Lanner Electronics Inc. (TPEX: 6245)

Lanner Electronics 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,252	8,371	9,819	7,681	7,503	7,725
Revenue Growth (YoY)	-28.17%	-14.74%	27.84%	2.37%	-2.88%	3.54%
Cost of Revenue	4,751	5,552	6,824	5,643	5,296	5,509
Gross Profit	2,500	2,819	2,995	2,038	2,206	2,216
Selling, General & Admin	1,037	1,016	1,093	840.11	926.91	958.89
Research & Development	618.31	642.07	726.37	565.46	563.45	570.06
Operating Expenses	1,654	1,658	1,806	1,413	1,547	1,545
Operating Income	845.92	1,161	1,189	624.94	659.19	671.47
Interest Expense	-4.82	-10.5	-16.88	-16.18	-6.99	-7.87
Interest & Investment Income	79.48	59.15	15.8	7.05	7.55	6.23
Earnings From Equity Investments	0.92	4.04	-	-	-	-
Currency Exchange Gain (Loss)	13.75	-34.99	48.05	14.27	-5.47	-7.67
Other Non Operating Income (Expenses)	28.9	23.39	37	32.53	34.62	42.96
EBT Excluding Unusual Items	964.15	1,202	1,273	662.6	688.9	705.12
Gain (Loss) on Sale of Investments	-1.54	-1.36	1.74	-	139.34	-
Gain (Loss) on Sale of Assets	-1.49	-1.46	1.48	0.28	-0.47	0.06
Pretax Income	961.12	1,199	1,276	662.88	827.78	705.18
Income Tax Expense	126.21	211.78	273.07	109.17	188.81	144.27
Earnings From Continuing Operations	834.92	987.23	1,003	553.72	638.97	560.92
Minority Interest in Earnings	0.01	0.2	0.07	-7.33	-43.07	-68.49
Net Income	834.93	987.43	1,003	546.39	595.9	492.43
Net Income to Common	834.93	987.43	1,003	546.39	595.9	492.43
Net Income Growth	-30.79%	-1.58%	83.62%	-8.31%	21.01%	16.07%
Shares Outstanding (Basic)	141	130	125	125	125	125
Shares Outstanding (Diluted)	149	148	147	146	130	127
Shares Change (YoY)	1.72%	1.22%	0.31%	12.66%	2.37%	0.26%
EPS (Basic)	5.94	7.57	8.03	4.39	4.76	3.94
EPS (Diluted)	5.60	6.69	6.89	3.78	4.60	3.89
EPS Growth	-32.14%	-2.90%	82.16%	-17.78%	18.36%	15.73%
Free Cash Flow	1,368	2,201	1,312	244.63	424.37	544.93
Free Cash Flow Per Share	9.16	14.84	8.96	1.67	3.27	4.30
Dividend Per Share	4.250	4.250	3.774	2.830	3.113	2.642
Dividend Growth	12.62%	12.62%	33.33%	-9.09%	17.86%	51.20%
Gross Margin	34.48%	33.67%	30.51%	26.53%	29.41%	28.69%
Operating Margin	11.67%	13.87%	12.11%	8.14%	8.79%	8.69%
Profit Margin	11.51%	11.80%	10.22%	7.11%	7.94%	6.37%
Free Cash Flow Margin	18.86%	26.29%	13.37%	3.19%	5.66%	7.05%
EBITDA	944.37	1,265	1,286	718.84	762.17	776.03
EBITDA Margin	13.02%	15.11%	13.10%	9.36%	10.16%	10.05%
D&A For EBITDA	98.45	104.23	97.18	93.9	102.97	104.57
EBIT	845.92	1,161	1,189	624.94	659.19	671.47
EBIT Margin	11.67%	13.87%	12.11%	8.14%	8.79%	8.69%
Effective Tax Rate	13.13%	17.66%	21.40%	16.47%	22.81%	20.46%

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