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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,116	1,219	1,040	961.41	1,076	701.47
Revenue Growth (YoY)	-0.78%	17.24%	8.17%	-10.67%	53.43%	8.78%
Cost of Revenue	948.17	1,040	889.95	807.84	953.66	595.47
Gross Profit	167.44	179.01	150.05	153.57	122.63	106
Selling, General & Admin	158.9	160.02	157.81	127.49	92.98	97.19
Research & Development	47.21	46.96	38.02	26.61	22.84	22.48
Operating Expenses	206.83	207.94	196.37	149.87	118.81	119.2
Operating Income	-39.38	-28.93	-46.33	3.7	3.82	-13.2
Interest Expense	-13.42	-13.37	-12.62	-5.64	-3.29	-2.8
Interest & Investment Income	10.64	10.91	10.73	8.11	4.71	8.69
Earnings From Equity Investments	-	-	-	4.16	3.58	-0.68
Currency Exchange Gain (Loss)	8.21	8.21	2.11	21.45	-3.38	-1.55
Other Non Operating Income (Expenses)	55.57	52.58	60.24	66.39	62.97	37.94
EBT Excluding Unusual Items	21.63	29.4	14.14	98.17	68.42	28.4
Gain (Loss) on Sale of Investments	0.03	0.03	5.84	-12.73	-21.04	4.8
Gain (Loss) on Sale of Assets	0.1	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	21.75	29.52	19.02	82.37	49.13	18.25
Income Tax Expense	4.25	6.46	6.37	22.35	5.28	0.21
Earnings From Continuing Operations	17.5	23.06	12.65	60.02	43.85	18.04
Minority Interest in Earnings	1.63	-3.59	2.1	-4.45	-0.19	-0.24
Net Income	19.13	19.47	14.75	55.57	43.66	17.8
Net Income to Common	19.13	19.47	14.75	55.57	43.66	17.8
Net Income Growth	10.95%	32.02%	-73.46%	27.27%	145.27%	692.21%
Shares Outstanding (Basic)	58	55	54	54	54	54
Shares Outstanding (Diluted)	58	55	54	54	54	54
Shares Change (YoY)	7.53%	2.38%	-0.39%	-0.03%	0.30%	-1.41%
EPS (Basic)	0.33	0.36	0.28	1.04	0.82	0.33
EPS (Diluted)	0.33	0.35	0.27	1.03	0.81	0.33
EPS Growth	1.77%	29.63%	-73.82%	26.97%	145.71%	774.60%
Free Cash Flow	16.72	18.94	-14.77	90.18	-1.01	-38.29
Free Cash Flow Per Share	0.29	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	15.01%	14.68%	14.43%	15.97%	11.39%	15.11%
Operating Margin	-3.53%	-2.37%	-4.45%	0.39%	0.36%	-1.88%
Profit Margin	1.71%	1.60%	1.42%	5.78%	4.06%	2.54%
Free Cash Flow Margin	1.50%	1.55%	-1.42%	9.38%	-0.09%	-5.46%
EBITDA	50.36	60.16	46.41	69.26	42.32	18.86
EBITDA Margin	4.51%	4.93%	4.46%	7.20%	3.93%	2.69%
D&A For EBITDA	89.74	89.1	92.74	65.57	38.5	32.06
EBIT	-39.38	-28.93	-46.33	3.7	3.82	-13.2
EBIT Margin	-3.53%	-2.37%	-4.45%	0.39%	0.36%	-1.88%
Effective Tax Rate	19.53%	21.89%	33.47%	27.14%	10.75%	1.15%

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.