ADDCN Technology Co., Ltd (TPEX: 5287)

ADDCN Technology Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,214	2,150	1,958	1,685	1,540	1,468
Revenue Growth (YoY)	7.51%	9.78%	16.25%	9.40%	4.89%	-0.72%
Cost of Revenue	667.05	647.01	574.97	449.84	344.73	312.93
Gross Profit	1,547	1,503	1,383	1,235	1,195	1,155
Selling, General & Admin	616.2	564.21	556.46	463.47	421.7	379.52
Research & Development	89.5	103.87	69.23	66.9	51.79	45.65
Operating Expenses	705.7	668.08	625.68	526.78	473.49	437.96
Operating Income	841.32	834.79	757.73	707.97	721.56	717.14
Interest Expense	-4.39	-2.8	-1.85	-0.85	-0.17	-0.29
Interest & Investment Income	12.14	10.74	6.21	4.29	7.02	6.4
Earnings From Equity Investments	41.26	37.22	28.08	26.26	29.21	17.38
Currency Exchange Gain (Loss)	-1.2	-1.2	4.16	-0.97	-2.66	0.85
Other Non Operating Income (Expenses)	17.59	19.87	31.66	29.93	23.93	13.55
EBT Excluding Unusual Items	906.72	898.62	826	766.65	778.88	755.03
Gain (Loss) on Sale of Investments	0.36	0.36	-6.4	-1.75	-0.04	0.73
Gain (Loss) on Sale of Assets	-0.09	-0.09	-0	-0.01	-0.05	-0.21
Pretax Income	906.99	898.89	819.59	764.89	778.79	755.55
Income Tax Expense	194.61	193.44	168.29	160.35	156.62	154.7
Earnings From Continuing Operations	712.38	705.45	651.3	604.54	622.17	600.85
Net Income to Company	712.38	705.45	651.3	604.54	622.17	600.85
Minority Interest in Earnings	5.97	5.33	13.24	7.89	5.23	0.31
Net Income	718.35	710.78	664.55	612.43	627.4	601.16
Net Income to Common	718.35	710.78	664.55	612.43	627.4	601.16
Net Income Growth	3.38%	6.96%	8.51%	-2.39%	4.36%	0.94%
Shares Outstanding (Basic)	60	60	60	60	60	59
Shares Outstanding (Diluted)	60	60	60	60	60	60
Shares Change (YoY)	0.18%	0.27%	-0.06%	0.67%	0.15%	0.21%
EPS (Basic)	11.98	11.86	11.11	10.27	10.53	10.11
EPS (Diluted)	11.87	11.75	11.02	10.15	10.46	10.05
EPS Growth	3.16%	6.68%	8.53%	-2.99%	4.15%	0.79%
Free Cash Flow	702.83	754.66	725.16	667.8	703.62	546.87
Free Cash Flow Per Share	11.62	12.48	12.02	11.07	11.74	9.14
Dividend Per Share	8.902	8.837	7.619	9.566	8.587	9.159
Dividend Growth	-27.98%	15.99%	-20.35%	11.41%	-6.25%	2.40%
Gross Margin	69.87%	69.90%	70.64%	73.30%	77.61%	78.68%
Operating Margin	38.00%	38.83%	38.69%	42.03%	46.86%	48.85%
Profit Margin	32.44%	33.06%	33.93%	36.35%	40.75%	40.95%
Free Cash Flow Margin	31.74%	35.10%	37.03%	39.64%	45.70%	37.25%
EBITDA	907.88	896.01	813.22	763.47	774.74	764.07
EBITDA Margin	41.00%	41.68%	41.52%	45.32%	50.31%	52.05%
D&A For EBITDA	66.55	61.22	55.49	55.49	53.18	46.93
EBIT	841.32	834.79	757.73	707.97	721.56	717.14
EBIT Margin	38.00%	38.83%	38.69%	42.03%	46.86%	48.85%
Effective Tax Rate	21.46%	21.52%	20.53%	20.96%	20.11%	20.48%

Source: S&P Capital IQ. Standard template. Financial Sources.