MNC Solution Co.,Ltd Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	266,418	183,450	125,933	609,046	908,028
Other Revenue	-	-0	-	-0	-
Revenue	266,418	183,450	125,933	609,046	908,028
Revenue Growth (YoY)	-70.66%	45.67%	-79.32%	-32.93%	-
Cost of Revenue	225,061	155,596	108,676	515,761	749,544
Gross Profit	41,356	27,854	17,258	93,285	158,483
Selling, General & Admin	10,114	6,184	5,201	35,105	106,423
Research & Development	317.2	310.39	183.37	9,145	22,557
Amortization of Goodwill & Intangibles	1,470	657.41	318.43	1,882	1,753
Other Operating Expenses	164.38	133.03	80.53	790.51	1,101
Operating Expenses	12,566	7,548	6,176	47,711	132,535
Operating Income	28,790	20,306	11,081	45,574	25,948
Interest Expense	-742.3	-1,058	-803.34	-1,406	-1,234
Interest & Investment Income	957.4	1,288	212.42	864.49	244.09
Currency Exchange Gain (Loss)	58.54	-99.86	-96.97	3,747	-3,455
Other Non Operating Income (Expenses)	-310.84	-94.08	-63.48	-2,907	-8,560
EBT Excluding Unusual Items	28,753	20,342	10,330	45,873	12,943
Gain (Loss) on Sale of Investments	51.47	26.06	5.33	-	-
Gain (Loss) on Sale of Assets	1.3	19.43	-90.22	56.33	-21,135
Asset Writedown	-	-	-	-0.08	-
Pretax Income	28,806	20,388	10,245	45,929	-8,191
Income Tax Expense	5,662	3,960	1,507	10,306	2,360
Earnings From Continuing Operations	23,144	16,428	8,738	35,623	-10,552
Earnings From Discontinued Operations	2,238	-1,897	3,681	-	-
Net Income	25,382	14,531	12,419	35,623	-10,552
Net Income to Common	25,382	14,531	12,419	35,623	-10,552
Net Income Growth	-	17.00%	-65.14%	-	-
Shares Outstanding (Basic)	11	28	30	30	30
Shares Outstanding (Diluted)	11	28	30	30	30
Shares Change (YoY)	-63.49%	-6.99%	-	-	-
EPS (Basic)	2317.45	520.79	413.98	1187.45	-351.72
EPS (Diluted)	2317.45	520.79	413.98	1187.45	-351.72
EPS Growth	-	25.80%	-65.14%	-	-
Free Cash Flow	-12,451	27,320	106,947	3,839	45,196
Free Cash Flow Per Share	-1136.83	979.13	3564.91	127.96	1506.54
Gross Margin	15.52%	15.18%	13.70%	15.32%	17.45%
Operating Margin	10.81%	11.07%	8.80%	7.48%	2.86%
Profit Margin	9.53%	7.92%	9.86%	5.85%	-1.16%
Free Cash Flow Margin	-4.67%	14.89%	84.92%	0.63%	4.98%
EBITDA	34,642	31,847	23,964	57,873	37,258
EBITDA Margin	13.00%	17.36%	19.03%	9.50%	4.10%
D&A For EBITDA	5,851	11,541	12,883	12,299	11,310
EBIT	28,790	20,306	11,081	45,574	25,948
EBIT Margin	10.81%	11.07%	8.80%	7.48%	2.86%
Effective Tax Rate	19.66%	19.42%	14.71%	22.44%	-
Advertising Expenses	-	16.87	76.66	109.07	-

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