Koryo Electronics 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,320	2,856	2,694	4,090	3,824	2,972
Revenue Growth (YoY)	24.06%	6.03%	-34.14%	6.94%	28.66%	-9.29%
Cost of Revenue	2,870	2,467	2,403	3,501	3,261	2,617
Gross Profit	449.57	388.86	290.39	588.96	563.49	355.43
Selling, General & Admin	290.13	292.19	254.26	338.03	327.4	252
Research & Development	47.46	47.36	40.01	51.43	46.61	38.32
Other Operating Expenses	-18.31	-33.87	-7.08	-	-	-
Operating Expenses	319.29	305.67	287.19	389.47	374	290.32
Operating Income	130.28	83.19	3.2	199.49	189.49	65.1
Interest Expense	-9.76	-7.98	-20.26	-14.15	-5.85	-5.06
Interest & Investment Income	33.21	28.15	38.28	34.13	31.37	21.93
Earnings From Equity Investments	8.63	5.2	9.95	7.24	0.41	-
Currency Exchange Gain (Loss)	-23.91	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	145.43	140.55	53.58	248.15	214.6	89.68
Gain (Loss) on Sale of Investments	-8.46	-	-	-	-	0.15
Gain (Loss) on Sale of Assets	-	-	-0.01	-0	-0.03	-0.03
Pretax Income	136.97	140.55	53.56	248.15	214.58	89.79
Income Tax Expense	35.48	28.93	-7.53	64.84	64.08	24.3
Earnings From Continuing Operations	101.49	111.61	61.09	183.31	150.49	65.49
Minority Interest in Earnings	0.02	-	-	0.05	0.05	-0.01
Net Income	101.5	111.61	61.09	183.36	150.54	65.48
Net Income to Common	101.5	111.61	61.09	183.36	150.54	65.48
Net Income Growth	39.38%	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)	-0.01%	-0.26%	-0.97%	0.37%	0.49%	-0.22%
EPS (Basic)	1.96	2.15	1.18	3.54	2.91	1.26
EPS (Diluted)	1.95	2.14	1.17	3.48	2.87	1.25
EPS Growth	39.46%	82.91%	-66.38%	21.25%	129.60%	-15.54%
Free Cash Flow	28.83	-88.92	901.17	-498.49	-80.86	129.9
Free Cash Flow Per Share	0.55	-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	13.54%	13.62%	10.78%	14.40%	14.73%	11.96%
Operating Margin	3.92%	2.91%	0.12%	4.88%	4.96%	2.19%
Profit Margin	3.06%	3.91%	2.27%	4.48%	3.94%	2.20%
Free Cash Flow Margin	0.87%	-3.11%	33.46%	-12.19%	-2.11%	4.37%
EBITDA	134.93	88.29	8.25	205.87	195.31	70.78
EBITDA Margin	4.06%	3.09%	0.31%	5.03%	5.11%	2.38%
D&A For EBITDA	4.65	5.11	5.05	6.38	5.82	5.67
EBIT	130.28	83.19	3.2	199.49	189.49	65.1
EBIT Margin	3.92%	2.91%	0.12%	4.88%	4.96%	2.19%
Effective Tax Rate	25.91%	20.59%	-	26.13%	29.87%	27.07%
Revenue as Reported	3,338	2,890	2,701	4,090	3,824	2,972

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