Winmate Inc. (TPE:3416)

Winmate 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,468	3,058	2,599	2,659	2,502	1,846
Revenue Growth (YoY)	22.57%	17.67%	-2.28%	6.30%	35.55%	10.80%
Cost of Revenue	2,082	1,835	1,560	1,716	1,664	1,201
Gross Profit	1,386	1,223	1,039	942.84	838.11	645.01
Selling, General & Admin	481.34	393.82	266.69	259.3	224.66	194.88
Research & Development	248.48	219.7	192.21	184.77	175.02	158
Other Operating Expenses	-	-	0.13	0.78	-0.17	0.16
Operating Expenses	734.35	616.52	461.03	446.92	400.78	353.78
Operating Income	651.33	606.03	577.98	495.92	437.33	291.23
Interest Expense	-12.66	-12.3	-3.64	-6.94	-5.4	-0.33
Interest & Investment Income	31.62	33.11	37.98	16.27	11.1	9.86
Earnings From Equity Investments	-0.82	-1.87	-10.68	-1.91	0.76	-1.27
Currency Exchange Gain (Loss)	-5.79	37.06	5.81	44.22	-11.49	-6.72
Other Non Operating Income (Expenses)	22.71	21.87	11.56	16.19	6.38	14.57
EBT Excluding Unusual Items	686.4	683.9	619	563.75	438.69	307.34
Gain (Loss) on Sale of Investments	0.49	-7.79	0.13	0.01	0.04	0.23
Gain (Loss) on Sale of Assets	0.05	-	0.12	-0	-	-
Asset Writedown	-3.6	-3.6	-	-	-	-
Pretax Income	683.34	672.52	619.25	563.76	438.73	307.56
Income Tax Expense	139.32	120.52	113.3	111.33	74.02	51.5
Earnings From Continuing Operations	544.02	552	505.95	452.43	364.71	256.06
Minority Interest in Earnings	7.95	7.45	-	-	-	-
Net Income	551.98	559.45	505.95	452.43	364.71	256.06
Net Income to Common	551.98	559.45	505.95	452.43	364.71	256.06
Net Income Growth	6.62%	10.57%	11.83%	24.05%	42.43%	6.16%
Shares Outstanding (Basic)	80	79	76	73	72	72
Shares Outstanding (Diluted)	82	80	80	80	80	73
Shares Change (YoY)	-0.55%	0.19%	-0.19%	0.79%	9.59%	0.06%
EPS (Basic)	6.92	7.04	6.62	6.23	5.03	3.55
EPS (Diluted)	6.85	7.03	6.33	5.68	4.62	3.52
EPS Growth	7.63%	11.08%	11.44%	23.08%	31.16%	6.34%
Free Cash Flow	470.86	358.44	389.83	165.46	281.3	318.14
Free Cash Flow Per Share	5.77	4.46	4.86	2.06	3.52	4.37
Dividend Per Share	5.500	5.500	5.200	5.000	4.500	4.000
Dividend Growth	5.77%	5.77%	4.00%	11.11%	12.50%	33.33%
Gross Margin	39.96%	39.98%	39.98%	35.45%	33.50%	34.95%
Operating Margin	18.78%	19.82%	22.24%	18.65%	17.48%	15.78%
Profit Margin	15.92%	18.30%	19.47%	17.01%	14.58%	13.88%
Free Cash Flow Margin	13.58%	11.72%	15.00%	6.22%	11.24%	17.24%
EBITDA	716.49	640.04	604.78	522.22	460.13	312.98
EBITDA Margin	20.66%	20.93%	23.27%	19.64%	18.39%	16.96%
D&A For EBITDA	65.16	34.01	26.8	26.3	22.8	21.75
EBIT	651.33	606.03	577.98	495.92	437.33	291.23
EBIT Margin	18.78%	19.82%	22.24%	18.65%	17.48%	15.78%
Effective Tax Rate	20.39%	17.92%	18.30%	19.75%	16.87%	16.74%

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