GTM Holdings Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	900.89	845.76	863.65	801.87	698.04	605.38
Revenue Growth (YoY)	9.16%	-2.07%	7.70%	14.87%	15.30%	4.15%
Cost of Revenue	401.36	348.02	325.75	315.71	222.33	156.43
Gross Profit	499.53	497.74	537.9	486.16	475.71	448.96
Selling, General & Admin	92.28	118.15	93.25	69.95	107.8	87.23
Operating Expenses	92.28	118.15	93.25	69.95	106.01	76.35
Operating Income	407.25	379.59	444.65	416.21	369.7	372.61
Interest Expense	-97.75	-91.65	-88.21	-65.52	-51.39	-50.45
Interest & Investment Income	25.42	32.9	42.48	19.64	7.31	13.39
Earnings From Equity Investments	148.25	150.91	160.54	123	71.88	54.77
Currency Exchange Gain (Loss)	-28.92	41.79	12.12	12.65	-4.32	-7.95
Other Non Operating Income (Expenses)	2.98	3.09	0.12	1.7	2.49	2.33
EBT Excluding Unusual Items	457.23	516.62	571.71	507.67	395.67	384.69
Gain (Loss) on Sale of Investments	53.93	130.48	78.1	-39.65	92.48	27.28
Gain (Loss) on Sale of Assets	-1.67	-1	0.12	0.15	34.58	16.45
Other Unusual Items	-	-	-	-	0.12	-0.18
Pretax Income	509.49	646.1	649.93	468.18	522.85	428.23
Income Tax Expense	82.44	-15.52	75.82	61.41	64.57	71.26
Earnings From Continuing Operations	427.05	661.62	574.1	406.77	458.28	356.98
Net Income to Company	427.05	661.62	574.1	406.77	458.28	356.98
Minority Interest in Earnings	-0.28	-0.29	-0.32	0.72	0.04	0.96
Net Income	426.77	661.33	573.78	407.48	458.32	357.93
Net Income to Common	426.77	661.33	573.78	407.48	458.32	357.93
Net Income Growth	-36.91%	15.26%	40.81%	-11.09%	28.04%	-59.39%
Shares Outstanding (Basic)	203	203	203	203	203	203
Shares Outstanding (Diluted)	204	204	204	204	204	204
Shares Change (YoY)	0.01%	-0.00%	0.03%	-0.10%	0.06%	-0.19%
EPS (Basic)	2.10	3.25	2.82	2.00	2.25	1.76
EPS (Diluted)	2.09	3.24	2.81	2.00	2.25	1.75
EPS Growth	-36.85%	15.30%	40.50%	-11.11%	28.57%	-59.40%
Free Cash Flow	82.43	311.55	350.64	317.3	253.73	288.37
Free Cash Flow Per Share	0.40	1.53	1.72	1.56	1.24	1.41
Dividend Per Share	1.834	1.350	1.130	0.800	0.900	0.700
Dividend Growth	62.26%	19.47%	41.25%	-11.11%	28.57%	-
Gross Margin	55.45%	58.85%	62.28%	60.63%	68.15%	74.16%
Operating Margin	45.20%	44.88%	51.48%	51.91%	52.96%	61.55%
Profit Margin	47.37%	78.19%	66.44%	50.82%	65.66%	59.13%
Free Cash Flow Margin	9.15%	36.84%	40.60%	39.57%	36.35%	47.63%
EBITDA	581.95	519.74	552.96	521.21	472.35	461.47
EBITDA Margin	64.60%	61.45%	64.03%	65.00%	67.67%	76.23%
D&A For EBITDA	174.7	140.15	108.31	105	102.65	88.86
EBIT	407.25	379.59	444.65	416.21	369.7	372.61
EBIT Margin	45.20%	44.88%	51.48%	51.91%	52.96%	61.55%
Effective Tax Rate	16.18%	-	11.67%	13.12%	12.35%	16.64%

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