AGV Products 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	5,035	5,116	4,900	4,801	4,711
Revenue Growth (YoY)	-1.57%	4.40%	2.07%	1.91%	2.09%
Cost of Revenue	3,643	3,663	3,486	3,364	3,251
Gross Profit	1,392	1,453	1,414	1,437	1,459
Selling, General & Admin	1,258	1,255	1,240	1,221	1,243
Research & Development	58	58.33	48.17	48.55	52.28
Operating Expenses	1,318	1,313	1,290	1,270	1,296
Operating Income	73.92	139.25	123.55	166.62	163.52
Interest Expense	-141.23	-128.62	-125.05	-111.81	-104.05
Interest & Investment Income	6.03	25.53	21.25	21.61	33.09
Earnings From Equity Investments	131.83	219.77	187.99	108.16	165.16
Currency Exchange Gain (Loss)	-	-5.32	-3.66	-54.45	13.61
Other Non Operating Income (Expenses)	160.49	28.67	17.45	15.94	7.12
EBT Excluding Unusual Items	231.03	279.28	221.52	146.06	278.44
Gain (Loss) on Sale of Investments	-	61.66	5.74	172.69	10.12
Gain (Loss) on Sale of Assets	-	-0.68	-0.16	-4.27	-0.33
Asset Writedown	-	22.01	33.64	-11.25	-2.99
Other Unusual Items	-	-	0.01	0.03	-
Pretax Income	231.03	362.27	260.74	303.26	285.24
Income Tax Expense	11.59	59	43.14	15.47	68.08
Earnings From Continuing Operations	219.44	303.27	217.6	287.79	217.17
Net Income to Company	219.44	303.27	217.6	287.79	217.17
Minority Interest in Earnings	-10.77	-16.33	-16.66	-9.9	-15.99
Net Income	208.67	286.94	200.94	277.89	201.18
Net Income to Common	208.67	286.94	200.94	277.89	201.18
Net Income Growth	-27.28%	42.80%	-27.69%	38.13%	-13.62%
Shares Outstanding (Basic)	497	495	495	495	495
Shares Outstanding (Diluted)	497	495	495	495	495
Shares Change (YoY)	0.27%	0.13%	-0.01%	0.01%	0.00%
EPS (Basic)	0.42	0.58	0.41	0.56	0.41
EPS (Diluted)	0.42	0.58	0.41	0.56	0.41
EPS Growth	-27.59%	42.74%	-27.44%	37.65%	-13.44%
Free Cash Flow	65.57	512.36	308.76	66.3	-4.32
Free Cash Flow Per Share	0.13	1.03	0.62	0.13	-0.01
Dividend Per Share	-	0.370	0.230	0.400	0.300
Dividend Growth	-	60.87%	-42.50%	33.33%	-
Gross Margin	27.65%	28.39%	28.85%	29.93%	30.98%
Operating Margin	1.47%	2.72%	2.52%	3.47%	3.47%
Profit Margin	4.14%	5.61%	4.10%	5.79%	4.27%
Free Cash Flow Margin	1.30%	10.02%	6.30%	1.38%	-0.09%
EBITDA	215.46	252.08	230.92	275.78	278.75
EBITDA Margin	4.28%	4.93%	4.71%	5.75%	5.92%
D&A For EBITDA	141.54	112.83	107.38	109.16	115.24
EBIT	73.92	139.25	123.55	166.62	163.52
EBIT Margin	1.47%	2.72%	2.52%	3.47%	3.47%
Effective Tax Rate	5.02%	16.29%	16.55%	5.10%	23.87%
Revenue as Reported	5,035	-	-	-	-

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