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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,242	2,150	1,958	1,685	1,540	1,468
Revenue Growth (YoY)	6.10%	9.78%	16.25%	9.40%	4.89%	-0.72%
Cost of Revenue	681.04	647.01	574.97	449.84	344.73	312.93
Gross Profit	1,561	1,503	1,383	1,235	1,195	1,155
Selling, General & Admin	615.67	564.21	556.46	463.47	421.7	379.52
Research & Development	99.53	103.87	69.23	66.9	51.79	45.65
Operating Expenses	715.19	668.08	625.68	526.78	473.49	437.96
Operating Income	845.58	834.79	757.73	707.97	721.56	717.14
Interest Expense	-5.76	-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	42.59	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)	21.73	19.87	31.66	29.93	23.93	13.55
EBT Excluding Unusual Items	915.07	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	915.34	898.89	819.59	764.89	778.79	755.55
Income Tax Expense	192.95	193.44	168.29	160.35	156.62	154.7
Earnings From Continuing Operations	722.39	705.45	651.3	604.54	622.17	600.85
Net Income to Company	722.39	705.45	651.3	604.54	622.17	600.85
Minority Interest in Earnings	3.4	5.33	13.24	7.89	5.23	0.31
Net Income	725.79	710.78	664.55	612.43	627.4	601.16
Net Income to Common	725.79	710.78	664.55	612.43	627.4	601.16
Net Income Growth	0.68%	6.96%	8.51%	-2.39%	4.36%	0.94%
Shares Outstanding (Basic)	60	60	60	60	60	59
Shares Outstanding (Diluted)	61	60	60	60	60	60
Shares Change (YoY)	0.17%	0.27%	-0.06%	0.67%	0.15%	0.21%
EPS (Basic)	12.10	11.86	11.11	10.27	10.53	10.11
EPS (Diluted)	11.99	11.75	11.02	10.15	10.46	10.05
EPS Growth	0.49%	6.68%	8.53%	-2.99%	4.15%	0.79%
Free Cash Flow	722.97	754.66	725.16	667.8	703.62	546.87
Free Cash Flow Per Share	11.95	12.48	12.02	11.07	11.74	9.14
Dividend Per Share	9.257	8.837	7.619	9.566	8.587	9.159
Dividend Growth	8.26%	15.99%	-20.35%	11.41%	-6.25%	2.40%
Gross Margin	69.62%	69.90%	70.64%	73.30%	77.61%	78.68%
Operating Margin	37.72%	38.83%	38.69%	42.03%	46.86%	48.85%
Profit Margin	32.38%	33.06%	33.93%	36.35%	40.75%	40.95%
Free Cash Flow Margin	32.25%	35.10%	37.03%	39.64%	45.70%	37.25%
EBITDA	913.52	896.01	813.22	763.47	774.74	764.07
EBITDA Margin	40.75%	41.68%	41.52%	45.32%	50.31%	52.05%
D&A For EBITDA	67.94	61.22	55.49	55.49	53.18	46.93
EBIT	845.58	834.79	757.73	707.97	721.56	717.14
EBIT Margin	37.72%	38.83%	38.69%	42.03%	46.86%	48.85%
Effective Tax Rate	21.08%	21.52%	20.53%	20.96%	20.11%	20.48%

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