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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,686	2,325	1,020	1,174	1,059	1,270
Revenue	2,686	2,325	1,020	1,174	1,059	1,270
Revenue Growth (YoY)	130.45%	128.05%	-13.18%	10.86%	-16.60%	1.52%
Cost of Revenue	1,525	1,303	627.65	739.63	647.46	794.65
Gross Profit	1,161	1,023	392.02	434.77	411.9	475.61
Selling, General & Admin	384.16	352.01	265.47	223.43	246.46	288.42
Research & Development	115.6	103.89	96.85	99.59	103.01	106.47
Operating Expenses	499.68	455.95	362.32	320.8	345.9	394
Operating Income	660.86	566.83	29.7	113.97	66	81.61
Interest Expense	-7.58	-8.13	-8.73	-12.36	-10.82	-17.12
Interest & Investment Income	11.11	7.52	7.88	3.43	1.9	1.63
Currency Exchange Gain (Loss)	23.19	-6.92	46.4	-48.58	-35.88	24.46
Other Non Operating Income (Expenses)	1.42	-2.81	-0.55	8.41	10.37	5.33
EBT Excluding Unusual Items	689.01	556.48	74.7	64.87	31.57	95.92
Gain (Loss) on Sale of Investments	-	-	-	-	-	-6.45
Gain (Loss) on Sale of Assets	-0.32	0.08	-	-	-	-
Pretax Income	688.69	556.57	74.7	64.87	31.57	89.46
Income Tax Expense	163.93	148.64	12.95	18.1	14.73	20.59
Earnings From Continuing Operations	524.76	407.92	61.75	46.77	16.84	68.87
Minority Interest in Earnings	-0.03	0.01	0.51	0.65	0.09	-1.01
Net Income	524.73	407.93	62.27	47.42	16.93	67.86
Net Income to Common	524.73	407.93	62.27	47.42	16.93	67.86
Net Income Growth	603.60%	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)	2.29%	2.95%	0.25%	0.09%	-0.20%	0.26%
EPS (Basic)	6.44	5.00	0.76	0.58	0.21	0.83
EPS (Diluted)	6.20	4.84	0.76	0.58	0.21	0.83
EPS Growth	587.36%	536.84%	31.03%	179.22%	-74.97%	-19.31%
Free Cash Flow	734.11	307.49	209.08	182.9	305.93	203.62
Free Cash Flow Per Share	8.67	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	43.21%	43.98%	38.45%	37.02%	38.88%	37.44%
Operating Margin	24.60%	24.38%	2.91%	9.70%	6.23%	6.42%
Profit Margin	19.54%	17.54%	6.11%	4.04%	1.60%	5.34%
Free Cash Flow Margin	27.33%	13.22%	20.51%	15.57%	28.88%	16.03%
EBITDA	710.29	618.3	70.48	160.04	112.78	132.18
EBITDA Margin	26.44%	26.59%	6.91%	13.63%	10.65%	10.41%
D&A For EBITDA	49.42	51.47	40.79	46.07	46.78	50.58
EBIT	660.86	566.83	29.7	113.97	66	81.61
EBIT Margin	24.60%	24.38%	2.91%	9.70%	6.23%	6.42%
Effective Tax Rate	23.80%	26.71%	17.33%	27.90%	46.66%	23.02%

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