Replies to post #42280 on Coretec Group Inc (CRTG)

[iamthe walrus]

And they had legal legal issues and from all the charts you look at isMedia 181340 .KQ stopped trading in March of 2022 . So they may have become private again and that changes reporting of income publically ?? But those legal issues could be why they dropped off the Korean exchange which could have led to financial troubles. Core Optics might have gotten a really good deal in the purchase of isMedias product line , IP and Korean operations because of all that . Core Optics was born just for that cause . Dr Kim and Core Optics knew what they were doing and why i trust their business instincts to form a company to make this purchase. I think he has probably reorganized the whole business operation and is doing well with it. We will learn more about the new companies business operations and financial condition soon enough when this merger closes.

[iamthe walrus]

Ilooked at the 2019 financials revenue as well they looked good as well i just put ismedia in the box and the dates i wanted and it brought up all the years . Some were not out there like 2023 time frame after they stopped trading they were just blank


https://englishdart.fss.or.kr/dsbd002/main.do

[iamthe walrus]

2019 looked good from the yearly report ...pandemic year dropped 2019 revenue was 50 million US or 67 billion WON currency its easier to just go to the site and read it all the numbers are cramed in together when its posted like this its organized to read at the site

https://englishdart.fss.or.kr/dsbd002/main.do

Consolidated Statement of Comprehensive Income
FY 2021 From 01/01/2021 To 12/31/2021
FY 2020 From 01/01/2020 To 12/31/2020
FY 2019 From 01/01/2019 To 12/31/2019
(Unit : KRW)
FY 2021 FY 2020 FY 2019
Revenue(Sales) 47,540,436,629 21,967,038,495 67,147,272,930
Cost of sales 38,126,938,161 28,018,328,581 57,112,739,711
Gross profit 9,413,498,468 (6,051,290,086) 10,034,533,219
Selling general administrative expenses 27,335,721,814 8,511,285,919 12,674,901,225
Operating income(loss) (17,922,223,346) (14,562,576,005) (2,640,368,006)
Other gains 1,048,195,236 617,832,660 1,374,217,678
Other losses 522,998,856 1,400,084,423 568,653,940
Finance income 187,661,040 263,459,492 340,757,538
Finance costs 2,648,500,968 474,046,838 679,841,934
Profit (loss) before tax (19,857,866,894) (15,555,415,114) (2,173,888,664)
Income tax expense 814,513 2,368,427,646 (406,200,143)
Profit (loss) (19,858,681,407) (17,923,842,760) (1,767,688,521)
Other comprehensive income 7,689,051,770 213,090,516 (220,043,138)
Other comprehensive income that will not be reclassified to profit or loss, net of tax 884,154,869 266,615,573 (297,280,293)
Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans 884,154,869 266,615,573 (297,280,293)
Other comprehensive income, net of tax, gains (losses) on revaluation 6,716,504,350 0 0
Other comprehensive income that will be reclassified to profit or loss, net of tax 88,392,551 (53,525,057) 77,237,155
Gains (losses) on exchange differences on translation, net of tax 88,392,551 (53,525,057) 77,237,155
Total comprehensive income (12,169,629,637) (17,710,752,244) (1,987,731,659)
Profit (loss), attributable to
Profit (loss), attributable to owners of parent (19,858,681,407) (17,923,842,760) (1,767,688,521)
Profit (loss), attributable to non-controlling interests 0 0 0
Comprehensive income attributable to
Comprehensive income, attributable to owners of parent (12,169,629,637) (17,710,752,244) (1,987,731,659)
Comprehensive income, attributable to non-controlling interests 0 0 0
Earnings per share
Basic earnings (loss) per share (Unit : KRW) (1,452) (1,312) (259)
Diluted earnings (loss) per share (Unit : KRW) (1,452) (1,312) (259)