Visang Education Inc
KRX:100220
Income Statement
Earnings Waterfall
Visang Education Inc
Revenue
|
252.4B
KRW
|
Cost of Revenue
|
-101.3B
KRW
|
Gross Profit
|
151B
KRW
|
Operating Expenses
|
-156.8B
KRW
|
Operating Income
|
-5.8B
KRW
|
Other Expenses
|
-6.5B
KRW
|
Net Income
|
-12.4B
KRW
|
Income Statement
Visang Education Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
134 893
N/A
|
139 789
+4%
|
133 044
-5%
|
133 772
+1%
|
136 882
+2%
|
136 320
0%
|
140 280
+3%
|
139 606
0%
|
143 846
+3%
|
142 273
-1%
|
151 885
+7%
|
150 299
-1%
|
143 872
-4%
|
146 235
+2%
|
140 981
-4%
|
146 742
+4%
|
145 636
-1%
|
150 984
+4%
|
150 739
0%
|
157 754
+5%
|
161 922
+3%
|
169 417
+5%
|
175 068
+3%
|
175 572
+0%
|
199 386
+14%
|
192 946
-3%
|
191 389
-1%
|
193 700
+1%
|
172 314
-11%
|
200 249
+16%
|
204 634
+2%
|
206 495
+1%
|
215 574
+4%
|
221 185
+3%
|
231 641
+5%
|
240 406
+4%
|
253 029
+5%
|
248 194
-2%
|
252 767
+2%
|
252 866
+0%
|
252 371
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(70 492)
|
(71 599)
|
(72 692)
|
(75 264)
|
(76 765)
|
(76 708)
|
(75 787)
|
(77 091)
|
(75 357)
|
(74 171)
|
(75 406)
|
(71 574)
|
(66 376)
|
(67 368)
|
(64 521)
|
(65 304)
|
(70 136)
|
(73 123)
|
(76 657)
|
(80 996)
|
(85 090)
|
(88 419)
|
(88 825)
|
(90 122)
|
(95 992)
|
(97 048)
|
(96 953)
|
(97 385)
|
(88 663)
|
(88 667)
|
(89 113)
|
(89 140)
|
(92 693)
|
(96 059)
|
(97 868)
|
(101 498)
|
(106 190)
|
(107 083)
|
(106 236)
|
(102 076)
|
(101 334)
|
|
Gross Profit |
64 401
N/A
|
68 190
+6%
|
60 353
-11%
|
58 509
-3%
|
60 117
+3%
|
59 612
-1%
|
64 493
+8%
|
62 515
-3%
|
68 489
+10%
|
68 102
-1%
|
76 478
+12%
|
78 724
+3%
|
77 496
-2%
|
78 867
+2%
|
76 460
-3%
|
81 438
+7%
|
75 500
-7%
|
77 861
+3%
|
74 082
-5%
|
76 759
+4%
|
76 832
+0%
|
80 998
+5%
|
86 243
+6%
|
85 449
-1%
|
103 394
+21%
|
95 899
-7%
|
94 437
-2%
|
96 316
+2%
|
83 650
-13%
|
111 582
+33%
|
115 521
+4%
|
117 354
+2%
|
122 881
+5%
|
125 126
+2%
|
133 773
+7%
|
138 908
+4%
|
146 839
+6%
|
141 111
-4%
|
146 531
+4%
|
150 790
+3%
|
151 037
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(45 427)
|
(45 456)
|
(44 340)
|
(41 315)
|
(43 421)
|
(42 936)
|
(41 533)
|
(41 444)
|
(40 048)
|
(43 316)
|
(41 554)
|
(40 187)
|
(42 036)
|
(41 857)
|
