Far EasTone Telecommunications Co., Ltd. (TPE: 4904)

Far EasTone Telecommunications 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	101,922	93,690	89,151	85,320	79,501	83,866
Revenue Growth (YoY)	11.28%	5.09%	4.49%	7.32%	-5.20%	-3.20%
Cost of Revenue	70,730	65,060	62,095	59,882	53,567	57,109
Gross Profit	31,192	28,630	27,057	25,438	25,934	26,757
Selling, General & Admin	17,027	15,144	14,741	15,002	14,605	14,562
Other Operating Expenses	-976.75	-827.43	-583.44	-218.68	-	-
Operating Expenses	16,345	14,573	14,423	15,077	14,896	14,831
Operating Income	14,847	14,057	12,634	10,361	11,038	11,925
Interest Expense	-925.13	-794.02	-634.59	-673.07	-688.28	-437.63
Interest & Investment Income	172.54	172.54	89.57	74.36	127.31	93.5
Earnings From Equity Investments	218.61	321.47	-8.9	88.27	138.71	86.93
Currency Exchange Gain (Loss)	-	-	-	-	-	-1.87
Other Non Operating Income (Expenses)	284.48	96.59	193.6	101.41	265.3	119.58
EBT Excluding Unusual Items	14,597	13,853	12,273	9,952	10,881	11,786
Gain (Loss) on Sale of Investments	93.27	93.27	-78.82	8.54	61.3	47.33
Gain (Loss) on Sale of Assets	-71.38	-123.63	-195.3	1,120	-749.57	-779.49
Legal Settlements	-	-	-	-	-	-42.31
Pretax Income	14,619	13,823	11,999	11,081	10,192	11,012
Income Tax Expense	2,460	2,530	2,293	1,847	1,748	2,204
Earnings From Continuing Operations	12,160	11,293	9,706	9,234	8,445	8,808
Minority Interest in Earnings	-134.77	-107.27	-97.99	-110.09	-90.49	-72.76
Net Income	12,025	11,186	9,608	9,124	8,354	8,735
Net Income to Common	12,025	11,186	9,608	9,124	8,354	8,735
Net Income Growth	10.36%	16.42%	5.31%	9.21%	-4.36%	-6.89%
Shares Outstanding (Basic)	3,535	3,275	3,259	3,259	3,259	3,259
Shares Outstanding (Diluted)	3,538	3,278	3,263	3,262	3,262	3,262
Shares Change (YoY)	8.43%	0.47%	0.01%	0.00%	0.01%	-0.00%
EPS (Basic)	3.40	3.42	2.95	2.80	2.56	2.68
EPS (Diluted)	3.40	3.41	2.94	2.80	2.56	2.68
EPS Growth	1.80%	15.99%	5.00%	9.37%	-4.48%	-6.91%
Free Cash Flow	22,779	18,714	17,851	23,859	15,898	16,025
Free Cash Flow Per Share	6.44	5.71	5.47	7.31	4.87	4.91
Dividend Per Share	3.250	3.250	3.250	3.250	3.250	3.250
Dividend Growth	0%	0%	0%	0%	0%	-13.33%
Gross Margin	30.60%	30.56%	30.35%	29.81%	32.62%	31.90%
Operating Margin	14.57%	15.00%	14.17%	12.14%	13.88%	14.22%
Profit Margin	11.80%	11.94%	10.78%	10.69%	10.51%	10.42%
Free Cash Flow Margin	22.35%	19.97%	20.02%	27.96%	20.00%	19.11%
EBITDA	29,731	27,384	26,196	23,589	23,011	24,554
EBITDA Margin	29.17%	29.23%	29.38%	27.65%	28.94%	29.28%
D&A For EBITDA	14,885	13,327	13,562	13,228	11,974	12,628
EBIT	14,847	14,057	12,634	10,361	11,038	11,925
EBIT Margin	14.57%	15.00%	14.17%	12.14%	13.88%	14.22%
Effective Tax Rate	16.82%	18.30%	19.11%	16.67%	17.15%	20.01%

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