Below are the financial statements of Techtronic Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenue | 14,621.62a | 13,731.41a |
| Cost of sales | -8,726.06a | -8,311.78a |
| Gross profit | 5,895.56a | 5,419.64a |
| Other income | 16.42a | 16.82a |
| Interest income | 72.3a | 44.96a |
| Selling, distribution and advertising expenses | -2,503.7a | -2,347.22a |
| Administrative expenses | -1,489.88a | -1,406.21a |
| Research and development costs | -648.1a | -548.34a |
| Finance costs | -126.17a | -124.06a |
| Profit before share of result of an associate and taxation | 1,216.43a | 1,055.59a |
| Share of result of an associate | -0.03a | 0.03a |
| Profit before taxation | 1,216.39a | 1,055.62a |
| Taxation charge | -94.71a | -79.28a |
| Profit for the year attributable to owners of the company | 1,121.68a | 976.34a |
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