FSP Technology Inc. (TPE: 3015)

FSP Technology 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	11,623	13,180	13,896	16,650	14,796	14,259
Revenue Growth (YoY)	-13.93%	-5.15%	-16.54%	12.53%	3.77%	-1.81%
Cost of Revenue	9,545	10,774	11,587	14,225	12,730	12,735
Gross Profit	2,078	2,406	2,309	2,425	2,066	1,524
Selling, General & Admin	1,265	1,358	1,291	1,297	1,141	1,090
Research & Development	603.01	559.98	481.66	455.89	451.58	451.48
Other Operating Expenses	1.59	2.05	-0.26	0.85	2.78	-0.59
Operating Expenses	1,899	1,937	1,766	1,753	1,604	1,556
Operating Income	179.67	468.81	542.32	671.91	462.34	-31.56
Interest Expense	-15.16	-24.15	-17.03	-11.35	-13.33	-18.21
Interest & Investment Income	238.36	266.9	154.16	146.28	131.34	132.32
Earnings From Equity Investments	1.46	2.45	3.61	3.28	3.05	0.55
Currency Exchange Gain (Loss)	-1.84	-0.36	194.91	-9.12	-89.09	-50.61
Other Non Operating Income (Expenses)	94.33	57.72	67.12	72.19	88.17	115.88
EBT Excluding Unusual Items	496.82	771.37	945.09	873.2	582.48	148.37
Gain (Loss) on Sale of Investments	13.36	12.29	3.33	12.91	13.22	44.81
Gain (Loss) on Sale of Assets	5.71	-1.17	-0.54	71.87	323.56	-0.27
Other Unusual Items	1.22	0.02	3.88	2.62	14.78	0.88
Pretax Income	517.11	782.51	951.77	960.6	934.04	193.79
Income Tax Expense	89.04	142.83	160.73	159.32	241.97	49.67
Earnings From Continuing Operations	428.07	639.68	791.04	801.28	692.08	144.12
Minority Interest in Earnings	-33.7	-40.45	-68.6	-47.2	-22.76	-8.73
Net Income	394.37	599.24	722.44	754.08	669.31	135.39
Net Income to Common	394.37	599.24	722.44	754.08	669.31	135.39
Net Income Growth	-43.49%	-17.05%	-4.20%	12.66%	394.36%	74.51%
Shares Outstanding (Basic)	187	187	187	187	189	192
Shares Outstanding (Diluted)	188	189	189	189	190	193
Shares Change (YoY)	-0.12%	-0.25%	0.22%	-0.59%	-1.47%	0.09%
EPS (Basic)	2.11	3.20	3.86	4.03	3.55	0.70
EPS (Diluted)	2.09	3.17	3.82	3.99	3.52	0.70
EPS Growth	-43.63%	-17.02%	-4.26%	13.35%	402.86%	75.00%
Free Cash Flow	-15.08	945.2	1,269	-187.13	195.63	263.95
Free Cash Flow Per Share	-0.08	5.01	6.70	-0.99	1.03	1.37
Dividend Per Share	3.200	3.200	3.800	3.300	3.000	-
Dividend Growth	-15.79%	-15.79%	15.15%	10.00%	-	-
Gross Margin	17.88%	18.26%	16.61%	14.56%	13.96%	10.69%
Operating Margin	1.55%	3.56%	3.90%	4.04%	3.12%	-0.22%
Profit Margin	3.39%	4.55%	5.20%	4.53%	4.52%	0.95%
Free Cash Flow Margin	-0.13%	7.17%	9.13%	-1.12%	1.32%	1.85%
EBITDA	383.74	663.32	732.19	853.74	632.04	143.15
EBITDA Margin	3.30%	5.03%	5.27%	5.13%	4.27%	1.00%
D&A For EBITDA	204.08	194.5	189.87	181.83	169.7	174.7
EBIT	179.67	468.81	542.32	671.91	462.34	-31.56
EBIT Margin	1.55%	3.56%	3.90%	4.04%	3.12%	-0.22%
Effective Tax Rate	17.22%	18.25%	16.89%	16.59%	25.91%	25.63%

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