Topkey Corporation (TPE:4536)

Topkey 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	9,990	9,478	9,267	10,965	8,692	7,234
Revenue Growth (YoY)	13.00%	2.28%	-15.49%	26.16%	20.15%	0.13%
Cost of Revenue	6,397	6,171	6,236	7,084	6,037	4,735
Gross Profit	3,593	3,307	3,031	3,882	2,655	2,499
Selling, General & Admin	1,007	957.97	874.34	932.99	871.91	773.21
Research & Development	502.72	469.31	447.71	402.68	342.16	310.55
Operating Expenses	1,520	1,430	1,328	1,340	1,216	1,085
Operating Income	2,073	1,877	1,703	2,541	1,439	1,414
Interest Expense	-75.21	-69.07	-94.44	-104.26	-26.34	-42.27
Interest & Investment Income	238.28	279.22	230.67	106.75	21.05	36.27
Currency Exchange Gain (Loss)	103.26	266.22	-14.49	519.32	-31.32	-335.81
Other Non Operating Income (Expenses)	74.58	72.04	155.54	147.55	-140.53	134.32
EBT Excluding Unusual Items	2,414	2,425	1,980	3,211	1,261	1,206
Gain (Loss) on Sale of Investments	-	-	-	-2.94	308.33	0.66
Gain (Loss) on Sale of Assets	-3.61	1.53	7.67	-1.42	5.68	-4.18
Asset Writedown	0.86	0.22	8.66	-45.27	-112.29	-
Pretax Income	2,411	2,427	1,997	3,161	1,463	1,203
Income Tax Expense	584.69	635.33	513.32	739.19	532.48	410.26
Earnings From Continuing Operations	1,826	1,792	1,483	2,422	930.64	792.47
Minority Interest in Earnings	-119.42	-78.93	-68.06	-161.95	-98.99	-113.45
Net Income	1,707	1,713	1,415	2,260	831.65	679.02
Net Income to Common	1,707	1,713	1,415	2,260	831.65	679.02
Net Income Growth	27.43%	21.01%	-37.38%	171.76%	22.48%	-21.57%
Shares Outstanding (Basic)	91	91	91	91	91	91
Shares Outstanding (Diluted)	91	91	91	91	91	91
Shares Change (YoY)	0.10%	-0.03%	-0.08%	0.34%	0.03%	-0.03%
EPS (Basic)	18.79	18.86	15.58	24.89	9.16	7.48
EPS (Diluted)	18.69	18.75	15.49	24.71	9.12	7.45
EPS Growth	27.35%	21.05%	-37.31%	170.94%	22.42%	-21.58%
Free Cash Flow	2,117	1,268	2,011	726.36	384.03	860.82
Free Cash Flow Per Share	23.18	13.88	22.00	7.94	4.21	9.45
Dividend Per Share	11.000	11.000	8.500	11.000	6.000	5.000
Dividend Growth	29.41%	29.41%	-22.73%	83.33%	20.00%	-16.67%
Gross Margin	35.97%	34.89%	32.71%	35.40%	30.54%	34.54%
Operating Margin	20.75%	19.80%	18.38%	23.18%	16.55%	19.54%
Profit Margin	17.08%	18.07%	15.27%	20.61%	9.57%	9.39%
Free Cash Flow Margin	21.19%	13.38%	21.70%	6.62%	4.42%	11.90%
EBITDA	2,453	2,237	2,046	2,893	1,812	1,795
EBITDA Margin	24.56%	23.60%	22.08%	26.38%	20.85%	24.80%
D&A For EBITDA	380.55	359.8	342.83	351.55	373.65	380.77
EBIT	2,073	1,877	1,703	2,541	1,439	1,414
EBIT Margin	20.75%	19.80%	18.38%	23.18%	16.55%	19.54%
Effective Tax Rate	24.25%	26.18%	25.71%	23.38%	36.39%	34.11%

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