Ritwin 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2,474	1,704	1,909	1,728
Revenue Growth (YoY)	30.38%	-10.75%	10.47%	-
Cost of Revenue	2,098	1,398	1,634	1,505
Gross Profit	376.28	305.64	274.94	223.04
Selling, General & Admin	166.38	151.96	126.81	110.83
Research & Development	75.56	74.88	68.88	37.6
Operating Expenses	241	227.27	195.69	147.95
Operating Income	135.28	78.37	79.25	75.09
Interest Expense	-14.6	-8.09	-7.33	-10.9
Interest & Investment Income	3.78	3.94	2.69	0.69
Earnings From Equity Investments	-	-	-27.8	3.64
Currency Exchange Gain (Loss)	12.78	33.78	3.66	19.28
Other Non Operating Income (Expenses)	9.21	11.48	23.04	-14.96
EBT Excluding Unusual Items	146.45	119.46	73.51	72.83
Gain (Loss) on Sale of Investments	-0.29	0.06	0.12	-
Gain (Loss) on Sale of Assets	0	-0.69	-0.54	-5.3
Asset Writedown	-	-	-	-6.54
Other Unusual Items	-	-	-	0
Pretax Income	146.16	118.83	73.09	61
Income Tax Expense	33.43	24.39	23.88	12.66
Earnings From Continuing Operations	112.73	94.44	49.21	48.33
Minority Interest in Earnings	0	-26.16	-32.6	-24.52
Net Income	112.73	68.28	16.61	23.81
Preferred Dividends & Other Adjustments	-	-	-27.82	3.53
Net Income to Common	112.73	68.28	44.44	20.28
Net Income Growth	207.13%	310.97%	-30.22%	-
Shares Outstanding (Basic)	29	25	17	14
Shares Outstanding (Diluted)	29	25	17	14
Shares Change (YoY)	49.55%	44.86%	26.01%	-
EPS (Basic)	3.86	2.76	2.60	1.50
EPS (Diluted)	3.85	2.76	2.60	1.50
EPS Growth	59.98%	6.15%	73.35%	-
Free Cash Flow	-797.93	-571.28	223.97	-128.96
Free Cash Flow Per Share	-27.27	-23.11	13.12	-9.52
Dividend Per Share	-	-	-	0.204
Gross Margin	15.21%	17.94%	14.40%	12.91%
Operating Margin	5.47%	4.60%	4.15%	4.35%
Profit Margin	4.56%	4.01%	2.33%	1.17%
Free Cash Flow Margin	-32.25%	-33.53%	11.73%	-7.46%
EBITDA	162.13	103.77	100.8	92.43
EBITDA Margin	6.55%	6.09%	5.28%	5.35%
D&A For EBITDA	26.86	25.4	21.54	17.34
EBIT	135.28	78.37	79.25	75.09
EBIT Margin	5.47%	4.60%	4.15%	4.35%
Effective Tax Rate	22.87%	20.53%	32.67%	20.76%

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