Faraday Technology Corporation (TPE: 3035)

Faraday 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	10,936	11,966	13,065	8,085	5,495	5,306
Revenue Growth (YoY)	-11.75%	-8.42%	61.59%	47.13%	3.56%	8.19%
Cost of Revenue	5,853	6,658	6,690	3,995	2,896	2,507
Gross Profit	5,083	5,307	6,375	4,090	2,600	2,800
Selling, General & Admin	989.82	982.82	1,018	726.3	566.96	545.68
Research & Development	2,700	2,362	2,422	2,037	1,854	1,903
Operating Expenses	3,744	3,351	3,454	2,688	2,451	2,401
Operating Income	1,339	1,956	2,921	1,402	149.11	398.3
Interest Expense	-10.91	-13.31	-6.37	-5.86	-6.59	-7.46
Interest & Investment Income	170.5	137.39	123.5	82.35	10.82	14.32
Earnings From Equity Investments	-	-	-	-	-23.59	-3.65
Currency Exchange Gain (Loss)	4.13	-15.42	11.74	9.43	-9.12	1.99
Other Non Operating Income (Expenses)	7.3	5.52	10.18	12.83	18.99	16.74
EBT Excluding Unusual Items	1,510	2,070	3,060	1,501	139.63	420.24
Gain (Loss) on Sale of Investments	0.41	0.41	-2.98	1.38	174.17	-3.38
Gain (Loss) on Sale of Assets	-	-	-	-	-0.56	-
Pretax Income	1,511	2,070	3,057	1,502	313.24	416.86
Income Tax Expense	333.31	509.06	547	212.13	57.24	80.61
Earnings From Continuing Operations	1,177	1,561	2,510	1,290	256	336.25
Net Income to Company	1,177	1,561	2,510	1,290	256	336.25
Minority Interest in Earnings	-52.22	28.19	-55.87	-134.12	12.45	11.63
Net Income	1,125	1,589	2,455	1,156	268.45	347.88
Net Income to Common	1,125	1,589	2,455	1,156	268.45	347.88
Net Income Growth	-37.29%	-35.25%	112.35%	330.60%	-22.83%	32.16%
Shares Outstanding (Basic)	255	249	249	249	249	249
Shares Outstanding (Diluted)	255	249	251	249	249	249
Shares Change (YoY)	1.92%	-0.70%	0.74%	-0.02%	0.16%	-0.39%
EPS (Basic)	4.42	6.39	9.88	4.65	1.08	1.40
EPS (Diluted)	4.40	6.37	9.77	4.64	1.08	1.40
EPS Growth	-38.62%	-34.80%	110.56%	329.63%	-22.84%	33.30%
Free Cash Flow	2,866	2,958	1,114	2,465	667.59	791.76
Free Cash Flow Per Share	11.24	11.86	4.43	9.89	2.68	3.18
Dividend Per Share	4.500	4.500	5.000	3.300	1.000	1.100
Dividend Growth	-10.00%	-10.00%	51.52%	230.00%	-9.09%	37.50%
Gross Margin	46.48%	44.35%	48.80%	50.59%	47.31%	52.76%
Operating Margin	12.25%	16.34%	22.36%	17.34%	2.71%	7.51%
Profit Margin	10.29%	13.28%	18.79%	14.30%	4.89%	6.56%
Free Cash Flow Margin	26.21%	24.72%	8.53%	30.49%	12.15%	14.92%
EBITDA	1,437	2,027	2,995	1,464	215.24	460.69
EBITDA Margin	13.14%	16.94%	22.93%	18.10%	3.92%	8.68%
D&A For EBITDA	98.19	71.12	73.82	61.64	66.12	62.39
EBIT	1,339	1,956	2,921	1,402	149.11	398.3
EBIT Margin	12.25%	16.34%	22.36%	17.34%	2.71%	7.51%
Effective Tax Rate	22.06%	24.59%	17.89%	14.12%	18.27%	19.34%

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