Sync-Tech System 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	992.69	864.16	605.83	580.65	701.39
Revenue Growth (YoY)	31.18%	42.64%	4.34%	-17.21%	-
Cost of Revenue	489.58	421.18	300.45	310.07	356.57
Gross Profit	503.11	442.97	305.38	270.58	344.82
Selling, General & Admin	141.21	124.79	93.2	87.03	68.86
Research & Development	131.29	120.19	74.01	70.87	58.57
Other Operating Expenses	-0.98	-0.71	-	-0.02	-0.09
Operating Expenses	271.88	244.27	167.24	157.21	127.34
Operating Income	231.23	198.7	138.15	113.37	217.48
Interest Expense	-4.83	-4.48	-1.52	-0.51	-0.6
Interest & Investment Income	8.8	6.34	5.93	2.16	1.04
Currency Exchange Gain (Loss)	-8.47	4.41	-1.76	6.3	0.14
Other Non Operating Income (Expenses)	-0.15	-0.14	-0.3	-0.34	1.58
EBT Excluding Unusual Items	226.6	204.84	140.51	120.98	219.63
Gain (Loss) on Sale of Assets	3.5	3.5	-0.15	-0.03	1.85
Other Unusual Items	-	1.76	-	0.09	-
Pretax Income	230.1	210.1	140.36	121.04	221.48
Income Tax Expense	46.78	40.45	26.87	23.84	45.76
Net Income	183.32	169.65	113.49	97.2	175.71
Net Income to Common	183.32	169.65	113.49	97.2	175.71
Net Income Growth	6.74%	49.49%	16.76%	-44.68%	-
Shares Outstanding (Basic)	32	31	30	27	24
Shares Outstanding (Diluted)	33	32	31	27	26
Shares Change (YoY)	4.03%	2.06%	13.63%	5.07%	-
EPS (Basic)	5.71	5.51	3.80	3.66	7.33
EPS (Diluted)	5.61	5.35	3.65	3.55	6.75
EPS Growth	2.79%	46.58%	2.82%	-47.41%	-
Free Cash Flow	-128.19	4.51	58.83	148.37	126.67
Free Cash Flow Per Share	-3.92	0.14	1.89	5.42	4.87
Dividend Per Share	3.000	3.000	1.000	0.800	0.800
Dividend Growth	200.00%	200.00%	25.00%	-	-
Gross Margin	50.68%	51.26%	50.41%	46.60%	49.16%
Operating Margin	23.29%	22.99%	22.80%	19.53%	31.01%
Profit Margin	18.47%	19.63%	18.73%	16.74%	25.05%
Free Cash Flow Margin	-12.91%	0.52%	9.71%	25.55%	18.06%
EBITDA	279.02	242.52	174.09	146.09	243.23
EBITDA Margin	28.11%	28.07%	28.74%	25.16%	34.68%
D&A For EBITDA	47.79	43.82	35.95	32.72	25.76
EBIT	231.23	198.7	138.15	113.37	217.48
EBIT Margin	23.29%	22.99%	22.80%	19.53%	31.01%
Effective Tax Rate	20.33%	19.25%	19.14%	19.70%	20.66%

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