Lotes Co., Ltd. (TPE:3533)

Lotes 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	32,469	30,089	24,483	27,099	21,392	17,291
Revenue Growth (YoY)	21.35%	22.89%	-9.65%	26.68%	23.71%	14.60%
Cost of Revenue	15,565	14,320	13,002	15,161	12,835	10,361
Gross Profit	16,904	15,769	11,481	11,938	8,557	6,930
Selling, General & Admin	3,072	2,792	2,373	2,361	2,159	1,760
Research & Development	3,138	2,731	2,174	2,301	2,031	1,460
Operating Expenses	6,204	5,523	4,535	4,669	4,199	3,221
Operating Income	10,700	10,247	6,946	7,269	4,358	3,709
Interest Expense	-82.65	-86.36	-71.12	-55.11	-28.3	-18.61
Interest & Investment Income	536.43	560.77	329.54	52.34	20.11	30.13
Earnings From Equity Investments	-36.88	-28.27	-17.26	-	-	-
Currency Exchange Gain (Loss)	-1,051	910.02	20.15	605.58	-136.96	-296.87
Other Non Operating Income (Expenses)	298.12	292.72	376.5	351.94	328.37	230.88
EBT Excluding Unusual Items	10,364	11,896	7,584	8,224	4,541	3,655
Gain (Loss) on Sale of Investments	-14.74	-5.96	9.26	-6.88	-	-
Gain (Loss) on Sale of Assets	-26.87	-20.9	-35.81	-28.36	-3.73	2.45
Asset Writedown	-	-	-37.32	-	-	-
Other Unusual Items	0.06	0.07	0.61	0.18	2.47	13.06
Pretax Income	10,322	11,869	7,520	8,189	4,540	3,670
Income Tax Expense	2,249	2,488	1,793	1,780	1,021	834.41
Earnings From Continuing Operations	8,073	9,381	5,727	6,408	3,519	2,836
Minority Interest in Earnings	-78.27	-104.09	-134.01	-152.15	-46.83	-103.23
Net Income	7,995	9,277	5,593	6,256	3,472	2,732
Net Income to Common	7,995	9,277	5,593	6,256	3,472	2,732
Net Income Growth	7.54%	65.87%	-10.60%	80.17%	27.08%	31.61%
Shares Outstanding (Basic)	112	112	110	107	104	103
Shares Outstanding (Diluted)	113	113	112	108	106	104
Shares Change (YoY)	-0.16%	1.00%	3.18%	1.84%	2.39%	0.23%
EPS (Basic)	71.13	82.77	50.65	58.72	33.32	26.41
EPS (Diluted)	71.01	82.33	50.19	57.88	32.69	26.34
EPS Growth	7.56%	64.03%	-13.29%	77.05%	24.12%	31.31%
Free Cash Flow	5,357	6,309	6,474	4,056	-942.16	1,695
Free Cash Flow Per Share	47.59	55.95	58.00	37.49	-8.87	16.33
Dividend Per Share	41.500	41.500	26.000	25.180	15.920	13.300
Dividend Growth	59.61%	59.61%	3.26%	58.17%	19.70%	26.67%
Gross Margin	52.06%	52.41%	46.89%	44.05%	40.00%	40.08%
Operating Margin	32.95%	34.05%	28.37%	26.82%	20.37%	21.45%
Profit Margin	24.62%	30.83%	22.84%	23.09%	16.23%	15.80%
Free Cash Flow Margin	16.50%	20.97%	26.44%	14.97%	-4.40%	9.80%
EBITDA	12,823	12,291	9,113	9,305	5,705	4,699
EBITDA Margin	39.49%	40.85%	37.22%	34.34%	26.67%	27.17%
D&A For EBITDA	2,123	2,044	2,167	2,036	1,347	989.75
EBIT	10,700	10,247	6,946	7,269	4,358	3,709
EBIT Margin	32.95%	34.05%	28.37%	26.82%	20.37%	21.45%
Effective Tax Rate	21.79%	20.96%	23.85%	21.74%	22.49%	22.74%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.