Altek Corporation (TPE: 3059)

Altek 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	7,941	9,099	14,028	9,086	6,103	6,189
Revenue Growth (YoY)	-32.50%	-35.14%	54.40%	48.88%	-1.40%	-44.71%
Cost of Revenue	5,517	6,639	11,131	6,927	4,581	5,175
Gross Profit	2,424	2,460	2,898	2,159	1,522	1,014
Selling, General & Admin	712.2	693.63	720.72	528.99	378.69	393.09
Research & Development	1,335	1,407	1,734	1,397	1,059	787.77
Operating Expenses	2,047	2,102	2,455	1,926	1,436	1,171
Operating Income	377.86	357.98	443	232.47	85.47	-156.67
Interest Expense	-59.77	-64.12	-42.19	-25.85	-25.2	-25.7
Interest & Investment Income	212.67	199.78	83.3	73.32	104.91	144.76
Currency Exchange Gain (Loss)	15.21	-0.05	119.2	14.23	21.72	5.74
Other Non Operating Income (Expenses)	90.88	99.73	60.71	64.54	45.98	44.02
EBT Excluding Unusual Items	636.85	593.33	664.03	358.71	232.88	12.14
Gain (Loss) on Sale of Investments	16.35	10.03	4.42	38.69	8.54	17.36
Gain (Loss) on Sale of Assets	0.3	0.29	0.66	-0.03	0.02	1.92
Other Unusual Items	0.05	0.05	-	-	-	-
Pretax Income	653.55	603.71	669.11	397.37	241.44	31.42
Income Tax Expense	203.44	193.81	181.07	117.11	79.93	35.28
Earnings From Continuing Operations	450.11	409.9	488.04	280.26	161.51	-3.85
Minority Interest in Earnings	-103.66	-58.91	-31.3	-55.53	-1.15	88.16
Net Income	346.45	350.99	456.74	224.73	160.36	84.31
Net Income to Common	346.45	350.99	456.74	224.73	160.36	84.31
Net Income Growth	-12.89%	-23.15%	103.24%	40.15%	90.20%	-35.43%
Shares Outstanding (Basic)	277	277	273	266	266	274
Shares Outstanding (Diluted)	279	279	277	271	270	275
Shares Change (YoY)	-0.14%	0.63%	2.50%	0.13%	-1.65%	0.59%
EPS (Basic)	1.25	1.27	1.67	0.85	0.60	0.31
EPS (Diluted)	1.24	1.26	1.65	0.83	0.59	0.31
EPS Growth	-13.28%	-23.64%	98.80%	40.68%	91.64%	-35.86%
Free Cash Flow	1,021	1,455	280.87	-603.54	223.08	1,012
Free Cash Flow Per Share	3.66	5.21	1.01	-2.23	0.83	3.68
Dividend Per Share	0.700	0.700	1.000	0.700	0.500	0.500
Dividend Growth	-30.00%	-30.00%	42.86%	40.00%	0%	0%
Gross Margin	30.53%	27.04%	20.66%	23.76%	24.94%	16.39%
Operating Margin	4.76%	3.93%	3.16%	2.56%	1.40%	-2.53%
Profit Margin	4.36%	3.86%	3.26%	2.47%	2.63%	1.36%
Free Cash Flow Margin	12.85%	15.99%	2.00%	-6.64%	3.66%	16.35%
EBITDA	733.79	791.6	825.69	542.54	347.33	61.35
EBITDA Margin	9.24%	8.70%	5.89%	5.97%	5.69%	0.99%
D&A For EBITDA	355.94	433.61	382.69	310.07	261.86	218.02
EBIT	377.86	357.98	443	232.47	85.47	-156.67
EBIT Margin	4.76%	3.93%	3.16%	2.56%	1.40%	-2.53%
Effective Tax Rate	31.13%	32.10%	27.06%	29.47%	33.11%	112.26%

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