GrandTech Cloud Services Inc. (TPEX:7747)

GrandTech Cloud Services Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	1,558	1,430	1,052	876.21
Revenue Growth (YoY)	39.44%	35.93%	20.04%	-
Cost of Revenue	1,318	1,200	866.04	704.64
Gross Profit	240.45	230.04	185.74	171.57
Selling, General & Admin	105.93	104.61	93.21	86.18
Research & Development	7.15	5	5.1	4.24
Operating Expenses	113.28	109.85	98.37	88.94
Operating Income	127.17	120.19	87.37	82.63
Interest Expense	-1.83	-1.56	-0.46	-0.81
Interest & Investment Income	1.82	2.13	1.59	0.69
Currency Exchange Gain (Loss)	6.69	5.33	5	5.61
Other Non Operating Income (Expenses)	1.47	1.27	1.64	1.3
EBT Excluding Unusual Items	135.32	127.37	95.15	89.41
Gain (Loss) on Sale of Assets	-0.01	-0.02	-0.49	-0.01
Other Unusual Items	-	-	0.01	-
Pretax Income	135.31	127.35	94.67	89.41
Income Tax Expense	25.23	24.53	18.31	17.04
Earnings From Continuing Operations	110.08	102.82	76.36	72.36
Minority Interest in Earnings	-7.09	-7.36	-8.79	-9.35
Net Income	103	95.47	67.57	63.01
Net Income to Common	103	95.47	67.57	63.01
Net Income Growth	32.21%	41.29%	7.23%	-
Shares Outstanding (Basic)	24	23	23	22
Shares Outstanding (Diluted)	24	24	23	22
Shares Change (YoY)	1.52%	1.08%	3.55%	-
EPS (Basic)	4.37	4.07	2.92	2.82
EPS (Diluted)	4.37	4.06	2.90	2.81
EPS Growth	30.80%	40.00%	3.25%	-
Free Cash Flow	-38.04	-43.42	15.12	-20.96
Free Cash Flow Per Share	-1.61	-1.85	0.65	-0.93
Gross Margin	15.43%	16.09%	17.66%	19.58%
Operating Margin	8.16%	8.41%	8.31%	9.43%
Profit Margin	6.61%	6.68%	6.42%	7.19%
Free Cash Flow Margin	-2.44%	-3.04%	1.44%	-2.39%
EBITDA	129.38	122.4	89.9	84.47
EBITDA Margin	8.30%	8.56%	8.55%	9.64%
D&A For EBITDA	2.2	2.21	2.53	1.84
EBIT	127.17	120.19	87.37	82.63
EBIT Margin	8.16%	8.41%	8.31%	9.43%
Effective Tax Rate	18.64%	19.26%	19.35%	19.06%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.