SKM Q2 2018 Earnings Report — SK Telecom Co.,Ltd Revenue & Financial Results | Market Cap Arena

SK Telecom Co.,LtdSKM

Q2 2018 Earnings

Reported June 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$2.8B	$2.8B	—	-0.7%	—
Op. Income	$234M	$220M	—	6.6%	—
Gross Margin	83.3%	83.1%	—	0.2pp	—
Net Margin	22.1%	16.6%	—	5.4pp	—
EPS (Diluted)	$1.57	$1.22	—	29.5%	—
Free Cash Flow	$507M	$220M	—	130.6%	—

Revenue Flow

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$469M
GROSS PROFIT	$2.3B
R&D Expenses	$66M
Selling & Marketing	$75M
General & Administrative	$456M
SG&A Expenses	$530M
Other Expenses	$1.5B
Operating Expenses	$2.1B
Cost & Expenses	$2.6B
OPERATING INCOME	$234M
Interest Income	$13M
Interest Expense	$50M
Other Income/Expenses	$551M
INCOME BEFORE TAX	$785M
Income Tax Expense	$168M
Net Income from Continuing Ops	$617M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$619M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$613M
D&A	$544M
EBIT	$834M
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$469M
GROSS PROFIT	$2.3B
R&D Expenses	$66M
Selling & Marketing	$75M
General & Administrative	$456M
SG&A Expenses	$530M
Other Expenses	$1.5B
Operating Expenses	$2.1B
Cost & Expenses	$2.6B
OPERATING INCOME	$234M
Interest Income	$13M
Interest Expense	$50M
Other Income/Expenses	$551M
INCOME BEFORE TAX	$785M
Income Tax Expense	$168M
Net Income from Continuing Ops	$617M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$619M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$613M
D&A	$544M
EBIT	$834M
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$617M
Depreciation & Amortization	$544M
Stock-Based Compensation	$136.4K
Deferred Income Tax	$168M
Other Non-Cash Items	-$595M
Change in Working Capital	$89M
OPERATING CASH FLOW	$824M
Capital Expenditure	-$317M
Acquisitions (Net)	-$51M
Purchases of Investments	-$2M
Sales/Maturities of Investments	$73M
Other Investing Activities	$11M
NET CASH FROM INVESTING	-$286M
Net Debt Issuance	-$146M
Common Stock Repurchased	$0
Common Dividends Paid	-$429M
Other Financing Activities	-$25M
NET CASH FROM FINANCING	-$600M
FREE CASH FLOW	$507M
Net Change in Cash	-$60M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.2B
Short-Term Investments	$364M
Net Receivables	$2.2B
Inventory	$175M
Other Current Assets	$44M
TOTAL CURRENT ASSETS	$5.3B
PP&E (Net)	$6.4B
Goodwill	$1.3B
Intangible Assets	$2.3B
Long-Term Investments	$8.1B
Tax Assets	$55M
Other Non-Current Assets	$1.0B
TOTAL NON-CURRENT ASSETS	$19.3B
TOTAL ASSETS	$24.5B
Account Payables	$178M
Short-Term Debt	$688M
Deferred Revenue	$77M
Other Current Liabilities	$32M
TOTAL CURRENT LIABILITIES	$3.9B
Long-Term Debt	$4.5B
Deferred Revenue NC	$14M
Deferred Tax Liabilities	$1.2B
Other Non-Current Liabilities	$832M
TOTAL NON-CURRENT LIABILITIES	$6.5B
TOTAL LIABILITIES	$10.4B
Common Stock	$30M
Additional Paid-In Capital	$2.0B
Retained Earnings	$14.0B
Treasury Stock	-$1.5B
Accum. Other Comp. Income	-$192M
Other Equity	-$314M
TOTAL STOCKHOLDERS' EQUITY	$14.0B
Minority Interest	$138M
TOTAL EQUITY	$14.1B
TOTAL LIABILITIES & EQUITY	$24.5B
Total Debt	$5.1B
Net Debt	$3.9B