GemVax & KAEL Co Ltd
KOSDAQ:082270
Income Statement
Earnings Waterfall
GemVax & KAEL Co Ltd
Revenue
|
62.7B
KRW
|
Cost of Revenue
|
-43B
KRW
|
Gross Profit
|
19.7B
KRW
|
Operating Expenses
|
-58.1B
KRW
|
Operating Income
|
-38.3B
KRW
|
Other Expenses
|
-48.9B
KRW
|
Net Income
|
-87.2B
KRW
|
Income Statement
GemVax & KAEL Co Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
4 286
|
3 719
|
3 609
|
3 687
|
4 128
|
4 650
|
5 553
|
6 158
|
0
|
4 451
|
3 482
|
3 422
|
0
|
4 274
|
5 279
|
5 107
|
6 728
|
6 219
|
5 749
|
5 534
|
4 755
|
3 722
|
2 760
|
1 867
|
1 230
|
999
|
755
|
502
|
405
|
383
|
405
|
426
|
445
|
474
|
517
|
446
|
463
|
564
|
1 134
|
2 095
|
3 161
|
|
Revenue |
101 051
N/A
|
115 454
+14%
|
107 450
-7%
|
84 880
-21%
|
75 074
-12%
|
70 341
-6%
|
77 124
+10%
|
101 897
+32%
|
28 403
-72%
|
40 241
+42%
|
33 103
-18%
|
8 733
-74%
|
47 875
+448%
|
22 026
-54%
|
17 441
-21%
|
17 349
-1%
|
47 240
+172%
|
48 158
+2%
|
46 457
-4%
|
45 506
-2%
|
42 664
-6%
|
46 815
+10%
|
55 579
+19%
|
62 456
+12%
|
65 663
+5%
|
63 634
-3%
|
63 160
-1%
|
58 903
-7%
|
60 371
+2%
|
66 228
+10%
|
71 874
+9%
|
78 886
+10%
|
75 804
-4%
|
73 280
-3%
|
75 123
+3%
|
68 762
-8%
|
72 209
+5%
|
71 263
-1%
|
63 577
-11%
|
62 731
-1%
|
62 692
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(78 735)
|
(92 430)
|
(84 481)
|
(66 766)
|
(56 879)
|
(51 602)
|
(60 402)
|
(82 701)
|
(19 147)
|
(27 343)
|
(17 401)
|
6 187
|
(31 627)
|
(10 789)
|
(7 530)
|
(8 317)
|
(29 807)
|
(30 435)
|
(29 792)
|
(28 096)
|
(28 015)
|
(29 217)
|
(34 296)
|
(37 471)
|
(40 115)
|
(40 538)
|
(41 003)
|
(39 823)
|
(41 490)
|
(45 662)
|
(50 686)
|
(55 791)
|
(53 943)
|
(53 788)
|
(47 613)
|
(43 913)
|
(46 160)
|
(43 336)
|
(45 500)
|
(43 680)
|
(42 977)
|
|
Gross Profit |
22 316
N/A
|
23 023
+3%
|
22 968
0%
|
18 113
-21%
|
18 195
+0%
|
18 741
+3%
|
16 724
-11%
|
19 198
+15%
|
9 255
-52%
|
12 897
+39%
|
15 701
+22%
|
14 919
-5%
|
16 248
+9%
|
11 237
-31%
|
9 910
-12%
|
9 031
-9%
|
17 432
+93%
|
17 721
+2%
|
16 664
-6%
|
17 409
+4%
|
14 648
-16%
|
17 598
+20%
|
21 284
+21%
|
24 986
+17%
|
25 548
+2%
|
23 098
-10%
|
22 157
-4%
|
19 080
-14%
|
18 881
-1%
|
20 566
+9%
|
21 189
+3%
|
23 095
+9%
|
21 861
-5%
|
19 491
-11%
|
27 510
+41%
|
24 850
-10%
|
26 048
+5%
|
27 927
+7%
|
18 077
-35%
|
19 051
+5%
|
19 715
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(27 872)
