Trusval Technology Co., Ltd. (TPEX:6667)

Trusval Technology 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	5,194	3,628	2,413	2,467	1,761	1,296
Revenue Growth (YoY)	92.89%	50.37%	-2.21%	40.09%	35.91%	4.05%
Cost of Revenue	4,041	2,773	1,768	1,953	1,378	1,056
Gross Profit	1,153	854.45	644.9	513.8	383.32	240.01
Selling, General & Admin	382.04	305.28	222.85	221.47	178.39	145.5
Research & Development	65.04	66.05	64.05	59.97	52.57	43.3
Operating Expenses	457.36	371.33	286.9	281.43	230.96	188.8
Operating Income	695.49	483.12	358	232.37	152.36	51.21
Interest Expense	-22.88	-18.4	-15.4	-11.57	-6.47	-7.74
Interest & Investment Income	16.17	17.98	9.28	0.78	0.07	0.11
Earnings From Equity Investments	3.1	1.19	1.27	4.16	-0.9	-2.38
Currency Exchange Gain (Loss)	-13.11	30.41	2.61	15.03	-2	-1.95
Other Non Operating Income (Expenses)	48.45	44.69	41.01	31.8	26.93	31.09
EBT Excluding Unusual Items	727.23	558.98	396.77	272.58	170	70.34
Gain (Loss) on Sale of Investments	0.98	0.98	3.86	-	-	-
Gain (Loss) on Sale of Assets	-5.87	-6.06	0.06	0.04	0.01	0.25
Other Unusual Items	0.52	0.52	0.05	0.01	0.37	18.24
Pretax Income	722.85	554.42	400.73	272.62	170.38	88.82
Income Tax Expense	158.86	118.45	79.85	61.84	41.03	15.64
Earnings From Continuing Operations	563.99	435.97	320.88	210.78	129.35	73.18
Minority Interest in Earnings	7.91	3.65	0.38	0.38	0.75	0.38
Net Income	571.9	439.62	321.26	211.16	130.1	73.55
Net Income to Common	571.9	439.62	321.26	211.16	130.1	73.55
Net Income Growth	55.21%	36.84%	52.14%	62.30%	76.88%	83.59%
Shares Outstanding (Basic)	46	45	45	41	40	36
Shares Outstanding (Diluted)	46	46	45	42	40	36
Shares Change (YoY)	3.02%	1.04%	7.80%	4.94%	10.47%	2.24%
EPS (Basic)	12.41	9.69	7.17	5.11	3.27	2.04
EPS (Diluted)	12.30	9.61	7.09	5.03	3.25	2.03
EPS Growth	50.77%	35.54%	40.95%	54.77%	60.10%	79.65%
Free Cash Flow	-728.56	-92.85	219.46	70.31	92.33	74.65
Free Cash Flow Per Share	-15.67	-2.03	4.85	1.67	2.31	2.06
Dividend Per Share	8.550	8.550	6.460	4.240	2.940	1.660
Dividend Growth	32.35%	32.35%	52.36%	44.22%	77.11%	-17.00%
Gross Margin	22.20%	23.55%	26.73%	20.82%	21.77%	18.52%
Operating Margin	13.39%	13.32%	14.84%	9.42%	8.65%	3.95%
Profit Margin	11.01%	12.12%	13.32%	8.56%	7.39%	5.68%
Free Cash Flow Margin	-14.03%	-2.56%	9.10%	2.85%	5.24%	5.76%
EBITDA	765.82	546.55	418.16	288.89	201.3	94.14
EBITDA Margin	14.74%	15.07%	17.33%	11.71%	11.43%	7.27%
D&A For EBITDA	70.33	63.43	60.16	56.52	48.94	42.93
EBIT	695.49	483.12	358	232.37	152.36	51.21
EBIT Margin	13.39%	13.32%	14.84%	9.42%	8.65%	3.95%
Effective Tax Rate	21.98%	21.37%	19.93%	22.68%	24.08%	17.61%

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