President Securities Corporation (TPE:2855)

President Securities 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
Interest and Dividend Income	3,299	3,070	5,029	2,222	1,656	1,504
Total Interest Expense	1,700	1,606	934.88	183.33	101.29	276.88
Net Interest Income	1,599	1,465	4,094	2,038	1,554	1,227
Brokerage Commission	4,154	4,599	3,518	3,278	5,027	3,331
Trading & Principal Transactions	103.96	7,978	2,326	-3,229	8,731	3,356
Asset Management Fee	75.56	80.19	55.92	38.15	32.13	22.31
Underwriting & Investment Banking Fee	211.93	212.47	195.95	175.19	189.78	154.17
Gain on Sale of Investments (Rev)	-4,616	-1,692	148.56	923.01	-1,327	1,241
Other Revenue	5,981	-1,711	-1,709	2,628	-3,010	233.38
Revenue Before Loan Losses	7,509	10,931	8,630	5,852	11,198	9,565
Provision for Loan Losses	2.27	-15.15	17.92	-20.94	-7.66	18.18
Revenue	7,507	10,947	8,612	5,873	11,206	9,547
Revenue Growth (YoY)	-31.78%	27.11%	46.63%	-47.59%	17.38%	50.67%
Salaries & Employee Benefits	3,293	4,039	3,149	2,516	4,002	3,202
Cost of Services Provided	915.08	984.96	782.13	803.51	1,003	772.67
Other Operating Expenses	2,347	2,307	1,989	1,675	1,893	1,440
Total Operating Expenses	6,903	7,678	6,232	5,270	7,123	5,623
Operating Income	604.28	3,268	2,380	603.42	4,083	3,924
Currency Exchange Gains	262.54	403.06	-57.58	107.71	179.46	-323.07
Other Non-Operating Income (Expenses)	1,129	935.43	755.74	395.76	265.97	362.7
EBT Excluding Unusual Items	2,351	4,913	3,203	1,009	4,607	4,032
Asset Writedown	-	-	-	-15.24	-	-
Gain (Loss) on Sale of Investments	-10.71	16.61	11.97	-20.24	62.3	-49.67
Pretax Income	2,341	4,930	3,214	973.7	4,669	3,983
Income Tax Expense	498.87	542.73	324.74	237.46	658.06	368.23
Earnings From Continuing Ops.	1,842	4,387	2,890	736.25	4,011	3,615
Minority Interest in Earnings	-17.81	-13.74	-10.8	-6.88	-3.94	-7.08
Net Income	1,824	4,373	2,879	729.37	4,007	3,608
Net Income to Common	1,824	4,373	2,879	729.37	4,007	3,608
Net Income Growth	-57.78%	51.90%	294.72%	-81.80%	11.09%	52.31%
Shares Outstanding (Basic)	1,589	1,601	1,601	1,601	1,601	1,601
Shares Outstanding (Diluted)	1,618	1,606	1,605	1,603	1,606	1,607
Shares Change (YoY)	0.83%	0.05%	0.13%	-0.19%	-0.04%	-0.02%
EPS (Basic)	1.15	2.73	1.80	0.46	2.50	2.25
EPS (Diluted)	1.14	2.73	1.79	0.45	2.50	2.25
EPS Growth	-57.57%	52.29%	294.04%	-81.82%	11.33%	52.00%
Free Cash Flow	35,580	-7,391	-21,072	7,143	2,097	7,347
Free Cash Flow Per Share	21.99	-4.60	-13.13	4.46	1.31	4.57
Dividend Per Share	1.000	1.000	1.200	0.354	1.718	1.311
Dividend Growth	-16.67%	-16.67%	238.51%	-79.37%	31.04%	53.00%
Operating Margin	8.05%	29.86%	27.63%	10.27%	36.44%	41.10%
Profit Margin	24.30%	39.95%	33.43%	12.42%	35.76%	37.79%
Free Cash Flow Margin	473.96%	-67.52%	-244.68%	121.62%	18.71%	76.96%
Effective Tax Rate	21.31%	11.01%	10.10%	24.39%	14.09%	9.25%
Revenue as Reported	5,432	13,030	9,543	6,271	11,622	9,581

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