Asia Pacific Wire & Cable Corporation Limited income statement APWC

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, Asia Pacific Wire & Cable Corporation Limited reported revenue of $472.7 million, up 11.0% from the year before. Net income was $6.6 million, a profit margin of 1.4%. Operating income came to $10.0 million, an operating margin of 2.1%. Diluted earnings per share were $0.17. Across the 10 fiscal years shown, revenue grew from $471.9 million in fiscal 2011 to $472.7 million in fiscal 2024, about 0.0% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2012 Dec 31, 2012	FY 2011 Dec 31, 2011
Revenue	473 +11.0%	426 -1.9%	434 -9.0%	477 +52.0%	314 -7.3%	338 -20.6%	426 +0.2%	425	462 -2.1%	472
Cost of revenue	438 +10.6%	396 -1.4%	401 -11.9%	456 +62.9%	280 -10.7%	313 -19.6%	390 +1.1%	386	410 -4.1%	428
Gross profit	35 +16.1%	30 -7.1%	33 +53.8%	21 -37.6%	34 +36.7%	25 -31.6%	36 -8.7%	40	52 +18.0%	44
Selling, general and administrative	—	—	25 -5.7%	26 -1.9%	27 +7.8%	25 -7.0%	27 -1.2%	27	33 +6.6%	31
Operating income	10 +546.5%	2 -80.8%	8 +262.2%	-5 -165.8%	8 +1264.4%	-1 -107.5%	9 -47.7%	17	—	—
Pretax income	9 +1920.9%	0 -93.9%	8 +176.7%	-10 -227.6%	8 +598.5%	1 -90.2%	11 -39.3%	19	27 +4191.4%	1
Income tax	3 +1634.0%	0 -94.2%	3 +308.8%	-1 -133.5%	4 +95.2%	2 -47.1%	4 -24.4%	5	—	—
Net income	7 +2074.8%	0 -93.7%	5 +155.9%	-9 -329.5%	4 +490.0%	-1 -112.8%	7 -45.0%	14	19 +713.2%	-3
Basic EPS	0.17 -10.5%	0.19 +0.0%	0.19	—	—	—	—	—	—	—
Diluted EPS	0.17 -10.5%	0.19 +0.0%	0.19	—	—	—	—	—	—	—
Weighted average shares, basic	21 +0.0%	21 +3.0%	20 +44.9%	14 +0.0%	14 +0.0%	14 +0.0%	14 +0.0%	14	—	—
Weighted average shares, diluted	21 +0.0%	21 +3.0%	20	—	—	—	—	—	—	—
Other measures
Depreciation and amortization	6 -2.0%	6 +6.4%	6 +6.2%	5 +1.7%	5 +1.5%	5 +6.1%	5 -0.8%	5	-5 -177.0%	6
EBITDA	16 +107.4%	8 -44.2%	14 +2568.3%	1 -96.0%	13 +177.2%	5 -65.9%	14 -36.8%	22	—	—
Interest coverage	4.62x	0.65x	5.42x	-4.53x	12.29x	-0.77x	7.24x	17.20x	—	—
Margins
Gross margin	7.42%	7.10%	7.50%	4.44%	10.80%	7.33%	8.51%	9.33%	11.21%	9.30%
Operating margin	2.12%	0.36%	1.86%	-1.04%	2.41%	-0.19%	2.04%	3.91%	—	—
Pretax margin	1.98%	0.11%	1.74%	-2.07%	2.46%	0.33%	2.66%	4.39%	5.90%	0.13%
Profit margin	1.39%	0.07%	1.10%	-1.79%	1.18%	-0.28%	1.75%	3.18%	4.09%	-0.65%
EBITDA margin	3.40%	1.82%	3.20%	0.11%	4.13%	1.38%	3.22%	5.10%	—	—
Effective tax rate	29.96%	34.91%	37.12%	—	51.99%	185.99%	34.29%	27.53%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Drawing & Insulating of Nonferrous Wire (SIC 3357)
Listed as: APWC (Nasdaq)
Fiscal year ends: December 31
Incorporated in: Bermuda
Headquarters: Taipei City, 106
SEC filer status: Non-accelerated filer
SEC CIK: 1026980

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.