Lotes Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	31,507	30,089	24,483	27,099	21,392	17,291	Upgrade
Revenue Growth (YoY)	25.50%	22.89%	-9.65%	26.68%	23.71%	14.60%	Upgrade
Cost of Revenue	14,997	14,320	13,002	15,161	12,835	10,361	Upgrade
Gross Profit	16,509	15,769	11,481	11,938	8,557	6,930	Upgrade
Selling, General & Admin	2,884	2,792	2,373	2,361	2,159	1,760	Upgrade
Research & Development	2,961	2,731	2,174	2,301	2,031	1,460	Upgrade
Operating Expenses	5,842	5,523	4,535	4,669	4,199	3,221	Upgrade
Operating Income	10,667	10,247	6,946	7,269	4,358	3,709	Upgrade
Interest Expense	-86.54	-86.36	-71.12	-55.11	-28.3	-18.61	Upgrade
Interest & Investment Income	561.76	560.77	329.54	52.34	20.11	30.13	Upgrade
Earnings From Equity Investments	-33.65	-28.27	-17.26	-	-	-	Upgrade
Currency Exchange Gain (Loss)	672.52	910.02	20.15	605.58	-136.96	-296.87	Upgrade
Other Non Operating Income (Expenses)	321.54	292.72	376.5	351.94	328.37	230.88	Upgrade
EBT Excluding Unusual Items	12,103	11,896	7,584	8,224	4,541	3,655	Upgrade
Gain (Loss) on Sale of Investments	-4.74	-5.96	9.26	-6.88	-	-	Upgrade
Gain (Loss) on Sale of Assets	-32.52	-20.9	-35.81	-28.36	-3.73	2.45	Upgrade
Asset Writedown	-	-	-37.32	-	-	-	Upgrade
Other Unusual Items	0.11	0.07	0.61	0.18	2.47	13.06	Upgrade
Pretax Income	12,066	11,869	7,520	8,189	4,540	3,670	Upgrade
Income Tax Expense	2,492	2,488	1,793	1,780	1,021	834.41	Upgrade
Earnings From Continuing Operations	9,574	9,381	5,727	6,408	3,519	2,836	Upgrade
Minority Interest in Earnings	-91.59	-104.09	-134.01	-152.15	-46.83	-103.23	Upgrade
Net Income	9,482	9,277	5,593	6,256	3,472	2,732	Upgrade
Net Income to Common	9,482	9,277	5,593	6,256	3,472	2,732	Upgrade
Net Income Growth	46.29%	65.87%	-10.60%	80.17%	27.08%	31.61%	Upgrade
Shares Outstanding (Basic)	112	112	110	107	104	103	Upgrade
Shares Outstanding (Diluted)	113	113	112	108	106	104	Upgrade
Shares Change (YoY)	0.03%	1.00%	3.18%	1.84%	2.39%	0.23%	Upgrade
EPS (Basic)	84.40	82.77	50.65	58.72	33.32	26.41	Upgrade
EPS (Diluted)	84.14	82.33	50.19	57.88	32.69	26.34	Upgrade
EPS Growth	46.02%	64.03%	-13.29%	77.05%	24.12%	31.31%	Upgrade
Free Cash Flow	6,555	6,309	6,474	4,056	-942.16	1,695	Upgrade
Free Cash Flow Per Share	58.14	55.95	58.00	37.49	-8.87	16.33	Upgrade
Dividend Per Share	41.500	41.500	26.000	25.180	15.920	13.300	Upgrade
Dividend Growth	59.61%	59.61%	3.26%	58.17%	19.70%	26.67%	Upgrade
Gross Margin	52.40%	52.41%	46.89%	44.05%	40.00%	40.08%	Upgrade
Operating Margin	33.86%	34.05%	28.37%	26.82%	20.37%	21.45%	Upgrade
Profit Margin	30.10%	30.83%	22.84%	23.09%	16.23%	15.80%	Upgrade
Free Cash Flow Margin	20.80%	20.97%	26.44%	14.97%	-4.40%	9.80%	Upgrade
EBITDA	12,736	12,291	9,113	9,305	5,705	4,699	Upgrade
EBITDA Margin	40.42%	40.85%	37.22%	34.34%	26.67%	27.17%	Upgrade
D&A For EBITDA	2,069	2,044	2,167	2,036	1,347	989.75	Upgrade
EBIT	10,667	10,247	6,946	7,269	4,358	3,709	Upgrade
EBIT Margin	33.86%	34.05%	28.37%	26.82%	20.37%	21.45%	Upgrade
Effective Tax Rate	20.65%	20.96%	23.85%	21.74%	22.49%	22.74%	Upgrade

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.