093	6,176
Revenue Growth (YoY)	68.30%	1164.46%	-95.87%	241.55%	-
Cost of Revenue	15,388	7,157	2,109	13,930	5,754
Gross Profit	3,143	3,854	-1,239	7,162	422.04
Selling, General & Admin	2,553	1,935	2,125	2,047	996.47
Research & Development	44.97	22.16	44.37	54.96	76.61
Other Operating Expenses	15.61	11.03	47.35	4.54	2.21
Operating Expenses	2,633	2,007	2,466	2,132	1,093
Operating Income	509.98	1,847	-3,705	5,031	-671.16
Interest Expense	-	-	-106.9	-156.92	-212.61
Interest & Investment Income	-	-	107.43	90.57	4.68
Currency Exchange Gain (Loss)	-0.31	13.39	11.51	6.59	-0.01
Other Non Operating Income (Expenses)	-91.15	-77.17	-152.37	-169.63	21.22
EBT Excluding Unusual Items	418.52	1,784	-3,845	4,801	-857.88
Gain (Loss) on Sale of Investments	-	-	-	4.84	-
Gain (Loss) on Sale of Assets	-12.37	-	-	-	-
Pretax Income	406.15	1,784	-3,845	4,806	-857.88
Income Tax Expense	86.99	-65.53	-1,160	867.59	-319.89
Net Income	319.17	1,849	-2,685	3,938	-537.99
Net Income to Common	319.17	1,849	-2,685	3,938	-537.99
Net Income Growth	-82.74%	-	-	-	-
Free Cash Flow	6,325	-3,768	-3,353	6,884	-2,373
Gross Margin	16.96%	35.00%	-142.24%	33.96%	6.83%
Operating Margin	2.75%	16.78%	-425.48%	23.85%	-10.87%
Profit Margin	1.72%	16.79%	-308.34%	18.67%	-8.71%
Free Cash Flow Margin	34.13%	-34.22%	-385.06%	32.64%	-38.43%
EBITDA	577.23	2,127	-3,209	5,301	-417.4
EBITDA Margin	3.12%	19.32%	-	25.13%	-6.76%
D&A For EBITDA	67.25	279.7	496.1	270.66	253.76
EBIT	509.98	1,847	-3,705	5,031	-671.16
EBIT Margin	2.75%	16.78%	-	23.85%	-10.87%
Effective Tax Rate	21.42%	-	-	18.05%	-
Advertising Expenses	7	4.88	0.62	1.98	0.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.