TWOWAY Communications, Inc. (TPEX: 8045)

TWOWAY Communications Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,289	2,325	1,020	1,174	1,059	1,270
Revenue	2,289	2,325	1,020	1,174	1,059	1,270
Revenue Growth (YoY)	31.17%	128.05%	-13.18%	10.86%	-16.60%	1.52%
Cost of Revenue	1,412	1,303	627.65	739.63	647.46	794.65
Gross Profit	877.43	1,023	392.02	434.77	411.9	475.61
Selling, General & Admin	324.08	352.01	265.47	223.43	246.46	288.42
Research & Development	114.53	103.89	96.85	99.59	103.01	106.47
Operating Expenses	438.47	455.95	362.32	320.8	345.9	394
Operating Income	438.97	566.83	29.7	113.97	66	81.61
Interest Expense	-6.98	-8.13	-8.73	-12.36	-10.82	-17.12
Interest & Investment Income	10.39	7.52	7.88	3.43	1.9	1.63
Currency Exchange Gain (Loss)	-6.92	-6.92	46.4	-48.58	-35.88	24.46
Other Non Operating Income (Expenses)	4.45	-2.81	-0.55	8.41	10.37	5.33
EBT Excluding Unusual Items	439.9	556.48	74.7	64.87	31.57	95.92
Gain (Loss) on Sale of Investments	-	-	-	-	-	-6.45
Gain (Loss) on Sale of Assets	0.08	0.08	-	-	-	-
Pretax Income	439.98	556.57	74.7	64.87	31.57	89.46
Income Tax Expense	82.17	148.64	12.95	18.1	14.73	20.59
Earnings From Continuing Operations	357.81	407.92	61.75	46.77	16.84	68.87
Minority Interest in Earnings	-0.35	0.01	0.51	0.65	0.09	-1.01
Net Income	357.47	407.93	62.27	47.42	16.93	67.86
Net Income to Common	357.47	407.93	62.27	47.42	16.93	67.86
Net Income Growth	48.17%	555.12%	31.31%	180.03%	-75.05%	-19.07%
Shares Outstanding (Basic)	82	82	82	82	82	82
Shares Outstanding (Diluted)	85	84	82	82	82	82
Shares Change (YoY)	1.55%	2.95%	0.25%	0.09%	-0.20%	0.26%
EPS (Basic)	4.38	5.00	0.76	0.58	0.21	0.83
EPS (Diluted)	4.22	4.84	0.76	0.58	0.21	0.83
EPS Growth	45.93%	536.84%	31.03%	179.22%	-74.97%	-19.31%
Free Cash Flow	255.01	307.49	209.08	182.9	305.93	203.62
Free Cash Flow Per Share	3.01	3.65	2.55	2.24	3.75	2.49
Dividend Per Share	4.500	4.500	0.700	0.500	0.500	0.500
Dividend Growth	542.86%	542.86%	40.00%	0%	0%	-16.67%
Gross Margin	38.32%	43.98%	38.45%	37.02%	38.88%	37.44%
Operating Margin	19.17%	24.38%	2.91%	9.70%	6.23%	6.42%
Profit Margin	15.61%	17.54%	6.11%	4.04%	1.60%	5.34%
Free Cash Flow Margin	11.14%	13.22%	20.51%	15.57%	28.88%	16.03%
EBITDA	489.06	618.3	70.48	160.04	112.78	132.18
EBITDA Margin	21.36%	26.59%	6.91%	13.63%	10.65%	10.41%
D&A For EBITDA	50.09	51.47	40.79	46.07	46.78	50.58
EBIT	438.97	566.83	29.7	113.97	66	81.61
EBIT Margin	19.17%	24.38%	2.91%	9.70%	6.23%	6.42%
Effective Tax Rate	18.68%	26.71%	17.33%	27.90%	46.66%	23.02%

Source: S&P Capital IQ. Standard template. Financial Sources.