(41 802)
|
(47 970)
|
(49 742)
|
(59 265)
|
(64 368)
|
(66 687)
|
(66 500)
|
(66 230)
|
(67 710)
|
(69 489)
|
(81 457)
|
(92 694)
|
(97 395)
|
(103 480)
|
(98 507)
|
(105 031)
|
(106 601)
|
(111 974)
|
(115 138)
|
(120 804)
|
(128 045)
|
(133 152)
|
(143 292)
|
(155 695)
|
(156 844)
|
(160 719)
|
(156 848)
|
|
Selling, General & Administrative |
(42 499)
|
(42 306)
|
(39 325)
|
(37 630)
|
(37 680)
|
(36 787)
|
(36 746)
|
(37 103)
|
(36 682)
|
(37 625)
|
(37 842)
|
(36 860)
|
(38 642)
|
(38 372)
|
(38 023)
|
(41 976)
|
(44 904)
|
(53 599)
|
(58 023)
|
(59 743)
|
(58 339)
|
(54 758)
|
(55 852)
|
(57 133)
|
(66 522)
|
(71 439)
|
(73 451)
|
(76 044)
|
(77 388)
|
(80 625)
|
(81 362)
|
(83 451)
|
(88 514)
|
(94 078)
|
(103 642)
|
(110 205)
|
(119 420)
|
(126 842)
|
(128 945)
|
(130 570)
|
(124 046)
|
|
Research & Development |
(2 863)
|
(3 047)
|
(3 609)
|
(3 059)
|
(2 388)
|
(1 858)
|
(1 296)
|
0
|
(15)
|
0
|
0
|
0
|
(58)
|
(178)
|
(481)
|
(972)
|
(1 350)
|
(1 928)
|
(2 300)
|
(2 608)
|
(3 601)
|
(3 820)
|
(4 311)
|
(4 966)
|
(10 734)
|
(13 515)
|
(16 366)
|
(19 767)
|
(17 524)
|
(19 069)
|
(21 445)
|
(22 710)
|
(22 605)
|
(22 463)
|
(20 540)
|
(19 141)
|
(19 866)
|
(21 354)
|
(23 557)
|
(25 653)
|
(28 322)
|
|
Depreciation & Amortization |
(65)
|
(102)
|
(944)
|
(121)
|
(3 353)
|
(3 497)
|
(3 491)
|
(3 416)
|
(3 351)
|
(3 320)
|
(3 313)
|
(3 326)
|
(3 337)
|
(3 306)
|
(3 297)
|
(3 284)
|
(3 489)
|
(3 770)
|
(4 046)
|
(4 337)
|
(4 559)
|
(4 600)
|
(4 494)
|
(4 337)
|
(4 201)
|
(4 142)
|
(3 980)
|
(4 071)
|
(3 596)
|
(3 584)
|
(3 795)
|
(3 738)
|
(4 020)
|
(3 895)
|
(3 818)
|
(3 806)
|
(4 007)
|
(4 187)
|
(4 358)
|
(4 511)
|
(4 480)
|
|
Other Operating Expenses |
0
|
0
|
(462)
|
(505)
|
0
|
(794)
|
0
|
(925)
|
0
|
(2 371)
|
(399)
|
0
|
0
|
0
|
0
|
(1 738)
|
0
|
32
|
0
|
0
|
0
|
(3 052)
|
(3 053)
|
(3 053)
|
0
|
(3 598)
|
(3 598)
|
(3 598)
|
0
|
(1 753)
|
0
|
(2 075)
|
0
|
(368)
|
(45)
|
0
|
0
|
(3 311)
|
15
|
15
|
0
|
|
Operating Income |
18 974
N/A
|
22 735
+20%
|
16 013
-30%
|
17 193
+7%
|
16 696
-3%
|
16 676
0%
|
22 960
+38%
|
21 071
-8%
|
28 441
+35%
|
24 785
-13%
|
34 924
+41%
|
38 537
+10%
|
35 460
-8%
|
37 011
+4%
|
34 659
-6%
|
33 469
-3%
|
25 757
-23%
|
18 596
-28%
|
9 714
-48%
|
10 071
+4%
|
10 332
+3%
|
14 768
+43%
|
18 533
+25%
|
15 962
-14%
|
21 937
+37%
|
3 205
-85%
|
(2 958)
N/A
|
(7 165)
-142%
|
(14 856)
-107%
|
6 551
N/A
|
8 920
+36%
|
5 381
-40%
|
7 742
+44%
|
4 321
-44%
|
5 728
+33%
|
5 755
+0%
|
3 546
-38%
|
(14 584)
N/A
|
(10 313)
+29%
|
(9 929)
+4%
|
(5 811)
+41%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(369)
|
(165)
|
86
|
(770)
|
(263)
|
(578)
|
(363)
|
(111)
|
(174)
|
119
|
266
|
334
|
449
|
628
|
518
|
739
|
1 008
|
880
|
858
|
645
|
613
|
559
|
607
|
608
|
1 634
|
1 674
|
1 470
|
1 893
|
(249)
|
(119)
|
(45)
|
43
|
878
|
665
|
635
|
346
|
152
|
122
|
(58)
|
(198)
|
103
|
|
Non-Reccuring Items |
(589)
|
(461)
|
0
|
0
|
(922)
|
0
|
(2 766)
|
(3 165)
|
(2 372)
|
0
|
0
|
(206)
|
(770)
|
(1 976)
|
(1 944)
|
0
|
(1 556)
|
0
|
0
|
0
|
(3 053)
|
0
|
0
|
0
|
(3 598)
|
0
|
0
|
0
|
(1 753)
|
0
|
(2 075)
|
0
|
(368)
|
0
|
0
|
(57)
|
(3 326)
|
0
|
(3 372)
|
(2 907)
|
(7 561)
|
|
Gain/Loss on Disposition of Assets |
669
|
0
|
0
|
0
|
(34)
|
0
|
(16)
|
0
|
(3)
|
41
|
0
|
27
|
33
|
0
|
0
|
0
|
0
|
6
|
7
|
(12)
|
10
|
(46)
|
(47)
|
(28)
|
961
|
1 012
|
1 012
|
1 012
|
3
|
(4)
|
(4)
|
(41)
|
(38)
|
(32)
|
(31)
|
5
|
(73)
|
(46)
|
(27)
|
(590)
|
(509)
|
|
Total Other Income |
474
|
(390)
|
(957)
|
(1 049)
|
(796)
|
(707)
|
(648)
|
(440)
|
(2 840)
|
(3 097)
|
(4 744)
|
(4 947)
|
(2 030)
|
(2 354)
|
(594)
|
(262)
|
(893)
|
(1 292)
|
(1 651)
|
(2 329)
|
(1 864)
|
(903)
|
(286)
|
26
|
222
|
207
|
(784)
|
(466)
|
(59)
|
(93)
|
2 081
|
1 029
|
540
|
495
|
(1 424)
|
(297)
|
32
|
106
|
365
|
24
|
240
|
|
Pre-Tax Income |
19 160
N/A
|
21 719
+13%
|
15 142
-30%
|
15 373
+2%
|
14 680
-5%
|
15 391
+5%
|
19 167
+25%
|
17 355
-9%
|
23 052
+33%
|
21 849
-5%
|
30 446
+39%
|
33 744
+11%
|
33 141
-2%
|
33 309
+1%
|
32 639
-2%
|
33 946
+4%
|
24 316
-28%
|
18 190
-25%
|
8 928
-51%
|
8 375
-6%
|
6 038
-28%
|
14 376
+138%
|
18 807
+31%
|
16 568
-12%
|
21 156
+28%
|
6 096
-71%
|
(1 262)
N/A
|
(4 726)
-274%
|
(16 913)
-258%
|
6 336
N/A
|
8 877
+40%
|
6 412
-28%
|
8 755
+37%
|
5 450
-38%
|
4 908
-10%
|
5 753
+17%
|
331
-94%
|
(14 402)
N/A
|
(13 405)
+7%
|
(13 599)
-1%
|
(13 537)
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5 720)
|
(6 389)
|
(4 885)
|
(5 615)
|
(4 191)
|
(4 085)
