Apex Material 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	940.38	1,042	1,412	1,297
Revenue Growth (YoY)	-9.73%	-26.22%	8.82%	-
Cost of Revenue	558.56	617.43	803.94	776.65
Gross Profit	381.82	424.26	607.9	520.79
Selling, General & Admin	193.59	199.19	217.28	207.57
Research & Development	56.83	53.32	53.77	50.77
Operating Expenses	250.39	252.83	271.2	258.36
Operating Income	131.43	171.43	336.7	262.44
Interest Expense	4.53	4.45	-3.78	-2.54
Interest & Investment Income	15.52	7.16	1.88	0.46
Earnings From Equity Investments	-4.77	-2.62	1.61	4.95
Currency Exchange Gain (Loss)	24.19	1.6	31.04	-
Other Non Operating Income (Expenses)	-1.37	29.31	-1.18	4.02
EBT Excluding Unusual Items	169.52	211.33	366.27	269.33
Gain (Loss) on Sale of Investments	8.91	6.6	-92.19	-
Gain (Loss) on Sale of Assets	-0.06	-0.55	-1.66	-
Other Unusual Items	0.35	-	-	-
Pretax Income	178.73	217.38	272.42	269.33
Income Tax Expense	38.94	43.7	72.72	38.49
Earnings From Continuing Operations	139.79	173.68	199.7	230.84
Minority Interest in Earnings	0.97	0.88	1.11	0.82
Net Income	140.76	174.56	200.81	231.66
Net Income to Common	140.76	174.56	200.81	231.66
Net Income Growth	-19.36%	-13.07%	-13.32%	-
Shares Outstanding (Basic)	41	39	39	38
Shares Outstanding (Diluted)	42	39	39	39
Shares Change (YoY)	7.45%	-0.39%	0.90%	-
EPS (Basic)	3.40	4.53	5.21	6.07
EPS (Diluted)	3.38	4.50	5.15	6.00
EPS Growth	-24.89%	-12.62%	-14.17%	-
Free Cash Flow	178.51	192.98	318.85	77.79
Free Cash Flow Per Share	4.28	4.97	8.19	2.02
Dividend Per Share	2.400	3.500	3.500	-
Dividend Growth	-31.43%	-	-	-
Gross Margin	40.60%	40.73%	43.06%	40.14%
Operating Margin	13.98%	16.46%	23.85%	20.23%
Profit Margin	14.97%	16.76%	14.22%	17.85%
Free Cash Flow Margin	18.98%	18.53%	22.58%	6.00%
EBITDA	173.31	213.85	376.93	299.12
EBITDA Margin	18.43%	20.53%	26.70%	23.05%
D&A For EBITDA	41.88	42.42	40.23	36.69
EBIT	131.43	171.43	336.7	262.44
EBIT Margin	13.98%	16.46%	23.85%	20.23%
Effective Tax Rate	21.79%	20.11%	26.69%	14.29%

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