Major-Power Technology Co., Ltd. (TPEX: 6720)

Major-Power Technology 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	487.98	360.92	242.04	362.4	287.8	169.02
Revenue Growth (YoY)	55.96%	49.11%	-33.21%	25.92%	70.28%	13.93%
Cost of Revenue	221.81	218.04	180.98	233.57	207.69	113.59
Gross Profit	266.18	142.88	61.06	128.83	80.11	55.43
Selling, General & Admin	85.91	61.33	53.81	63.28	43.1	35.45
Research & Development	28.78	25.3	20.84	19.05	19.57	20.31
Operating Expenses	114.72	93.57	74.64	82.33	62.67	55.07
Operating Income	151.46	49.31	-13.58	46.5	17.44	0.36
Interest Expense	-2.78	-2.63	-1.76	-0.81	-0.58	-0.31
Interest & Investment Income	6.87	2.79	1.69	0.56	0.78	0.77
Currency Exchange Gain (Loss)	-2.44	-2.44	17.61	-3.04	-2.39	0.28
Other Non Operating Income (Expenses)	2.92	6.19	6.62	34.86	0.89	8.94
EBT Excluding Unusual Items	156.02	53.22	10.57	78.07	16.14	10.03
Gain (Loss) on Sale of Investments	0.02	0.02	-	-	-0.59	-
Other Unusual Items	-	-	0.34	0.08	0.66	0.01
Pretax Income	156.04	53.24	10.92	78.15	16.21	10.05
Income Tax Expense	30.52	9.91	-1.1	29.18	4.25	1.46
Earnings From Continuing Operations	125.52	43.33	12.02	48.97	11.96	8.58
Minority Interest in Earnings	-	-	-	-1.17	-1.02	-0.69
Net Income	125.52	43.33	12.02	47.8	10.94	7.89
Net Income to Common	125.52	43.33	12.02	47.8	10.94	7.89
Net Income Growth	450.73%	260.58%	-74.86%	336.82%	38.73%	104.64%
Shares Outstanding (Basic)	23	22	22	22	20	19
Shares Outstanding (Diluted)	24	23	22	23	20	19
Shares Change (YoY)	11.30%	3.24%	-4.02%	15.72%	4.09%	0.35%
EPS (Basic)	5.43	1.96	0.54	2.17	0.55	0.41
EPS (Diluted)	5.19	1.88	0.54	2.06	0.54	0.41
EPS Growth	394.88%	248.15%	-73.73%	279.86%	32.75%	104.31%
Free Cash Flow	201.95	34.57	-15.49	114.52	-1.57	-28.43
Free Cash Flow Per Share	8.36	1.50	-0.69	4.93	-0.08	-1.47
Dividend Per Share	1.680	1.680	0.057	1.389	0.520	0.278
Dividend Growth	2826.83%	2826.83%	-95.87%	166.96%	87.50%	-
Gross Margin	54.55%	39.59%	25.23%	35.55%	27.83%	32.80%
Operating Margin	31.04%	13.66%	-5.61%	12.83%	6.06%	0.21%
Profit Margin	25.72%	12.01%	4.97%	13.19%	3.80%	4.67%
Free Cash Flow Margin	41.39%	9.58%	-6.40%	31.60%	-0.54%	-16.82%
EBITDA	157.11	55.14	-8.03	51.54	23.34	7.22
EBITDA Margin	32.20%	15.28%	-3.32%	14.22%	8.11%	4.27%
D&A For EBITDA	5.65	5.84	5.55	5.04	5.91	6.86
EBIT	151.46	49.31	-13.58	46.5	17.44	0.36
EBIT Margin	31.04%	13.66%	-5.61%	12.83%	6.06%	0.21%
Effective Tax Rate	19.56%	18.60%	-	37.34%	26.23%	14.57%

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