Hermes Testing Solutions 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,946	1,598	809.2
Revenue Growth (YoY)	-	97.45%	-
Cost of Revenue	1,141	1,019	633.79
Gross Profit	804.67	578.91	175.42
Selling, General & Admin	258.93	198.77	135.49
Research & Development	374.51	330.47	256.57
Operating Expenses	636.25	525.36	392.84
Operating Income	168.43	53.55	-217.43
Interest Expense	-15.28	-13.72	-11.56
Interest & Investment Income	2.34	1.93	1.37
Currency Exchange Gain (Loss)	-4.91	-0.43	-5.83
Other Non Operating Income (Expenses)	29.8	15.62	-1.1
EBT Excluding Unusual Items	180.36	56.95	-234.55
Gain (Loss) on Sale of Assets	-0.19	-0.19	25.47
Pretax Income	180.18	56.77	-209.08
Income Tax Expense	22.49	-	1.36
Earnings From Continuing Operations	157.69	56.77	-210.43
Minority Interest in Earnings	0.01	0.02	0.02
Net Income	157.7	56.78	-210.41
Net Income to Common	157.7	56.78	-210.41
Shares Outstanding (Basic)	22	20	20
Shares Outstanding (Diluted)	23	21	20
Shares Change (YoY)	-	4.84%	-
EPS (Basic)	7.20	2.84	-10.52
EPS (Diluted)	6.84	2.71	-10.52
Free Cash Flow	159.69	-39.82	-51.38
Free Cash Flow Per Share	6.92	-1.90	-2.57
Gross Margin	41.35%	36.23%	21.68%
Operating Margin	8.65%	3.35%	-26.87%
Profit Margin	8.10%	3.55%	-26.00%
Free Cash Flow Margin	8.21%	-2.49%	-6.35%
EBITDA	367.5	228	-41.49
EBITDA Margin	18.88%	14.27%	-5.13%
D&A For EBITDA	199.07	174.45	175.94
EBIT	168.43	53.55	-217.43
EBIT Margin	8.65%	3.35%	-26.87%