United Orthopedic Corporation (TPEX:4129)

United Orthopedic 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	4,884	4,653	3,930	3,169	2,571	2,342
Revenue Growth (YoY)	20.08%	18.40%	24.02%	23.25%	9.76%	-3.88%
Cost of Revenue	1,048	1,031	893.52	805.7	729.52	700.19
Gross Profit	3,836	3,622	3,036	2,363	1,841	1,642
Selling, General & Admin	2,917	2,778	2,315	1,847	1,538	1,397
Research & Development	231.67	220.49	185.03	167.26	143.68	155.09
Other Operating Expenses	-3.9	-0.2	-15.01	7.27	-1.91	-4.76
Operating Expenses	3,159	3,013	2,493	2,021	1,680	1,552
Operating Income	677.04	608.99	543.27	341.58	161.43	89.88
Interest Expense	-43.83	-43.19	-44.14	-24.11	-17.64	-31.39
Interest & Investment Income	14.48	12.72	9	6.29	2.01	4.13
Earnings From Equity Investments	-60.26	-71.3	-76.42	-94.64	-49.5	-14.27
Currency Exchange Gain (Loss)	32.37	32.37	33.64	46.07	-44.18	3.56
Other Non Operating Income (Expenses)	91.22	33.86	44.05	25.64	21.29	59.12
EBT Excluding Unusual Items	711.02	573.45	509.41	300.84	73.41	111.04
Gain (Loss) on Sale of Assets	1.66	1.66	-0.18	0.59	1.18	-1.89
Other Unusual Items	-	-	-	1.59	-	-
Pretax Income	712.68	575.1	509.23	303.02	74.59	109.16
Income Tax Expense	153.19	114.72	120.92	79.44	21.72	7.84
Earnings From Continuing Operations	559.48	460.38	388.31	223.58	52.88	101.31
Minority Interest in Earnings	-5.95	-3.95	-4.11	-2.05	-0.61	0.52
Net Income	553.53	456.43	384.2	221.53	52.27	101.83
Preferred Dividends & Other Adjustments	0.47	0.47	4.58	-	23.4	23.4
Net Income to Common	553.05	455.96	379.62	221.53	28.87	78.43
Net Income Growth	34.57%	18.80%	73.43%	323.82%	-48.67%	14.95%
Shares Outstanding (Basic)	96	96	84	78	78	78
Shares Outstanding (Diluted)	96	96	93	88	78	88
Shares Change (YoY)	0.88%	3.31%	5.60%	12.77%	-11.73%	-0.07%
EPS (Basic)	5.74	4.74	4.50	2.84	0.37	1.00
EPS (Diluted)	5.74	4.74	4.18	2.51	0.37	0.94
EPS Growth	31.57%	13.41%	66.51%	578.38%	-60.53%	-7.50%
Free Cash Flow	378.53	192.95	-79.48	53.66	142.58	317.51
Free Cash Flow Per Share	3.93	2.01	-0.85	0.61	1.82	3.59
Dividend Per Share	4.000	4.000	4.000	2.500	-	0.834
Dividend Growth	-0.10%	-	60.00%	-	-	4.25%
Gross Margin	78.54%	77.85%	77.26%	74.57%	71.62%	70.11%
Operating Margin	13.86%	13.09%	13.82%	10.78%	6.28%	3.84%
Profit Margin	11.32%	9.80%	9.66%	6.99%	1.12%	3.35%
Free Cash Flow Margin	7.75%	4.15%	-2.02%	1.69%	5.55%	13.56%
EBITDA	1,115	1,030	902.52	641.25	437.97	338.03
EBITDA Margin	22.82%	22.13%	22.96%	20.24%	17.04%	14.43%
D&A For EBITDA	437.56	420.54	359.25	299.67	276.55	248.15
EBIT	677.04	608.99	543.27	341.58	161.43	89.88
EBIT Margin	13.86%	13.09%	13.82%	10.78%	6.28%	3.84%
Effective Tax Rate	21.50%	19.95%	23.75%	26.22%	29.11%	7.18%

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