AP Memory Technology 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	5,666	4,192	4,227	5,095	6,617
Revenue Growth (YoY)	35.16%	-0.82%	-17.03%	-23.01%	86.43%
Cost of Revenue	3,033	2,047	2,472	2,873	3,592
Gross Profit	2,634	2,146	1,755	2,221	3,026
Selling, General & Admin	356.09	301.27	289.67	259.45	296.95
Research & Development	879.12	780.59	583.63	462.07	359.1
Operating Expenses	1,234	1,082	902.23	720.87	655.45
Operating Income	1,399	1,063	852.78	1,501	2,370
Interest Expense	-2.51	-2.06	-1.74	-1.57	-1.95
Interest & Investment Income	348.53	408.71	367.26	106.84	4.96
Earnings From Equity Investments	12.72	0.77	-0.54	5.96	12.62
Currency Exchange Gain (Loss)	-	512.74	9.1	700.98	-15.38
Other Non Operating Income (Expenses)	-239.48	3.85	3.99	9.01	23.8
EBT Excluding Unusual Items	1,518	1,987	1,231	2,322	2,394
Gain (Loss) on Sale of Investments	-	66.8	388.14	127.46	120.07
Gain (Loss) on Sale of Assets	-	-21.03	-	0.05	-
Other Unusual Items	-	-	-	0.03	-
Pretax Income	1,518	2,033	1,619	2,449	2,514
Income Tax Expense	278.56	454.64	174.01	507.59	488.81
Earnings From Continuing Operations	1,240	1,578	1,445	1,942	2,025
Net Income to Company	1,240	1,578	1,445	1,942	2,025
Minority Interest in Earnings	17.77	-	-	-	-
Net Income	1,258	1,578	1,445	1,942	2,025
Net Income to Common	1,258	1,578	1,445	1,942	2,025
Net Income Growth	-20.31%	9.22%	-25.58%	-4.13%	149.53%
Shares Outstanding (Basic)	162	162	162	161	148
Shares Outstanding (Diluted)	164	163	163	162	151
Shares Change (YoY)	0.07%	0.11%	0.59%	7.79%	0.57%
EPS (Basic)	7.74	9.73	8.93	12.09	13.67
EPS (Diluted)	7.69	9.66	8.85	11.96	13.45
EPS Growth	-20.39%	9.15%	-26.00%	-11.08%	148.16%
Free Cash Flow	2,846	1,479	2,033	1,549	2,324
Free Cash Flow Per Share	17.40	9.05	12.45	9.54	15.43
Dividend Per Share	-	6.994	7.000	6.997	6.000
Dividend Growth	-	-0.09%	0.05%	16.61%	140.03%
Gross Margin	46.48%	51.18%	41.52%	43.60%	45.72%
Operating Margin	24.69%	25.36%	20.18%	29.45%	35.82%
Profit Margin	22.20%	37.65%	34.19%	38.11%	30.61%
Free Cash Flow Margin	50.22%	35.28%	48.09%	30.40%	35.12%
EBITDA	1,493	1,119	883.34	1,526	2,387
EBITDA Margin	26.36%	26.69%	20.90%	29.96%	36.07%
D&A For EBITDA	94.3	55.91	30.56	25.72	16.81
EBIT	1,399	1,063	852.78	1,501	2,370
EBIT Margin	24.69%	25.36%	20.18%	29.45%	35.82%
Effective Tax Rate	18.34%	22.36%	10.75%	20.72%	19.44%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.