Golden Insurance Brokers 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	4,764	4,479	3,043	2,189	2,255	2,368
Revenue Growth (YoY)	17.22%	47.19%	39.03%	-2.92%	-4.78%	1.24%
Cost of Revenue	4,091	3,782	2,558	1,819	1,870	1,991
Gross Profit	672.92	697.32	485.65	369.68	385.08	377.15
Selling, General & Admin	435.21	401.98	335.92	287.42	280.26	259.79
Operating Expenses	435.21	401.98	335.98	287.42	280.26	259.79
Operating Income	237.7	295.34	149.67	82.26	104.82	117.36
Interest Expense	-1.86	-1.47	-1.54	-1.89	-2.23	-1.67
Interest & Investment Income	4.05	2.95	1.59	0.47	0.18	0.22
Other Non Operating Income (Expenses)	-23.69	2.4	-0.24	-0.62	-0.96	0.31
EBT Excluding Unusual Items	216.2	299.22	149.49	80.22	101.81	116.23
Pretax Income	216.2	299.22	149.49	80.22	101.81	116.23
Income Tax Expense	46.81	60.32	30.32	15.31	20.76	23.2
Net Income	169.39	238.9	119.17	64.91	81.05	93.03
Net Income to Common	169.39	238.9	119.17	64.91	81.05	93.03
Net Income Growth	-24.93%	100.48%	83.58%	-19.91%	-12.88%	8.07%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
Shares Change (YoY)	0.26%	0.20%	0.15%	-0.07%	0.01%	7.25%
EPS (Basic)	7.70	10.86	5.42	2.95	3.68	4.23
EPS (Diluted)	7.66	10.80	5.40	2.95	3.67	4.22
EPS Growth	-25.07%	100.00%	83.33%	-19.80%	-12.93%	0.87%
Free Cash Flow	301.61	392.08	191.57	145.26	119.26	146
Free Cash Flow Per Share	13.62	17.72	8.68	6.59	5.41	6.62
Dividend Per Share	7.273	7.273	4.091	2.727	3.182	3.182
Dividend Growth	77.78%	77.78%	50.00%	-14.28%	-	-
Gross Margin	14.12%	15.57%	15.96%	16.89%	17.08%	15.93%
Operating Margin	4.99%	6.59%	4.92%	3.76%	4.65%	4.96%
Profit Margin	3.56%	5.33%	3.92%	2.97%	3.60%	3.93%
Free Cash Flow Margin	6.33%	8.75%	6.30%	6.64%	5.29%	6.17%
EBITDA	265.84	320.03	171.19	101.37	123.89	132.24
EBITDA Margin	5.58%	7.14%	5.63%	4.63%	5.50%	5.58%
D&A For EBITDA	28.13	24.69	21.52	19.11	19.06	14.88
EBIT	237.7	295.34	149.67	82.26	104.82	117.36
EBIT Margin	4.99%	6.59%	4.92%	3.76%	4.65%	4.96%
Effective Tax Rate	21.65%	20.16%	20.28%	19.08%	20.39%	19.96%

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