Federal 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	265.85	267.38	478.4	1,616	1,561
Revenue Growth (YoY)	-0.57%	-44.11%	-70.39%	3.48%	-72.63%
Cost of Revenue	211.61	249.93	775.14	1,647	2,296
Gross Profit	54.25	17.45	-296.74	-31.07	-734.83
Selling, General & Admin	267.46	222.91	728.27	618.94	982.14
Research & Development	8.06	24.12	49.56	79.08	126.82
Operating Expenses	283.14	243.63	780.14	697.76	1,113
Operating Income	-228.89	-226.18	-1,077	-728.83	-1,848
Interest Expense	-93.24	-94.46	-99.02	-77.77	-63.64
Interest & Investment Income	14.53	26.26	39.83	10.27	12.16
Currency Exchange Gain (Loss)	-22.4	43.71	-27.43	62.12	-31.65
Other Non Operating Income (Expenses)	-102	-111.81	-27.62	16.71	-48.83
EBT Excluding Unusual Items	-431.99	-362.48	-1,191	-717.5	-1,980
Gain (Loss) on Sale of Investments	-	-	-	-	0.1
Gain (Loss) on Sale of Assets	4,312	26.54	-8.71	-8.89	8.79
Asset Writedown	-955.56	-107.28	-529.03	-628.21	-329.64
Other Unusual Items	0.01	-0.01	0.26	0.05	-0.08
Pretax Income	2,924	-443.23	-1,729	-1,355	-2,301
Income Tax Expense	39.56	21.92	0.7	1.66	49.02
Earnings From Continuing Operations	2,885	-465.15	-1,729	-1,356	-2,350
Net Income	2,885	-465.15	-1,729	-1,356	-2,350
Net Income to Common	2,885	-465.15	-1,729	-1,356	-2,350
Shares Outstanding (Basic)	460	460	460	460	460
Shares Outstanding (Diluted)	460	460	460	460	460
Shares Change (YoY)	-	-	-	-	-0.01%
EPS (Basic)	6.28	-1.01	-3.76	-2.95	-5.11
EPS (Diluted)	6.28	-1.01	-3.76	-2.95	-5.11
Free Cash Flow	-266.53	-233.94	-580.31	-88.83	-1,131
Free Cash Flow Per Share	-0.58	-0.51	-1.26	-0.19	-2.46
Gross Margin	20.40%	6.53%	-62.03%	-1.92%	-47.07%
Operating Margin	-86.10%	-84.59%	-225.10%	-45.11%	-118.38%
Profit Margin	1085.05%	-173.97%	-361.47%	-83.94%	-150.52%
Free Cash Flow Margin	-100.26%	-87.50%	-121.30%	-5.50%	-72.45%
EBITDA	-147.71	-11.96	-725.22	-310.73	-1,340
EBITDA Margin	-55.56%	-4.47%	-151.59%	-19.23%	-85.82%
D&A For EBITDA	81.18	214.22	351.66	418.1	508.29
EBIT	-228.89	-226.18	-1,077	-728.83	-1,848
EBIT Margin	-86.10%	-84.59%	-225.10%	-45.11%	-118.38%
Effective Tax Rate	1.35%	-	-	-	-

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