Winmate Inc. (TPE: 3416)

Winmate 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	2,829	2,599	2,659	2,502	1,846	1,666
Revenue Growth (YoY)	5.01%	-2.28%	6.30%	35.55%	10.80%	6.40%
Cost of Revenue	1,672	1,560	1,716	1,664	1,201	1,049
Gross Profit	1,157	1,039	942.84	838.11	645.01	616.12
Selling, General & Admin	347.83	266.69	259.3	224.66	194.88	199.73
Research & Development	208.62	192.21	184.77	175.02	158	144.42
Other Operating Expenses	-0.11	0.13	0.78	-0.17	0.16	1.01
Operating Expenses	554.21	461.03	446.92	400.78	353.78	344.2
Operating Income	602.79	577.98	495.92	437.33	291.23	271.92
Interest Expense	-9.74	-3.64	-6.94	-5.4	-0.33	-0.38
Interest & Investment Income	35.89	37.98	16.27	11.1	9.86	15.16
Earnings From Equity Investments	-7.5	-10.68	-1.91	0.76	-1.27	0.62
Currency Exchange Gain (Loss)	5.81	5.81	44.22	-11.49	-6.72	-9.96
Other Non Operating Income (Expenses)	-3.22	11.56	16.19	6.38	14.57	9.92
EBT Excluding Unusual Items	624.04	619	563.75	438.69	307.34	287.29
Gain (Loss) on Sale of Investments	0.13	0.13	0.01	0.04	0.23	0.23
Gain (Loss) on Sale of Assets	0.12	0.12	-0	-	-	-0.22
Pretax Income	624.29	619.25	563.76	438.73	307.56	287.3
Income Tax Expense	110.79	113.3	111.33	74.02	51.5	46.09
Earnings From Continuing Operations	513.5	505.95	452.43	364.71	256.06	241.21
Minority Interest in Earnings	4.21	-	-	-	-	-
Net Income	517.71	505.95	452.43	364.71	256.06	241.21
Net Income to Common	517.71	505.95	452.43	364.71	256.06	241.21
Net Income Growth	-2.01%	11.83%	24.05%	42.43%	6.16%	17.65%
Shares Outstanding (Basic)	79	76	73	72	72	72
Shares Outstanding (Diluted)	80	80	80	80	73	73
Shares Change (YoY)	-0.04%	-0.19%	0.79%	9.59%	0.06%	0.15%
EPS (Basic)	6.55	6.62	6.23	5.03	3.55	3.34
EPS (Diluted)	6.50	6.33	5.68	4.62	3.52	3.31
EPS Growth	-1.73%	11.44%	23.07%	31.16%	6.34%	17.38%
Free Cash Flow	320.58	389.83	165.46	281.3	318.14	-222.12
Free Cash Flow Per Share	4.01	4.86	2.06	3.52	4.37	-3.05
Dividend Per Share	5.200	5.200	5.000	4.500	4.000	3.000
Dividend Growth	4.00%	4.00%	11.11%	12.50%	33.33%	15.38%
Gross Margin	40.90%	39.98%	35.45%	33.50%	34.95%	36.99%
Operating Margin	21.31%	22.24%	18.65%	17.48%	15.78%	16.33%
Profit Margin	18.30%	19.47%	17.01%	14.58%	13.87%	14.48%
Free Cash Flow Margin	11.33%	15.00%	6.22%	11.24%	17.24%	-13.34%
EBITDA	638.93	604.78	522.22	460.13	312.98	304.86
EBITDA Margin	22.58%	23.27%	19.64%	18.39%	16.96%	18.30%
D&A For EBITDA	36.14	26.8	26.3	22.8	21.75	32.94
EBIT	602.79	577.98	495.92	437.33	291.23	271.92
EBIT Margin	21.31%	22.24%	18.65%	17.48%	15.78%	16.33%
Effective Tax Rate	17.75%	18.30%	19.75%	16.87%	16.74%	16.04%

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