Waste Recovery Technology Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	980.18	775.78	807.28	716.54	581.37
Revenue Growth (YoY)	26.35%	-3.90%	12.66%	23.25%	-
Cost of Revenue	609.49	471.13	480.28	414.15	337.57
Gross Profit	370.69	304.66	327	302.39	243.8
Selling, General & Admin	95.74	76.83	78.19	64.43	63.75
Research & Development	16.02	14.56	13.8	12.17	6.33
Operating Expenses	111.76	88.1	88.8	76.6	76.56
Operating Income	258.93	216.56	238.2	225.79	167.24
Interest Expense	-0.11	-0.05	-0.06	-0.08	-0.03
Interest & Investment Income	17.88	8.86	3.79	1.27	2.46
Earnings From Equity Investments	-6.11	-0.53	-	-	-1.79
Currency Exchange Gain (Loss)	7.72	-2.74	4.56	-1.14	-2.86
Other Non Operating Income (Expenses)	1.37	1.05	0.59	1.71	3.14
EBT Excluding Unusual Items	279.68	223.16	247.07	227.55	168.16
Gain (Loss) on Sale of Assets	0.74	-0.34	-0.35	-0.26	-
Pretax Income	280.42	222.82	246.72	227.29	168.16
Income Tax Expense	72.27	56.98	58.15	55.91	40.18
Earnings From Continuing Operations	208.15	165.84	188.56	171.38	127.98
Minority Interest in Earnings	-5.75	-2.99	-2.09	-7.43	-3.79
Net Income	202.4	162.86	186.48	163.95	124.2
Net Income to Common	202.4	162.86	186.48	163.95	124.2
Net Income Growth	24.28%	-12.67%	13.74%	32.00%	-
Shares Outstanding (Basic)	24	21	20	19	19
Shares Outstanding (Diluted)	24	21	20	20	19
Shares Change (YoY)	14.75%	3.43%	3.29%	0.56%	-
EPS (Basic)	8.50	7.86	9.32	8.55	6.48
EPS (Diluted)	8.45	7.81	9.24	8.40	6.40
EPS Growth	8.20%	-15.48%	10.00%	31.25%	-
Free Cash Flow	148.03	59.09	258.38	111.88	51.62
Free Cash Flow Per Share	6.18	2.83	12.81	5.73	2.66
Dividend Per Share	6.800	6.500	7.000	6.309	2.000
Dividend Growth	4.61%	-7.14%	10.95%	215.46%	-
Gross Margin	37.82%	39.27%	40.51%	42.20%	41.94%
Operating Margin	26.42%	27.91%	29.51%	31.51%	28.77%
Profit Margin	20.65%	20.99%	23.10%	22.88%	21.36%
Free Cash Flow Margin	15.10%	7.62%	32.01%	15.61%	8.88%
EBITDA	334.49	285.83	303.84	280.94	202.85
EBITDA Margin	34.13%	36.84%	37.64%	39.21%	34.89%
D&A For EBITDA	75.56	69.27	65.64	55.15	35.61
EBIT	258.93	216.56	238.2	225.79	167.24
EBIT Margin	26.42%	27.91%	29.51%	31.51%	28.77%
Effective Tax Rate	25.77%	25.57%	23.57%	24.60%	23.89%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.