ADO Optronics Corporation (TPEX:3516)

ADO Optronics 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	1,032	1,219	1,040	961.41	1,076	701.47
Revenue Growth (YoY)	-14.27%	17.24%	8.17%	-10.67%	53.43%	8.78%
Cost of Revenue	896.64	1,040	889.95	807.84	953.66	595.47
Gross Profit	135.84	179.01	150.05	153.57	122.63	106
Selling, General & Admin	154.1	160.02	157.81	127.49	92.98	97.19
Research & Development	42.66	46.96	38.02	26.61	22.84	22.48
Operating Expenses	198.27	207.94	196.37	149.87	118.81	119.2
Operating Income	-62.43	-28.93	-46.33	3.7	3.82	-13.2
Interest Expense	-17.3	-13.37	-12.62	-5.64	-3.29	-2.8
Interest & Investment Income	9.62	10.91	10.73	8.11	4.71	8.69
Earnings From Equity Investments	-	-	-	4.16	3.58	-0.68
Currency Exchange Gain (Loss)	6.57	8.21	2.11	21.45	-3.38	-1.55
Other Non Operating Income (Expenses)	59.44	52.58	60.24	66.39	62.97	37.94
EBT Excluding Unusual Items	-4.11	29.4	14.14	98.17	68.42	28.4
Gain (Loss) on Sale of Investments	-0.83	0.03	5.84	-12.73	-21.04	4.8
Gain (Loss) on Sale of Assets	0.16	0.1	5.16	-0.5	2.18	1.84
Asset Writedown	-	-	-6.13	-3.82	-0.43	-16.78
Other Unusual Items	-	-	-	1.24	-	-
Pretax Income	-4.78	29.52	19.02	82.37	49.13	18.25
Income Tax Expense	2.79	6.46	6.37	22.35	5.28	0.21
Earnings From Continuing Operations	-7.57	23.06	12.65	60.02	43.85	18.04
Minority Interest in Earnings	15.27	-3.59	2.1	-4.45	-0.19	-0.24
Net Income	7.71	19.47	14.75	55.57	43.66	17.8
Net Income to Common	7.71	19.47	14.75	55.57	43.66	17.8
Net Income Growth	-40.05%	32.02%	-73.46%	27.27%	145.27%	692.21%
Shares Outstanding (Basic)	59	55	54	54	54	54
Shares Outstanding (Diluted)	59	55	54	54	54	54
Shares Change (YoY)	10.69%	2.38%	-0.39%	-0.03%	0.30%	-1.41%
EPS (Basic)	0.13	0.36	0.28	1.04	0.82	0.33
EPS (Diluted)	0.13	0.35	0.27	1.03	0.81	0.33
EPS Growth	-46.63%	29.63%	-73.82%	26.97%	145.71%	774.60%
Free Cash Flow	-442.9	18.94	-14.77	90.18	-1.01	-38.29
Free Cash Flow Per Share	-7.45	0.34	-0.28	1.67	-0.02	-0.71
Dividend Per Share	0.250	0.250	0.020	0.189	0.189	0.189
Dividend Growth	1175.51%	1175.51%	-89.62%	-	-	-
Gross Margin	13.16%	14.68%	14.43%	15.97%	11.39%	15.11%
Operating Margin	-6.05%	-2.37%	-4.45%	0.39%	0.36%	-1.88%
Profit Margin	0.75%	1.60%	1.42%	5.78%	4.06%	2.54%
Free Cash Flow Margin	-42.90%	1.55%	-1.42%	9.38%	-0.09%	-5.46%
EBITDA	27.27	60.16	46.41	69.26	42.32	18.86
EBITDA Margin	2.64%	4.93%	4.46%	7.20%	3.93%	2.69%
D&A For EBITDA	89.7	89.1	92.74	65.57	38.5	32.06
EBIT	-62.43	-28.93	-46.33	3.7	3.82	-13.2
EBIT Margin	-6.05%	-2.37%	-4.45%	0.39%	0.36%	-1.88%
Effective Tax Rate	-	21.89%	33.47%	27.14%	10.75%	1.15%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.