AP Memory Technology 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	2016 - 2020
Period Ending	Jun '25 Jun 30, 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	2016 - 2020
Revenue	4,803	4,192	4,227	5,095	6,617	3,549	Upgrade
Revenue Growth (YoY)	17.29%	-0.82%	-17.03%	-23.01%	86.43%	3.89%	Upgrade
Cost of Revenue	2,473	2,047	2,472	2,873	3,592	2,524	Upgrade
Gross Profit	2,330	2,146	1,755	2,221	3,026	1,026	Upgrade
Selling, General & Admin	318.57	301.27	289.67	259.45	296.95	190.31	Upgrade
Research & Development	837.2	780.59	583.63	462.07	359.1	313.53	Upgrade
Operating Expenses	1,155	1,082	902.23	720.87	655.45	505.93	Upgrade
Operating Income	1,175	1,063	852.78	1,501	2,370	519.75	Upgrade
Interest Expense	-1.78	-2.06	-1.74	-1.57	-1.95	-2.8	Upgrade
Interest & Investment Income	374.24	408.71	367.26	106.84	4.96	6.35	Upgrade
Earnings From Equity Investments	-5.83	0.77	-0.54	5.96	12.62	4.95	Upgrade
Currency Exchange Gain (Loss)	512.74	512.74	9.1	700.98	-15.38	-61.87	Upgrade
Other Non Operating Income (Expenses)	-1,229	3.85	3.99	9.01	23.8	2.72	Upgrade
EBT Excluding Unusual Items	825.58	1,987	1,231	2,322	2,394	469.09	Upgrade
Gain (Loss) on Sale of Investments	66.8	66.8	388.14	127.46	120.07	48.6	Upgrade
Gain (Loss) on Sale of Assets	-21.03	-21.03	-	0.05	-	422.67	Upgrade
Other Unusual Items	-	-	-	0.03	-	-	Upgrade
Pretax Income	871.35	2,033	1,619	2,449	2,514	940.36	Upgrade
Income Tax Expense	236.22	454.64	174.01	507.59	488.81	124.99	Upgrade
Earnings From Continuing Operations	635.13	1,578	1,445	1,942	2,025	815.37	Upgrade
Earnings From Discontinued Operations	-	-	-	-	-	5.61	Upgrade
Net Income to Company	635.13	1,578	1,445	1,942	2,025	820.98	Upgrade
Minority Interest in Earnings	-9.93	-	-	-	-	-9.27	Upgrade
Net Income	625.19	1,578	1,445	1,942	2,025	811.71	Upgrade
Net Income to Common	625.19	1,578	1,445	1,942	2,025	811.71	Upgrade
Net Income Growth	-61.85%	9.22%	-25.58%	-4.13%	149.53%	-	Upgrade
Shares Outstanding (Basic)	162	162	162	161	148	148	Upgrade
Shares Outstanding (Diluted)	163	163	163	162	151	150	Upgrade
Shares Change (YoY)	-0.36%	0.11%	0.59%	7.79%	0.57%	1.01%	Upgrade
EPS (Basic)	3.85	9.73	8.93	12.09	13.67	5.50	Upgrade
EPS (Diluted)	3.84	9.66	8.85	11.96	13.45	5.42	Upgrade
EPS Growth	-61.68%	9.15%	-26.00%	-11.08%	148.16%	-	Upgrade
Free Cash Flow	1,600	1,479	2,033	1,549	2,324	-203.48	Upgrade
Free Cash Flow Per Share	9.83	9.05	12.45	9.54	15.43	-1.36	Upgrade
Dividend Per Share	-	7.000	7.000	6.997	6.000	2.500	Upgrade
Dividend Growth	-	-	0.05%	16.61%	140.03%	399.94%	Upgrade
Gross Margin	48.51%	51.18%	41.52%	43.60%	45.72%	28.90%	Upgrade
Operating Margin	24.46%	25.36%	20.18%	29.45%	35.82%	14.64%	Upgrade
Profit Margin	13.02%	37.65%	34.19%	38.11%	30.61%	22.87%	Upgrade
Free Cash Flow Margin	33.31%	35.28%	48.09%	30.40%	35.12%	-5.73%	Upgrade
EBITDA	1,231	1,119	883.34	1,526	2,387	539.35	Upgrade
EBITDA Margin	25.63%	26.69%	20.90%	29.96%	36.07%	15.20%	Upgrade
D&A For EBITDA	55.8	55.91	30.56	25.72	16.81	19.6	Upgrade
EBIT	1,175	1,063	852.78	1,501	2,370	519.75	Upgrade
EBIT Margin	24.46%	25.36%	20.18%	29.45%	35.82%	14.64%	Upgrade
Effective Tax Rate	27.11%	22.36%	10.75%	20.72%	19.44%	13.29%	Upgrade

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.