|
(27 703)
|
(26 016)
|
(22 914)
|
(20 956)
|
(30 214)
|
(32 211)
|
(34 790)
|
(15 485)
|
(14 141)
|
(10 969)
|
(8 027)
|
(17 663)
|
(14 971)
|
(23 735)
|
(26 065)
|
(18 095)
|
(18 463)
|
(19 372)
|
(19 519)
|
(23 046)
|
(26 333)
|
(26 052)
|
(25 331)
|
(24 110)
|
(20 364)
|
(20 808)
|
(21 530)
|
(22 509)
|
(23 285)
|
(23 529)
|
(25 260)
|
(25 807)
|
(26 698)
|
(26 953)
|
(28 426)
|
(33 917)
|
(51 025)
|
(52 943)
|
(58 003)
|
(58 052)
|
|
Selling, General & Administrative |
(22 666)
|
(19 824)
|
(18 273)
|
(17 715)
|
(15 613)
|
(18 878)
|
(21 253)
|
(23 135)
|
(15 485)
|
(15 228)
|
(12 319)
|
(9 283)
|
(17 663)
|
(14 681)
|
(14 281)
|
(13 775)
|
(12 979)
|
(13 171)
|
(13 364)
|
(13 961)
|
(16 855)
|
(20 397)
|
(20 750)
|
(20 001)
|
(18 443)
|
(14 623)
|
(14 656)
|
(14 480)
|
(14 004)
|
(14 273)
|
(13 786)
|
(13 874)
|
(12 974)
|
(12 322)
|
(12 331)
|
(12 928)
|
(16 845)
|
(19 273)
|
(22 205)
|
(23 279)
|
(21 445)
|
|
Research & Development |
(3 092)
|
(3 174)
|
(2 809)
|
(2 991)
|
(2 336)
|
(2 487)
|
0
|
(1 664)
|
0
|
(723)
|
(853)
|
(1 412)
|
0
|
(1 856)
|
(2 487)
|
(2 884)
|
(3 733)
|
(3 987)
|
(4 794)
|
(4 444)
|
(4 948)
|
(4 653)
|
(3 977)
|
(3 966)
|
(4 506)
|
(2 714)
|
(3 099)
|
(3 942)
|
(7 241)
|
(7 692)
|
(8 446)
|
(10 150)
|
(11 634)
|
(13 185)
|
(13 394)
|
(14 178)
|
(15 670)
|
(30 292)
|
(29 238)
|
(33 226)
|
(35 064)
|
|
Depreciation & Amortization |
(2 113)
|
(1 907)
|
(2 176)
|
(2 205)
|
(3 007)
|
(3 757)
|
(4 031)
|
(4 393)
|
0
|
(2 406)
|
(2 011)
|
(1 545)
|
0
|
(1 440)
|
(1 126)
|
(1 026)
|
(1 383)
|
(1 304)
|
(1 214)
|
(1 113)
|
(1 242)
|
(1 284)
|
(1 325)
|
(1 366)
|
(1 161)
|
(1 136)
|
(1 162)
|
(1 216)
|
(1 264)
|
(1 319)
|
(1 296)
|
(1 236)
|
(1 199)
|
(1 192)
|
(1 228)
|
(1 320)
|
(1 401)
|
(1 460)
|
(1 499)
|
(1 498)
|
(1 542)
|
|
Other Operating Expenses |
0
|
(2 798)
|
(2 758)
|
(3)
|
0
|
(5 092)
|
(6 927)
|
(5 598)
|
0
|
4 216
|
4 214
|
4 213
|
0
|
3 006
|
(5 841)
|
(8 380)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 891)
|
(1 891)
|
(1 892)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(5 556)
N/A
|
(4 679)
+16%
|
(3 048)
+35%
|
(4 801)
-58%
|
(2 761)
+42%
|
(11 475)
-316%
|
(15 488)
-35%
|
(15 593)
-1%
|
(6 229)
+60%
|
(1 243)
+80%
|
4 734
N/A
|
6 894
+46%
|
(1 415)
N/A
|
(3 734)
-164%
|
(13 825)
-270%
|
(17 034)
-23%
|
(662)
+96%
|
(741)
-12%
