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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	12,705	12,858	14,541	15,274	13,104	10,213
Other Revenue	1	1	2.68	0.82	-	-
Revenue	12,706	12,859	14,544	15,274	13,104	10,213
Revenue Growth (YoY)	-9.83%	-11.58%	-4.78%	16.56%	28.30%	-4.07%
Cost of Revenue	11,600	11,793	13,483	14,305	11,969	9,143
Gross Profit	1,105	1,066	1,061	969.27	1,135	1,070
Selling, General & Admin	601.18	598.39	598.8	601.37	590.45	573.48
Research & Development	43.62	43.26	41.89	38.58	36.72	35.12
Other Operating Expenses	0.04	2.1	-0.38	1.51	0.03	0.31
Operating Expenses	647.72	642.12	640.32	640.43	626.32	605.21
Operating Income	457.7	424.11	420.28	328.84	508.94	465.21
Interest Expense	-87.82	-77.61	-74.75	-54.9	-25.34	-28.69
Interest & Investment Income	10.25	10.22	6.92	3.7	3.98	10.66
Earnings From Equity Investments	61.43	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)	27.81	40.04	41.29	3.45	5.57	6.78
EBT Excluding Unusual Items	469.38	450.42	447.29	389.76	574.65	520.22
Gain (Loss) on Sale of Assets	-	-	-	0.52	0.06	0.6
Asset Writedown	51	51	42.79	31.45	21.84	42.35
Pretax Income	520.38	501.42	490.08	421.73	596.55	563.17
Income Tax Expense	113.16	108.95	80.88	74.58	109.7	145.39
Earnings From Continuing Operations	407.22	392.47	409.2	347.15	486.85	417.79
Minority Interest in Earnings	-48.43	-48.49	-41.32	21.85	-33.74	-42.03
Net Income	358.79	343.99	367.88	368.99	453.11	375.76
Net Income to Common	358.79	343.99	367.88	368.99	453.11	375.76
Net Income Growth	-4.16%	-6.49%	-0.30%	-18.57%	20.59%	10.84%
Shares Outstanding (Basic)	229	230	230	230	230	230
Shares Outstanding (Diluted)	231	230	230	230	230	230
Shares Change (YoY)	0.31%	0.02%	-0.01%	-0.03%	-0.02%	0.02%
EPS (Basic)	1.57	1.50	1.60	1.61	1.97	1.64
EPS (Diluted)	1.56	1.50	1.60	1.61	1.97	1.64
EPS Growth	-4.31%	-6.38%	-0.43%	-18.49%	20.48%	10.85%
Free Cash Flow	786.49	870.02	939.04	-226.82	-928.66	86.31
Free Cash Flow Per Share	3.41	3.79	4.09	-0.99	-4.04	0.38
Dividend Per Share	-	0.140	1.400	1.429	1.524	1.333
Dividend Growth	-	-90.00%	-2.00%	-6.25%	14.29%	7.69%
Gross Margin	8.70%	8.29%	7.29%	6.35%	8.66%	10.48%
Operating Margin	3.60%	3.30%	2.89%	2.15%	3.88%	4.55%
Profit Margin	2.82%	2.67%	2.53%	2.42%	3.46%	3.68%
Free Cash Flow Margin	6.19%	6.77%	6.46%	-1.49%	-7.09%	0.84%
EBITDA	646.47	609.62	597.77	490.47	623.45	579.88
EBITDA Margin	5.09%	4.74%	4.11%	3.21%	4.76%	5.68%
D&A For EBITDA	188.77	185.52	177.48	161.64	114.5	114.67
EBIT	457.7	424.11	420.28	328.84	508.94	465.21
EBIT Margin	3.60%	3.30%	2.89%	2.15%	3.88%	4.55%
Effective Tax Rate	21.75%	21.73%	16.50%	17.68%	18.39%	25.81%
Revenue as Reported	12,706	12,859	14,544	15,274	13,104	10,213

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