TURVO International 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	3,275	3,659	3,337	3,350	3,233
Revenue Growth (YoY)	-10.49%	9.63%	-0.38%	3.64%	27.36%
Cost of Revenue	2,260	2,298	2,246	2,247	2,083
Gross Profit	1,015	1,360	1,091	1,104	1,149
Selling, General & Admin	349.58	411.9	334.16	371.83	309.96
Research & Development	249.25	257.98	224.71	185.24	191.2
Operating Expenses	601.08	671.76	559.39	558.83	500.11
Operating Income	413.94	688.47	531.81	544.81	649.2
Interest Expense	-24.16	-10.44	-2.9	-7.42	-9.47
Interest & Investment Income	37.58	27.68	17.29	12.98	12.47
Currency Exchange Gain (Loss)	13.48	30.54	14.4	185.5	-31.96
Other Non Operating Income (Expenses)	41.41	44.61	8.89	34.96	28.53
EBT Excluding Unusual Items	482.25	780.87	569.49	770.83	648.76
Gain (Loss) on Sale of Assets	11.41	5.88	1.75	3.98	2.96
Pretax Income	493.66	786.74	571.24	774.81	651.72
Income Tax Expense	93.72	128.85	41.31	161.26	121.74
Earnings From Continuing Operations	399.94	657.9	529.93	613.55	529.98
Minority Interest in Earnings	3.82	3.13	4.03	8.79	12.78
Net Income	403.76	661.03	533.96	622.35	542.76
Net Income to Common	403.76	661.03	533.96	622.35	542.76
Net Income Growth	-38.92%	23.80%	-14.20%	14.66%	44.69%
Shares Outstanding (Basic)	60	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	61	60
Shares Change (YoY)	-0.04%	-0.13%	-0.12%	0.15%	0.17%
EPS (Basic)	6.70	10.96	8.86	10.32	9.01
EPS (Diluted)	6.69	10.94	8.83	10.28	8.98
EPS Growth	-38.85%	23.90%	-14.11%	14.48%	44.60%
Free Cash Flow	419.78	463.32	846.4	534.32	613.49
Free Cash Flow Per Share	6.95	7.67	13.99	8.82	10.14
Dividend Per Share	4.000	7.000	5.300	6.000	5.400
Dividend Growth	-42.86%	32.07%	-11.67%	11.11%	44.22%
Gross Margin	30.99%	37.18%	32.70%	32.94%	35.55%
Operating Margin	12.64%	18.82%	15.93%	16.26%	20.08%
Profit Margin	12.33%	18.07%	16.00%	18.58%	16.79%
Free Cash Flow Margin	12.82%	12.66%	25.36%	15.95%	18.98%
EBITDA	692.74	947.33	793.8	812.44	891.23
EBITDA Margin	21.15%	25.89%	23.78%	24.25%	27.57%
D&A For EBITDA	278.8	258.86	261.99	267.63	242.03
EBIT	413.94	688.47	531.81	544.81	649.2
EBIT Margin	12.64%	18.82%	15.93%	16.26%	20.08%
Effective Tax Rate	18.98%	16.38%	7.23%	20.81%	18.68%

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