|
(2 708)
-265%
|
(2 110)
+22%
|
(8 398)
-298%
|
(8 736)
-4%
|
(4 770)
+45%
|
(346)
+93%
|
1 438
N/A
|
2 734
+90%
|
1 350
-51%
|
(2 449)
N/A
|
(3 628)
-48%
|
(2 719)
+25%
|
(2 340)
+14%
|
(2 165)
+7%
|
(3 945)
-82%
|
(7 207)
-83%
|
557
N/A
|
(3 576)
N/A
|
(7 868)
-120%
|
(23 098)
-194%
|
(34 866)
-51%
|
(38 951)
-12%
|
(38 337)
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(19 564)
|
(19 552)
|
(17 126)
|
(19 083)
|
(3 037)
|
(3 708)
|
(6 534)
|
(2 021)
|
(5 665)
|
(6 903)
|
(10 759)
|
(14 319)
|
(22 105)
|
(29 338)
|
(11 272)
|
(14 452)
|
6 236
|
12 988
|
(6 013)
|
(9 803)
|
(76 425)
|
(56 784)
|
(43 200)
|
(39 034)
|
10 974
|
(4 978)
|
(8 903)
|
(3 105)
|
13 173
|
12 598
|
7 826
|
4 231
|
(19 269)
|
(21 116)
|
(22 896)
|
(23 802)
|
(13 437)
|
(28 555)
|
(29 465)
|
(26 431)
|
(23 544)
|
|
Non-Reccuring Items |
(2 797)
|
0
|
0
|
(2 228)
|
(6 177)
|
0
|
0
|
0
|
0
|
(51)
|
8 798
|
11 338
|
0
|
0
|
0
|
(35)
|
(12 252)
|
(14 118)
|
(15 727)
|
(20 826)
|
2 785
|
1 183
|
(4 166)
|
976
|
(8 068)
|
4 901
|
18 431
|
20 589
|
1 149
|
(688)
|
(7 060)
|
(9 370)
|
4 267
|
4 395
|
(1 445)
|
(1 316)
|
(5 701)
|
(3 920)
|
12 209
|
12 232
|
(345)
|
|
Gain/Loss on Disposition of Assets |
39
|
8
|
0
|
0
|
32
|
140
|
111
|
86
|
0
|
(53)
|
(14)
|
0
|
0
|
0
|
(36)
|
(36)
|
(23)
|
(22)
|
5
|
16
|
42
|
0
|
84
|
(165)
|
(232)
|
(202)
|
0
|
42
|
(7)
|
(86)
|
(111)
|
(143)
|
(83)
|
(115)
|
(103)
|
(143)
|
(253)
|
(151)
|
(53)
|
(23)
|
119
|
|
Total Other Income |
(937)
|
(597)
|
21
|
(1 017)
|
203
|
(1 332)
|
(1 313)
|
(472)
|
(3 842)
|
(4 268)
|
(4 285)
|
(3 987)
|
(6 893)
|
(6 200)
|
(4 219)
|
(4 270)
|
(3 865)
|
(3 830)
|
(5 202)
|
(5 179)
|
(10 107)
|
(18 808)
|
(20 630)
|
(21 499)
|
(2 476)
|
(2 510)
|
(1 573)
|
(442)
|
1 371
|
1 366
|
1 260
|
999
|
(573)
|
(719)
|
(722)
|
(688)
|
(89)
|
(67)
|
(500)
|
(313)
|
(25 696)
|
|
Pre-Tax Income |
(28 815)
N/A
|
(24 820)
+14%
|
(20 153)
+19%
|
(27 128)
-35%
|
(11 740)
+57%
|
(16 375)
-39%
|
(23 223)
-42%
|
(17 999)
+22%
|
(15 736)
+13%
|
(12 518)
+20%
|
(1 526)
+88%
|
(74)
+95%
|
(30 413)
-40 999%
|
(39 272)
-29%
|
(29 352)
+25%
|
(35 827)
-22%
|
(10 567)
+71%
|
(5 725)
+46%
|
(29 647)
-418%
|
(37 904)
-28%
|
(92 103)
-143%
|
(83 145)
+10%
|
(72 682)
+13%
|
(60 068)
+17%
|
1 635
N/A
|
(54)
N/A
|
9 304
N/A
|
14 636
+57%
|
12 058
-18%
|
10 472
-13%
|
(425)
N/A
|
(6 448)
-1 419%
