Good Will Instrument Co., Ltd. (TPE:2423)

Good Will Instrument 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	2,871	2,789	3,025	2,886	2,609	2,306
Revenue Growth (YoY)	0.89%	-7.80%	4.82%	10.59%	13.14%	-9.67%
Cost of Revenue	1,345	1,349	1,467	1,440	1,281	1,191
Gross Profit	1,526	1,440	1,558	1,446	1,328	1,115
Selling, General & Admin	737.54	758.72	766.81	753.71	730.07	679.09
Research & Development	266.06	261.87	244.35	240.71	221.54	194.51
Other Operating Expenses	-	-	-	-	-	-0
Operating Expenses	996.81	1,028	1,014	996.63	948.41	866.04
Operating Income	529.1	412.05	543.49	448.93	380	248.95
Interest Expense	-2.19	-3.04	-5.38	-3.78	-3.72	-1.99
Interest & Investment Income	8.16	9.35	6.56	4.4	5.58	5.45
Earnings From Equity Investments	1.05	-0.63	-0.28	-	-0.94	-3.79
Currency Exchange Gain (Loss)	-32.85	16.19	-19.57	18.19	-29.53	-21.84
Other Non Operating Income (Expenses)	41.6	41.86	46.92	45.31	50.23	44.03
EBT Excluding Unusual Items	544.88	475.79	571.74	513.05	401.63	270.82
Gain (Loss) on Sale of Investments	-0.53	0.3	1.5	0.28	3.24	1.49
Gain (Loss) on Sale of Assets	0.17	-0.02	1.13	16.93	-0.02	1.68
Asset Writedown	-30	-30	-19.44	-	-	-
Other Unusual Items	0	-	0.23	0.01	-	-
Pretax Income	514.53	446.08	555.15	530.27	404.85	274
Income Tax Expense	103.51	94.94	126.88	126.55	115.31	74.93
Earnings From Continuing Operations	411.01	351.13	428.27	403.72	289.54	199.07
Net Income	411.01	351.13	428.27	403.72	289.54	199.07
Net Income to Common	411.01	351.13	428.27	403.72	289.54	199.07
Net Income Growth	9.49%	-18.01%	6.08%	39.44%	45.45%	-36.22%
Shares Outstanding (Basic)	145	145	145	145	145	145
Shares Outstanding (Diluted)	146	146	146	147	146	146
Shares Change (YoY)	-0.01%	-0.14%	-0.29%	0.30%	0.24%	-0.20%
EPS (Basic)	2.83	2.42	2.95	2.78	2.00	1.37
EPS (Diluted)	2.82	2.40	2.93	2.75	1.98	1.36
EPS Growth	9.67%	-18.09%	6.54%	38.89%	45.59%	-36.45%
Free Cash Flow	268.86	436.99	492.65	114.25	402.34	452.84
Free Cash Flow Per Share	1.84	2.99	3.37	0.78	2.75	3.10
Dividend Per Share	2.000	2.000	2.200	2.000	1.500	1.200
Dividend Growth	-9.09%	-9.09%	10.00%	33.33%	25.00%	-20.00%
Gross Margin	53.14%	51.63%	51.49%	50.10%	50.91%	48.35%
Operating Margin	18.43%	14.77%	17.97%	15.56%	14.56%	10.79%
Profit Margin	14.31%	12.59%	14.16%	13.99%	11.10%	8.63%
Free Cash Flow Margin	9.36%	15.67%	16.29%	3.96%	15.42%	19.64%
EBITDA	593.81	474.71	606.4	514.89	443.86	312.2
EBITDA Margin	20.68%	17.02%	20.05%	17.84%	17.01%	13.54%
D&A For EBITDA	64.71	62.66	62.91	65.95	63.86	63.25
EBIT	529.1	412.05	543.49	448.93	380	248.95
EBIT Margin	18.43%	14.77%	17.97%	15.56%	14.56%	10.79%
Effective Tax Rate	20.12%	21.28%	22.86%	23.86%	28.48%	27.35%

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