ThinTech Materials Technology Co., Ltd. (TPEX:3663)

TPEX:3663 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,456	5,266	5,884	2,527	3,003	2,398
Revenue Growth (YoY)	-2.07%	-10.51%	132.83%	-15.84%	25.22%	11.99%
Cost of Revenue	5,143	4,895	5,476	2,300	2,771	2,190
Gross Profit	312.93	370.72	408.7	227.82	231.78	208.63
Selling, General & Admin	206.91	221.34	198.56	117.37	118.97	108.78
Research & Development	47.65	59.57	55.04	25.75	22.79	27.39
Operating Expenses	253.95	280.93	253.46	142.94	139.09	138.51
Operating Income	58.98	89.79	155.24	84.89	92.69	70.12
Interest Expense	-20.5	-22.45	-29.02	-9.55	-8.54	-10.04
Interest & Investment Income	4.76	10.23	9.89	1.27	1.45	1.89
Earnings From Equity Investments	0.71	0.57	1.05	0.95	0.52	-
Currency Exchange Gain (Loss)	-17.93	18.2	-6.18	13.26	-3.67	-4.57
Other Non Operating Income (Expenses)	45.08	23.83	23.25	12.37	2.55	0.83
EBT Excluding Unusual Items	71.1	120.17	154.23	103.19	85	58.24
Gain (Loss) on Sale of Assets	14.42	12.34	0.01	0.3	2.25	2.22
Other Unusual Items	-	-19.47	-48.41	-	-	-
Pretax Income	85.51	113.03	105.83	103.49	87.26	60.46
Income Tax Expense	45.54	40.4	45.52	21.48	16.94	13.13
Earnings From Continuing Operations	39.98	72.63	60.31	82	70.31	47.33
Minority Interest in Earnings	-16.35	-22.85	-20.75	-	-	-
Net Income	23.62	49.79	39.57	82	70.31	47.33
Preferred Dividends & Other Adjustments	-	-19.47	-48.41	-	-	-
Net Income to Common	23.62	69.26	87.98	82	70.31	47.33
Net Income Growth	-47.76%	25.82%	-51.75%	16.63%	48.57%	-60.21%
Shares Outstanding (Basic)	108	104	101	73	73	73
Shares Outstanding (Diluted)	108	104	106	74	74	74
Shares Change (YoY)	-0.33%	-1.72%	44.09%	0.13%	-0.09%	-0.27%
EPS (Basic)	0.22	0.66	0.87	1.12	0.96	0.64
EPS (Diluted)	0.21	0.66	0.86	1.11	0.95	0.64
EPS Growth	-74.58%	-23.12%	-22.66%	16.84%	48.44%	-60.25%
Free Cash Flow	328.26	307.52	682.99	66.14	-36.01	109.21
Free Cash Flow Per Share	3.05	2.94	6.43	0.90	-0.49	1.48
Dividend Per Share	0.400	0.400	0.600	1.000	0.900	0.800
Dividend Growth	-33.33%	-33.33%	-40.00%	11.11%	12.50%	-20.00%
Gross Margin	5.73%	7.04%	6.94%	9.01%	7.72%	8.70%
Operating Margin	1.08%	1.70%	2.64%	3.36%	3.09%	2.92%
Profit Margin	0.43%	1.31%	1.49%	3.25%	2.34%	1.97%
Free Cash Flow Margin	6.02%	5.84%	11.61%	2.62%	-1.20%	4.55%
EBITDA	139.47	173.56	238.95	120.06	130.03	112.68
EBITDA Margin	2.56%	3.30%	4.06%	4.75%	4.33%	4.70%
D&A For EBITDA	80.49	83.78	83.71	35.18	37.34	42.56
EBIT	58.98	89.79	155.24	84.89	92.69	70.12
EBIT Margin	1.08%	1.70%	2.64%	3.36%	3.09%	2.92%
Effective Tax Rate	53.25%	35.74%	43.01%	20.76%	19.42%	21.72%

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