Ablerex Electronics Co., Ltd. (TPEX:3628)

Ablerex Electronics 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	3,122	3,024	2,925	3,058	2,985	2,362
Revenue Growth (YoY)	9.50%	3.38%	-4.34%	2.45%	26.37%	-4.08%
Cost of Revenue	2,293	2,225	2,178	2,334	2,351	1,785
Gross Profit	828.81	799.08	747.44	723.88	634	576.82
Selling, General & Admin	530.09	509.47	461.21	435.54	398.79	375.49
Research & Development	189.32	188.97	170.98	165.06	157.54	147.42
Operating Expenses	717.92	699.99	636.72	602.72	556.02	523.87
Operating Income	110.88	99.09	110.72	121.16	77.98	52.95
Interest Expense	-12.57	-12.15	-13.66	-12.16	-6.61	-6.14
Interest & Investment Income	9.55	9.42	8.85	5.77	2.35	1.09
Currency Exchange Gain (Loss)	19.3	26.34	8	17.62	2.27	-4
Other Non Operating Income (Expenses)	11.93	12.12	4.7	9.07	11.51	17.37
EBT Excluding Unusual Items	139.09	134.82	118.61	141.44	87.5	61.27
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.02
Gain (Loss) on Sale of Assets	-1.67	-1.64	-1.98	-0.09	-0.3	-0.57
Other Unusual Items	0.01	0.01	0	-	-	0.01
Pretax Income	137.42	133.19	116.63	141.36	87.2	60.69
Income Tax Expense	36.68	35.96	26.04	27.53	14.4	18.06
Earnings From Continuing Operations	100.75	97.23	90.59	113.82	72.8	42.63
Minority Interest in Earnings	-1.01	-0.59	-2.91	0.88	-0.64	-0.71
Net Income	99.74	96.64	87.69	114.7	72.16	41.92
Net Income to Common	99.74	96.64	87.69	114.7	72.16	41.92
Net Income Growth	16.35%	10.21%	-23.55%	58.95%	72.15%	6.12%
Shares Outstanding (Basic)	45	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45	45
Shares Change (YoY)	0.01%	-0.01%	-0.05%	0.17%	0.10%	-0.03%
EPS (Basic)	2.22	2.15	1.95	2.55	1.60	0.93
EPS (Diluted)	2.21	2.14	1.94	2.54	1.60	0.93
EPS Growth	16.29%	10.31%	-23.62%	58.75%	72.04%	5.95%
Free Cash Flow	258.02	38.62	333.03	104.62	-236.76	102
Free Cash Flow Per Share	5.71	0.85	7.37	2.31	-5.24	2.26
Dividend Per Share	2.000	2.000	2.000	2.000	1.250	1.000
Dividend Growth	-	-	-	60.00%	25.00%	-
Gross Margin	26.55%	26.42%	25.55%	23.67%	21.24%	24.42%
Operating Margin	3.55%	3.28%	3.79%	3.96%	2.61%	2.24%
Profit Margin	3.19%	3.20%	3.00%	3.75%	2.42%	1.77%
Free Cash Flow Margin	8.27%	1.28%	11.39%	3.42%	-7.93%	4.32%
EBITDA	173.67	161.29	172.79	182.98	137.84	116.77
EBITDA Margin	5.56%	5.33%	5.91%	5.98%	4.62%	4.94%
D&A For EBITDA	62.79	62.2	62.07	61.83	59.86	63.82
EBIT	110.88	99.09	110.72	121.16	77.98	52.95
EBIT Margin	3.55%	3.28%	3.79%	3.96%	2.61%	2.24%
Effective Tax Rate	26.69%	27.00%	22.32%	19.48%	16.52%	29.76%

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