Formosa Oilseed Processing Co., Ltd. (TPE:1225)

TPE:1225 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	12,651	12,858	14,541	15,274	13,104	10,213
Other Revenue	0.84	1	2.68	0.82	-	-
Revenue	12,652	12,859	14,544	15,274	13,104	10,213
Revenue Growth (YoY)	-7.31%	-11.58%	-4.78%	16.56%	28.30%	-4.07%
Cost of Revenue	11,591	11,793	13,483	14,305	11,969	9,143
Gross Profit	1,061	1,066	1,061	969.27	1,135	1,070
Selling, General & Admin	598.99	598.39	598.8	601.37	590.45	573.48
Research & Development	43.25	43.26	41.89	38.58	36.72	35.12
Other Operating Expenses	-2.18	2.1	-0.38	1.51	0.03	0.31
Operating Expenses	643.35	642.12	640.32	640.43	626.32	605.21
Operating Income	418.05	424.11	420.28	328.84	508.94	465.21
Interest Expense	-91.36	-77.61	-74.75	-54.9	-25.34	-28.69
Interest & Investment Income	12.59	10.22	6.92	3.7	3.98	10.66
Earnings From Equity Investments	60.24	53.67	53.55	57.23	42.02	39.66
Currency Exchange Gain (Loss)	-	-	-	51.45	39.49	26.6
Other Non Operating Income (Expenses)	41.62	40.04	41.29	3.45	5.57	6.78
EBT Excluding Unusual Items	441.14	450.42	447.29	389.76	574.65	520.22
Gain (Loss) on Sale of Assets	-	-	-	0.52	0.06	0.6
Asset Writedown	48.78	51	42.79	31.45	21.84	42.35
Pretax Income	489.92	501.42	490.08	421.73	596.55	563.17
Income Tax Expense	113.97	108.95	80.88	74.58	109.7	145.39
Earnings From Continuing Operations	375.95	392.47	409.2	347.15	486.85	417.79
Minority Interest in Earnings	-54.17	-48.49	-41.32	21.85	-33.74	-42.03
Net Income	321.79	343.99	367.88	368.99	453.11	375.76
Net Income to Common	321.79	343.99	367.88	368.99	453.11	375.76
Net Income Growth	-31.51%	-6.49%	-0.30%	-18.57%	20.59%	10.84%
Shares Outstanding (Basic)	230	230	230	230	230	230
Shares Outstanding (Diluted)	230	230	230	230	230	230
Shares Change (YoY)	0.25%	0.02%	-0.01%	-0.03%	-0.02%	0.02%
EPS (Basic)	1.40	1.50	1.60	1.61	1.97	1.64
EPS (Diluted)	1.40	1.50	1.60	1.61	1.97	1.64
EPS Growth	-31.45%	-6.38%	-0.43%	-18.49%	20.48%	10.85%
Free Cash Flow	1,284	870.02	939.04	-226.82	-928.66	86.31
Free Cash Flow Per Share	5.57	3.79	4.09	-0.99	-4.04	0.38
Dividend Per Share	0.140	0.140	1.400	1.429	1.524	1.333
Dividend Growth	-90.00%	-90.00%	-2.00%	-6.25%	14.29%	7.69%
Gross Margin	8.39%	8.29%	7.29%	6.35%	8.66%	10.48%
Operating Margin	3.30%	3.30%	2.89%	2.15%	3.88%	4.55%
Profit Margin	2.54%	2.67%	2.53%	2.42%	3.46%	3.68%
Free Cash Flow Margin	10.15%	6.77%	6.46%	-1.49%	-7.09%	0.84%
EBITDA	611.18	609.62	597.77	490.47	623.45	579.88
EBITDA Margin	4.83%	4.74%	4.11%	3.21%	4.76%	5.68%
D&A For EBITDA	193.12	185.52	177.48	161.64	114.5	114.67
EBIT	418.05	424.11	420.28	328.84	508.94	465.21
EBIT Margin	3.30%	3.30%	2.89%	2.15%	3.88%	4.55%
Effective Tax Rate	23.26%	21.73%	16.50%	17.68%	18.39%	25.81%
Revenue as Reported	12,652	12,859	14,544	15,274	13,104	10,213

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