Waste Recovery Technology Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	876.83	775.78	807.28	716.54	581.37
Revenue Growth (YoY)	21.94%	-3.90%	12.66%	23.25%	-
Cost of Revenue	516.65	471.13	480.28	414.15	337.57
Gross Profit	360.18	304.66	327	302.39	243.8
Selling, General & Admin	89.9	76.83	78.19	64.43	63.75
Research & Development	15.83	14.56	13.8	12.17	6.33
Operating Expenses	103.94	88.1	88.8	76.6	76.56
Operating Income	256.24	216.56	238.2	225.79	167.24
Interest Expense	-0.07	-0.05	-0.06	-0.08	-0.03
Interest & Investment Income	13.61	8.86	3.79	1.27	2.46
Earnings From Equity Investments	-2.73	-0.53	-	-	-1.79
Currency Exchange Gain (Loss)	5.51	-2.74	4.56	-1.14	-2.86
Other Non Operating Income (Expenses)	0.77	1.05	0.59	1.71	3.14
EBT Excluding Unusual Items	273.32	223.16	247.07	227.55	168.16
Gain (Loss) on Sale of Assets	0.95	-0.34	-0.35	-0.26	-
Pretax Income	274.27	222.82	246.72	227.29	168.16
Income Tax Expense	67.81	56.98	58.15	55.91	40.18
Earnings From Continuing Operations	206.46	165.84	188.56	171.38	127.98
Minority Interest in Earnings	-6.34	-2.99	-2.09	-7.43	-3.79
Net Income	200.12	162.86	186.48	163.95	124.2
Net Income to Common	200.12	162.86	186.48	163.95	124.2
Net Income Growth	33.21%	-12.67%	13.74%	32.00%	-
Shares Outstanding (Basic)	22	21	20	19	19
Shares Outstanding (Diluted)	23	21	20	20	19
Shares Change (YoY)	9.75%	3.43%	3.29%	0.56%	-
EPS (Basic)	8.93	7.86	9.32	8.55	6.48
EPS (Diluted)	8.88	7.81	9.24	8.40	6.40
EPS Growth	21.36%	-15.48%	10.00%	31.25%	-
Free Cash Flow	78.75	59.09	258.38	111.88	51.62
Free Cash Flow Per Share	3.49	2.83	12.81	5.73	2.66
Dividend Per Share	6.500	6.500	7.000	6.309	2.000
Dividend Growth	-7.14%	-7.14%	10.95%	215.46%	-
Gross Margin	41.08%	39.27%	40.51%	42.20%	41.94%
Operating Margin	29.22%	27.91%	29.51%	31.51%	28.77%
Profit Margin	22.82%	20.99%	23.10%	22.88%	21.36%
Free Cash Flow Margin	8.98%	7.62%	32.01%	15.61%	8.88%
EBITDA	326.74	285.83	303.84	280.94	202.85
EBITDA Margin	37.26%	36.84%	37.64%	39.21%	34.89%
D&A For EBITDA	70.5	69.27	65.64	55.15	35.61
EBIT	256.24	216.56	238.2	225.79	167.24
EBIT Margin	29.22%	27.91%	29.51%	31.51%	28.77%
Effective Tax Rate	24.72%	25.57%	23.57%	24.60%	23.89%

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