104 Corporation (TPE:3130)

104 Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,553	2,499	2,329	2,179	1,851	1,634
Revenue Growth (YoY)	8.11%	7.28%	6.89%	17.73%	13.25%	-0.12%
Cost of Revenue	327.63	320.42	305.78	229.27	181.56	182.17
Gross Profit	2,225	2,179	2,024	1,950	1,669	1,452
Selling, General & Admin	1,377	1,325	1,218	1,199	885.09	819.69
Research & Development	289.22	305.5	288.82	247.59	387.37	344.47
Operating Expenses	1,668	1,632	1,509	1,448	1,274	1,165
Operating Income	557.62	546.62	514.99	502.47	395.07	287.27
Interest Expense	-2.75	-2.76	-1.53	-0.87	-0.97	-1.08
Interest & Investment Income	41.23	38.69	32.18	16.75	10.82	11.83
Earnings From Equity Investments	-9.03	-12.36	-5.77	-	-	-
Currency Exchange Gain (Loss)	1.08	1.08	0.81	4.02	-1.34	-2.65
Other Non Operating Income (Expenses)	15.17	7.11	9.09	2.62	3.78	7.32
EBT Excluding Unusual Items	603.32	578.39	549.77	524.98	407.36	302.69
Gain (Loss) on Sale of Investments	-10.28	-10.28	-	-1.24	-	-
Gain (Loss) on Sale of Assets	-2.63	-2.63	-0.05	-0.02	-0.4	-0.17
Other Unusual Items	0.25	0.25	0.24	0.01	0.05	-
Pretax Income	590.67	565.74	549.96	523.74	407.02	302.51
Income Tax Expense	105.46	96.38	98.39	80.94	39.77	46.34
Earnings From Continuing Operations	485.21	469.36	451.56	442.81	367.25	256.17
Net Income to Company	485.21	469.36	451.56	442.81	367.25	256.17
Minority Interest in Earnings	-	-	-	2.45	3.19	2.57
Net Income	485.21	469.36	451.56	445.26	370.44	258.74
Net Income to Common	485.21	469.36	451.56	445.26	370.44	258.74
Net Income Growth	8.53%	3.94%	1.42%	20.20%	43.17%	-9.53%
Shares Outstanding (Basic)	33	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33	33
Shares Change (YoY)	0.03%	-0.01%	0.02%	0.08%	0.09%	-0.06%
EPS (Basic)	14.61	14.14	13.61	13.42	11.16	7.80
EPS (Diluted)	14.50	14.03	13.49	13.31	11.08	7.75
EPS Growth	8.60%	4.00%	1.35%	20.13%	42.97%	-9.46%
Free Cash Flow	788.91	722.65	593.04	733.6	575.58	387.32
Free Cash Flow Per Share	23.57	21.60	17.72	21.93	17.22	11.60
Dividend Per Share	-	14.140	13.610	13.420	11.160	7.800
Dividend Growth	-	3.89%	1.42%	20.25%	43.08%	-9.51%
Gross Margin	87.17%	87.18%	86.87%	89.48%	90.19%	88.85%
Operating Margin	21.84%	21.87%	22.11%	23.06%	21.34%	17.57%
Profit Margin	19.00%	18.78%	19.38%	20.43%	20.01%	15.83%
Free Cash Flow Margin	30.90%	28.92%	25.46%	33.66%	31.10%	23.70%
EBITDA	606.21	593.05	553.96	536.62	429.13	325.91
EBITDA Margin	23.75%	23.73%	23.78%	24.62%	23.18%	19.94%
D&A For EBITDA	48.59	46.42	38.96	34.16	34.05	38.64
EBIT	557.62	546.62	514.99	502.47	395.07	287.27
EBIT Margin	21.84%	21.87%	22.11%	23.06%	21.34%	17.57%
Effective Tax Rate	17.85%	17.04%	17.89%	15.45%	9.77%	15.32%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.