ACES Electronics Co., Ltd. (TPE:3605)

ACES Electronics 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,271	9,373	8,188	10,048	10,251	7,849
Other Revenue	466.89	398.36	298.06	344.92	325.06	213.55
Revenue	10,737	9,771	8,486	10,393	10,576	8,063
Revenue Growth (YoY)	22.42%	15.14%	-18.34%	-1.73%	31.17%	10.27%
Cost of Revenue	8,011	7,449	6,734	8,160	8,147	6,227
Gross Profit	2,726	2,322	1,752	2,233	2,429	1,836
Selling, General & Admin	1,526	1,454	1,462	1,602	1,441	1,125
Research & Development	611.28	592.52	621.27	573.94	481.41	364.66
Operating Expenses	2,144	2,043	2,083	2,176	1,915	1,487
Operating Income	582.33	278.48	-330.73	56.75	514	348.54
Interest Expense	-86.72	-103.54	-108.73	-85.07	-45.81	-34.83
Interest & Investment Income	32.19	41.9	49.73	27.21	23.77	14.82
Earnings From Equity Investments	-51.47	-7.63	-10.65	10.1	31.26	72.8
Currency Exchange Gain (Loss)	108.49	108.49	31.63	227.55	-43.54	-144.18
Other Non Operating Income (Expenses)	86.43	41.69	98.5	132.12	69.35	62.56
EBT Excluding Unusual Items	671.27	359.39	-270.25	368.66	549.03	319.7
Gain (Loss) on Sale of Investments	21.11	21.11	3.5	-32.74	39.47	-4.5
Gain (Loss) on Sale of Assets	-0.79	-0.79	-9.01	-15.9	-1.46	6.81
Asset Writedown	7.51	7.51	6.07	-4.96	1.88	1.42
Pretax Income	699.09	387.21	-269.69	315.06	588.91	323.42
Income Tax Expense	121.62	42.86	-1.5	91.73	80.74	63.48
Earnings From Continuing Operations	577.47	344.36	-268.19	223.33	508.17	259.95
Minority Interest in Earnings	-0.33	-0.3	1.65	1.99	2.68	16.43
Net Income	577.15	344.06	-266.54	225.32	510.86	276.37
Net Income to Common	577.15	344.06	-266.54	225.32	510.86	276.37
Net Income Growth	5116.91%	-	-	-55.89%	84.84%	-11.28%
Shares Outstanding (Basic)	144	137	134	134	123	122
Shares Outstanding (Diluted)	170	156	134	148	136	123
Shares Change (YoY)	26.50%	15.69%	-9.12%	8.96%	9.98%	0.01%
EPS (Basic)	4.01	2.51	-1.98	1.68	4.16	2.26
EPS (Diluted)	3.52	2.34	-1.98	1.64	3.78	2.24
EPS Growth	4294.00%	-	-	-56.59%	68.59%	-11.11%
Free Cash Flow	290.08	-233.8	-223.94	66.75	-250.7	222.03
Free Cash Flow Per Share	1.71	-1.50	-1.67	0.45	-1.85	1.80
Dividend Per Share	-	0.750	-	0.550	1.500	0.700
Dividend Growth	-	-	-	-63.33%	114.29%	-6.67%
Gross Margin	25.39%	23.76%	20.64%	21.49%	22.97%	22.77%
Operating Margin	5.42%	2.85%	-3.90%	0.55%	4.86%	4.32%
Profit Margin	5.38%	3.52%	-3.14%	2.17%	4.83%	3.43%
Free Cash Flow Margin	2.70%	-2.39%	-2.64%	0.64%	-2.37%	2.75%
EBITDA	1,201	913.84	272.43	648.51	1,006	729.95
EBITDA Margin	11.19%	9.35%	3.21%	6.24%	9.51%	9.05%
D&A For EBITDA	618.86	635.36	603.16	591.77	492.01	381.41
EBIT	582.33	278.48	-330.73	56.75	514	348.54
EBIT Margin	5.42%	2.85%	-3.90%	0.55%	4.86%	4.32%
Effective Tax Rate	17.40%	11.07%	-	29.12%	13.71%	19.63%
Revenue as Reported	10,737	9,771	8,486	10,393	10,576	8,063

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