Winmate Inc. (TPE:3416)

Winmate Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,158	3,058	2,599	2,659	2,502	1,846
Revenue Growth (YoY)	18.17%	17.67%	-2.28%	6.30%	35.55%	10.80%
Cost of Revenue	1,884	1,835	1,560	1,716	1,664	1,201
Gross Profit	1,274	1,223	1,039	942.84	838.11	645.01
Selling, General & Admin	413.38	393.82	266.69	259.3	224.66	194.88
Research & Development	233.1	219.7	192.21	184.77	175.02	158
Other Operating Expenses	-	-	0.13	0.78	-0.17	0.16
Operating Expenses	653.83	616.52	461.03	446.92	400.78	353.78
Operating Income	620.29	606.03	577.98	495.92	437.33	291.23
Interest Expense	-12.27	-12.3	-3.64	-6.94	-5.4	-0.33
Interest & Investment Income	32.93	33.11	37.98	16.27	11.1	9.86
Earnings From Equity Investments	-2.02	-1.87	-10.68	-1.91	0.76	-1.27
Currency Exchange Gain (Loss)	37.06	37.06	5.81	44.22	-11.49	-6.72
Other Non Operating Income (Expenses)	23.94	21.87	11.56	16.19	6.38	14.57
EBT Excluding Unusual Items	699.93	683.9	619	563.75	438.69	307.34
Gain (Loss) on Sale of Investments	-7.79	-7.79	0.13	0.01	0.04	0.23
Gain (Loss) on Sale of Assets	-	-	0.12	-0	-	-
Asset Writedown	-3.6	-3.6	-	-	-	-
Pretax Income	688.54	672.52	619.25	563.76	438.73	307.56
Income Tax Expense	123.65	120.52	113.3	111.33	74.02	51.5
Earnings From Continuing Operations	564.9	552	505.95	452.43	364.71	256.06
Minority Interest in Earnings	8.8	7.45	-	-	-	-
Net Income	573.69	559.45	505.95	452.43	364.71	256.06
Net Income to Common	573.69	559.45	505.95	452.43	364.71	256.06
Net Income Growth	8.33%	10.57%	11.83%	24.05%	42.43%	6.16%
Shares Outstanding (Basic)	80	79	76	73	72	72
Shares Outstanding (Diluted)	80	80	80	80	80	73
Shares Change (YoY)	-0.42%	0.19%	-0.19%	0.79%	9.59%	0.06%
EPS (Basic)	7.20	7.04	6.62	6.23	5.03	3.55
EPS (Diluted)	7.20	7.03	6.33	5.68	4.62	3.52
EPS Growth	8.99%	11.08%	11.44%	23.08%	31.16%	6.34%
Free Cash Flow	512.48	358.44	389.83	165.46	281.3	318.14
Free Cash Flow Per Share	6.39	4.46	4.86	2.06	3.52	4.37
Dividend Per Share	-	5.500	5.200	5.000	4.500	4.000
Dividend Growth	-	5.77%	4.00%	11.11%	12.50%	33.33%
Gross Margin	40.34%	39.98%	39.98%	35.45%	33.50%	34.95%
Operating Margin	19.64%	19.82%	22.24%	18.65%	17.48%	15.78%
Profit Margin	18.16%	18.30%	19.47%	17.01%	14.58%	13.88%
Free Cash Flow Margin	16.23%	11.72%	15.00%	6.22%	11.24%	17.24%
EBITDA	662.96	640.04	604.78	522.22	460.13	312.98
EBITDA Margin	20.99%	20.93%	23.27%	19.64%	18.39%	16.96%
D&A For EBITDA	42.66	34.01	26.8	26.3	22.8	21.75
EBIT	620.29	606.03	577.98	495.92	437.33	291.23
EBIT Margin	19.64%	19.82%	22.24%	18.65%	17.48%	15.78%
Effective Tax Rate	17.96%	17.92%	18.30%	19.75%	16.87%	16.74%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.