Accton Technology Corporation (TPE:2345)

The Duckhorn Portfolio 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
Revenue	170,520	110,425	84,188	77,205	59,599	54,463
Revenue Growth (YoY)	94.56%	31.16%	9.04%	29.54%	9.43%	-1.69%
Cost of Revenue	137,335	87,634	64,926	60,687	48,254	42,909
Gross Profit	33,185	22,791	19,263	16,518	11,345	11,554
Selling, General & Admin	4,919	4,475	3,981	3,914	3,234	2,990
Research & Development	5,547	4,702	3,781	2,973	2,668	2,164
Other Operating Expenses	66.34	13.4	-	-	-	-
Operating Expenses	10,531	9,190	7,762	6,886	5,904	5,151
Operating Income	22,654	13,601	11,501	9,633	5,441	6,403
Interest Expense	-95.86	-87.46	-72.97	-68.06	-42.39	-37.94
Interest & Investment Income	947.85	887.18	654.67	191.91	41.47	99.84
Earnings From Equity Investments	3.37	-2.92	-2.64	-1.14	-1.63	-1.44
Currency Exchange Gain (Loss)	-1,694	699.17	-432.76	500.68	-44.99	-350.11
Other Non Operating Income (Expenses)	92.78	69.66	65.54	84.08	205.51	134.94
EBT Excluding Unusual Items	21,909	15,167	11,713	10,340	5,599	6,248
Gain (Loss) on Sale of Investments	-83.88	-33.31	19.53	-64.15	132.24	-35.05
Gain (Loss) on Sale of Assets	37.99	-	-	-	-	-0.05
Other Unusual Items	-	-	-	0	0.21	0.04
Pretax Income	21,863	15,134	11,732	10,276	5,731	6,213
Income Tax Expense	4,550	3,135	2,812	2,110	1,026	1,164
Earnings From Continuing Operations	17,313	11,999	8,920	8,166	4,705	5,049
Minority Interest in Earnings	20.61	-	-	-	0	-0.29
Net Income	17,333	11,999	8,920	8,166	4,705	5,048
Net Income to Common	17,333	11,999	8,920	8,166	4,705	5,048
Net Income Growth	83.17%	34.51%	9.24%	73.55%	-6.80%	1.98%
Shares Outstanding (Basic)	559	559	558	558	558	556
Shares Outstanding (Diluted)	562	562	563	565	562	562
Shares Change (YoY)	0.07%	-0.12%	-0.45%	0.48%	0.00%	-0.43%
EPS (Basic)	31.02	21.48	15.99	14.64	8.44	9.07
EPS (Diluted)	30.83	21.35	15.86	14.45	8.36	8.98
EPS Growth	83.05%	34.62%	9.76%	72.85%	-6.90%	2.51%
Free Cash Flow	11,376	7,181	16,126	8,772	887.74	2,891
Free Cash Flow Per Share	20.23	12.78	28.66	15.52	1.58	5.14
Dividend Per Share	11.000	11.000	9.996	7.500	5.999	6.496
Dividend Growth	10.05%	10.05%	33.28%	25.02%	-7.65%	4.93%
Gross Margin	19.46%	20.64%	22.88%	21.39%	19.04%	21.21%
Operating Margin	13.29%	12.32%	13.66%	12.48%	9.13%	11.76%
Profit Margin	10.17%	10.87%	10.60%	10.58%	7.90%	9.27%
Free Cash Flow Margin	6.67%	6.50%	19.16%	11.36%	1.49%	5.31%
EBITDA	23,587	14,292	12,068	10,163	5,935	6,853
EBITDA Margin	13.83%	12.94%	14.34%	13.16%	9.96%	12.58%
D&A For EBITDA	933.18	690.49	567.28	530.52	494.61	450.65
EBIT	22,654	13,601	11,501	9,633	5,441	6,403
EBIT Margin	13.29%	12.32%	13.66%	12.48%	9.13%	11.76%
Effective Tax Rate	20.81%	20.71%	23.97%	20.54%	17.90%	18.74%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.