ITE Tech. Inc (TPE: 3014)

ITE Tech. 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,373	6,276	5,212	7,185	4,818	3,665
Revenue Growth (YoY)	21.14%	20.42%	-27.45%	49.12%	31.46%	8.97%
Cost of Revenue	2,900	2,852	2,486	3,401	2,360	1,739
Gross Profit	3,473	3,424	2,726	3,783	2,458	1,926
Selling, General & Admin	716.86	683.67	541.64	742.31	589.44	542.61
Research & Development	1,029	977.68	833.64	946.06	755.12	700.89
Operating Expenses	1,746	1,661	1,375	1,687	1,345	1,245
Operating Income	1,727	1,763	1,351	2,096	1,114	680.79
Interest Expense	-1.47	-1.59	-1.77	-1.71	-1.77	-2.03
Interest & Investment Income	139.67	125.13	124.74	98.6	15.29	17.62
Earnings From Equity Investments	-5.9	-9.77	-5.02	4.81	1.2	-6.72
Currency Exchange Gain (Loss)	11.58	-3.06	1.5	-1	-16.67	-9.79
Other Non Operating Income (Expenses)	44.48	44.28	3.37	3.84	3.19	-5.55
EBT Excluding Unusual Items	1,916	1,918	1,473	2,201	1,115	674.32
Gain (Loss) on Sale of Investments	29.34	10.91	-11.32	6.2	8.29	5.34
Gain (Loss) on Sale of Assets	-	-	-	-0.03	-	-0.06
Pretax Income	1,945	1,929	1,462	2,207	1,123	679.6
Income Tax Expense	336.87	340.75	244.43	401.19	187.76	141.54
Earnings From Continuing Operations	1,608	1,588	1,218	1,806	935.48	538.07
Minority Interest in Earnings	-	-	-	-0.03	0.02	1.27
Net Income	1,608	1,588	1,218	1,806	935.5	539.34
Net Income to Common	1,608	1,588	1,218	1,806	935.5	539.34
Net Income Growth	23.95%	30.39%	-32.57%	93.04%	73.45%	10.76%
Shares Outstanding (Basic)	161	161	161	161	160	159
Shares Outstanding (Diluted)	163	163	164	165	164	164
Shares Change (YoY)	-0.27%	-0.62%	-0.74%	0.73%	0.11%	-0.83%
EPS (Basic)	9.98	9.86	7.56	11.21	5.83	3.38
EPS (Diluted)	9.89	9.75	7.43	10.94	5.71	3.30
EPS Growth	24.35%	31.22%	-32.08%	91.59%	73.03%	11.86%
Free Cash Flow	1,307	2,365	1,263	955.01	149.07	958.77
Free Cash Flow Per Share	8.04	14.53	7.71	5.79	0.91	5.86
Dividend Per Share	8.000	8.000	6.000	9.000	6.000	3.300
Dividend Growth	33.33%	33.33%	-33.33%	50.00%	81.82%	22.22%
Gross Margin	54.50%	54.55%	52.30%	52.66%	51.02%	52.55%
Operating Margin	27.10%	28.08%	25.91%	29.18%	23.12%	18.58%
Profit Margin	25.23%	25.30%	23.36%	25.14%	19.42%	14.72%
Free Cash Flow Margin	20.51%	37.69%	24.24%	13.29%	3.09%	26.16%
EBITDA	1,788	1,814	1,394	2,147	1,173	739.76
EBITDA Margin	28.06%	28.91%	26.75%	29.89%	24.34%	20.18%
D&A For EBITDA	61.02	51.76	43.63	51.09	58.92	58.96
EBIT	1,727	1,763	1,351	2,096	1,114	680.79
EBIT Margin	27.10%	28.08%	25.91%	29.18%	23.12%	18.58%
Effective Tax Rate	17.32%	17.67%	16.72%	18.18%	16.72%	20.83%

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