Adda Corporation (TPEX: 3071)

Adda Corporation 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	2,417	2,395	2,789	2,504	2,120	2,221
Revenue Growth (YoY)	-3.96%	-14.12%	11.37%	18.14%	-4.54%	-12.41%
Cost of Revenue	1,673	1,672	2,018	1,808	1,457	1,563
Gross Profit	744.27	722.95	770.99	696.08	662.32	657.49
Selling, General & Admin	484.7	510.78	479.66	385.93	376.14	385.37
Research & Development	119.02	123.48	106.04	85.28	97.34	104.44
Operating Expenses	604.82	637.71	568.2	473.31	470.32	489.09
Operating Income	139.46	85.24	202.8	222.77	192	168.4
Interest Expense	-22.52	-21.72	-9.89	-5.98	-5.34	-6.45
Interest & Investment Income	17.06	14.18	6.73	5.05	6.15	8.97
Earnings From Equity Investments	-0.71	4.77	-5.73	-3.43	-6.91	-2.25
Currency Exchange Gain (Loss)	25.2	25.2	45.58	-20.16	-47.79	21.1
Other Non Operating Income (Expenses)	11.54	85.26	76.77	40.95	83.15	42.22
EBT Excluding Unusual Items	170.02	192.93	316.25	239.19	221.25	231.99
Gain (Loss) on Sale of Investments	2.17	2.17	-0.71	-0.1	1.38	0.36
Gain (Loss) on Sale of Assets	-0.25	-0.25	-0.23	-0.35	-0.02	-3.88
Pretax Income	171.94	194.84	315.32	238.74	222.61	228.47
Income Tax Expense	55.94	62.29	53.58	42.6	26.3	22.66
Earnings From Continuing Operations	116	132.55	261.74	196.15	196.31	205.81
Net Income to Company	116	132.55	261.74	196.15	196.31	205.81
Minority Interest in Earnings	-45.73	0.18	-33.93	6.91	2.81	3.56
Net Income	70.27	132.73	227.81	203.05	199.12	209.37
Net Income to Common	70.27	132.73	227.81	203.05	199.12	209.37
Net Income Growth	-53.54%	-41.74%	12.19%	1.97%	-4.89%	8.32%
Shares Outstanding (Basic)	110	110	109	109	109	116
Shares Outstanding (Diluted)	110	110	109	109	109	116
Shares Change (YoY)	0.29%	0.47%	0.32%	-0.21%	-5.48%	5.02%
EPS (Basic)	0.64	1.21	2.08	1.86	1.82	1.81
EPS (Diluted)	0.64	1.21	2.08	1.86	1.82	1.81
EPS Growth	-53.54%	-41.90%	11.83%	2.20%	0.55%	3.06%
Free Cash Flow	100.8	516.33	420.48	-39.06	277.96	160.63
Free Cash Flow Per Share	0.91	4.70	3.85	-0.36	2.55	1.39
Dividend Per Share	1.030	1.030	1.664	1.600	1.600	1.550
Dividend Growth	-38.10%	-38.10%	4.00%	0%	3.23%	18.40%
Gross Margin	30.79%	30.18%	27.64%	27.80%	31.24%	29.61%
Operating Margin	5.77%	3.56%	7.27%	8.90%	9.06%	7.58%
Profit Margin	2.91%	5.54%	8.17%	8.11%	9.39%	9.43%
Free Cash Flow Margin	4.17%	21.56%	15.08%	-1.56%	13.11%	7.23%
EBITDA	239.67	198.16	305.33	298.81	257.67	236.13
EBITDA Margin	9.92%	8.27%	10.95%	11.93%	12.16%	10.63%
D&A For EBITDA	100.21	112.92	102.54	76.04	65.67	67.73
EBIT	139.46	85.24	202.8	222.77	192	168.4
EBIT Margin	5.77%	3.56%	7.27%	8.90%	9.06%	7.58%
Effective Tax Rate	32.54%	31.97%	16.99%	17.84%	11.81%	9.92%

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