Makalot Industrial 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	34,428	35,524	32,459	32,083	28,931
Revenue Growth (YoY)	-3.08%	9.44%	1.17%	10.90%	16.07%
Cost of Revenue	25,864	26,532	24,092	23,827	22,396
Gross Profit	8,564	8,991	8,366	8,256	6,535
Selling, General & Admin	3,882	3,700	3,520	3,824	3,177
Operating Expenses	3,883	3,691	3,527	3,824	3,154
Operating Income	4,681	5,300	4,840	4,432	3,381
Interest Expense	-325.29	-281.33	-211.46	-126.59	-35.68
Interest & Investment Income	82.87	111.96	97.44	52.2	23.29
Earnings From Equity Investments	54.49	40.8	87.3	30.9	38.73
Currency Exchange Gain (Loss)	-	114.06	41.48	171.25	-3.59
Other Non Operating Income (Expenses)	99.3	-97.98	138.69	29.99	-24.39
EBT Excluding Unusual Items	4,592	5,187	4,993	4,590	3,379
Gain (Loss) on Sale of Investments	-	55.75	35.74	2.07	19.91
Gain (Loss) on Sale of Assets	-	-0.35	-1.39	-2.8	-1.06
Pretax Income	4,592	5,243	5,027	4,589	3,398
Income Tax Expense	922.47	1,071	992.47	1,049	720.02
Earnings From Continuing Operations	3,669	4,172	4,035	3,540	2,678
Minority Interest in Earnings	-55.3	-56.89	-43.82	-25.4	-23.3
Net Income	3,614	4,115	3,991	3,515	2,655
Net Income to Common	3,614	4,115	3,991	3,515	2,655
Net Income Growth	-12.17%	3.10%	13.56%	32.38%	29.11%
Shares Outstanding (Basic)	247	247	247	247	242
Shares Outstanding (Diluted)	248	248	248	248	243
Shares Change (YoY)	-0.02%	0.02%	-0.12%	2.13%	7.71%
EPS (Basic)	14.65	16.68	16.18	14.25	10.98
EPS (Diluted)	14.59	16.61	16.11	14.17	10.93
EPS Growth	-12.16%	3.10%	13.72%	29.60%	19.89%
Free Cash Flow	3,349	3,932	5,309	3,317	2,614
Free Cash Flow Per Share	13.52	15.87	21.43	13.37	10.77
Dividend Per Share	-	17.100	16.078	14.216	9.314
Dividend Growth	-	6.35%	13.10%	52.63%	18.75%
Gross Margin	24.88%	25.31%	25.77%	25.73%	22.59%
Operating Margin	13.59%	14.92%	14.91%	13.81%	11.69%
Profit Margin	10.50%	11.58%	12.30%	10.96%	9.18%
Free Cash Flow Margin	9.73%	11.07%	16.36%	10.34%	9.04%
EBITDA	5,288	5,723	5,247	4,858	3,805
EBITDA Margin	15.36%	16.11%	16.17%	15.14%	13.15%
D&A For EBITDA	607.97	423.79	407.77	426.54	423.41
EBIT	4,681	5,300	4,840	4,432	3,381
EBIT Margin	13.59%	14.92%	14.91%	13.81%	11.69%
Effective Tax Rate	20.09%	20.42%	19.74%	22.86%	21.19%

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