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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,369	2,395	2,789	2,504	2,120	2,221
Revenue Growth (YoY)	-12.75%	-14.12%	11.37%	18.14%	-4.54%	-12.41%
Cost of Revenue	1,642	1,672	2,018	1,808	1,457	1,563
Gross Profit	726.49	722.95	770.99	696.08	662.32	657.49
Selling, General & Admin	488.09	510.78	479.66	385.93	376.14	385.37
Research & Development	120.17	123.48	106.04	85.28	97.34	104.44
Operating Expenses	599.93	637.71	568.2	473.31	470.32	489.09
Operating Income	126.56	85.24	202.8	222.77	192	168.4
Interest Expense	-22.87	-21.72	-9.89	-5.98	-5.34	-6.45
Interest & Investment Income	17.55	14.18	6.73	5.05	6.15	8.97
Earnings From Equity Investments	5.96	4.77	-5.73	-3.43	-6.91	-2.25
Currency Exchange Gain (Loss)	-32.1	25.2	45.58	-20.16	-47.79	21.1
Other Non Operating Income (Expenses)	88.88	85.26	76.77	40.95	83.15	42.22
EBT Excluding Unusual Items	183.99	192.93	316.25	239.19	221.25	231.99
Gain (Loss) on Sale of Investments	-0.06	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	183.68	194.84	315.32	238.74	222.61	228.47
Income Tax Expense	53.86	62.29	53.58	42.6	26.3	22.66
Earnings From Continuing Operations	129.82	132.55	261.74	196.15	196.31	205.81
Net Income to Company	129.82	132.55	261.74	196.15	196.31	205.81
Minority Interest in Earnings	-49.91	0.18	-33.93	6.91	2.81	3.56
Net Income	79.91	132.73	227.81	203.05	199.12	209.37
Net Income to Common	79.91	132.73	227.81	203.05	199.12	209.37
Net Income Growth	-59.66%	-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)	0.42%	0.47%	0.32%	-0.21%	-5.48%	5.02%
EPS (Basic)	0.73	1.21	2.08	1.86	1.82	1.81
EPS (Diluted)	0.73	1.21	2.08	1.86	1.82	1.81
EPS Growth	-59.83%	-41.90%	11.83%	2.20%	0.55%	3.06%
Free Cash Flow	245.22	516.33	420.48	-39.06	277.96	160.63
Free Cash Flow Per Share	2.23	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	30.67%	30.18%	27.64%	27.80%	31.24%	29.61%
Operating Margin	5.34%	3.56%	7.27%	8.90%	9.06%	7.58%
Profit Margin	3.37%	5.54%	8.17%	8.11%	9.39%	9.43%
Free Cash Flow Margin	10.35%	21.56%	15.08%	-1.56%	13.11%	7.23%
EBITDA	228.66	198.16	305.33	298.81	257.67	236.13
EBITDA Margin	9.65%	8.27%	10.95%	11.93%	12.16%	10.63%
D&A For EBITDA	102.1	112.92	102.54	76.04	65.67	67.73
EBIT	126.56	85.24	202.8	222.77	192	168.4
EBIT Margin	5.34%	3.56%	7.27%	8.90%	9.06%	7.58%
Effective Tax Rate	29.32%	31.97%	16.99%	17.84%	11.81%	9.92%

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