Gourmet Master Co Ltd
TWSE:2723
Income Statement
Earnings Waterfall
Gourmet Master Co Ltd
Income Statement
Gourmet Master Co Ltd
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
3
|
6
|
10
|
15
|
17
|
16
|
19
|
18
|
20
|
26
|
24
|
27
|
30
|
28
|
87
|
146
|
201
|
261
|
261
|
257
|
253
|
230
|
216
|
202
|
187
|
186
|
178
|
174
|
174
|
177
|
179
|
176
|
172
|
160
|
149
|
143
|
137
|
138
|
139
|
134
|
127
|
|
| Revenue |
6 283
N/A
|
7 018
+12%
|
7 681
+9%
|
8 239
+7%
|
8 347
+1%
|
8 784
+5%
|
9 062
+3%
|
10 226
+13%
|
11 456
+12%
|
12 298
+7%
|
13 086
+6%
|
13 222
+1%
|
13 551
+2%
|
13 844
+2%
|
14 254
+3%
|
14 723
+3%
|
15 114
+3%
|
15 749
+4%
|
16 279
+3%
|
17 011
+4%
|
17 921
+5%
|
18 478
+3%
|
19 099
+3%
|
19 848
+4%
|
20 457
+3%
|
21 150
+3%
|
21 837
+3%
|
21 981
+1%
|
22 047
+0%
|
21 931
-1%
|
21 839
0%
|
22 396
+3%
|
23 018
+3%
|
23 802
+3%
|
24 608
+3%
|
24 394
-1%
|
24 115
-1%
|
23 686
-2%
|
23 353
-1%
|
23 264
0%
|
23 157
0%
|
22 152
-4%
|
20 761
-6%
|
20 189
-3%
|
19 679
-3%
|
19 852
+1%
|
20 310
+2%
|
20 080
-1%
|
19 861
-1%
|
19 838
0%
|
19 339
-3%
|
19 401
+0%
|
19 514
+1%
|
19 860
+2%
|
20 540
+3%
|
20 542
+0%
|
20 424
-1%
|
19 873
-3%
|
19 496
-2%
|
19 082
-2%
|
18 979
-1%
|
19 163
+1%
|
19 103
0%
|
18 689
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 110)
|
(3 412)
|
(3 679)
|
(3 890)
|
(3 936)
|
(4 114)
|
(4 242)
|
(4 785)
|
(5 323)
|
(5 637)
|
(5 935)
|
(5 937)
|
(6 066)
|
(6 189)
|
(6 336)
|
(6 537)
|
(6 719)
|
(6 953)
|
(7 177)
|
(7 537)
|
(7 836)
|
(8 074)
|
(8 283)
|
(8 527)
|
(8 868)
|
(9 222)
|
(9 478)
|
(9 382)
|
(9 219)
|
(9 003)
|
(8 892)
|
(9 127)
|
(9 362)
|
(9 709)
|
(10 060)
|
(10 016)
|
(9 950)
|
(9 704)
|
(9 530)
|
(9 439)
|
(9 340)
|
(8 970)
|
(8 479)
|
(8 190)
|
(7 978)
|
(8 071)
|
(8 190)
|
(8 153)
|
(8 110)
|
(8 089)
|
(8 005)
|
(8 135)
|
(8 265)
|
(8 424)
|
(8 607)
|
(8 499)
|
(8 399)
|
(8 118)
|
(7 970)
|
(7 834)
|
(7 724)
|
(7 813)
|
(7 779)
|
(7 584)
|
|
| Gross Profit |
3 173
N/A
|
3 606
+14%
|
4 002
+11%
|
4 349
+9%
|
4 411
+1%
|
4 670
+6%
|
4 820
+3%
|
5 441
+13%
|
6 133
+13%
|
6 661
+9%
|
7 152
+7%
|
7 285
+2%
|
7 485
+3%
|
7 655
+2%
|
7 918
+3%
|
8 187
+3%
|
8 395
+3%
|
8 795
+5%
|
9 102
+3%
|
9 474
+4%
|
10 085
+6%
|
10 404
+3%
|
10 816
+4%
|
11 321
