Syntec Technology Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,731	10,808	7,872	7,266	8,949
Revenue Growth (YoY)	42.36%	37.29%	8.35%	-18.81%	-
Cost of Revenue	6,574	6,068	4,635	4,428	5,450
Gross Profit	5,158	4,739	3,237	2,837	3,498
Selling, General & Admin	1,902	1,806	1,529	1,320	1,349
Research & Development	1,388	1,275	908.64	816.09	879.86
Operating Expenses	3,303	3,093	2,445	2,138	2,232
Operating Income	1,854	1,646	792.68	699.1	1,267
Interest Expense	-13.84	-17.59	-37.39	-53.69	-54.91
Interest & Investment Income	18.95	16.13	13.03	4.7	1.59
Earnings From Equity Investments	-0.73	-0.57	-0.23	-	-
Currency Exchange Gain (Loss)	53.35	34.24	-5.58	30.49	3.38
Other Non Operating Income (Expenses)	89.89	85.41	78.2	33.04	36.32
EBT Excluding Unusual Items	2,002	1,763	840.71	713.63	1,253
Impairment of Goodwill	-	-	-	-9.22	-
Gain (Loss) on Sale of Investments	-4.47	-4.07	-2.08	4.74	1.82
Gain (Loss) on Sale of Assets	4.04	5.04	10.67	3.82	1.18
Asset Writedown	-	-	-	-31.74	-
Other Unusual Items	-	-	-	1.81	-
Pretax Income	2,001	1,764	849.31	683.04	1,256
Income Tax Expense	453.71	391.61	198.46	146.54	314.87
Net Income	1,548	1,373	650.85	536.5	941.29
Net Income to Common	1,548	1,373	650.85	536.5	941.29
Net Income Growth	94.12%	110.93%	21.31%	-43.00%	-
Shares Outstanding (Basic)	62	62	60	50	58
Shares Outstanding (Diluted)	65	65	63	53	63
Shares Change (YoY)	4.46%	3.26%	17.01%	-14.94%	-
EPS (Basic)	24.79	22.31	10.85	10.67	16.16
EPS (Diluted)	23.63	21.25	10.41	10.04	14.98
EPS Growth	85.67%	104.13%	3.69%	-32.98%	-
Free Cash Flow	1,384	1,220	1,088	927.44	-143.06
Free Cash Flow Per Share	21.14	18.89	17.39	17.35	-2.28
Dividend Per Share	11.000	11.000	6.000	5.970	10.000
Dividend Growth	83.33%	83.33%	0.50%	-40.30%	-
Gross Margin	43.96%	43.85%	41.12%	39.05%	39.09%
Operating Margin	15.81%	15.23%	10.07%	9.62%	14.16%
Profit Margin	13.19%	12.70%	8.27%	7.38%	10.52%
Free Cash Flow Margin	11.80%	11.29%	13.82%	12.77%	-1.60%
EBITDA	1,974	1,768	911.04	796.73	1,356
EBITDA Margin	16.83%	16.36%	11.57%	10.96%	15.15%
D&A For EBITDA	119.53	122.45	118.37	97.63	89.17
EBIT	1,854	1,646	792.68	699.1	1,267
EBIT Margin	15.81%	15.23%	10.07%	9.62%	14.16%
Effective Tax Rate	22.67%	22.19%	23.37%	21.45%	25.07%

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