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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,956	13,180	13,896	16,650	14,796	14,259
Revenue Growth (YoY)	-13.50%	-5.15%	-16.54%	12.53%	3.77%	-1.81%
Cost of Revenue	9,724	10,774	11,587	14,225	12,730	12,735
Gross Profit	2,232	2,406	2,309	2,425	2,066	1,524
Selling, General & Admin	1,332	1,358	1,291	1,297	1,141	1,090
Research & Development	596.07	559.98	481.66	455.89	451.58	451.48
Other Operating Expenses	3.91	2.05	-0.26	0.85	2.78	-0.59
Operating Expenses	1,946	1,937	1,766	1,753	1,604	1,556
Operating Income	285.75	468.81	542.32	671.91	462.34	-31.56
Interest Expense	-21.87	-24.15	-17.03	-11.35	-13.33	-18.21
Interest & Investment Income	264.47	266.9	154.16	146.28	131.34	132.32
Earnings From Equity Investments	1.02	2.45	3.61	3.28	3.05	0.55
Currency Exchange Gain (Loss)	105.47	-0.36	194.91	-9.12	-89.09	-50.61
Other Non Operating Income (Expenses)	88.43	57.72	67.12	72.19	88.17	115.88
EBT Excluding Unusual Items	723.27	771.37	945.09	873.2	582.48	148.37
Gain (Loss) on Sale of Investments	18.17	12.29	3.33	12.91	13.22	44.81
Gain (Loss) on Sale of Assets	5.45	-1.17	-0.54	71.87	323.56	-0.27
Other Unusual Items	-2.04	0.02	3.88	2.62	14.78	0.88
Pretax Income	744.85	782.51	951.77	960.6	934.04	193.79
Income Tax Expense	121.29	142.83	160.73	159.32	241.97	49.67
Earnings From Continuing Operations	623.56	639.68	791.04	801.28	692.08	144.12
Minority Interest in Earnings	-36.45	-40.45	-68.6	-47.2	-22.76	-8.73
Net Income	587.11	599.24	722.44	754.08	669.31	135.39
Net Income to Common	587.11	599.24	722.44	754.08	669.31	135.39
Net Income Growth	-9.09%	-17.05%	-4.20%	12.66%	394.36%	74.51%
Shares Outstanding (Basic)	187	187	187	187	189	192
Shares Outstanding (Diluted)	189	189	189	189	190	193
Shares Change (YoY)	0.06%	-0.25%	0.22%	-0.59%	-1.47%	0.09%
EPS (Basic)	3.14	3.20	3.86	4.03	3.55	0.70
EPS (Diluted)	3.11	3.17	3.82	3.99	3.52	0.70
EPS Growth	-9.36%	-17.02%	-4.26%	13.35%	402.86%	75.00%
Free Cash Flow	2.74	945.2	1,269	-187.13	195.63	263.95
Free Cash Flow Per Share	0.01	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	18.67%	18.26%	16.61%	14.56%	13.96%	10.69%
Operating Margin	2.39%	3.56%	3.90%	4.04%	3.12%	-0.22%
Profit Margin	4.91%	4.55%	5.20%	4.53%	4.52%	0.95%
Free Cash Flow Margin	0.02%	7.17%	9.13%	-1.12%	1.32%	1.85%
EBITDA	486.16	663.32	732.19	853.74	632.04	143.15
EBITDA Margin	4.07%	5.03%	5.27%	5.13%	4.27%	1.00%
D&A For EBITDA	200.41	194.5	189.87	181.83	169.7	174.7
EBIT	285.75	468.81	542.32	671.91	462.34	-31.56
EBIT Margin	2.39%	3.56%	3.90%	4.04%	3.12%	-0.22%
Effective Tax Rate	16.28%	18.25%	16.89%	16.59%	25.91%	25.63%

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