Fitipower Integrated Technology Inc. (TPE: 4961)

Fitipower Integrated Technology 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	16,755	16,287	19,680	22,868	10,880	9,166
Revenue Growth (YoY)	0.94%	-17.25%	-13.94%	110.19%	18.69%	3.55%
Cost of Revenue	11,406	11,004	12,535	12,204	8,499	7,341
Gross Profit	5,349	5,282	7,145	10,664	2,381	1,826
Selling, General & Admin	731.69	691.48	840.32	772.02	457.83	384.51
Research & Development	2,298	2,245	2,443	2,169	1,146	1,073
Operating Expenses	3,030	2,936	3,276	2,947	1,588	1,472
Operating Income	2,319	2,346	3,869	7,717	793.25	353.34
Interest Expense	-3.3	-2.56	-23.33	-12.31	-7.24	-27.08
Interest & Investment Income	240.41	222.69	84.41	48.76	11.25	5.15
Currency Exchange Gain (Loss)	74.72	26.25	319.86	-18.42	-76.53	-23.56
Other Non Operating Income (Expenses)	231.65	225.12	-109.17	52.28	112.7	54.32
EBT Excluding Unusual Items	2,863	2,818	4,141	7,787	833.42	362.17
Impairment of Goodwill	-0.13	-0.13	-183.37	-	-	-
Gain (Loss) on Sale of Investments	-2.44	-	-	-	2.92	-
Gain (Loss) on Sale of Assets	-0.01	-0.25	-0.81	-0.88	-	-
Asset Writedown	-15.4	-15.4	-	-	-	-
Pretax Income	2,845	2,802	3,956	7,787	836.34	362.17
Income Tax Expense	388.79	434.56	687.22	1,397	104.51	53.72
Earnings From Continuing Operations	2,456	2,367	3,269	6,390	731.83	308.46
Minority Interest in Earnings	-330.4	-216.99	-198.88	-537.39	-66.25	-
Net Income	2,126	2,150	3,070	5,852	665.58	308.46
Net Income to Common	2,126	2,150	3,070	5,852	665.58	308.46
Net Income Growth	17.27%	-29.97%	-47.54%	779.27%	115.78%	-10.87%
Shares Outstanding (Basic)	162	162	121	112	106	104
Shares Outstanding (Diluted)	162	162	122	113	107	106
Shares Change (YoY)	33.06%	32.75%	8.02%	5.76%	0.76%	12.29%
EPS (Basic)	13.14	13.29	25.37	52.05	6.27	2.95
EPS (Diluted)	13.08	13.23	25.09	51.65	6.22	2.91
EPS Growth	-11.94%	-47.27%	-51.42%	730.94%	113.76%	-20.59%
Free Cash Flow	2,725	2,634	4,968	3,522	2,653	510.34
Free Cash Flow Per Share	16.78	16.21	40.59	31.08	24.77	4.80
Dividend Per Share	10.640	10.640	13.077	26.154	3.846	1.538
Dividend Growth	-18.64%	-18.64%	-50.00%	579.99%	150.00%	-23.08%
Gross Margin	31.92%	32.43%	36.31%	46.63%	21.89%	19.92%
Operating Margin	13.84%	14.40%	19.66%	33.75%	7.29%	3.85%
Profit Margin	12.69%	13.20%	15.60%	25.59%	6.12%	3.37%
Free Cash Flow Margin	16.26%	16.17%	25.24%	15.40%	24.39%	5.57%
EBITDA	2,758	2,754	4,180	7,910	936.75	420.08
EBITDA Margin	16.46%	16.91%	21.24%	34.59%	8.61%	4.58%
D&A For EBITDA	438.83	408.29	310.7	192.73	143.5	66.73
EBIT	2,319	2,346	3,869	7,717	793.25	353.34
EBIT Margin	13.84%	14.40%	19.66%	33.75%	7.29%	3.85%
Effective Tax Rate	13.67%	15.51%	17.37%	17.94%	12.50%	14.83%

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