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	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	926.7	775.78	807.28	716.54	581.37
Revenue Growth (YoY)	29.29%	-3.90%	12.66%	23.25%	-
Cost of Revenue	555.55	471.13	480.28	414.15	337.57
Gross Profit	371.15	304.66	327	302.39	243.8
Selling, General & Admin	94.42	76.83	78.19	64.43	63.75
Research & Development	16.27	14.56	13.8	12.17	6.33
Operating Expenses	108.9	88.1	88.8	76.6	76.56
Operating Income	262.25	216.56	238.2	225.79	167.24
Interest Expense	-0.1	-0.05	-0.06	-0.08	-0.03
Interest & Investment Income	15.73	8.86	3.79	1.27	2.46
Earnings From Equity Investments	-4.28	-0.53	-	-	-1.79
Currency Exchange Gain (Loss)	4.38	-2.74	4.56	-1.14	-2.86
Other Non Operating Income (Expenses)	0.82	1.05	0.59	1.71	3.14
EBT Excluding Unusual Items	278.81	223.16	247.07	227.55	168.16
Gain (Loss) on Sale of Assets	0.95	-0.34	-0.35	-0.26	-
Pretax Income	279.76	222.82	246.72	227.29	168.16
Income Tax Expense	70.66	56.98	58.15	55.91	40.18
Earnings From Continuing Operations	209.1	165.84	188.56	171.38	127.98
Minority Interest in Earnings	-5.48	-2.99	-2.09	-7.43	-3.79
Net Income	203.62	162.86	186.48	163.95	124.2
Net Income to Common	203.62	162.86	186.48	163.95	124.2
Net Income Growth	31.41%	-12.67%	13.74%	32.00%	-
Shares Outstanding (Basic)	23	21	20	19	19
Shares Outstanding (Diluted)	23	21	20	20	19
Shares Change (YoY)	13.89%	3.43%	3.29%	0.56%	-
EPS (Basic)	8.75	7.86	9.32	8.55	6.48
EPS (Diluted)	8.70	7.81	9.24	8.40	6.40
EPS Growth	14.88%	-15.48%	10.00%	31.25%	-
Free Cash Flow	158.02	59.09	258.38	111.88	51.62
Free Cash Flow Per Share	6.75	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	40.05%	39.27%	40.51%	42.20%	41.94%
Operating Margin	28.30%	27.91%	29.51%	31.51%	28.77%
Profit Margin	21.97%	20.99%	23.10%	22.88%	21.36%
Free Cash Flow Margin	17.05%	7.62%	32.01%	15.61%	8.88%
EBITDA	334.87	285.83	303.84	280.94	202.85
EBITDA Margin	36.14%	36.84%	37.64%	39.21%	34.89%
D&A For EBITDA	72.62	69.27	65.64	55.15	35.61
EBIT	262.25	216.56	238.2	225.79	167.24
EBIT Margin	28.30%	27.91%	29.51%	31.51%	28.77%
Effective Tax Rate	25.26%	25.57%	23.57%	24.60%	23.89%

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