Forcelead 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	2,958	2,657	2,809	3,533	1,446
Revenue Growth (YoY)	11.24%	-5.43%	-20.49%	144.26%	-
Cost of Revenue	1,770	1,699	1,654	1,524	950.3
Gross Profit	1,188	957.47	1,155	2,009	496.03
Selling, General & Admin	144.3	129.53	126.37	154.01	59.25
Research & Development	367.78	333.06	332.68	503.73	267.73
Other Operating Expenses	-0.53	-	-	-0.41	-
Operating Expenses	511.55	462.59	459.05	657.33	326.98
Operating Income	676.07	494.88	695.52	1,351	169.06
Interest Expense	-2.69	-1.32	-0.34	-0.26	-0.36
Interest & Investment Income	21.62	18.79	9.31	4.79	3.95
Currency Exchange Gain (Loss)	2.32	2.32	8.59	3.09	-4.12
Other Non Operating Income (Expenses)	-0.82	1.12	0.59	0.77	2.54
EBT Excluding Unusual Items	696.49	515.79	713.68	1,360	171.07
Gain (Loss) on Sale of Investments	1.31	1.31	0.02	-	-
Pretax Income	697.8	517.1	713.7	1,360	171.07
Income Tax Expense	100.56	80.2	136.99	240.49	26.91
Earnings From Continuing Operations	597.24	436.89	576.71	1,119	144.15
Minority Interest in Earnings	-	-	-	-35.4	-20.89
Net Income	597.24	436.89	576.71	1,084	123.27
Preferred Dividends & Other Adjustments	-	-	-	-35.4	-20.89
Net Income to Common	597.24	436.89	576.71	1,119	144.15
Net Income Growth	49.51%	-24.24%	-46.79%	779.22%	-
Shares Outstanding (Basic)	38	37	32	34	42
Shares Outstanding (Diluted)	38	38	35	39	44
Shares Change (YoY)	2.39%	7.68%	-9.87%	-11.43%	-
EPS (Basic)	15.71	11.74	18.20	32.50	3.41
EPS (Diluted)	15.71	11.54	16.40	28.69	3.27
EPS Growth	45.98%	-29.63%	-42.84%	777.37%	-
Free Cash Flow	478.49	730.72	272.6	1,288	247.61
Free Cash Flow Per Share	12.58	19.30	7.75	33.02	5.62
Dividend Per Share	10.320	10.320	15.090	33.460	2.820
Dividend Growth	-31.61%	-31.61%	-54.90%	1086.52%	-
Gross Margin	40.15%	36.04%	41.10%	56.86%	34.30%
Operating Margin	22.86%	18.63%	24.76%	38.25%	11.69%
Profit Margin	20.19%	16.45%	20.53%	31.68%	9.97%
Free Cash Flow Margin	16.18%	27.51%	9.70%	36.47%	17.12%
EBITDA	732.27	549.19	743.35	1,388	200.54
EBITDA Margin	24.76%	20.67%	26.46%	39.29%	13.87%
D&A For EBITDA	56.2	54.31	47.83	36.73	31.49
EBIT	676.07	494.88	695.52	1,351	169.06
EBIT Margin	22.86%	18.63%	24.76%	38.25%	11.69%
Effective Tax Rate	14.41%	15.51%	19.19%	17.69%	15.73%

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