Systex Fintech 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	482.79	474.88	413.65	328.98
Revenue Growth (YoY)	1.67%	14.80%	25.74%	-
Cost of Revenue	255.8	271.14	232.81	193.13
Gross Profit	226.99	203.74	180.84	135.85
Selling, General & Admin	142.4	96.58	13.5	13.97
Research & Development	14.84	8.11	0.03	0.01
Operating Expenses	156.67	105.25	83.45	81.27
Operating Income	70.32	98.49	97.38	54.58
Interest Expense	-0.85	-0.17	-0.06	-0.07
Interest & Investment Income	1.1	0.57	0.21	0.1
Currency Exchange Gain (Loss)	-1.21	0.29	-0.09	0.26
Other Non Operating Income (Expenses)	0.29	0.06	0.12	0.05
EBT Excluding Unusual Items	69.65	99.23	97.57	54.93
Gain (Loss) on Sale of Investments	0.23	1.19	0.91	0.15
Gain (Loss) on Sale of Assets	-0.06	-	-	-
Pretax Income	69.82	100.42	98.47	55.08
Income Tax Expense	13.86	19.91	19.51	11.14
Earnings From Continuing Operations	55.96	80.51	78.96	43.94
Minority Interest in Earnings	-7.01	-18	-	-
Net Income	48.95	62.52	78.96	43.94
Net Income to Common	48.95	62.52	78.96	43.94
Net Income Growth	-21.70%	-20.82%	79.69%	-
Shares Outstanding (Basic)	21	20	20	20
Shares Outstanding (Diluted)	21	20	20	20
Shares Change (YoY)	6.63%	-	0.01%	-
EPS (Basic)	2.31	3.13	3.95	2.20
EPS (Diluted)	2.30	3.13	3.95	2.20
EPS Growth	-26.44%	-20.82%	79.69%	-
Free Cash Flow	-15.59	188.55	30.76	91.05
Free Cash Flow Per Share	-0.73	9.43	1.54	4.55
Dividend Per Share	2.000	2.000	3.500	2.000
Dividend Growth	-	-42.86%	75.00%	-
Gross Margin	47.02%	42.90%	43.72%	41.30%
Operating Margin	14.57%	20.74%	23.54%	16.59%
Profit Margin	10.14%	13.16%	19.09%	13.36%
Free Cash Flow Margin	-3.23%	39.70%	7.44%	27.68%
EBITDA	77.66	100.17	99.06	56.69
EBITDA Margin	16.09%	21.09%	23.95%	17.23%
D&A For EBITDA	7.33	1.69	1.67	2.11
EBIT	70.32	98.49	97.38	54.58
EBIT Margin	14.57%	20.74%	23.54%	16.59%
Effective Tax Rate	19.84%	19.82%	19.82%	20.22%

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