Taiwan Environment Scientific Co., Ltd. (TPE:8476)

TPE:8476 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	1,141	1,521	1,543	2,785	794.65	525.38
Revenue Growth (YoY)	-27.43%	-1.48%	-44.58%	250.50%	51.25%	11.53%
Cost of Revenue	1,002	1,152	979.94	2,011	686.37	495.96
Gross Profit	138.88	368.49	563.56	774.24	108.28	29.42
Selling, General & Admin	115.48	126.09	130.01	181.01	83.08	60.83
Research & Development	3.45	2.7	1.91	2.48	2.5	2.63
Operating Expenses	117	132.77	133.05	181.14	86.05	64.96
Operating Income	21.89	235.71	430.51	593.11	22.22	-35.54
Interest Expense	-14.5	-12.83	-8.29	-15.86	-18.16	-14.73
Interest & Investment Income	13.11	7.53	24.73	1.86	0.93	1.17
Earnings From Equity Investments	-	-	-0.21	-0.46	-23.81	-1.58
Currency Exchange Gain (Loss)	0.02	0.02	0.01	0.07	0.05	0.03
Other Non Operating Income (Expenses)	-1.21	117.92	12.79	0.62	1.72	0.38
EBT Excluding Unusual Items	19.31	348.34	459.53	579.33	-17.06	-50.25
Gain (Loss) on Sale of Investments	0.03	0.03	-	-	-	-4.8
Gain (Loss) on Sale of Assets	-0.05	-0.05	3.02	1.69	0.06	0.69
Asset Writedown	-	-	-39.5	-	-10.1	-3.79
Legal Settlements	-	-	8.55	-	-	-
Other Unusual Items	4.5	4.5	-	-	1.27	0
Pretax Income	23.78	352.82	431.6	581.02	-25.83	-58.15
Income Tax Expense	6.66	79.35	63.78	64.67	2.69	3.12
Earnings From Continuing Operations	17.12	273.47	367.82	516.35	-28.52	-61.27
Minority Interest in Earnings	-1.83	-3.41	-5.19	-9.62	-1.05	-2.92
Net Income	15.29	270.06	362.63	506.73	-29.58	-64.19
Net Income to Common	15.29	270.06	362.63	506.73	-29.58	-64.19
Net Income Growth	-95.46%	-25.53%	-28.44%	-	-	-
Shares Outstanding (Basic)	165	166	165	153	132	131
Shares Outstanding (Diluted)	165	167	165	155	132	131
Shares Change (YoY)	-1.48%	0.84%	6.92%	17.16%	0.41%	29.20%
EPS (Basic)	0.09	1.62	2.20	3.31	-0.22	-0.49
EPS (Diluted)	0.09	1.62	2.19	3.27	-0.23	-0.49
EPS Growth	-95.38%	-26.03%	-33.12%	-	-	-
Free Cash Flow	-137.11	269.01	-261.07	-86.32	148.39	-70.41
Free Cash Flow Per Share	-0.83	1.61	-1.58	-0.56	1.12	-0.54
Dividend Per Share	-	1.020	1.078	0.990	-	-
Dividend Growth	-	-5.37%	8.97%	-	-	-
Gross Margin	12.17%	24.23%	36.51%	27.80%	13.63%	5.60%
Operating Margin	1.92%	15.50%	27.89%	21.30%	2.80%	-6.77%
Profit Margin	1.34%	17.76%	23.49%	18.19%	-3.72%	-12.22%
Free Cash Flow Margin	-12.02%	17.69%	-16.91%	-3.10%	18.67%	-13.40%
EBITDA	68.06	271.67	464.52	745.57	88.3	26.33
EBITDA Margin	5.96%	17.87%	30.09%	26.77%	11.11%	5.01%
D&A For EBITDA	46.18	35.96	34.01	152.47	66.08	61.87
EBIT	21.89	235.71	430.51	593.11	22.22	-35.54
EBIT Margin	1.92%	15.50%	27.89%	21.30%	2.80%	-6.77%
Effective Tax Rate	28.01%	22.49%	14.78%	11.13%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.