GOLFZON Co., Ltd. (KOSDAQ:215000)

GOLFZON 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	502,730	619,981	685,111	617,514	440,308	298,524
Other Revenue	-	-	-	-	-	-0
Revenue	502,730	619,981	685,111	617,514	440,308	298,524
Revenue Growth (YoY)	-23.30%	-9.51%	10.95%	40.25%	47.49%	20.85%
Cost of Revenue	205,091	277,557	316,625	257,308	156,393	112,835
Gross Profit	297,639	342,425	368,486	360,206	283,915	185,689
Selling, General & Admin	182,233	198,174	205,416	169,615	138,757	102,285
Amortization of Goodwill & Intangibles	3,154	3,161	4,495	2,160	1,140	1,609
Other Operating Expenses	2,740	2,684	2,454	2,539	2,291	1,796
Operating Expenses	224,701	247,046	253,902	211,526	176,260	134,081
Operating Income	72,938	95,379	114,584	148,679	107,656	51,608
Interest Expense	-3,507	-3,520	-2,722	-1,880	-1,493	-1,513
Interest & Investment Income	5,412	5,820	1,983	1,854	1,615	1,288
Earnings From Equity Investments	-82.3	23.41	-2.4	6.82	21.77	65.26
Currency Exchange Gain (Loss)	2,107	5,777	-267.26	-756.75	393.58	-555.5
Other Non Operating Income (Expenses)	-2,031	-9,208	760.8	-482.04	-5,387	717.62
EBT Excluding Unusual Items	74,838	94,271	114,336	147,422	102,806	51,610
Gain (Loss) on Sale of Investments	830.8	186.13	6,357	-834.32	-	-
Gain (Loss) on Sale of Assets	-302.76	-526.67	-1,777	2,675	1,320	-1,051
Asset Writedown	-16,163	-18,598	-12,356	-1,129	-362.2	-1,853
Pretax Income	59,203	75,332	106,560	148,133	103,764	48,706
Income Tax Expense	28,811	33,289	32,938	36,575	27,321	11,209
Earnings From Continuing Operations	30,392	42,043	73,622	111,558	76,442	37,497
Net Income to Company	30,392	42,043	73,622	111,558	76,442	37,497
Minority Interest in Earnings	7,683	7,764	5,891	2,172	-128.19	769.61
Net Income	38,075	49,807	79,512	113,729	76,314	38,267
Net Income to Common	38,075	49,807	79,512	113,729	76,314	38,267
Net Income Growth	-42.95%	-37.36%	-30.09%	49.03%	99.43%	136.01%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-1.88%	-1.46%	-1.70%	-0.19%	0.28%	-
EPS (Basic)	6340.51	8190.19	12972.86	18292.53	12166.54	6100.78
EPS (Diluted)	6340.32	8190.00	12884.00	18114.00	12132.00	6100.78
EPS Growth	-41.86%	-36.43%	-28.87%	49.31%	98.86%	136.01%
Free Cash Flow	68,505	55,166	-25,385	103,876	123,527	72,117
Free Cash Flow Per Share	11407.87	9071.51	-4113.28	16544.90	19637.60	11497.41
Dividend Per Share	4000.000	4000.000	4500.000	4500.000	3500.000	2500.000
Dividend Growth	-11.11%	-11.11%	-	28.57%	40.00%	21.95%
Gross Margin	59.20%	55.23%	53.79%	58.33%	64.48%	62.20%
Operating Margin	14.51%	15.38%	16.73%	24.08%	24.45%	17.29%
Profit Margin	7.57%	8.03%	11.61%	18.42%	17.33%	12.82%
Free Cash Flow Margin	13.63%	8.90%	-3.71%	16.82%	28.06%	24.16%
EBITDA	114,132	143,299	162,901	190,651	144,793	84,611
EBITDA Margin	22.70%	23.11%	23.78%	30.87%	32.88%	28.34%
D&A For EBITDA	41,193	47,920	48,316	41,972	37,138	33,003
EBIT	72,938	95,379	114,584	148,679	107,656	51,608
EBIT Margin	14.51%	15.38%	16.73%	24.08%	24.45%	17.29%
Effective Tax Rate	48.66%	44.19%	30.91%	24.69%	26.33%	23.01%
Advertising Expenses	-	27,350	31,288	21,844	15,523	14,791

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.