Excel Cell Electronic Co., Ltd. (TPE:2483)

Excel Cell Electronic 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	1,789	1,806	1,796	2,226	2,171	1,780
Revenue Growth (YoY)	0.91%	0.55%	-19.28%	2.51%	21.96%	-0.47%
Cost of Revenue	1,620	1,575	1,547	1,808	1,814	1,404
Gross Profit	168.4	230.97	249.71	417.23	356.94	375.72
Selling, General & Admin	200.7	208.86	193.1	214.94	245.69	255.89
Research & Development	82.02	86.24	88.13	88.51	99.54	96.82
Operating Expenses	282.72	295.1	281.23	303.45	345.23	352.71
Operating Income	-114.33	-64.13	-31.52	113.78	11.71	23.01
Interest Expense	-15.24	-18.51	-21.08	-16.52	-9.82	-9.89
Interest & Investment Income	18.37	23.87	28.82	17.57	13.49	14.66
Earnings From Equity Investments	23.81	32.33	16.41	38.4	38.14	20.35
Currency Exchange Gain (Loss)	1.41	33.21	12.97	45.69	-25.14	-46.91
Other Non Operating Income (Expenses)	282.53	16.29	14.43	14.27	28.07	20.11
EBT Excluding Unusual Items	196.56	23.06	20.03	213.2	56.45	21.33
Gain (Loss) on Sale of Investments	0.85	5.9	4.8	-3.5	-2.21	0.12
Gain (Loss) on Sale of Assets	-2.74	-2.16	0.54	12.03	179.42	69.11
Pretax Income	160.66	26.8	25.37	221.73	233.66	90.56
Income Tax Expense	99.29	-12.79	-11.66	51.61	79.05	6.42
Earnings From Continuing Operations	61.37	39.59	37.04	170.13	154.62	84.15
Minority Interest in Earnings	-1.19	-1.68	-1.76	-2.3	-1.52	-0.88
Net Income	60.18	37.91	35.28	167.82	153.1	83.27
Net Income to Common	60.18	37.91	35.28	167.82	153.1	83.27
Net Income Growth	84.51%	7.46%	-78.98%	9.62%	83.85%	-47.48%
Shares Outstanding (Basic)	109	109	109	109	109	110
Shares Outstanding (Diluted)	109	109	109	110	109	110
Shares Change (YoY)	-0.40%	-0.03%	-0.30%	0.08%	-0.33%	-0.90%
EPS (Basic)	0.55	0.35	0.32	1.54	1.40	0.76
EPS (Diluted)	0.55	0.35	0.32	1.53	1.40	0.76
EPS Growth	91.16%	8.59%	-79.09%	9.29%	84.21%	-46.85%
Free Cash Flow	-268.01	-96.88	82.78	-24.67	-537.35	-138.19
Free Cash Flow Per Share	-2.47	-0.89	0.76	-0.23	-4.91	-1.26
Dividend Per Share	0.300	0.300	0.300	-	1.000	-
Gross Margin	9.41%	12.79%	13.90%	18.75%	16.44%	21.11%
Operating Margin	-6.39%	-3.55%	-1.75%	5.11%	0.54%	1.29%
Profit Margin	3.36%	2.10%	1.96%	7.54%	7.05%	4.68%
Free Cash Flow Margin	-14.98%	-5.36%	4.61%	-1.11%	-24.75%	-7.76%
EBITDA	57.61	108.78	131.1	268.04	149.51	143.81
EBITDA Margin	3.22%	6.02%	7.30%	12.04%	6.89%	8.08%
D&A For EBITDA	171.94	172.91	162.62	154.25	137.8	120.8
EBIT	-114.33	-64.13	-31.52	113.78	11.71	23.01
EBIT Margin	-6.39%	-3.55%	-1.75%	5.11%	0.54%	1.29%
Effective Tax Rate	61.80%	-	-	23.27%	33.83%	7.08%

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