Formosa Optical Technology Co.,Ltd. (TPEX:5312)

TPEX:5312 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	3,955	3,972	3,864	3,298	2,913	3,062
Revenue Growth (YoY)	0.23%	2.80%	17.16%	13.20%	-4.86%	-4.80%
Cost of Revenue	1,439	1,472	1,482	1,287	1,166	1,228
Gross Profit	2,516	2,500	2,382	2,011	1,748	1,834
Selling, General & Admin	2,203	2,167	2,054	1,824	1,679	1,708
Operating Expenses	2,203	2,167	2,054	1,824	1,679	1,707
Operating Income	312.85	332.73	328.03	186.93	68.25	127.01
Interest Expense	-48.67	-43.89	-35.56	-28.46	-20.86	-20.83
Interest & Investment Income	181.53	182.98	159.94	61.5	19	14.26
Earnings From Equity Investments	12.8	115.21	-10.8	-48.02	174.1	182.83
Currency Exchange Gain (Loss)	0.35	0.35	0.88	10.03	-2.13	-8.26
Other Non Operating Income (Expenses)	86.78	43.95	38.39	38.82	94.15	61.88
EBT Excluding Unusual Items	545.63	631.33	480.87	220.8	332.51	356.89
Gain (Loss) on Sale of Investments	-10.83	-10.83	18.66	-15.38	10.78	12.96
Gain (Loss) on Sale of Assets	-4.14	-4.14	-0.71	0.48	0.02	-2.16
Other Unusual Items	1.48	1.48	0.59	-0.08	6.73	4.87
Pretax Income	532.14	617.84	499.41	205.82	350.04	372.57
Income Tax Expense	121.58	123.28	81.51	35.64	64.39	67.35
Earnings From Continuing Operations	410.55	494.56	417.9	170.18	285.65	305.21
Minority Interest in Earnings	0.28	0.26	0.04	0.01	4.25	3.11
Net Income	410.84	494.81	417.94	170.19	289.9	308.32
Net Income to Common	410.84	494.81	417.94	170.19	289.9	308.32
Net Income Growth	-12.08%	18.39%	145.58%	-41.30%	-5.97%	-18.66%
Shares Outstanding (Basic)	60	60	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	60	60	60
Shares Change (YoY)	-0.11%	-0.01%	0.09%	-0.11%	-0.03%	0.01%
EPS (Basic)	6.84	8.24	6.96	2.83	4.83	5.13
EPS (Diluted)	6.83	8.22	6.94	2.83	4.81	5.12
EPS Growth	-11.95%	18.44%	145.23%	-41.16%	-6.05%	-18.60%
Free Cash Flow	510.57	592.52	672.49	564.94	553.6	424.52
Free Cash Flow Per Share	8.48	9.84	11.16	9.39	9.19	7.04
Dividend Per Share	-	7.500	6.000	4.300	4.300	4.000
Dividend Growth	-	25.00%	39.53%	-	7.50%	-
Gross Margin	63.62%	62.93%	61.65%	60.98%	59.99%	59.90%
Operating Margin	7.91%	8.38%	8.49%	5.67%	2.34%	4.15%
Profit Margin	10.39%	12.46%	10.82%	5.16%	9.95%	10.07%
Free Cash Flow Margin	12.91%	14.92%	17.41%	17.13%	19.00%	13.86%
EBITDA	493.36	504.69	485.39	333.87	201.64	258.2
EBITDA Margin	12.47%	12.71%	12.56%	10.12%	6.92%	8.43%
D&A For EBITDA	180.51	171.96	157.36	146.95	133.39	131.18
EBIT	312.85	332.73	328.03	186.93	68.25	127.01
EBIT Margin	7.91%	8.38%	8.49%	5.67%	2.34%	4.15%
Effective Tax Rate	22.85%	19.95%	16.32%	17.32%	18.39%	18.08%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.