BCBA:TSM Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,809,054	2,894,308	2,161,736	2,263,891	1,587,415
Revenue Growth (YoY)	31.61%	33.89%	-4.51%	42.61%	18.53%
Cost of Revenue	1,527,760	1,269,954	986,625	915,537	767,878
Gross Profit	2,281,294	1,624,354	1,175,111	1,348,355	819,537
Selling, General & Admin	99,222	96,888	71,464	63,445	44,488
Research & Development	246,427	204,182	182,370	163,262	124,735
Other Operating Expenses	-1,229	79.71	-188.7	-422.3	59
Operating Expenses	344,420	301,150	253,645	226,285	169,282
Operating Income	1,936,874	1,323,204	921,466	1,122,070	650,255
Interest Expense	-12,370	-10,495	-11,999	-11,750	-5,414
Interest & Investment Income	105,739	87,213	60,294	22,422	5,709
Earnings From Equity Investments	5,497	4,879	4,800	7,680	5,513
Currency Exchange Gain (Loss)	13,831	10,001	-2,685	4,506	13,663
Other Non Operating Income (Expenses)	-6,761	-7,087	7,936	398	-6,511
EBT Excluding Unusual Items	2,042,809	1,407,715	979,810	1,145,325	663,215
Gain (Loss) on Sale of Investments	-196.25	-725.9	-493.9	-462.5	95.9
Gain (Loss) on Sale of Assets	-167.99	-	-	-	-
Asset Writedown	-782.01	-1,150	-	-790.7	-274.4
Pretax Income	2,041,663	1,405,839	979,317	1,144,072	663,036
Income Tax Expense	326,266	233,407	128,289	150,778	70,155
Earnings From Continuing Operations	1,715,397	1,172,432	851,028	993,295	592,881
Minority Interest in Earnings	2,486	835.94	712.3	-371.3	-521.4
Net Income	1,717,883	1,173,268	851,740	992,923	592,359
Net Income to Common	1,717,883	1,173,268	851,740	992,923	592,359
Net Income Growth	46.42%	37.75%	-14.22%	67.62%	15.98%
Shares Outstanding (Basic)	25,928	25,928	25,929	25,929	25,930
Shares Outstanding (Diluted)	25,931	25,930	25,929	25,929	25,930
Shares Change (YoY)	0.00%	0.00%	-	-0.00%	-
EPS (Basic)	66.26	45.25	32.85	38.29	22.84
EPS (Diluted)	66.25	45.25	32.85	38.29	22.84
EPS Growth	46.41%	37.75%	-14.21%	67.64%	15.96%
Free Cash Flow	1,002,565	870,171	292,151	527,927	272,965
Free Cash Flow Per Share	38.66	33.56	11.27	20.36	10.53
Dividend Per Share	22.000	17.000	13.000	11.000	11.000
Dividend Growth	29.41%	30.77%	18.18%	-	10.00%
Gross Margin	59.89%	56.12%	54.36%	59.56%	51.63%
Operating Margin	50.85%	45.72%	42.63%	49.56%	40.96%
Profit Margin	45.10%	40.54%	39.40%	43.86%	37.32%
Free Cash Flow Margin	26.32%	30.06%	13.51%	23.32%	17.20%
EBITDA	2,614,264	1,976,850	1,444,889	1,551,476	1,065,770
EBITDA Margin	68.63%	68.30%	66.84%	68.53%	67.14%
D&A For EBITDA	677,390	653,647	523,424	429,407	415,515
EBIT	1,936,874	1,323,204	921,466	1,122,070	650,255
EBIT Margin	50.85%	45.72%	42.63%	49.56%	40.96%
Effective Tax Rate	15.98%	16.60%	13.10%	13.18%	10.58%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.