Mildef Crete Inc. (TPEX: 3213)

Mildef Crete 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	3,153	2,989	2,708	2,808	2,976	2,822
Revenue Growth (YoY)	13.24%	10.36%	-3.54%	-5.65%	5.44%	16.60%
Cost of Revenue	2,099	2,089	2,150	2,192	2,295	2,183
Gross Profit	1,054	900.52	558.18	615.61	681.31	639.67
Selling, General & Admin	252.78	233.04	222.56	230.05	239.51	230.55
Research & Development	103.07	86.71	69.8	65.49	72.22	85.72
Other Operating Expenses	-	-	-	-4.49	-1.64	2.06
Operating Expenses	355.85	319.75	292.35	291.06	310.1	318.33
Operating Income	698.62	580.77	265.82	324.55	371.21	321.34
Interest Expense	-1.11	-0.85	-0.81	-0.46	-0.71	-1.08
Interest & Investment Income	78.23	16.66	25.25	17.09	17.77	14.9
Earnings From Equity Investments	-	-	-	-24.86	42.13	19.13
Currency Exchange Gain (Loss)	5.86	-9.15	13.16	-5.72	-10.69	-3.9
Other Non Operating Income (Expenses)	1.17	0.97	1.55	1.18	0.86	3.69
EBT Excluding Unusual Items	782.76	588.4	304.96	311.78	420.57	354.08
Gain (Loss) on Sale of Investments	0.6	0.34	0.23	496.96	0.67	0.9
Gain (Loss) on Sale of Assets	0.09	-0.11	0.04	-	0.18	0.1
Other Unusual Items	-	0.02	0.25	0.43	0.34	-
Pretax Income	783.45	588.64	305.49	809.18	421.76	355.07
Income Tax Expense	165.9	122	70.11	164.8	92.26	76.59
Earnings From Continuing Operations	617.55	466.64	235.38	644.38	329.5	278.48
Minority Interest in Earnings	-3.59	-5.81	-7.11	-6.18	-6.22	-0.27
Net Income	613.97	460.83	228.27	638.19	323.27	278.21
Net Income to Common	613.97	460.83	228.27	638.19	323.27	278.21
Net Income Growth	74.05%	101.88%	-64.23%	97.42%	16.20%	52.77%
Shares Outstanding (Basic)	59	59	59	59	59	59
Shares Outstanding (Diluted)	60	60	60	60	60	60
Shares Change (YoY)	-0.15%	-0.02%	-0.01%	-0.46%	0.35%	0.18%
EPS (Basic)	10.46	7.85	3.89	10.87	5.51	4.74
EPS (Diluted)	10.31	7.74	3.83	10.72	5.40	4.67
EPS Growth	74.56%	102.09%	-64.27%	98.52%	15.63%	52.61%
Free Cash Flow	312.96	17.6	94.68	349.92	149.13	337.43
Free Cash Flow Per Share	5.26	0.30	1.59	5.88	2.49	5.66
Dividend Per Share	5.400	5.400	3.600	3.700	4.500	4.200
Dividend Growth	50.00%	50.00%	-2.70%	-17.78%	7.14%	50.00%
Gross Margin	33.44%	30.13%	20.61%	21.93%	22.89%	22.67%
Operating Margin	22.16%	19.43%	9.81%	11.56%	12.47%	11.39%
Profit Margin	19.47%	15.42%	8.43%	22.73%	10.86%	9.86%
Free Cash Flow Margin	9.93%	0.59%	3.50%	12.46%	5.01%	11.96%
EBITDA	722.71	600.82	283.6	342.64	389.07	338.49
EBITDA Margin	22.92%	20.10%	10.47%	12.20%	13.07%	11.99%
D&A For EBITDA	24.1	20.05	17.77	18.09	17.86	17.15
EBIT	698.62	580.77	265.82	324.55	371.21	321.34
EBIT Margin	22.16%	19.43%	9.81%	11.56%	12.47%	11.39%
Effective Tax Rate	21.18%	20.73%	22.95%	20.37%	21.88%	21.57%

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