WT Microelectronics Co., Ltd. (LUX: WTMS)

WT Microelectronics Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	887,250	594,519	571,197	447,896	353,152	335,187
Revenue Growth (YoY)	57.79%	4.08%	27.53%	26.83%	5.36%	22.59%
Cost of Revenue	855,436	576,113	551,365	430,909	342,378	324,387
Gross Profit	31,814	18,406	19,832	16,987	10,774	10,800
Selling, General & Admin	17,897	9,443	7,394	5,818	5,048	5,138
Research & Development	881.82	755.45	654.85	608.56	385.97	407.1
Operating Expenses	18,849	10,206	8,050	6,430	5,458	5,547
Operating Income	12,965	8,200	11,783	10,557	5,316	5,253
Interest Expense	-2,953	-2,254	-1,437	-452.64	-570.51	-1,037
Interest & Investment Income	956.04	587.71	378.74	282.42	131.46	27.48
Earnings From Equity Investments	-26.54	-18.56	-15.78	-5.88	-30.88	-85.78
Currency Exchange Gain (Loss)	406.56	179.76	239.49	-11.87	324.23	63.06
Other Non Operating Income (Expenses)	-1,544	-1,509	-967.22	-208.63	-333.54	-911.31
EBT Excluding Unusual Items	9,804	5,186	9,981	10,161	4,837	3,310
Impairment of Goodwill	-	-	-	-	-46.01	-3.81
Gain (Loss) on Sale of Investments	-12	9.78	-54.44	19.3	8.8	-
Gain (Loss) on Sale of Assets	-	-	-15.49	-	-0.75	-0.29
Pretax Income	9,792	5,195	9,911	10,180	4,799	3,309
Income Tax Expense	2,225	1,217	2,311	2,325	1,004	777.84
Earnings From Continuing Operations	7,567	3,979	7,600	7,855	3,795	2,531
Minority Interest in Earnings	52.8	33.31	30.76	68.09	-0.4	-0.31
Net Income	7,620	4,012	7,631	7,923	3,794	2,531
Preferred Dividends & Other Adjustments	270	270	270	57.54	-	-
Net Income to Common	7,350	3,742	7,361	7,866	3,794	2,531
Net Income Growth	85.08%	-47.42%	-3.69%	108.83%	49.91%	-8.90%
Shares Outstanding (Basic)	1,029	883	855	790	727	585
Shares Outstanding (Diluted)	1,042	898	863	807	751	608
Shares Change (YoY)	16.62%	4.10%	6.89%	7.43%	23.63%	2.50%
EPS (Basic)	7.14	4.24	8.61	9.96	5.22	4.32
EPS (Diluted)	7.05	4.17	8.53	9.75	5.06	4.18
EPS Growth	63.61%	-51.14%	-12.48%	92.67%	21.07%	-11.33%
Free Cash Flow	31,123	40,800	-6,349	-13,151	-1,762	2,757
Free Cash Flow Per Share	29.86	45.44	-7.36	-16.30	-2.35	4.54
Dividend Per Share	1.800	1.800	4.300	5.500	3.200	2.776
Dividend Growth	-58.14%	-58.14%	-21.82%	71.88%	15.27%	18.07%
Gross Margin	3.59%	3.10%	3.47%	3.79%	3.05%	3.22%
Operating Margin	1.46%	1.38%	2.06%	2.36%	1.51%	1.57%
Profit Margin	0.83%	0.63%	1.29%	1.76%	1.07%	0.76%
Free Cash Flow Margin	3.51%	6.86%	-1.11%	-2.94%	-0.50%	0.82%
EBITDA	13,519	8,449	11,967	10,715	5,440	5,369
EBITDA Margin	1.52%	1.42%	2.10%	2.39%	1.54%	1.60%
D&A For EBITDA	553.66	248.81	184.28	157.44	124.3	116.13
EBIT	12,965	8,200	11,783	10,557	5,316	5,253
EBIT Margin	1.46%	1.38%	2.06%	2.36%	1.51%	1.57%
Effective Tax Rate	22.72%	23.42%	23.31%	22.84%	20.93%	23.51%

Source: S&P Capital IQ. Standard template. Financial Sources.