Zen Voce Corporation (TPEX:3581)

Zen Voce 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	1,423	1,378	1,461	1,510	1,308	1,199
Revenue Growth (YoY)	2.62%	-5.65%	-3.23%	15.43%	9.12%	1.54%
Cost of Revenue	940.31	919.75	1,026	943.03	784.11	724
Gross Profit	482.9	458.48	434.62	566.57	523.68	474.5
Selling, General & Admin	291.38	300.86	283.65	317.04	304.48	271.96
Research & Development	89.78	98.37	83.61	93.37	84.95	68.53
Operating Expenses	388.64	400.94	364.96	407.29	374.96	349.94
Operating Income	94.26	57.54	69.66	159.28	148.72	124.57
Interest Expense	-9.9	-10.43	-10.57	-8.63	-6.84	-7.13
Interest & Investment Income	10.17	13.73	14.98	3.82	3.46	4.6
Earnings From Equity Investments	-0.34	-0.39	-0.57	-	-	-
Currency Exchange Gain (Loss)	16.45	16.45	-1.74	16.66	-6.27	-24.35
Other Non Operating Income (Expenses)	-27.32	0.59	1	0.02	1.03	9.66
EBT Excluding Unusual Items	83.31	77.48	72.76	171.16	140.11	107.34
Impairment of Goodwill	-	-	-	-	-	-40.75
Gain (Loss) on Sale of Investments	28.89	28.89	18.25	-32.36	16.1	17.13
Gain (Loss) on Sale of Assets	-	-	-0.06	-0.11	-0.68	73.41
Other Unusual Items	0.02	0.02	0.01	0.14	0.12	0.51
Pretax Income	112.21	106.39	90.95	138.82	155.65	157.63
Income Tax Expense	33.19	34	30.72	48.54	28.1	41.1
Earnings From Continuing Operations	79.03	72.38	60.23	90.28	127.55	116.53
Minority Interest in Earnings	-41.57	-41.55	-32.33	-26.14	-19.87	-39.9
Net Income	37.46	30.83	27.9	64.15	107.68	76.62
Net Income to Common	37.46	30.83	27.9	64.15	107.68	76.62
Net Income Growth	2441.11%	10.50%	-56.50%	-40.43%	40.53%	42.69%
Shares Outstanding (Basic)	52	51	51	51	51	51
Shares Outstanding (Diluted)	52	51	51	51	51	51
Shares Change (YoY)	2.22%	-	-	-	-	-0.09%
EPS (Basic)	0.72	0.60	0.55	1.26	2.11	1.50
EPS (Diluted)	0.71	0.60	0.55	1.26	2.11	1.50
EPS Growth	2370.79%	9.68%	-56.50%	-40.40%	40.67%	42.86%
Free Cash Flow	46.44	31.4	164.67	110.59	109.8	13.93
Free Cash Flow Per Share	0.89	0.62	3.23	2.17	2.15	0.27
Dividend Per Share	-	0.500	0.500	0.800	1.000	0.900
Dividend Growth	-	-	-37.50%	-20.00%	11.11%	28.57%
Gross Margin	33.93%	33.27%	29.75%	37.53%	40.04%	39.59%
Operating Margin	6.62%	4.17%	4.77%	10.55%	11.37%	10.39%
Profit Margin	2.63%	2.24%	1.91%	4.25%	8.23%	6.39%
Free Cash Flow Margin	3.26%	2.28%	11.27%	7.33%	8.40%	1.16%
EBITDA	105.03	71.35	81.16	171.93	159.28	136.54
EBITDA Margin	7.38%	5.18%	5.56%	11.39%	12.18%	11.39%
D&A For EBITDA	10.77	13.81	11.51	12.65	10.56	11.97
EBIT	94.26	57.54	69.66	159.28	148.72	124.57
EBIT Margin	6.62%	4.17%	4.77%	10.55%	11.37%	10.39%
Effective Tax Rate	29.57%	31.96%	33.77%	34.96%	18.05%	26.08%
Revenue as Reported	1,423	1,378	1,461	1,510	1,308	1,199

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