HIM International Music Inc. (TPEX: 8446)

HIM International Music 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
Revenue	1,306	1,199	897.37	836.57	1,165	1,500
Revenue Growth (YoY)	26.55%	33.56%	7.27%	-28.17%	-22.34%	-11.58%
Cost of Revenue	514.61	470.82	258.08	179.72	237.78	536.91
Gross Profit	791.26	727.71	639.29	656.85	926.84	962.7
Selling, General & Admin	199.45	191.13	157.55	196.2	231.1	255.49
Research & Development	69.71	69.71	63.68	76.94	85.76	103.87
Operating Expenses	269.3	261.02	221.2	272.71	315.71	360.58
Operating Income	521.96	466.69	418.09	384.14	611.13	602.12
Interest Expense	-13.72	-15.66	-12.88	-11.33	-8.96	-6.6
Interest & Investment Income	29.95	30.05	20.82	16.47	9.34	8.95
Earnings From Equity Investments	1.23	-0.7	4.28	2.31	-3.23	-1.58
Currency Exchange Gain (Loss)	62.73	1.42	31.94	-1.72	-40.84	6.55
Other Non Operating Income (Expenses)	29.46	29.36	26.82	31.76	35.97	37.81
EBT Excluding Unusual Items	631.6	511.18	489.07	421.62	603.41	647.24
Gain (Loss) on Sale of Investments	28.96	11.62	-114.13	-44.48	-5.03	-15.7
Gain (Loss) on Sale of Assets	-0.22	-0.22	-	-	-	-0.11
Asset Writedown	2.27	2.27	1.09	36.24	22.35	26.2
Other Unusual Items	-0.28	-0.29	-0	0.05	-	-
Pretax Income	662.33	524.55	376.03	413.43	620.73	657.63
Income Tax Expense	120.71	89.51	62.33	67.07	116.45	117.44
Earnings From Continuing Operations	541.62	435.04	313.7	346.36	504.28	540.19
Minority Interest in Earnings	0.61	0.56	0.56	0.96	0.91	0.77
Net Income	542.23	435.6	314.26	347.32	505.18	540.96
Net Income to Common	542.23	435.6	314.26	347.32	505.18	540.96
Net Income Growth	38.87%	38.61%	-9.52%	-31.25%	-6.61%	13.05%
Shares Outstanding (Basic)	53	53	53	53	53	53
Shares Outstanding (Diluted)	53	53	53	53	53	53
Shares Change (YoY)	0.09%	0.00%	0.02%	-0.08%	0.06%	-2.05%
EPS (Basic)	10.25	8.23	5.94	6.56	9.55	10.22
EPS (Diluted)	10.22	8.21	5.92	6.55	9.52	10.20
EPS Growth	38.84%	38.68%	-9.62%	-31.20%	-6.67%	15.38%
Free Cash Flow	607.65	616.71	550.8	355.58	448.56	808.72
Free Cash Flow Per Share	11.45	11.63	10.38	6.70	8.45	15.24
Dividend Per Share	6.000	6.000	5.000	4.500	7.000	9.000
Dividend Growth	20.00%	20.00%	11.11%	-35.71%	-22.22%	50.00%
Gross Margin	60.59%	60.72%	71.24%	78.52%	79.58%	64.20%
Operating Margin	39.97%	38.94%	46.59%	45.92%	52.47%	40.15%
Profit Margin	41.52%	36.34%	35.02%	41.52%	43.38%	36.07%
Free Cash Flow Margin	46.53%	51.46%	61.38%	42.50%	38.52%	53.93%
EBITDA	563.96	508.03	457.12	436.32	671.75	671.97
EBITDA Margin	43.19%	42.39%	50.94%	52.16%	57.68%	44.81%
D&A For EBITDA	42	41.34	39.03	52.18	60.62	69.86
EBIT	521.96	466.69	418.09	384.14	611.13	602.12
EBIT Margin	39.97%	38.94%	46.59%	45.92%	52.47%	40.15%
Effective Tax Rate	18.23%	17.06%	16.58%	16.22%	18.76%	17.86%
Advertising Expenses	-	19.07	13.63	43.89	57.49	47.89

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