Amax Holding 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
Period Ending	Mar '25 Mar 31, 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
Revenue	6,175	5,492	6,077	6,749	5,212	3,411
Revenue Growth (YoY)	7.15%	-9.62%	-9.95%	29.48%	52.79%	-
Cost of Revenue	5,511	4,752	5,087	5,913	4,560	3,049
Gross Profit	663.8	739.9	990.22	836.23	652.26	362.05
Selling, General & Admin	464.46	476.32	530.59	432.76	379.6	288.53
Research & Development	130.1	130.16	131.79	123.33	111.57	85.25
Operating Expenses	594.56	606.48	662.38	556.09	491.18	373.78
Operating Income	69.24	133.42	327.84	280.14	161.08	-11.73
Interest Expense	-19.85	-22.04	-21.81	-19.76	-17.18	-17.2
Interest & Investment Income	44.27	42.88	2.37	0.54	0.75	2.44
Currency Exchange Gain (Loss)	-5.73	-2.9	1.63	-24.63	-2.14	-
Other Non Operating Income (Expenses)	17.19	27.77	1.3	11.18	11.81	1.35
EBT Excluding Unusual Items	105.12	179.13	311.31	247.47	154.33	-25.15
Gain (Loss) on Sale of Investments	0.62	0.54	0.99	0.47	-	-
Gain (Loss) on Sale of Assets	-0.2	-0.2	-0.28	-1.51	-0.21	-
Other Unusual Items	0.01	0.5	0.22	0.76	109.64	-
Pretax Income	105.55	179.97	312.23	247.18	263.76	-25.15
Income Tax Expense	-0.33	16.06	58.75	62.66	14.05	-5.54
Net Income	105.88	163.91	253.48	184.52	249.71	-19.61
Net Income to Common	105.88	163.91	253.48	184.52	249.71	-19.61
Net Income Growth	-58.17%	-35.34%	37.37%	-26.10%	-	-
Shares Outstanding (Basic)	42	42	37	36	36	36
Shares Outstanding (Diluted)	44	43	38	36	36	36
Shares Change (YoY)	9.16%	13.42%	5.89%	-0.03%	-0.37%	-
EPS (Basic)	2.53	3.94	6.88	5.10	6.90	-0.54
EPS (Diluted)	2.42	3.77	6.62	5.10	6.90	-0.54
EPS Growth	-61.75%	-43.05%	29.80%	-26.09%	-	-
Free Cash Flow	466.89	1,060	232.3	295.49	-289.07	40.86
Free Cash Flow Per Share	10.70	24.39	6.06	8.17	-7.99	1.13
Dividend Per Share	2.000	2.000	2.970	2.460	-	-
Dividend Growth	-32.66%	-32.66%	20.73%	-	-	-
Gross Margin	10.75%	13.47%	16.29%	12.39%	12.51%	10.61%
Operating Margin	1.12%	2.43%	5.39%	4.15%	3.09%	-0.34%
Profit Margin	1.71%	2.98%	4.17%	2.73%	4.79%	-0.57%
Free Cash Flow Margin	7.56%	19.30%	3.82%	4.38%	-5.55%	1.20%
EBITDA	88.11	152.18	341.12	294.37	174.02	50.02
EBITDA Margin	1.43%	2.77%	5.61%	4.36%	3.34%	1.47%
D&A For EBITDA	18.86	18.76	13.29	14.23	12.94	61.76
EBIT	69.24	133.42	327.84	280.14	161.08	-11.73
EBIT Margin	1.12%	2.43%	5.39%	4.15%	3.09%	-0.34%
Effective Tax Rate	-	8.92%	18.82%	25.35%	5.33%	-

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.