Evergreen Aviation Technologies Corporation (TPE: 2645)

Evergreen Aviation Technologies Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	15,450	14,782	11,847	9,617	10,688	46,680
Revenue Growth (YoY)	10.32%	24.77%	23.19%	-10.02%	-77.10%	1.40%
Cost of Revenue	12,544	12,142	9,950	8,026	8,680	43,915
Gross Profit	2,906	2,640	1,897	1,591	2,008	2,765
Selling, General & Admin	597.48	596.44	569.41	467.01	493.72	592.71
Research & Development	51.14	54.88	18.97	2.34	29.57	114.87
Other Operating Expenses	-	-	-	-	-	30.01
Operating Expenses	605.14	721.86	497.75	439.35	523.28	737.59
Operating Income	2,301	1,918	1,399	1,152	1,484	2,027
Interest Expense	-142.38	-149.96	-133.6	-124.32	-154.67	-207.34
Interest & Investment Income	130.16	107.02	45.02	21.91	59.14	158.79
Earnings From Equity Investments	-198.62	212.89	171.32	35.73	142.62	-9.21
Currency Exchange Gain (Loss)	-104.71	33.19	331.89	-87.69	-175.18	-284.61
Other Non Operating Income (Expenses)	74.22	111.13	128.48	81.23	41.84	48.85
EBT Excluding Unusual Items	2,060	2,233	1,942	1,079	1,398	1,734
Gain (Loss) on Sale of Assets	-3.58	6.35	26.62	2.17	-3.72	637.82
Pretax Income	2,056	2,239	1,969	1,081	1,394	2,372
Income Tax Expense	369.32	405.83	387.78	200.25	221.24	389.92
Earnings From Continuing Operations	1,687	1,833	1,581	880.79	1,173	1,982
Minority Interest in Earnings	-	-	-	-	-	40.76
Net Income	1,687	1,833	1,581	880.79	1,173	2,022
Preferred Dividends & Other Adjustments	-	-	-	-	-	-23.29
Net Income to Common	1,687	1,833	1,581	880.79	1,173	2,046
Net Income Growth	-1.13%	15.92%	79.52%	-24.91%	-42.00%	1.44%
Shares Outstanding (Basic)	375	371	353	353	635	650
Shares Outstanding (Diluted)	376	372	355	354	638	655
Shares Change (YoY)	2.53%	4.70%	0.28%	-44.43%	-2.62%	2.14%
EPS (Basic)	4.50	4.95	4.48	2.50	1.85	3.15
EPS (Diluted)	4.48	4.93	4.45	2.49	1.84	3.09
EPS Growth	-3.72%	10.79%	78.71%	35.33%	-40.45%	-0.64%
Free Cash Flow	2,259	1,857	1,085	1,319	7,142	4,784
Free Cash Flow Per Share	6.00	4.99	3.05	3.72	11.20	7.31
Dividend Per Share	4.500	4.500	4.000	2.000	3.000	3.000
Dividend Growth	12.50%	12.50%	100.00%	-33.33%	0%	100.00%
Gross Margin	18.81%	17.86%	16.01%	16.55%	18.78%	5.92%
Operating Margin	14.89%	12.98%	11.81%	11.98%	13.89%	4.34%
Profit Margin	10.92%	12.40%	13.35%	9.16%	10.98%	4.38%
Free Cash Flow Margin	14.62%	12.56%	9.16%	13.72%	66.83%	10.25%
EBITDA	2,939	2,582	2,132	1,890	2,224	2,843
EBITDA Margin	19.02%	17.47%	18.00%	19.66%	20.80%	6.09%
D&A For EBITDA	637.43	663.82	732.76	738.27	739.36	816.06
EBIT	2,301	1,918	1,399	1,152	1,484	2,027
EBIT Margin	14.89%	12.98%	11.81%	11.98%	13.89%	4.34%
Effective Tax Rate	17.96%	18.13%	19.69%	18.52%	15.87%	16.44%

Source: S&P Capital IQ. Standard template. Financial Sources.