+5%
|
11 589
+2%
|
11 929
+3%
|
12 359
+4%
|
12 600
+2%
|
12 828
+2%
|
12 928
+1%
|
12 947
+0%
|
13 270
+2%
|
13 657
+3%
|
14 093
+3%
|
14 548
+3%
|
14 379
-1%
|
14 165
-1%
|
13 982
-1%
|
13 822
-1%
|
13 825
+0%
|
13 817
0%
|
13 182
-5%
|
12 283
-7%
|
11 999
-2%
|
11 702
-2%
|
11 781
+1%
|
12 120
+3%
|
11 927
-2%
|
11 751
-1%
|
11 749
0%
|
11 334
-4%
|
11 265
-1%
|
11 248
0%
|
11 436
+2%
|
11 933
+4%
|
12 043
+1%
|
12 025
0%
|
11 755
-2%
|
11 525
-2%
|
11 248
-2%
|
11 255
+0%
|
11 349
+1%
|
11 324
0%
|
11 105
-2%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(2 130)
|
(2 501)
|
(2 931)
|
(3 239)
|
(3 320)
|
(3 532)
|
(3 655)
|
(4 177)
|
(4 730)
|
(5 141)
|
(5 618)
|
(5 834)
|
(6 179)
|
(6 520)
|
(6 825)
|
(7 173)
|
(7 454)
|
(7 864)
|
(8 312)
|
(8 755)
|
(9 237)
|
(9 525)
|
(9 670)
|
(9 809)
|
(9 909)
|
(10 069)
|
(10 318)
|
(10 433)
|
(10 464)
|
(10 396)
|
(10 336)
|
(10 518)
|
(10 822)
|
(11 205)
|
(11 643)
|
(11 783)
|
(11 880)
|
(11 966)
|
(12 119)
|
(12 117)
|
(12 109)
|
(11 767)
|
(10 972)
|
(10 524)
|
(10 112)
|
(9 984)
|
(10 229)
|
(10 260)
|
(10 336)
|
(10 363)
|
(10 344)
|
(10 419)
|
(10 517)
|
(10 704)
|
(10 861)
|
(10 885)
|
(10 924)
|
(10 678)
|
(10 501)
|
(10 309)
|
(10 112)
|
(10 228)
|
(10 155)
|
(10 421)
|
|
| Selling, General & Administrative |
(2 121)
|
(2 493)
|
(2 924)
|
(3 230)
|
(3 311)
|
(3 522)
|
(3 645)
|
(4 164)
|
(4 715)
|
(5 125)
|
(5 603)
|
(5 821)
|
(6 163)
|
(6 500)
|
(6 799)
|
(7 146)
|
(7 436)
|
(7 834)
|
(8 273)
|
(8 710)
|
(9 179)
|
(9 469)
|
(9 616)
|
(9 749)
|
(9 843)
|
(9 999)
|
(10 243)
|
(10 362)
|
(10 396)
|
(10 330)
|
(10 271)
|
(10 452)
|
(10 752)
|
(11 138)
|
(11 521)
|
(11 721)
|
(11 823)
|
(11 910)
|
(12 061)
|
(12 059)
|
(12 051)
|
(11 709)
|
(10 917)
|
(10 472)
|
(10 064)
|
(9 937)
|
(10 185)
|
(10 219)
|
(10 297)
|
(10 319)
|
(10 294)
|
(10 360)
|
(10 448)
|
(10 630)
|
(10 786)
|
(10 809)
|
(10 847)
|
(10 602)
|
(10 425)
|
(10 235)
|
(10 040)
|
(10 131)
|
(10 085)
|
(10 351)
|
|
| Research & Development |
(9)
|
(8)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(13)
|
(14)
|
(15)
|
(15)
|
(12)
|
(17)
|
(18)
|
(20)
|
(21)
|
(18)
|
(21)
|
(28)
|
(29)
|
(36)
|
(39)
|
(36)
|
(40)
|
(36)
|
(35)
|
(33)
|
(32)
|
(32)
|
(32)
|
(34)
|
(36)
|
(38)
|
