Thermaltake Technology Co., Ltd. (TPEX:3540)

Thermaltake Technology 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
Operating Revenue	4,873	3,979	4,378	3,191	4,243	5,253
Other Revenue	1.73	0.77	1.39	0.63	0.08	0.07
Revenue	4,875	3,980	4,380	3,191	4,243	5,253
Revenue Growth (YoY)	22.31%	-9.13%	37.25%	-24.79%	-19.23%	30.24%
Cost of Revenue	3,297	2,791	3,022	2,218	2,794	3,303
Gross Profit	1,577	1,189	1,358	972.7	1,448	1,950
Selling, General & Admin	1,304	1,198	1,125	923.42	986.11	1,181
Research & Development	154.63	142.63	139.85	121.15	127.92	141.02
Other Operating Expenses	-	-	-	-0.77	-0.77	-0.49
Operating Expenses	1,467	1,349	1,258	1,044	1,113	1,322
Operating Income	109.99	-159.43	100.17	-71.1	335.15	627.91
Interest Expense	-54.02	-46.31	-30.36	-20.23	-13.01	-13.6
Interest & Investment Income	18.78	21.3	39.73	9.79	2.04	6.53
Currency Exchange Gain (Loss)	-59.92	57.49	13.68	122.5	-59.41	-25.24
Other Non Operating Income (Expenses)	-2.56	0.12	5.98	0.99	3.8	-5.65
EBT Excluding Unusual Items	9.82	-126.83	129.2	41.95	268.57	589.95
Gain (Loss) on Sale of Assets	-0.28	-0.43	-1.19	-0.48	-0.56	-0.29
Pretax Income	9.55	-127.26	128.01	41.48	268.01	589.66
Income Tax Expense	25.58	4.31	36.05	27.34	59	112.94
Earnings From Continuing Operations	-16.04	-131.57	91.97	14.14	209.01	476.72
Minority Interest in Earnings	24.5	33.92	8.38	16.59	8.17	-19.76
Net Income	8.47	-97.65	100.35	30.72	217.18	456.95
Net Income to Common	8.47	-97.65	100.35	30.72	217.18	456.95
Net Income Growth	-	-	226.64%	-85.86%	-52.47%	439.25%
Shares Outstanding (Basic)	72	72	72	71	71	71
Shares Outstanding (Diluted)	72	72	72	72	72	72
Shares Change (YoY)	0.52%	0.64%	0.44%	-0.08%	-0.36%	-1.76%
EPS (Basic)	0.12	-1.35	1.40	0.43	3.06	6.42
EPS (Diluted)	0.12	-1.35	1.40	0.43	3.03	6.36
EPS Growth	-	-	225.54%	-85.81%	-52.36%	450.75%
Free Cash Flow	64.01	-363.46	-99.45	72.07	-501.8	757.53
Free Cash Flow Per Share	0.88	-5.03	-1.39	1.01	-7.01	10.55
Dividend Per Share	-	-	0.896	0.298	1.600	3.175
Dividend Growth	-	-	200.67%	-81.37%	-49.61%	347.70%
Gross Margin	32.35%	29.88%	31.00%	30.48%	34.14%	37.12%
Operating Margin	2.26%	-4.01%	2.29%	-2.23%	7.90%	11.95%
Profit Margin	0.17%	-2.45%	2.29%	0.96%	5.12%	8.70%
Free Cash Flow Margin	1.31%	-9.13%	-2.27%	2.26%	-11.83%	14.42%
EBITDA	182.74	-94.3	156.59	-18.45	385.09	674.27
EBITDA Margin	3.75%	-2.37%	3.57%	-0.58%	9.08%	12.84%
D&A For EBITDA	72.74	65.13	56.42	52.64	49.94	46.36
EBIT	109.99	-159.43	100.17	-71.1	335.15	627.91
EBIT Margin	2.26%	-4.01%	2.29%	-2.23%	7.90%	11.95%
Effective Tax Rate	268.01%	-	28.16%	65.92%	22.01%	19.15%
Revenue as Reported	4,875	3,980	4,380	3,191	4,243	5,253

Source: S&P Global Market Intelligence. Standard template. Financial Sources.