Solar Applied Materials Technology Corporation (TPEX:1785)

TPEX:1785 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	31,700	29,770	22,629	25,791	31,355	26,665
Revenue Growth (YoY)	31.52%	31.56%	-12.26%	-17.75%	17.59%	21.28%
Cost of Revenue	27,383	25,958	19,906	22,318	27,749	23,620
Gross Profit	4,317	3,812	2,723	3,473	3,605	3,046
Selling, General & Admin	1,226	1,213	975.35	1,400	1,568	1,082
Research & Development	407.47	397.18	371.39	458.3	401.31	383.5
Operating Expenses	1,617	1,608	1,357	1,843	1,988	1,449
Operating Income	2,700	2,204	1,366	1,630	1,617	1,597
Interest Expense	-312.39	-304.99	-366.95	-259.12	-240.88	-255.4
Interest & Investment Income	96.33	83.41	60.07	18.76	9.5	6.86
Earnings From Equity Investments	0.65	-7.21	-5.73	5.22	3.3	-54.89
Currency Exchange Gain (Loss)	247.33	247.33	-13.55	85.26	29.49	73.34
Other Non Operating Income (Expenses)	-416.52	189.07	143.51	-66.49	154.72	-276.59
EBT Excluding Unusual Items	2,316	2,412	1,183	1,414	1,574	1,090
Gain (Loss) on Sale of Investments	-	-	116.36	-	8.92	8.02
Gain (Loss) on Sale of Assets	-12.67	-12.67	-10.68	256.41	-1.7	-1.57
Asset Writedown	-36.03	-36.03	-0.2	-	-3.52	48.55
Other Unusual Items	-	-	-	-0.59	-0.11	-
Pretax Income	2,267	2,363	1,289	1,670	1,577	1,145
Income Tax Expense	440.62	462.85	222.24	240.89	268.37	261.29
Earnings From Continuing Operations	1,827	1,900	1,066	1,429	1,309	883.68
Minority Interest in Earnings	4.69	3.23	18.52	-39.68	-52.7	-40.3
Net Income	1,831	1,903	1,085	1,389	1,256	843.37
Net Income to Common	1,831	1,903	1,085	1,389	1,256	843.37
Net Income Growth	35.20%	75.44%	-21.91%	10.61%	48.93%	-18.82%
Shares Outstanding (Basic)	596	594	593	592	585	498
Shares Outstanding (Diluted)	597	597	596	595	586	500
Shares Change (YoY)	0.14%	0.21%	0.18%	1.40%	17.36%	12.60%
EPS (Basic)	3.07	3.21	1.83	2.35	2.15	1.69
EPS (Diluted)	3.07	3.19	1.82	2.34	2.14	1.69
EPS Growth	35.27%	75.28%	-22.22%	9.35%	26.63%	-27.78%
Free Cash Flow	2.77	-117.88	248.02	-363.71	-162.56	833.21
Free Cash Flow Per Share	0.01	-0.20	0.42	-0.61	-0.28	1.67
Dividend Per Share	-	-	1.200	1.500	1.500	1.200
Dividend Growth	-	-	-20.00%	-	25.00%	20.00%
Gross Margin	13.62%	12.81%	12.03%	13.47%	11.50%	11.42%
Operating Margin	8.52%	7.40%	6.04%	6.32%	5.16%	5.99%
Profit Margin	5.78%	6.39%	4.79%	5.39%	4.01%	3.16%
Free Cash Flow Margin	0.01%	-0.40%	1.10%	-1.41%	-0.52%	3.13%
EBITDA	3,329	2,835	1,923	2,090	2,037	2,061
EBITDA Margin	10.50%	9.52%	8.50%	8.11%	6.50%	7.73%
D&A For EBITDA	628.88	630.92	556.9	459.99	419.78	464.77
EBIT	2,700	2,204	1,366	1,630	1,617	1,597
EBIT Margin	8.52%	7.40%	6.04%	6.32%	5.16%	5.99%
Effective Tax Rate	19.43%	19.59%	17.25%	14.42%	17.02%	22.82%

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