SK Securities Co., Ltd. (KRX:001510)

SK Securities 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
Interest and Dividend Income	219,724	227,945	219,403	184,595	130,170	106,469
Total Interest Expense	143,339	154,203	167,530	115,624	40,310	52,915
Net Interest Income	76,385	73,741	51,872	68,970	89,860	53,554
Brokerage Commission	112,586	115,446	140,368	140,946	204,460	161,230
Asset Management Fee	3,347	3,720	2,759	3,705	4,884	2,098
Underwriting & Investment Banking Fee	31,093	32,375	33,129	32,861	36,191	29,545
Gain on Sale of Investments (Rev)	242,208	262,397	351,010	329,752	218,499	222,247
Other Revenue	452,103	439,899	370,548	518,934	426,857	444,426
Revenue Before Loan Losses	919,214	929,069	951,515	1,097,939	981,897	913,100
Provision for Loan Losses	63,719	78,091	36,775	39,554	2,836	1,405
Revenue	855,495	850,979	914,740	1,058,385	979,061	911,695
Revenue Growth (YoY)	-4.22%	-6.97%	-13.57%	8.10%	7.39%	87.09%
Salaries & Employee Benefits	147,204	148,789	147,245	159,996	188,380	139,936
Cost of Services Provided	76,221	79,917	75,897	86,304	80,879	69,871
Other Operating Expenses	369,924	358,326	348,225	427,228	350,649	452,553
Total Operating Expenses	617,498	611,802	597,339	699,033	641,313	678,092
Operating Income	237,997	239,177	317,401	359,353	337,748	233,602
Currency Exchange Gains	-3,451	-2,748	-36.66	-3,733	-13,101	3,725
Other Non-Operating Income (Expenses)	-67,509	-72,088	-84,226	-21,000	-49,282	-92,152
EBT Excluding Unusual Items	168,334	168,454	248,722	329,932	281,294	147,882
Asset Writedown	-280	-280	43	-	-	-
Gain (Loss) on Sale of Investments	-255,915	-268,904	-243,815	-323,080	-223,288	-132,365
Pretax Income	-88,016	-99,583	5,881	10,156	58,285	17,907
Income Tax Expense	-13,315	-16,313	2,694	1,547	16,853	5,613
Earnings From Continuing Ops.	-74,701	-83,270	3,188	8,609	41,432	12,294
Minority Interest in Earnings	807.87	723.86	-636.51	810.68	-1,396	-913.93
Net Income	-73,893	-82,546	2,551	9,420	40,036	11,380
Preferred Dividends & Other Adjustments	94.52	23.48	39.37	107.58	379.46	119.24
Net Income to Common	-73,987	-82,570	2,512	9,312	39,656	11,261
Net Income Growth	-	-	-72.92%	-76.47%	251.80%	-63.55%
Shares Outstanding (Basic)	414	414	414	414	431	442
Shares Outstanding (Diluted)	414	414	414	414	431	442
Shares Change (YoY)	-	-0.04%	-0.04%	-3.92%	-2.47%	-4.18%
EPS (Basic)	-178.75	-199.49	6.07	22.50	91.99	25.48
EPS (Diluted)	-178.76	-199.49	6.07	22.48	91.99	25.00
EPS Growth	-	-	-73.00%	-75.56%	267.95%	-62.69%
Free Cash Flow	-150,464	212,250	212,949	319,680	-573,819	-387,392
Free Cash Flow Per Share	-363.52	512.80	514.30	771.79	-1331.04	-876.41
Operating Margin	27.82%	28.11%	34.70%	33.95%	34.50%	25.62%
Profit Margin	-8.65%	-9.70%	0.27%	0.88%	4.05%	1.23%
Free Cash Flow Margin	-17.59%	24.94%	23.28%	30.20%	-58.61%	-42.49%
Effective Tax Rate	-	-	45.80%	15.23%	28.92%	31.35%

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