Test Rite Retail 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	9,207	9,513	9,604	10,590
Revenue Growth (YoY)	-13.06%	-0.95%	-9.32%	-
Cost of Revenue	5,771	5,979	6,039	6,809
Gross Profit	3,436	3,534	3,565	3,782
Selling, General & Admin	3,171	3,333	3,228	3,526
Operating Expenses	3,171	3,333	3,228	3,526
Operating Income	264.24	200.95	336.68	255.57
Interest Expense	-92.98	-108.63	-131.81	-92.36
Interest & Investment Income	16.31	22.99	37.04	15.71
Currency Exchange Gain (Loss)	-0.24	-4.25	2.24	-2.75
Other Non Operating Income (Expenses)	57.69	47.7	54.5	80.77
EBT Excluding Unusual Items	245.02	158.75	298.64	256.93
Gain (Loss) on Sale of Investments	0.59	0.56	0.45	0.17
Gain (Loss) on Sale of Assets	-1.64	-1.56	-4.51	-3.4
Other Unusual Items	13.02	15.42	0.29	-
Pretax Income	256.99	173.17	294.87	253.7
Income Tax Expense	53.18	16.08	5.87	28.04
Net Income	203.81	157.09	289	225.66
Net Income to Common	203.81	157.09	289	225.66
Net Income Growth	-9.69%	-45.64%	28.07%	-
Shares Outstanding (Basic)	83	93	100	100
Shares Outstanding (Diluted)	83	93	100	100
Shares Change (YoY)	-16.96%	-7.41%	-0.05%	-
EPS (Basic)	2.46	1.70	2.89	2.26
EPS (Diluted)	2.46	1.70	2.89	2.26
EPS Growth	8.87%	-41.23%	28.07%	-
Free Cash Flow	1,651	1,273	938.34	902.75
Free Cash Flow Per Share	19.87	13.75	9.38	9.02
Dividend Per Share	1.370	1.370	-	-
Gross Margin	37.32%	37.15%	37.12%	35.71%
Operating Margin	2.87%	2.11%	3.51%	2.41%
Profit Margin	2.21%	1.65%	3.01%	2.13%
Free Cash Flow Margin	17.93%	13.38%	9.77%	8.52%
EBITDA	510.95	455.76	596.21	513.88
EBITDA Margin	5.55%	4.79%	6.21%	4.85%
D&A For EBITDA	246.71	254.8	259.52	258.31
EBIT	264.24	200.95	336.68	255.57
EBIT Margin	2.87%	2.11%	3.51%	2.41%
Effective Tax Rate	20.70%	9.28%	1.99%	11.05%

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