TOYO Co., Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $427.4M | $177.0M | $62.4M |
| Cost of Revenue | $331.0M | $155.1M | $45.7M |
| Gross Profit | $96.3M | $21.9M | $16.6M |
| Gross Margin | 22.5% | 12.4% | 26.7% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $31.4M | $11.4M | $4.6M |
| Operating Income | $59.0M | $8.9M | $12.0M |
| Operating Margin | 13.8% | 5.0% | 19.2% |
| Interest Expense | $737.8K | $709.0K | $212.1K |
| Pretax Income | $52.5M | $41.3M | $9.9M |
| Income Tax Expense | $15.4M | $781.2K | — |
| Net Income | $39.7M | $40.6M | $9.9M |
| Net Margin | 9.3% | 23.0% | 15.9% |
| EPS (Basic) | $1.14 | $1.09 | $0.24 |
| EPS (Diluted) | $1.13 | $1.09 | $0.24 |
| Shares Outstanding (Basic) | 30.1M | 30.8M | 41.0M |
| Shares Outstanding (Diluted) | 30.3M | 30.8M | 41.0M |
| Dividends Per Share | — | — | — |