TOYO Co., Ltd. (TOYO)

TOYO Co., Ltd. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	176.96	62.38	-
Revenue Growth (YoY)	183.69%	-	-
Cost of Revenue	155.06	45.74	-
Gross Profit	21.9	16.64	-
Selling, General & Admin	13.04	4.65	1.12
Operating Expenses	13.04	4.65	1.12
Operating Income	8.86	11.99	-1.12
Interest Expense	-3.26	-3.26	-
Interest & Investment Income	-	-	0
Other Non Operating Income (Expenses)	0.59	1.16	-
EBT Excluding Unusual Items	6.18	9.89	-1.12
Other Unusual Items	35.1	-	-
Pretax Income	41.28	9.89	-1.12
Income Tax Expense	0.78	-	-
Net Income	40.5	9.89	-1.12
Preferred Dividends & Other Adjustments	7.09	-	-
Net Income to Common	33.41	9.89	-1.12
Net Income Growth	309.54%	-	-
Shares Outstanding (Basic)	31	41	41
Shares Outstanding (Diluted)	31	41	41
Shares Change (YoY)	-25.00%	-	-
EPS (Basic)	1.09	0.24	-
EPS (Diluted)	1.09	0.24	-
EPS Growth	350.49%	-	-
Free Cash Flow	2.46	-126.77	-35
Free Cash Flow Per Share	0.08	-3.09	-0.85
Gross Margin	12.38%	26.67%	-
Operating Margin	5.01%	19.22%	-
Profit Margin	18.88%	15.85%	-
Free Cash Flow Margin	1.39%	-203.23%	-
EBITDA	32.1	14.59	-1.12
EBITDA Margin	18.14%	23.40%	-
D&A For EBITDA	23.24	2.61	0
EBIT	8.86	11.99	-1.12
EBIT Margin	5.01%	19.22%	-
Effective Tax Rate	1.89%	-	-

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

SEC Filings: 10-K · 10-Q