|
(19 604)
-204%
|
(24 761)
-26%
|
(24 609)
+1%
|
(29 525)
-20%
|
(27 348)
+7%
|
(55 791)
-104%
|
(52 675)
+6%
|
(53 488)
-2%
|
(87 803)
-64%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 018)
|
505
|
3 139
|
1 300
|
2 243
|
610
|
(78)
|
1 806
|
(1 501)
|
(408)
|
(1 094)
|
(1 040)
|
0
|
(29)
|
(29)
|
(29)
|
(140)
|
(140)
|
(140)
|
(140)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
171
|
165
|
164
|
160
|
584
|
|
Income from Continuing Operations |
(29 835)
|
(24 316)
|
(17 014)
|
(25 828)
|
(9 497)
|
(15 766)
|
(23 303)
|
(16 194)
|
(17 237)
|
(12 926)
|
(2 619)
|
(1 114)
|
(30 413)
|
(39 300)
|
(29 380)
|
(35 855)
|
(10 707)
|
(5 865)
|
(29 787)
|
(38 044)
|
(92 103)
|
(83 145)
|
(72 682)
|
(60 068)
|
1 635
|
(54)
|
9 304
|
14 636
|
12 058
|
10 472
|
(425)
|
(6 448)
|
(19 604)
|
(24 761)
|
(24 609)
|
(29 525)
|
(27 177)
|
(55 626)
|
(52 511)
|
(53 328)
|
(87 219)
|
|
Income to Minority Interest |
(2 162)
|
(3 120)
|
(1 772)
|
3 543
|
7 044
|
10 349
|
12 947
|
(6 129)
|
19 908
|
17 530
|
0
|
0
|
129
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(31 997)
N/A
|
(27 436)
+14%
|
(18 786)
+32%
|
(22 285)
-19%
|
(2 453)
+89%
|
(5 416)
-121%
|
(10 355)
-91%
|
(22 322)
-116%
|
(20 947)
+6%
|
(19 141)
+9%
|
(12 518)
+35%
|
4 869
N/A
|
(12 272)
N/A
|
(21 160)
-72%
|
(11 368)
+46%
|
(17 843)
-57%
|
(10 707)
+40%
|
(5 865)
+45%
|
(29 787)
-408%
|
(38 044)
-28%
|
(92 103)
-142%
|
(83 145)
+10%
|
(72 682)
+13%
|
(60 068)
+17%
|
1 635
N/A
|
(54)
N/A
|
9 304
N/A
|
14 636
+57%
|
12 058
-18%
|
10 472
-13%
|
(425)
N/A
|
(6 448)
-1 419%
|
(19 604)
-204%
|
(24 761)
-26%
|
(24 609)
+1%
|
(29 525)
-20%
|
(27 177)
+8%
|
(55 626)
-105%
|
(52 511)
+6%
|
(53 328)
-2%
|
(87 219)
-64%
|
|
EPS (Diluted) |
-492.26
N/A
|
-1 016.14
-106%
|
-647.79
+36%
|
-768.44
-19%
|
-87.6
+89%
|
-186.75
-113%
|
-345.16
-85%
|
-720.06
-109%
|
-698.23
+3%
|
-638.03
+9%
|
-417.26
+35%
|
162.3
N/A
|
-409.06
N/A
|
-682.58
-67%
|
-355.25
+48%
|
-524.79
-48%
|
-324.45
+38%
|
-167.57
+48%
|
-827.41
-394%
|
-1 056.77
-28%
|
-2 558.41
-142%
|
-2 078.62
+19%
|
-1 817.05
+13%
|
-1 540.2
+15%
|
41.72
N/A
|
-1.36
N/A
|
226.99
N/A
|
368.92
+63%
|
302.5
-18%
|
263.85
-13%
|
-10.75
N/A
|
-163.3
-1 419%
|
-497.32
-205%
|
-630.34
-27%
|
-626.4
+1%
|
-749.04
-20%
|
-690.62
+8%
|
-1 411.19
-104%
|
-1 324.81
+6%
|
-1 343.94
-1%
|
-2 202.28
-64%
|