Golden Insurance Brokers Co.,Ltd. (TPEX:6028)

Golden Insurance Brokers Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,479	3,043	2,189	2,255	2,368
Revenue Growth (YoY)	47.19%	39.03%	-2.92%	-4.78%	1.24%
Cost of Revenue	3,782	2,558	1,819	1,870	1,991
Gross Profit	697.32	485.65	369.68	385.08	377.15
Selling, General & Admin	401.98	335.92	287.42	280.26	259.79
Operating Expenses	401.98	335.98	287.42	280.26	259.79
Operating Income	295.34	149.67	82.26	104.82	117.36
Interest Expense	-1.47	-1.54	-1.89	-2.23	-1.67
Interest & Investment Income	2.95	1.59	0.47	0.18	0.22
Other Non Operating Income (Expenses)	2.4	-0.24	-0.62	-0.96	0.31
EBT Excluding Unusual Items	299.22	149.49	80.22	101.81	116.23
Pretax Income	299.22	149.49	80.22	101.81	116.23
Income Tax Expense	60.32	30.32	15.31	20.76	23.2
Net Income	238.9	119.17	64.91	81.05	93.03
Net Income to Common	238.9	119.17	64.91	81.05	93.03
Net Income Growth	100.48%	83.58%	-19.91%	-12.88%	8.07%
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change (YoY)	0.20%	0.15%	-0.07%	0.01%	7.25%
EPS (Basic)	11.94	5.96	3.25	4.05	4.65
EPS (Diluted)	11.88	5.94	3.24	4.04	4.64
EPS Growth	100.00%	83.33%	-19.80%	-12.93%	0.87%
Free Cash Flow	392.08	191.57	145.26	119.26	146
Free Cash Flow Per Share	19.49	9.54	7.25	5.95	7.28
Dividend Per Share	8.000	4.500	3.000	3.500	3.500
Dividend Growth	77.78%	50.00%	-14.29%	-	-
Gross Margin	15.57%	15.96%	16.89%	17.08%	15.93%
Operating Margin	6.59%	4.92%	3.76%	4.65%	4.96%
Profit Margin	5.33%	3.92%	2.97%	3.60%	3.93%
Free Cash Flow Margin	8.75%	6.30%	6.64%	5.29%	6.17%
EBITDA	320.03	171.19	101.37	123.89	132.24
EBITDA Margin	7.14%	5.63%	4.63%	5.50%	5.58%
D&A For EBITDA	24.69	21.52	19.11	19.06	14.88
EBIT	295.34	149.67	82.26	104.82	117.36
EBIT Margin	6.59%	4.92%	3.76%	4.65%	4.96%
Effective Tax Rate	20.16%	20.28%	19.08%	20.39%	19.96%

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