(38)
|
(37)
|
(36)
|
(35)
|
(35)
|
(35)
|
(35)
|
(36)
|
(36)
|
(34)
|
(32)
|
(32)
|
(26)
|
(28)
|
(29)
|
(39)
|
(44)
|
(50)
|
(60)
|
(69)
|
(74)
|
(75)
|
(76)
|
(77)
|
(75)
|
(76)
|
(74)
|
(72)
|
(72)
|
(71)
|
(70)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
0
|
0
|
(9)
|
(11)
|
(16)
|
(22)
|
(17)
|
(18)
|
(21)
|
(30)
|
(36)
|
(39)
|
(39)
|
(36)
|
(35)
|
(32)
|
(30)
|
(32)
|
(30)
|
(28)
|
(26)
|
(22)
|
(21)
|
(22)
|
(23)
|
(22)
|
(23)
|
(21)
|
(20)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
(16)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
0
|
0
|
|
| Operating Income |
1 043
N/A
|
1 105
+6%
|
1 071
-3%
|
1 111
+4%
|
1 091
-2%
|
1 138
+4%
|
1 166
+2%
|
1 264
+8%
|
1 404
+11%
|
1 520
+8%
|
1 534
+1%
|
1 451
-5%
|
1 306
-10%
|
1 135
-13%
|
1 093
-4%
|
1 014
-7%
|
941
-7%
|
932
-1%
|
790
-15%
|
720
-9%
|
848
+18%
|
878
+4%
|
1 145
+30%
|
1 512
+32%
|
1 680
+11%
|
1 860
+11%
|
2 041
+10%
|
2 167
+6%
|
2 364
+9%
|
2 531
+7%
|
2 610
+3%
|
2 752
+5%
|
2 835
+3%
|
2 888
+2%
|
2 905
+1%
|
2 595
-11%
|
2 285
-12%
|
2 016
-12%
|
1 704
-15%
|
1 708
+0%
|
1 708
0%
|
1 415
-17%
|
1 310
-7%
|
1 474
+13%
|
1 590
+8%
|
1 797
+13%
|
1 891
+5%
|
1 666
-12%
|
1 415
-15%
|
1 386
-2%
|
991
-29%
|
846
-15%
|
731
-14%
|
732
+0%
|
1 072
+46%
|
1 158
+8%
|
1 101
-5%
|
1 077
-2%
|
1 024
-5%
|
938
-8%
|
1 142
+22%
|
1 120
-2%
|
1 168
+4%
|
684
-41%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(20)
|
(24)
|
(23)
|
(27)
|
(9)
|
19
|
26
|
31
|
37
|
17
|
20
|
16
|
11
|
7
|
(2)
|
(7)
|
1
|
10
|
6
|
19
|
26
|
25
|
34
|
50
|
46
|
62
|
55
|
37
|
51
|
50
|
92
|
125
|
153
|
159
|
147
|
139
|
128
|
107
|
65
|
14
|
(37)
|
(104)
|
(88)
|
(87)
|
(59)
|
2
|
(4)
|
21
|
(2)
|
1
|
(29)
|
(30)
|
(27)
|
(41)
|
8
|
(1)
|
16
|
22
|
7
|
33
|
(15)
|
(19)
|
(52)
|
(107)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(33)
|
(56)
|
(59)
|
(59)
|
(32)
|
(63)
|
(57)
|
0
|
(54)
|
(19)
|
(24)
|
(22)
|
(23)
|
(9)
|
(12)
|
(7)
|
(17)
|
(82)
|
(74)
|
(90)
|
(78)
|
(61)
|
(60)
|
(51)
|
(50)
|
(14)
|
(15)
|
(13)
|
(2)
|
(15)
|
(22)
|
(57)
|
(70)
|
(32)
|
0
|
(5)
|
(582)
|
|
| Gain/Loss on Disposition of Assets |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(3)
|
(5)
|
(3)
|
(5)
|
(4)
|
(9)
|
(25)
|
(60)
|
(79)
|
(91)
|
