Visang Education Inc
Visang Education Inc publishes elementary, middle, and high school textbooks in South Korea. The company offers Wings, an interactive English program; Challenge, an English learning program with AR/MR technology; englisheye, an English academy;
Publishing
KR, Seoul [HQ]
100220.KS/Financial Reporting
Income Statements
15 Sheets · Starting from 2009In Million KRW. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 85,729.00 | 97,026.00 | 139,386.00 | 144,564.00 | 134,893.00 | 136,882.00 | 143,846.00 | 143,872.00 | 145,635.00 | 161,921.00 | 199,386.00 | 172,313.00 | 215,573.00 | 253,028.00 | 252,371.00 | |
|
EPS
|
940.92 | 1,066.45 | 1,041.08 | 1,352.00 | 1,092.00 | 880.00 | 1,374.00 | 2,092.00 | 1,477.00 | 199.47 | 921.00 | -1,217.01 | 494.00 | -83.39 | -1,008.78 | |
| Diluted in mil. | 933.46 | 1,064.64 | 1,041.08 | 1,352.00 | 1,092.00 | 880.00 | 1,374.00 | 2,092.00 | 1,477.00 | 199.00 | 921.00 | -1,217.01 | 494.00 | -83.39 | -1,008.78 | |
|
Profit
|
44,489.00 | 46,982.00 | 67,607.00 | 74,020.00 | 65,453.00 | 60,117.00 | 68,489.00 | 77,496.00 | 75,499.00 | 76,831.00 | 103,393.00 | 83,650.00 | 122,880.00 | 146,838.00 | 146,556.00 | |
| Gross Margin | 51.89 | 48.42 | 48.50 | 51.20 | 48.52 | 43.92 | 47.61 | 53.86 | 51.84 | 47.45 | 51.86 | 48.55 | 57.00 | 58.03 | 58.07 | |
| Pre Tax | 17,117.00 | 14,200.00 | 15,999.00 | 19,470.00 | 19,160.00 | 14,680.00 | 23,052.00 | 33,141.00 | 24,316.00 | 6,037.00 | 21,156.00 | -16,913.00 | 8,754.00 | 331.00 | -13,878.00 | |
| Profit Margin | 19.97 | 14.64 | 11.48 | 13.47 | 14.20 | 10.72 | 16.03 | 23.04 | 16.70 | 3.73 | 10.61 | -9.82 | 4.06 | 0.13 | -5.50 | |
| ETR | 30.99 | 22.31 | 18.03 | 13.34 | 29.85 | 28.55 | 26.81 | 22.70 | 25.73 | 61.45 | 47.27 | 11.88 | 31.08 | 408.57 | 8.49 | |
| Net | 11,813.00 | 11,032.00 | 13,073.00 | 16,978.00 | 13,731.00 | 10,948.00 | 16,823.00 | 25,604.00 | 18,081.00 | 2,442.00 | 11,282.00 | -14,904.00 | 6,051.00 | -1,021.00 | -12,359.00 | |
| Profit Margin | 13.78 | 11.37 | 9.38 | 11.74 | 10.18 | 8.00 | 11.70 | 17.80 | 12.42 | 1.51 | 5.66 | -8.65 | 2.81 | -0.40 | -4.90 | |
| EBITDA | 20,851.00 | 18,488.00 | 23,667.00 | 29,880.00 | 28,456.00 | 29,365.00 | 41,473.00 | 45,232.00 | 36,784.00 | 28,499.00 | 41,714.00 | 1,529.00 | 25,593.00 | 146,838.00 | 7,308.00 | |
| EBITDA Margin | 24.32 | 19.06 | 16.98 | 20.67 | 21.10 | 21.45 | 28.83 | 31.44 | 25.26 | 17.60 | 20.92 | 0.89 | 11.87 | 58.03 | 2.90 | |
| Operating Income | 20,787.00 | 17,197.00 | 15,382.00 | 21,438.00 | 18,974.00 | 16,696.00 | 28,441.00 | 35,459.00 | 25,757.00 | 10,331.00 | 21,937.00 | -14,310.00 | 7,742.00 | 3,546.00 | -5,883.00 | |
