Koryo Electronics Co., Ltd. (TPEX:8032)

Koryo Electronics Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,053	2,856	2,694	4,090	3,824	2,972
Revenue Growth (YoY)	19.05%	6.03%	-34.14%	6.94%	28.66%	-9.29%
Cost of Revenue	2,626	2,467	2,403	3,501	3,261	2,617
Gross Profit	426.3	388.86	290.39	588.96	563.49	355.43
Selling, General & Admin	296.68	292.19	254.26	338.03	327.4	252
Research & Development	49.82	47.36	40.01	51.43	46.61	38.32
Other Operating Expenses	-32.08	-33.87	-7.08	-	-	-
Operating Expenses	314.41	305.67	287.19	389.47	374	290.32
Operating Income	111.88	83.19	3.2	199.49	189.49	65.1
Interest Expense	-8.2	-7.98	-20.26	-14.15	-5.85	-5.06
Interest & Investment Income	27.08	28.15	38.28	34.13	31.37	21.93
Earnings From Equity Investments	5.21	5.2	9.95	7.24	0.41	-
Currency Exchange Gain (Loss)	14.88	24.09	1.7	11.91	-5.85	-2.58
Other Non Operating Income (Expenses)	6.98	7.9	20.71	9.54	5.03	10.28
EBT Excluding Unusual Items	157.82	140.55	53.58	248.15	214.6	89.68
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.15
Gain (Loss) on Sale of Assets	-	-	-0.01	-0	-0.03	-0.03
Pretax Income	157.82	140.55	53.56	248.15	214.58	89.79
Income Tax Expense	35.66	28.93	-7.53	64.84	64.08	24.3
Earnings From Continuing Operations	122.16	111.61	61.09	183.31	150.49	65.49
Minority Interest in Earnings	-0.03	-	-	0.05	0.05	-0.01
Net Income	122.13	111.61	61.09	183.36	150.54	65.48
Net Income to Common	122.13	111.61	61.09	183.36	150.54	65.48
Net Income Growth	94.68%	82.70%	-66.68%	21.80%	129.91%	-15.57%
Shares Outstanding (Basic)	52	52	52	52	52	52
Shares Outstanding (Diluted)	52	52	52	53	53	52
Shares Change (YoY)	-0.04%	-0.26%	-0.97%	0.37%	0.49%	-0.22%
EPS (Basic)	2.36	2.15	1.18	3.54	2.91	1.26
EPS (Diluted)	2.34	2.14	1.17	3.48	2.87	1.25
EPS Growth	94.94%	82.91%	-66.38%	21.25%	129.60%	-15.54%
Free Cash Flow	-0.38	-88.92	901.17	-498.49	-80.86	129.9
Free Cash Flow Per Share	-0.01	-1.71	17.26	-9.46	-1.54	2.48
Dividend Per Share	1.100	1.100	0.800	2.200	1.800	1.000
Dividend Growth	37.50%	37.50%	-63.64%	22.22%	80.00%	-11.50%
Gross Margin	13.96%	13.62%	10.78%	14.40%	14.73%	11.96%
Operating Margin	3.67%	2.91%	0.12%	4.88%	4.96%	2.19%
Profit Margin	4.00%	3.91%	2.27%	4.48%	3.94%	2.20%
Free Cash Flow Margin	-0.01%	-3.11%	33.46%	-12.19%	-2.11%	4.37%
EBITDA	116.95	88.29	8.25	205.87	195.31	70.78
EBITDA Margin	3.83%	3.09%	0.31%	5.03%	5.11%	2.38%
D&A For EBITDA	5.07	5.11	5.05	6.38	5.82	5.67
EBIT	111.88	83.19	3.2	199.49	189.49	65.1
EBIT Margin	3.67%	2.91%	0.12%	4.88%	4.96%	2.19%
Effective Tax Rate	22.60%	20.59%	-	26.13%	29.87%	27.07%
Revenue as Reported	3,085	2,890	2,701	4,090	3,824	2,972

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