TOYO Co., Ltd. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	177.98	176.96	62.38	-
Revenue Growth (YoY)	-11.21%	183.69%	-	-
Cost of Revenue	159.65	155.06	45.74	-
Gross Profit	18.34	21.9	16.64	-
Selling, General & Admin	22.26	13.04	4.65	1.12
Operating Expenses	22.26	13.04	4.65	1.12
Operating Income	-3.92	8.86	11.99	-1.12
Interest Expense	-3.27	-3.26	-3.26	-
Interest & Investment Income	-	-	-	0
Other Non Operating Income (Expenses)	0.97	0.59	1.16	-
EBT Excluding Unusual Items	-6.23	6.18	9.89	-1.12
Other Unusual Items	33.76	35.1	-	-
Pretax Income	27.53	41.28	9.89	-1.12
Income Tax Expense	4.08	0.78	-	-
Net Income	24.42	40.5	9.89	-1.12
Preferred Dividends & Other Adjustments	7.09	7.09	-	-
Net Income to Common	17.33	33.41	9.89	-1.12
Net Income Growth	-22.14%	309.54%	-	-
Shares Outstanding (Basic)	27	31	41	41
Shares Outstanding (Diluted)	27	31	41	41
Shares Change (YoY)	-33.48%	-25.00%	-	-
EPS (Basic)	0.64	1.09	0.24	-
EPS (Diluted)	0.64	1.09	0.24	-
EPS Growth	-16.93%	350.49%	-	-
Free Cash Flow	-9.83	2.46	-126.77	-35
Free Cash Flow Per Share	-0.36	0.08	-3.09	-0.85
Gross Margin	10.30%	12.38%	26.67%	-
Operating Margin	-2.20%	5.01%	19.22%	-
Profit Margin	9.74%	18.88%	15.85%	-
Free Cash Flow Margin	-5.52%	1.39%	-203.23%	-
EBITDA	19.98	32.1	14.59	-1.12
EBITDA Margin	11.22%	18.14%	23.40%	-
D&A For EBITDA	23.9	23.24	2.61	0
EBIT	-3.92	8.86	11.99	-1.12
EBIT Margin	-2.20%	5.01%	19.22%	-
Effective Tax Rate	14.81%	1.89%	-	-

Updated Sep 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q