| Operating Margin | 24.25 | 17.72 | 11.04 | 14.83 | 14.07 | 12.20 | 19.77 | 24.65 | 17.69 | 6.38 | 11.00 | -8.30 | 3.59 | 1.40 | -2.33 | |
| Interest Income | 1,437.00 | 1,172.00 | 1,124.00 | 1,434.00 | 484.00 | 455.00 | 347.00 | 452.00 | 578.00 | 456.00 | 2,516.00 | 335.00 | 369.00 | 626.00 | 976.00 | |
| Loss | -64,942.00 | -79,828.00 | -123,854.00 | -123,126.00 | -115,919.00 | -120,185.00 | -115,398.00 | -108,412.00 | -119,878.00 | -151,586.00 | -176,768.00 | -186,945.00 | -207,552.00 | -106,189.00 | -258,255.00 | |
| Cost of Revenue | -41,240.00 | -50,043.00 | -71,778.00 | -70,544.00 | -69,440.00 | -76,764.00 | -75,356.00 | -66,375.00 | -70,135.00 | -85,089.00 | -95,992.00 | -88,663.00 | -92,693.00 | -106,189.00 | -105,814.00 | |
|
Operating Expenses
|
-23,701.00 | -29,784.00 | -52,076.00 | -52,582.00 | -46,478.00 | -43,420.00 | -40,041.00 | -42,036.00 | -49,742.00 | -66,496.00 | -80,776.00 | -98,282.00 | -114,859.00 | -143,227.00 | -152,440.00 | |
| R&D | -328.00 | -53.00 | -37.00 | -215.00 | -3,559.00 | -2,388.00 | -15.00 | -57.00 | -1,349.00 | -3,601.00 | -10,733.00 | -17,523.00 | -22,604.00 | -19,865.00 | -28,321.00 | |
| G&A | -863.00 | -932.00 | -3,595.00 | -3,662.00 | -2,795.00 | -2,705.00 | -1,697.00 | -2,323.00 | -5,466.00 | -4,322.00 | -5,050.00 | -6,052.00 | -6,564.00 | -143,292.00 | -9,543.00 | |
| SG&A | -14,784.00 | -19,711.00 | -32,557.00 | -29,888.00 | -25,191.00 | -22,930.00 | -21,237.00 | -23,619.00 | -27,103.00 | -38,776.00 | -44,686.00 | -55,972.00 | -63,210.00 | -143,292.00 | -122,339.00 | |
| S&M | -13,921.00 | -18,779.00 | -28,961.00 | -26,226.00 | -22,396.00 | -20,225.00 | -19,540.00 | -21,295.00 | -21,637.00 | -34,454.00 | -39,636.00 | -49,919.00 | -56,645.00 | -78,374.00 | -78,775.00 | |
| Depreciation and Amortization | -2,648.00 | -3,463.00 | -6,984.00 | -7,847.00 | -8,258.00 | -11,781.00 | -12,003.00 | -11,011.00 | -10,823.00 | -17,192.00 | -16,194.00 | -15,839.00 | -16,353.00 | -17,254.00 | -13,192.00 | |
| Interest Expenses | -223.00 | -392.00 | -663.00 | -982.00 | -1,695.00 | -1,739.00 | -808.00 | -355.00 | -88.00 | -202.00 | -284.00 | -238.00 | -128.00 | -3,209.00 | -968.00 | |
| Other Expenses | -3,670.00 | -2,997.00 | -468.00 | -1,967.00 | -185.00 | -2,016.00 | -5,388.00 | -2,318.00 | -1,441.00 | -4,296.00 | -780.00 | -2,602.00 | -1,012.00 | -3,215.00 | -7,995.00 | |
|
WA Shares Outstanding
|
12.00 | 10.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | |
| Diluted | 12.00 | 10.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |