S-Oil Corporation (KRX:010950)

S-Oil 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
Revenue	34,371,485	36,637,031	35,726,694	42,446,028	27,463,918	16,829,681
Revenue Growth (YoY)	-8.46%	2.55%	-15.83%	54.55%	63.19%	-31.01%
Cost of Revenue	33,491,503	35,411,172	33,620,949	38,291,440	24,701,034	17,373,676
Gross Profit	879,982	1,225,859	2,105,745	4,154,588	2,762,884	-543,995
Selling, General & Admin	711,165	727,090	680,218	683,092	553,253	486,679
Amortization of Goodwill & Intangibles	6,756	4,618	4,526	3,821	4,737	4,541
Other Operating Expenses	13,081	13,202	13,127	15,013	18,335	13,446
Operating Expenses	793,906	803,682	751,163	749,422	621,942	555,151
Operating Income	86,076	422,177	1,354,582	3,405,166	2,140,942	-1,099,146
Interest Expense	-282,691	-282,691	-236,876	-151,149	-109,813	-158,080
Interest & Investment Income	53,444	53,444	56,333	30,993	9,017	12,351
Earnings From Equity Investments	5,273	5,890	2,338	-171	1,787	3,706
Currency Exchange Gain (Loss)	-592,962	-592,962	-59,672	-338,832	-321,293	131,794
Other Non Operating Income (Expenses)	398,632	67,925	-21,036	-30,740	42,976	-58,486
EBT Excluding Unusual Items	-332,228	-326,217	1,095,669	2,915,267	1,763,616	-1,167,861
Gain (Loss) on Sale of Investments	168	168	24,398	-	-	-
Gain (Loss) on Sale of Assets	-3,870	-3,870	11,638	9,536	114,404	64
Asset Writedown	-2,591	-2,591	-	-26,261	-	-
Pretax Income	-338,521	-332,510	1,131,705	2,898,542	1,878,020	-1,167,797
Income Tax Expense	-158,667	-139,468	182,857	794,155	499,479	-371,689
Net Income	-179,854	-193,042	948,848	2,104,387	1,378,541	-796,108
Preferred Dividends & Other Adjustments	-6,271	-6,271	-	-	-	-
Net Income to Common	-173,583	-186,771	948,848	2,104,387	1,378,541	-796,108
Net Income Growth	-	-	-54.91%	52.65%	-	-
Shares Outstanding (Basic)	116	116	116	116	116	116
Shares Outstanding (Diluted)	116	116	116	116	116	116
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	-1491.91	-1604.28	8150.17	18075.72	11841.04	-6838.20
EPS (Diluted)	-1491.91	-1604.28	8150.17	18075.72	11841.04	-6838.20
EPS Growth	-	-	-54.91%	52.65%	-	-
Free Cash Flow	-562,326	-1,574,281	340,084	1,052,701	1,205,198	1,083,872
Free Cash Flow Per Share	-4833.08	-13522.35	2921.17	9042.22	10352.10	9309.96
Dividend Per Share	-	-	-	5500.000	-	-
Gross Margin	2.56%	3.35%	5.89%	9.79%	10.06%	-3.23%
Operating Margin	0.25%	1.15%	3.79%	8.02%	7.80%	-6.53%
Profit Margin	-0.51%	-0.51%	2.66%	4.96%	5.02%	-4.73%
Free Cash Flow Margin	-1.64%	-4.30%	0.95%	2.48%	4.39%	6.44%
EBITDA	876,872	1,174,144	2,073,748	4,055,018	2,792,745	-467,884
EBITDA Margin	2.55%	3.21%	5.80%	9.55%	10.17%	-2.78%
D&A For EBITDA	790,796	751,967	719,166	649,852	651,803	631,262
EBIT	86,076	422,177	1,354,582	3,405,166	2,140,942	-1,099,146
EBIT Margin	0.25%	1.15%	3.79%	8.02%	7.80%	-6.53%
Effective Tax Rate	-	-	16.16%	27.40%	26.60%	-
Advertising Expenses	-	30,496	30,571	27,132	21,671	18,102

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