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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,341	3,628	2,413	2,467	1,761	1,296
Revenue Growth (YoY)	72.25%	50.37%	-2.21%	40.09%	35.91%	4.05%
Cost of Revenue	3,349	2,773	1,768	1,953	1,378	1,056
Gross Profit	991.73	854.45	644.9	513.8	383.32	240.01
Selling, General & Admin	342.73	305.28	222.85	221.47	178.39	145.5
Research & Development	67.1	66.05	64.05	59.97	52.57	43.3
Operating Expenses	420.12	371.33	286.9	281.43	230.96	188.8
Operating Income	571.61	483.12	358	232.37	152.36	51.21
Interest Expense	-20.56	-18.4	-15.4	-11.57	-6.47	-7.74
Interest & Investment Income	18.56	17.98	9.28	0.78	0.07	0.11
Earnings From Equity Investments	2.76	1.19	1.27	4.16	-0.9	-2.38
Currency Exchange Gain (Loss)	27.72	30.41	2.61	15.03	-2	-1.95
Other Non Operating Income (Expenses)	46.43	44.69	41.01	31.8	26.93	31.09
EBT Excluding Unusual Items	646.52	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	-5.08	-6.06	0.06	0.04	0.01	0.25
Other Unusual Items	0.38	0.52	0.05	0.01	0.37	18.24
Pretax Income	642.8	554.42	400.73	272.62	170.38	88.82
Income Tax Expense	137.23	118.45	79.85	61.84	41.03	15.64
Earnings From Continuing Operations	505.58	435.97	320.88	210.78	129.35	73.18
Minority Interest in Earnings	4.97	3.65	0.38	0.38	0.75	0.38
Net Income	510.55	439.62	321.26	211.16	130.1	73.55
Net Income to Common	510.55	439.62	321.26	211.16	130.1	73.55
Net Income Growth	48.60%	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)	2.05%	1.04%	7.80%	4.94%	10.47%	2.24%
EPS (Basic)	11.17	9.69	7.17	5.11	3.27	2.04
EPS (Diluted)	11.07	9.61	7.09	5.03	3.25	2.03
EPS Growth	45.77%	35.54%	40.95%	54.77%	60.10%	79.65%
Free Cash Flow	-370.27	-92.85	219.46	70.31	92.33	74.65
Free Cash Flow Per Share	-8.03	-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	22.85%	23.55%	26.73%	20.82%	21.77%	18.52%
Operating Margin	13.17%	13.32%	14.84%	9.42%	8.65%	3.95%
Profit Margin	11.76%	12.12%	13.32%	8.56%	7.39%	5.68%
Free Cash Flow Margin	-8.53%	-2.56%	9.10%	2.85%	5.24%	5.76%
EBITDA	637.34	546.55	418.16	288.89	201.3	94.14
EBITDA Margin	14.68%	15.07%	17.33%	11.71%	11.43%	7.27%
D&A For EBITDA	65.73	63.43	60.16	56.52	48.94	42.93
EBIT	571.61	483.12	358	232.37	152.36	51.21
EBIT Margin	13.17%	13.32%	14.84%	9.42%	8.65%	3.95%
Effective Tax Rate	21.35%	21.37%	19.93%	22.68%	24.08%	17.61%

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