Forcelead 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	2,969	2,657	2,809	3,533	1,446
Revenue Growth (YoY)	11.77%	-5.43%	-20.49%	144.26%	-
Cost of Revenue	1,773	1,699	1,654	1,524	950.3
Gross Profit	1,196	957.47	1,155	2,009	496.03
Selling, General & Admin	163.51	129.53	126.37	154.01	59.25
Research & Development	389.53	333.06	332.68	503.73	267.73
Other Operating Expenses	-	-	-	-0.41	-
Operating Expenses	553.04	462.59	459.05	657.33	326.98
Operating Income	643.43	494.88	695.52	1,351	169.06
Interest Expense	-1.99	-1.32	-0.34	-0.26	-0.36
Interest & Investment Income	23.67	18.79	9.31	4.79	3.95
Currency Exchange Gain (Loss)	10.01	2.32	8.59	3.09	-4.12
Other Non Operating Income (Expenses)	0.26	1.12	0.59	0.77	2.54
EBT Excluding Unusual Items	675.38	515.79	713.68	1,360	171.07
Gain (Loss) on Sale of Investments	0.53	1.31	0.02	-	-
Other Unusual Items	0.23	-	-	-	-
Pretax Income	676.14	517.1	713.7	1,360	171.07
Income Tax Expense	87.59	80.2	136.99	240.49	26.91
Earnings From Continuing Operations	588.56	436.89	576.71	1,119	144.15
Minority Interest in Earnings	-	-	-	-35.4	-20.89
Net Income	588.56	436.89	576.71	1,084	123.27
Preferred Dividends & Other Adjustments	-	-	-	-35.4	-20.89
Net Income to Common	588.56	436.89	576.71	1,119	144.15
Net Income Growth	34.71%	-24.24%	-46.79%	779.22%	-
Shares Outstanding (Basic)	38	37	32	34	42
Shares Outstanding (Diluted)	39	38	35	39	44
Shares Change (YoY)	1.79%	7.69%	-9.87%	-11.43%	-
EPS (Basic)	15.37	11.74	18.20	32.50	3.41
EPS (Diluted)	15.27	11.54	16.40	28.69	3.27
EPS Growth	32.32%	-29.63%	-42.84%	777.37%	-
Free Cash Flow	601.3	730.72	272.6	1,288	247.61
Free Cash Flow Per Share	15.60	19.30	7.75	33.02	5.62
Dividend Per Share	12.651	10.320	15.090	33.460	2.820
Dividend Growth	22.58%	-31.61%	-54.90%	1086.52%	-
Gross Margin	40.30%	36.04%	41.10%	56.86%	34.30%
Operating Margin	21.67%	18.63%	24.76%	38.25%	11.69%
Profit Margin	19.82%	16.45%	20.53%	31.68%	9.97%
Free Cash Flow Margin	20.25%	27.51%	9.70%	36.47%	17.12%
EBITDA	696.32	549.19	743.35	1,388	200.54
EBITDA Margin	23.45%	20.67%	26.46%	39.29%	13.87%
D&A For EBITDA	52.89	54.31	47.83	36.73	31.49
EBIT	643.43	494.88	695.52	1,351	169.06
EBIT Margin	21.67%	18.63%	24.76%	38.25%	11.69%
Effective Tax Rate	12.95%	15.51%	19.20%	17.69%	15.73%

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