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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	464.23	360.92	242.04	362.4	287.8	169.02
Revenue Growth (YoY)	71.20%	49.11%	-33.21%	25.92%	70.28%	13.93%
Cost of Revenue	235.31	218.04	180.98	233.57	207.69	113.59
Gross Profit	228.92	142.88	61.06	128.83	80.11	55.43
Selling, General & Admin	77.93	61.33	53.81	63.28	43.1	35.45
Research & Development	26.34	25.3	20.84	19.05	19.57	20.31
Operating Expenses	111.16	93.57	74.64	82.33	62.67	55.07
Operating Income	117.76	49.31	-13.58	46.5	17.44	0.36
Interest Expense	-2.77	-2.63	-1.76	-0.81	-0.58	-0.31
Interest & Investment Income	5.13	2.79	1.69	0.56	0.78	0.77
Currency Exchange Gain (Loss)	8.42	-2.44	17.61	-3.04	-2.39	0.28
Other Non Operating Income (Expenses)	1.83	6.19	6.62	34.86	0.89	8.94
EBT Excluding Unusual Items	130.35	53.22	10.57	78.07	16.14	10.03
Gain (Loss) on Sale of Investments	1.29	0.02	-	-	-0.59	-
Other Unusual Items	-	-	0.34	0.08	0.66	0.01
Pretax Income	131.64	53.24	10.92	78.15	16.21	10.05
Income Tax Expense	25.61	9.91	-1.1	29.18	4.25	1.46
Earnings From Continuing Operations	106.03	43.33	12.02	48.97	11.96	8.58
Minority Interest in Earnings	-	-	-	-1.17	-1.02	-0.69
Net Income	106.03	43.33	12.02	47.8	10.94	7.89
Net Income to Common	106.03	43.33	12.02	47.8	10.94	7.89
Net Income Growth	1009.10%	260.58%	-74.86%	336.82%	38.73%	104.64%
Shares Outstanding (Basic)	22	22	22	22	20	19
Shares Outstanding (Diluted)	23	23	22	23	20	19
Shares Change (YoY)	6.11%	3.24%	-4.02%	15.72%	4.09%	0.35%
EPS (Basic)	4.75	1.96	0.54	2.17	0.55	0.41
EPS (Diluted)	4.52	1.88	0.54	2.06	0.54	0.41
EPS Growth	954.65%	248.15%	-73.73%	279.86%	32.75%	104.31%
Free Cash Flow	175.78	34.57	-15.49	114.52	-1.57	-28.43
Free Cash Flow Per Share	7.50	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	49.31%	39.59%	25.23%	35.55%	27.83%	32.80%
Operating Margin	25.37%	13.66%	-5.61%	12.83%	6.06%	0.21%
Profit Margin	22.84%	12.01%	4.97%	13.19%	3.80%	4.67%
Free Cash Flow Margin	37.86%	9.58%	-6.40%	31.60%	-0.54%	-16.82%
EBITDA	123.8	55.14	-8.03	51.54	23.34	7.22
EBITDA Margin	26.67%	15.28%	-3.32%	14.22%	8.11%	4.27%
D&A For EBITDA	6.05	5.84	5.55	5.04	5.91	6.86
EBIT	117.76	49.31	-13.58	46.5	17.44	0.36
EBIT Margin	25.37%	13.66%	-5.61%	12.83%	6.06%	0.21%
Effective Tax Rate	19.46%	18.60%	-	37.34%	26.23%	14.57%

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