GCS Holdings 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	2,195	1,750	1,351	1,334	1,236
Revenue Growth (YoY)	25.43%	29.58%	1.26%	7.92%	-16.60%
Cost of Revenue	1,161	1,087	1,113	1,019	890.82
Gross Profit	1,035	663.01	237.26	314.93	345.06
Selling, General & Admin	359.19	246.3	225.42	250.24	214.41
Research & Development	275.32	230.14	246.04	175.01	160.58
Operating Expenses	630.7	470.23	464.29	452.26	375.87
Operating Income	403.85	192.77	-227.03	-137.33	-30.81
Interest Expense	-11.46	-11.41	-17.57	-12.09	-4.63
Interest & Investment Income	21.14	13.61	3.18	3.59	5.53
Earnings From Equity Investments	-372.03	-767.44	-757.36	-733.7	-461.14
Currency Exchange Gain (Loss)	-	-3.6	-3.48	-29.12	1.85
Other Non Operating Income (Expenses)	-28.13	-1.89	-12.64	-9.13	-1.98
EBT Excluding Unusual Items	13.38	-577.95	-1,015	-917.78	-491.18
Impairment of Goodwill	-	-	-48.22	-41.82	-42.07
Gain (Loss) on Sale of Investments	-	218.22	256.89	-4.17	29.53
Gain (Loss) on Sale of Assets	-	0.04	-0.11	6.66	29.95
Asset Writedown	-	-	-	-	-1.07
Other Unusual Items	-	124.34	-	5.41	87.63
Pretax Income	13.38	-235.35	-806.33	-951.7	-387.21
Income Tax Expense	-4.09	1.64	-14.09	-11.98	-8.71
Earnings From Continuing Operations	17.47	-236.99	-792.24	-939.72	-378.5
Net Income	17.47	-236.99	-792.24	-939.72	-378.5
Net Income to Common	17.47	-236.99	-792.24	-939.72	-378.5
Shares Outstanding (Basic)	116	111	110	110	90
Shares Outstanding (Diluted)	116	111	110	110	90
Shares Change (YoY)	4.88%	0.61%	0.20%	22.36%	1.03%
EPS (Basic)	0.15	-2.13	-7.18	-8.53	-4.20
EPS (Diluted)	0.15	-2.13	-7.18	-8.53	-4.20
Free Cash Flow	336.71	-19.02	-165.13	-299.51	82.61
Free Cash Flow Per Share	2.89	-0.17	-1.50	-2.72	0.92
Gross Margin	47.13%	37.89%	17.57%	23.61%	27.92%
Operating Margin	18.40%	11.02%	-16.81%	-10.30%	-2.49%
Profit Margin	0.80%	-13.54%	-58.66%	-70.45%	-30.63%
Free Cash Flow Margin	15.34%	-1.09%	-12.23%	-22.45%	6.68%
EBITDA	534.76	324.46	-100.8	-20.43	75.83
EBITDA Margin	24.36%	18.54%	-7.46%	-1.53%	6.13%
D&A For EBITDA	130.91	131.68	126.23	116.9	106.64
EBIT	403.85	192.77	-227.03	-137.33	-30.81
EBIT Margin	18.40%	11.02%	-16.81%	-10.30%	-2.49%

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