(95)
|
(63)
|
(60)
|
(84)
|
(122)
|
(176)
|
(166)
|
(126)
|
(83)
|
(40)
|
(24)
|
(45)
|
(48)
|
(39)
|
(64)
|
(47)
|
(45)
|
(53)
|
(73)
|
(84)
|
(123)
|
(117)
|
(120)
|
(121)
|
(85)
|
(100)
|
(86)
|
(57)
|
(65)
|
(88)
|
(104)
|
(101)
|
(90)
|
(64)
|
(61)
|
(60)
|
(53)
|
(42)
|
(115)
|
(114)
|
(114)
|
(110)
|
(50)
|
(47)
|
(60)
|
(75)
|
|
| Total Other Income |
31
|
32
|
50
|
84
|
74
|
92
|
64
|
33
|
88
|
66
|
108
|
169
|
115
|
124
|
89
|
83
|
61
|
72
|
78
|
68
|
99
|
59
|
40
|
45
|
10
|
21
|
37
|
41
|
61
|
93
|
140
|
106
|
110
|
120
|
89
|
77
|
97
|
112
|
74
|
40
|
(56)
|
(93)
|
(71)
|
(26)
|
44
|
19
|
193
|
221
|
251
|
261
|
123
|
98
|
96
|
108
|
87
|
47
|
67
|
24
|
16
|
53
|
65
|
97
|
111
|
76
|
|
| Pre-Tax Income |
1 054
N/A
|
1 112
+5%
|
1 098
-1%
|
1 168
+6%
|
1 156
-1%
|
1 249
+8%
|
1 255
+1%
|
1 328
+6%
|
1 526
+15%
|
1 598
+5%
|
1 659
+4%
|
1 632
-2%
|
1 427
-13%
|
1 258
-12%
|
1 155
-8%
|
1 029
-11%
|
924
-10%
|
922
0%
|
779
-16%
|
743
-5%
|
913
+23%
|
879
-4%
|
1 097
+25%
|
1 431
+30%
|
1 570
+10%
|
1 813
+15%
|
2 050
+13%
|
2 172
+6%
|
2 396
+10%
|
2 571
+7%
|
2 736
+6%
|
2 911
+6%
|
2 970
+2%
|
3 063
+3%
|
3 096
+1%
|
2 706
-13%
|
2 419
-11%
|
2 126
-12%
|
1 699
-20%
|
1 621
-5%
|
1 485
-8%
|
1 085
-27%
|
1 060
-2%
|
1 244
+17%
|
1 407
+13%
|
1 687
+20%
|
1 925
+14%
|
1 742
-10%
|
1 500
-14%
|
1 488
-1%
|
943
-37%
|
800
-15%
|
725
-9%
|
724
0%
|
1 100
+52%
|
1 159
+5%
|
1 054
-9%
|
988
-6%
|
876
-11%
|
845
-4%
|
1 110
+31%
|
1 152
+4%
|
1 163
+1%
|
(2)
N/A
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(296)
|
(333)
|
(330)
|
(341)
|
(319)
|
(331)
|
(330)
|
(330)
|
(388)
|
(403)
|
(425)
|
(447)
|
(419)
|
(391)
|
(386)
|
(362)
|
(319)
|
(321)
|
(311)
|
(308)
|
(369)
|
(329)
|
(366)
|
(411)
|
(404)
|
(460)
|
(510)
|
(553)
|
(613)
|
(688)
|
(749)
|
(821)
|
(815)
|
(879)
|
(875)
|
(750)
|
(759)
|
(657)
|
(538)
|
(558)
|
(551)
|
(415)
|
(392)
|
(418)
|
(408)
|
(492)
|
(538)
|
(490)
|
(431)
|
(430)
|
(320)
|
(281)
|
(255)
|
(256)
|
(338)
|
(326)
|
(311)
|
(318)
|
(389)
|
(434)
|
(509)
|
(501)
|
(466)
|
(552)
|
|
| Income from Continuing Operations |
758
|
779
|
768
|
826
|
837
|
918
|
925
|
998
|
1 138
|
1 195
|
1 234
|
1 184
|
1 009
|
867
|
769
|
667
|
604
|
601
|
468
|
435
|
544
|
550
|
731
|
