Taiwan Mobile Co., Ltd. (TPE:3045)

Taiwan Mobile Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	199,374	183,348	172,206	156,110	132,861
Revenue Growth (YoY)	8.74%	6.47%	10.31%	17.50%	6.78%
Cost of Revenue	159,679	148,586	138,981	124,735	101,415
Gross Profit	39,695	34,762	33,225	31,375	31,446
Selling, General & Admin	19,573	17,305	16,494	15,538	15,316
Research & Development	682.13	511.57	391.27	242.61	215
Other Operating Expenses	-1,202	-868.86	-810.99	-684	-332.57
Operating Expenses	19,445	17,218	16,332	15,322	15,390
Operating Income	20,250	17,545	16,893	16,053	16,056
Interest Expense	-1,718	-1,029	-737.13	-627.81	-618.59
Interest & Investment Income	296.45	228.43	110.44	56.37	66.12
Earnings From Equity Investments	-25.79	-51.42	10.15	-19.68	99.89
Currency Exchange Gain (Loss)	104.46	-8.8	43.12	-10.65	-5.93
Other Non Operating Income (Expenses)	866.49	36.53	55.35	26.7	121.47
EBT Excluding Unusual Items	19,774	16,720	16,375	15,478	15,719
Impairment of Goodwill	-	-	-	-	-13.33
Gain (Loss) on Sale of Investments	47.3	215.57	112.18	94.92	73.71
Gain (Loss) on Sale of Assets	-189.36	618.75	-213.37	8.69	-321.71
Asset Writedown	-99.89	-83.16	-82.23	-	-
Pretax Income	19,532	17,471	16,191	15,582	15,458
Income Tax Expense	3,736	3,136	3,220	2,756	3,064
Earnings From Continuing Operations	15,796	14,335	12,971	12,825	12,394
Net Income to Company	15,796	14,335	12,971	12,825	12,394
Minority Interest in Earnings	-1,979	-2,061	-1,946	-1,837	-1,107
Net Income	13,817	12,274	11,026	10,988	11,287
Net Income to Common	13,817	12,274	11,026	10,988	11,287
Net Income Growth	12.57%	11.32%	0.34%	-2.64%	-9.57%
Shares Outstanding (Basic)	3,025	2,838	2,820	2,815	2,812
Shares Outstanding (Diluted)	3,029	2,842	2,824	2,825	2,824
Shares Change (YoY)	6.57%	0.64%	-0.02%	0.01%	0.02%
EPS (Basic)	4.57	4.33	3.91	3.90	4.01
EPS (Diluted)	4.56	4.32	3.90	3.89	4.00
EPS Growth	5.56%	10.77%	0.22%	-2.68%	-9.86%
Free Cash Flow	24,426	20,305	19,401	19,320	20,439
Free Cash Flow Per Share	8.06	7.14	6.87	6.84	7.24
Dividend Per Share	4.500	4.300	4.300	4.300	4.300
Dividend Growth	4.65%	-	-	0.01%	-9.48%
Gross Margin	19.91%	18.96%	19.29%	20.10%	23.67%
Operating Margin	10.16%	9.57%	9.81%	10.28%	12.08%
Profit Margin	6.93%	6.69%	6.40%	7.04%	8.49%
Free Cash Flow Margin	12.25%	11.07%	11.27%	12.38%	15.38%
EBITDA	36,683	31,011	29,903	28,829	26,948
EBITDA Margin	18.40%	16.91%	17.36%	18.47%	20.28%
D&A For EBITDA	16,433	13,466	13,011	12,776	10,892
EBIT	20,250	17,545	16,893	16,053	16,056
EBIT Margin	10.16%	9.57%	9.81%	10.28%	12.08%
Effective Tax Rate	19.13%	17.95%	19.89%	17.69%	19.82%

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