|
(5 516)
|
(4 766)
|
(6 180)
|
(5 855)
|
(7 109)
|
(7 210)
|
(7 523)
|
(7 534)
|
(7 608)
|
(8 659)
|
(6 257)
|
(6 378)
|
(5 086)
|
(5 075)
|
(3 710)
|
(4 893)
|
(5 171)
|
(5 009)
|
(10 000)
|
(7 126)
|
(6 038)
|
(5 326)
|
2 009
|
(2 828)
|
(2 696)
|
(2 260)
|
(2 721)
|
(3 481)
|
(369)
|
(2 147)
|
(1 353)
|
2 808
|
1 011
|
3 512
|
1 178
|
|
Income from Continuing Operations |
13 440
|
15 330
|
10 258
|
9 760
|
10 489
|
11 306
|
13 650
|
12 586
|
16 873
|
15 993
|
23 336
|
26 534
|
25 618
|
25 775
|
25 031
|
25 287
|
18 059
|
11 812
|
3 843
|
3 301
|
2 328
|
9 485
|
13 637
|
11 560
|
11 156
|
(1 029)
|
(7 299)
|
(10 051)
|
(14 904)
|
3 508
|
6 181
|
4 152
|
6 034
|
1 968
|
4 540
|
3 605
|
(1 022)
|
(11 594)
|
(12 394)
|
(10 087)
|
(12 359)
|
|
Income to Minority Interest |
291
|
364
|
698
|
843
|
460
|
170
|
47
|
(69)
|
(49)
|
(11)
|
(30)
|
(21)
|
(14)
|
(23)
|
(18)
|
(13)
|
23
|
97
|
94
|
79
|
115
|
64
|
58
|
60
|
126
|
120
|
110
|
102
|
61
|
45
|
31
|
23
|
17
|
12
|
13
|
16
|
6
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
13 732
N/A
|
15 696
+14%
|
10 958
-30%
|
10 605
-3%
|
10 949
+3%
|
11 477
+5%
|
13 698
+19%
|
12 518
-9%
|
16 823
+34%
|
15 983
-5%
|
23 307
+46%
|
26 514
+14%
|
25 604
-3%
|
25 751
+1%
|
25 012
-3%
|
25 273
+1%
|
18 082
-28%
|
11 909
-34%
|
3 936
-67%
|
3 379
-14%
|
2 442
-28%
|
9 548
+291%
|
13 696
+43%
|
11 597
-15%
|
11 283
-3%
|
(908)
N/A
|
(7 189)
-692%
|
(9 926)
-38%
|
(14 843)
-50%
|
3 552
N/A
|
6 211
+75%
|
4 176
-33%
|
6 051
+45%
|
1 980
-67%
|
4 553
+130%
|
3 621
-20%
|
(1 016)
N/A
|
(11 594)
-1 041%
|
(12 394)
-7%
|
(10 087)
+19%
|
(12 359)
-23%
|
|
EPS (Diluted) |
1 056.3
N/A
|
1 207.38
+14%
|
842.92
-30%
|
883.75
+5%
|
912.41
+3%
|
882.84
-3%
|
1 141.5
+29%
|
1 043.16
-9%
|
1 401.91
+34%
|
1 331.91
-5%
|
1 942.25
+46%
|
2 209.5
+14%
|
2 133.66
-3%
|
2 145.91
+1%
|
2 084.33
-3%
|
2 106.08
+1%
|
1 506.83
-28%
|
992.41
-34%
|
328
-67%
|
281.58
-14%
|
203.5
-28%
|
795.66
+291%
|
1 141.33
+43%
|
966.41
-15%
|
940.25
-3%
|
-75.66
N/A
|
-599.08
-692%
|
-827.16
-38%
|
-1 236.91
-50%
|
289.89
N/A
|
506.96
+75%
|
340.83
-33%
|
493.92
+45%
|
161.6
-67%
|
371.61
+130%
|
295.56
-20%
|
-82.91
N/A
|
-946.37
-1 041%
|
-1 011.66
-7%
|
-823.32
+19%
|
-1 008.78
-23%
|