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 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	527.67	509.68	360.92	242.04	362.4	287.8
Revenue Growth (YoY)	28.69%	41.22%	49.11%	-33.21%	25.92%	70.28%
Cost of Revenue	220.2	220.92	218.04	180.98	233.57	207.69
Gross Profit	307.48	288.76	142.88	61.06	128.83	80.11
Selling, General & Admin	100.99	97	61.33	53.81	63.28	43.1
Research & Development	34.89	32.85	25.3	20.84	19.05	19.57
Operating Expenses	135.88	129.67	93.57	74.64	82.33	62.67
Operating Income	171.6	159.09	49.31	-13.58	46.5	17.44
Interest Expense	-1.9	-2.33	-2.63	-1.76	-0.81	-0.58
Interest & Investment Income	13.2	8.7	2.79	1.69	0.56	0.78
Currency Exchange Gain (Loss)	13.68	13.68	-2.44	17.61	-3.04	-2.39
Other Non Operating Income (Expenses)	2.82	4.51	6.19	6.62	34.86	0.89
EBT Excluding Unusual Items	199.39	183.66	53.22	10.57	78.07	16.14
Gain (Loss) on Sale of Investments	1.45	1.45	0.02	-	-	-0.59
Gain (Loss) on Sale of Assets	-0.05	-0.05	-	-	-	-
Other Unusual Items	0.02	0.02	-	0.34	0.08	0.66
Pretax Income	200.82	185.09	53.24	10.92	78.15	16.21
Income Tax Expense	37.02	35.15	9.91	-1.1	29.18	4.25
Earnings From Continuing Operations	163.8	149.94	43.33	12.02	48.97	11.96
Minority Interest in Earnings	-	-	-	-	-1.17	-1.02
Net Income	163.8	149.94	43.33	12.02	47.8	10.94
Net Income to Common	163.8	149.94	43.33	12.02	47.8	10.94
Net Income Growth	116.29%	246.00%	260.58%	-74.86%	336.82%	38.73%
Shares Outstanding (Basic)	24	23	22	22	22	20
Shares Outstanding (Diluted)	24	24	23	22	23	20
Shares Change (YoY)	5.12%	3.35%	3.24%	-4.02%	15.72%	4.09%
EPS (Basic)	6.95	6.60	1.96	0.54	2.17	0.55
EPS (Diluted)	6.69	6.30	1.88	0.54	2.06	0.54
EPS Growth	106.00%	235.11%	248.15%	-73.73%	279.86%	32.75%
Free Cash Flow	229.71	235.73	34.57	-15.49	114.52	-1.57
Free Cash Flow Per Share	9.39	9.91	1.50	-0.69	4.93	-0.08
Dividend Per Share	-	-	1.680	0.057	1.389	0.520
Dividend Growth	-	-	2826.83%	-95.87%	166.96%	87.50%
Gross Margin	58.27%	56.66%	39.59%	25.23%	35.55%	27.83%
Operating Margin	32.52%	31.21%	13.66%	-5.61%	12.83%	6.06%
Profit Margin	31.04%	29.42%	12.01%	4.96%	13.19%	3.80%
Free Cash Flow Margin	43.53%	46.25%	9.58%	-6.40%	31.60%	-0.54%
EBITDA	176.82	164.25	55.14	-8.03	51.54	23.34
EBITDA Margin	33.51%	32.23%	15.28%	-3.32%	14.22%	8.11%
D&A For EBITDA	5.23	5.16	5.84	5.55	5.04	5.91
EBIT	171.6	159.09	49.31	-13.58	46.5	17.44
EBIT Margin	32.52%	31.21%	13.66%	-5.61%	12.83%	6.06%
Effective Tax Rate	18.43%	18.99%	18.61%	-	37.34%	26.23%

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.