1 020
|
1 166
|
1 353
|
1 540
|
1 619
|
1 783
|
1 883
|
1 986
|
2 090
|
2 155
|
2 184
|
2 221
|
1 956
|
1 660
|
1 470
|
1 160
|
1 063
|
934
|
670
|
668
|
825
|
998
|
1 195
|
1 387
|
1 252
|
1 070
|
1 058
|
623
|
519
|
469
|
468
|
762
|
833
|
743
|
670
|
486
|
411
|
601
|
651
|
697
|
(554)
|
|
| Income to Minority Interest |
(17)
|
(14)
|
(16)
|
(14)
|
(10)
|
(12)
|
(10)
|
(10)
|
(17)
|
(22)
|
(27)
|
(32)
|
(29)
|
(26)
|
(23)
|
(19)
|
(30)
|
(29)
|
(27)
|
(28)
|
(16)
|
(16)
|
(20)
|
(20)
|
(27)
|
(34)
|
(33)
|
(31)
|
(42)
|
(33)
|
(34)
|
(28)
|
(17)
|
(24)
|
(18)
|
(2)
|
8
|
15
|
22
|
(1)
|
(2)
|
11
|
6
|
4
|
17
|
6
|
2
|
12
|
24
|
22
|
13
|
14
|
14
|
24
|
44
|
37
|
13
|
(0)
|
(5)
|
(6)
|
(11)
|
(10)
|
(16)
|
(7)
|
|
| Net Income (Common) |
741
N/A
|
764
+3%
|
752
-2%
|
812
+8%
|
827
+2%
|
906
+10%
|
915
+1%
|
988
+8%
|
1 121
+13%
|
1 173
+5%
|
1 207
+3%
|
1 152
-5%
|
980
-15%
|
841
-14%
|
746
-11%
|
649
-13%
|
574
-11%
|
572
0%
|
441
-23%
|
407
-8%
|
528
+29%
|
534
+1%
|
711
+33%
|
1 000
+41%
|
1 139
+14%
|
1 319
+16%
|
1 507
+14%
|
1 588
+5%
|
1 741
+10%
|
1 850
+6%
|
1 953
+6%
|
2 063
+6%
|
2 138
+4%
|
2 160
+1%
|
2 202
+2%
|
1 955
-11%
|
1 668
-15%
|
1 485
-11%
|
1 182
-20%
|
1 062
-10%
|
933
-12%
|
681
-27%
|
674
-1%
|
829
+23%
|
1 015
+22%
|
1 201
+18%
|
1 389
+16%
|
1 263
-9%
|
1 093
-13%
|
1 081
-1%
|
635
-41%
|
533
-16%
|
483
-9%
|
492
+2%
|
806
+64%
|
870
+8%
|
757
-13%
|
670
-11%
|
482
-28%
|
405
-16%
|
590
+46%
|
640
+9%
|
681
+6%
|
(562)
N/A
|
|
| EPS (Diluted) |
7.96
N/A
|
7.75
-3%
|
3.4
-56%
|
5.07
+49%
|
5.1
+1%
|
5.03
-1%
|
5.08
+1%
|
5.49
+8%
|
6.23
+13%
|
6.52
+5%
|
6.63
+2%
|
6.41
-3%
|
5.45
-15%
|
4.68
-14%
|
4.15
-11%
|
3.61
-13%
|
3.19
-12%
|
3.19
N/A
|
2.46
-23%
|
2.27
-8%
|
2.93
+29%
|
2.97
+1%
|
3.95
+33%
|
5.56
+41%
|
6.33
+14%
|
7.33
+16%
|
8.37
+14%
|
8.82
+5%
|
9.68
+10%
|
10.28
+6%
|
10.73
+4%
|
11.47
+7%
|
11.88
+4%
|
12.01
+1%
|
12.24
+2%
|
10.87
-11%
|
9.26
-15%
|
8.25
-11%
|
6.56
-20%
|
5.9
-10%
|
5.18
-12%
|
3.78
-27%
|
3.74
-1%
|
4.61
+23%
|
5.64
+22%
|
6.67
+18%
|
7.72
+16%
|
7.02
-9%
|
6.07
-14%
|
6
-1%
|
3.53
-41%
|
2.96
-16%
|
2.68
-9%
|
2.73
+2%
|
4.48
+64%
|
4.83
+8%
|
4.2
-13%
|
3.72
-11%
|
2.68
-28%
|
2.25
-16%
|
3.28
+46%
|
3.55
+8%
|
3.78
+6%
|
-3.12
N/A
|
|