Turn Cloud Technology Service Inc. (TPEX:6870)

TPEX:6870 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	761.54	668.46	538.88	464.11	376.01	299.97
Revenue Growth (YoY)	27.42%	24.04%	16.11%	23.43%	25.35%	18.55%
Cost of Revenue	226.21	202.86	148.15	144.35	123.5	97.84
Gross Profit	535.33	465.59	390.73	319.76	252.51	202.13
Selling, General & Admin	134.18	129.18	125.71	107.09	53.33	49.16
Research & Development	214.9	209.47	185.53	165.55	140.31	131.1
Other Operating Expenses	0.01	-	-	-	-	-0.18
Operating Expenses	346.9	341.13	310.68	270.82	207.16	180.74
Operating Income	188.43	124.46	80.05	48.94	45.35	21.39
Interest Expense	-17.2	-4.91	-4.41	-2.84	-2	-1.38
Interest & Investment Income	16.86	10.06	9.56	4.81	1.59	1.45
Earnings From Equity Investments	1.52	0	-0.3	-	-	-
Currency Exchange Gain (Loss)	-13.29	0.81	2.37	7.3	-1.18	-5.77
Other Non Operating Income (Expenses)	9.48	6.98	3.7	14.47	10.05	4.36
EBT Excluding Unusual Items	185.8	137.41	90.97	72.68	53.82	20.05
Gain (Loss) on Sale of Investments	-1.4	-1.4	-	-	-	-
Gain (Loss) on Sale of Assets	0.33	-0.21	-0.73	0.06	-	-
Other Unusual Items	-	-	0.34	0.01	-	-
Pretax Income	184.72	135.8	90.58	72.75	53.82	20.05
Income Tax Expense	28.39	21.85	21.28	11.64	4.79	-2.42
Earnings From Continuing Operations	156.33	113.95	69.31	61.12	49.03	22.46
Minority Interest in Earnings	0.23	1.5	11.77	2.73	-0.01	-
Net Income	156.56	115.45	81.08	63.84	49.01	22.46
Net Income to Common	156.56	115.45	81.08	63.84	49.01	22.46
Net Income Growth	89.48%	42.39%	27.00%	30.26%	118.20%	29.04%
Shares Outstanding (Basic)	23	23	22	20	18	17
Shares Outstanding (Diluted)	26	23	22	20	18	17
Shares Change (YoY)	9.35%	7.18%	10.13%	9.83%	5.97%	106.39%
EPS (Basic)	6.71	4.94	3.72	3.23	2.72	1.32
EPS (Diluted)	6.55	4.94	3.72	3.22	2.72	1.32
EPS Growth	85.35%	32.98%	15.35%	18.56%	105.76%	-37.40%
Free Cash Flow	-451.23	4.06	35.54	-32.08	-44.89	-46.54
Free Cash Flow Per Share	-17.66	0.17	1.63	-1.62	-2.49	-2.73
Dividend Per Share	4.216	4.216	3.081	2.801	2.144	0.172
Dividend Growth	36.82%	36.82%	10.00%	30.67%	1149.97%	-59.99%
Gross Margin	70.30%	69.65%	72.51%	68.90%	67.16%	67.38%
Operating Margin	24.74%	18.62%	14.85%	10.54%	12.06%	7.13%
Profit Margin	20.56%	17.27%	15.05%	13.76%	13.04%	7.49%
Free Cash Flow Margin	-59.25%	0.61%	6.59%	-6.91%	-11.94%	-15.52%
EBITDA	197.42	132.33	87.42	52.76	46.5	22.58
EBITDA Margin	25.92%	19.80%	16.22%	11.37%	12.37%	7.53%
D&A For EBITDA	8.99	7.87	7.38	3.82	1.15	1.19
EBIT	188.43	124.46	80.05	48.94	45.35	21.39
EBIT Margin	24.74%	18.62%	14.85%	10.54%	12.06%	7.13%
Effective Tax Rate	15.37%	16.09%	23.49%	15.99%	8.90%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.