AGV Products Corporation (TPE:1217)

AGV Products Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,085	5,116	4,900	4,801	4,711	4,614
Revenue Growth (YoY)	1.61%	4.40%	2.07%	1.91%	2.09%	3.27%
Cost of Revenue	3,675	3,663	3,486	3,364	3,251	3,095
Gross Profit	1,410	1,453	1,414	1,437	1,459	1,519
Selling, General & Admin	1,248	1,255	1,240	1,221	1,243	1,266
Research & Development	60.6	58.33	48.17	48.55	52.28	41.89
Operating Expenses	1,310	1,313	1,290	1,270	1,296	1,349
Operating Income	100.58	139.25	123.55	166.62	163.52	169.64
Interest Expense	-131.37	-128.62	-125.05	-111.81	-104.05	-109.7
Interest & Investment Income	23.94	25.53	21.25	21.61	33.09	16.26
Earnings From Equity Investments	95.47	219.77	187.99	108.16	165.16	175.58
Currency Exchange Gain (Loss)	-5.55	-5.32	-3.66	-54.45	13.61	33.15
Other Non Operating Income (Expenses)	28.31	28.67	17.45	15.94	7.12	-0.36
EBT Excluding Unusual Items	111.38	279.28	221.52	146.06	278.44	284.56
Gain (Loss) on Sale of Investments	14.23	61.66	5.74	172.69	10.12	4.67
Gain (Loss) on Sale of Assets	-0.38	-0.68	-0.16	-4.27	-0.33	-0.25
Asset Writedown	22.01	22.01	33.64	-11.25	-2.99	21.33
Other Unusual Items	-	-	0.01	0.03	-	-
Pretax Income	147.24	362.27	260.74	303.26	285.24	310.31
Income Tax Expense	2.85	59	43.14	15.47	68.08	60.92
Earnings From Continuing Operations	144.39	303.27	217.6	287.79	217.17	249.39
Net Income to Company	144.39	303.27	217.6	287.79	217.17	249.39
Minority Interest in Earnings	-12.01	-16.33	-16.66	-9.9	-15.99	-16.49
Net Income	132.38	286.94	200.94	277.89	201.18	232.9
Net Income to Common	132.38	286.94	200.94	277.89	201.18	232.9
Net Income Growth	-60.30%	42.80%	-27.69%	38.13%	-13.62%	384.52%
Shares Outstanding (Basic)	495	495	495	495	495	495
Shares Outstanding (Diluted)	495	495	495	495	495	495
Shares Change (YoY)	0.11%	0.13%	-0.01%	0.01%	0.00%	0.05%
EPS (Basic)	0.27	0.58	0.41	0.56	0.41	0.47
EPS (Diluted)	0.27	0.58	0.41	0.56	0.41	0.47
EPS Growth	-60.05%	42.74%	-27.44%	37.65%	-13.44%	383.52%
Free Cash Flow	205.28	512.36	308.76	66.3	-4.32	446.58
Free Cash Flow Per Share	0.41	1.03	0.62	0.13	-0.01	0.90
Dividend Per Share	0.370	0.370	0.230	0.400	0.300	-
Dividend Growth	60.87%	60.87%	-42.50%	33.33%	-	-
Gross Margin	27.73%	28.39%	28.85%	29.93%	30.98%	32.92%
Operating Margin	1.98%	2.72%	2.52%	3.47%	3.47%	3.68%
Profit Margin	2.60%	5.61%	4.10%	5.79%	4.27%	5.05%
Free Cash Flow Margin	4.04%	10.02%	6.30%	1.38%	-0.09%	9.68%
EBITDA	219.54	252.08	230.92	275.78	278.75	286.4
EBITDA Margin	4.32%	4.93%	4.71%	5.75%	5.92%	6.21%
D&A For EBITDA	118.96	112.83	107.38	109.16	115.24	116.76
EBIT	100.58	139.25	123.55	166.62	163.52	169.64
EBIT Margin	1.98%	2.72%	2.52%	3.47%	3.47%	3.68%
Effective Tax Rate	1.94%	16.29%	16.55%	5.10%	23.87%	19.63%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.