The Landis Taipei Hotel Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	436.56	424.76	432.15	252.68	211.24	296.3
Revenue Growth (YoY)	1.82%	-1.71%	71.03%	19.62%	-28.71%	-39.16%
Cost of Revenue	251.6	265.28	250.83	230.46	237.47	273.89
Gross Profit	184.96	159.48	181.33	22.21	-26.23	22.41
Selling, General & Admin	151.01	144.7	135.1	108.35	107.03	128.31
Operating Expenses	151.31	144.79	135.23	108.36	110.73	128.17
Operating Income	33.65	14.69	46.1	-86.14	-136.96	-105.76
Interest Expense	-4.42	-4.4	-4.8	-3.46	-4.55	-4.87
Interest & Investment Income	2.34	2.7	1.02	0.42	0.24	0.33
Currency Exchange Gain (Loss)	0.13	0.13	0.11	0.03	0.02	0.05
Other Non Operating Income (Expenses)	3.93	4.05	4.75	4.79	5.14	4.57
EBT Excluding Unusual Items	35.64	17.17	47.18	-84.37	-136.11	-105.68
Gain (Loss) on Sale of Investments	-	-	-	-	4.23	-
Gain (Loss) on Sale of Assets	-0.01	-0.02	-0.02	-0.07	-1.01	-0.22
Other Unusual Items	-	-	-	0.02	11.49	21.65
Pretax Income	35.63	17.15	47.16	-84.42	-121.41	-84.25
Income Tax Expense	7.34	3.52	8.34	0.97	2.78	-17.02
Earnings From Continuing Operations	28.29	13.64	38.82	-85.4	-124.19	-67.23
Earnings From Discontinued Operations	-	-	-	-	-	-98.81
Net Income	28.29	13.64	38.82	-85.4	-124.19	-166.04
Net Income to Common	28.29	13.64	38.82	-85.4	-124.19	-166.04
Net Income Growth	67.07%	-64.87%	-	-	-	-
Shares Outstanding (Basic)	70	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70	70
EPS (Basic)	0.40	0.19	0.55	-1.22	-1.77	-2.36
EPS (Diluted)	0.40	0.19	0.55	-1.22	-1.77	-2.36
EPS Growth	66.67%	-65.45%	-	-	-	-
Free Cash Flow	71.19	69.04	89	-50.14	-49.87	-84.23
Free Cash Flow Per Share	1.01	0.98	1.27	-0.71	-0.71	-1.20
Gross Margin	42.37%	37.55%	41.96%	8.79%	-12.42%	7.56%
Operating Margin	7.71%	3.46%	10.67%	-34.09%	-64.84%	-35.69%
Profit Margin	6.48%	3.21%	8.98%	-33.80%	-58.79%	-56.04%
Free Cash Flow Margin	16.31%	16.25%	20.59%	-19.84%	-23.61%	-28.43%
EBITDA	59.26	58.54	93.88	-37.76	-79.88	-42.03
EBITDA Margin	13.57%	13.78%	21.72%	-14.94%	-37.82%	-14.19%
D&A For EBITDA	25.6	43.86	47.78	48.39	57.08	63.73
EBIT	33.65	14.69	46.1	-86.14	-136.96	-105.76
EBIT Margin	7.71%	3.46%	10.67%	-34.09%	-64.84%	-35.69%
Effective Tax Rate	20.59%	20.50%	17.69%	-	-	-

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