Amorepacific Corporation

090435.KS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

2,914

Cost of Revenue

854

Gross Profit

2,060

Gross Margin

70.7%

Operating Income

165

Operating Margin

5.7%

Net Income

445

Net Margin

15.3%

EPS (Basic)

$6.00

EPS (Diluted)

$6.00

EBITDA

680

EBITDA Margin

23.3%

2023

12/31/2023

Revenue

2,755

Cost of Revenue

866

Gross Profit

1,889

Gross Margin

68.6%

Operating Income

234

Operating Margin

8.5%

Net Income

135

Net Margin

4.9%

EPS (Basic)

$2.00

EPS (Diluted)

$2.00

EBITDA

270

EBITDA Margin

9.8%

2022

12/31/2022

Revenue

3,101

Cost of Revenue

1,003

Gross Profit

2,098

Gross Margin

67.7%

Operating Income

161

Operating Margin

5.2%

Net Income

101

Net Margin

3.3%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

394

EBITDA Margin

12.7%

2021

12/31/2021

Revenue

3,647

Cost of Revenue

1,022

Gross Profit

2,625

Gross Margin

72.0%

Operating Income

258

Operating Margin

7.1%

Net Income

145

Net Margin

4.0%

EPS (Basic)

$2.00

EPS (Diluted)

$2.00

EBITDA

503

EBITDA Margin

13.8%

2020

12/31/2020

Revenue

3,324

Cost of Revenue

949

Gross Profit

2,375

Gross Margin

71.4%

Operating Income

107

Operating Margin

3.2%

Net Income

Net Margin

0.8%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

375

EBITDA Margin

11.3%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	2,914	2,755	3,101	3,647	3,324
Cost of Revenue	854	866	1,003	1,022	949
Gross Profit	2,060	1,889	2,098	2,625	2,375
Gross Margin	70.7%	68.6%	67.7%	72.0%	71.4%
Operating Income	165	234	161	258	107
Operating Margin	5.7%	8.5%	5.2%	7.1%	3.2%
Net Income	445	135	101	145	26
Net Margin	15.3%	4.9%	3.3%	4.0%	0.8%
EPS (Basic)	$6.00	$2.00	$1.00	$2.00	$0.00
EPS (Diluted)	$6.00	$2.00	$1.00	$2.00	$0.00
EBITDA	680	270	394	503	375
EBITDA Margin	23.3%	9.8%	12.7%	13.8%	11.3%