Advantech Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Revenue	82,207	70,882	59,786	64,568	68,745	58,622
Revenue	82,207	70,882	59,786	64,568	68,745	58,622
Revenue Growth	23.71%	18.56%	-7.41%	-6.08%	17.27%	14.68%
Cost of Revenue	50,345	42,685	35,410	38,406	42,632	36,490
Gross Profit	31,862	28,198	24,376	26,162	26,113	22,132
Selling, General & Admin	11,293	10,835	9,866	9,172	8,762	8,057
Research & Development	6,170	5,816	5,416	4,830	4,768	4,270
Operating Expenses	17,487	16,631	15,326	14,034	13,581	12,331
Operating Income	14,375	11,567	9,050	12,128	12,532	9,800
Interest Expense	-86.97	-87.56	-91.36	-44.43	-26.22	-14.75
Interest & Investment Income	544.15	580.77	790.13	499.7	293.45	212.94
Earnings From Equity Investments	523.18	362.17	399.26	388.51	447.4	263.94
Currency Exchange Gain (Loss)	540.13	-75.76	215.42	-10.83	190.11	-28.97
Other Non Operating Income (Expenses)	630.89	101.66	151.91	161.59	155.51	175.86
EBT Excluding Unusual Items	16,527	12,448	10,515	13,123	13,592	10,409
Impairment of Goodwill	-	-	-	-	-	-292.57
Gain (Loss) on Sale of Investments	92.47	243.11	55.37	149.95	-148.59	80.3
Gain (Loss) on Sale of Assets	-3.94	-1.76	404.04	-6.05	-0.99	58.18
Pretax Income	16,615	12,690	10,975	13,267	13,443	10,255
Income Tax Expense	2,954	2,189	2,086	2,477	2,700	1,948
Earnings From Continuing Operations	13,661	10,501	8,888	10,789	10,743	8,307
Minority Interest in Earnings	60.7	91.99	116.82	48.2	14.52	-57.14
Net Income	13,722	10,593	9,005	10,838	10,757	8,250
Net Income to Common	13,722	10,593	9,005	10,838	10,757	8,250
Net Income Growth	42.61%	17.63%	-16.91%	0.75%	30.39%	13.83%
Shares Outstanding (Basic)	866	864	861	857	854	850
Shares Outstanding (Diluted)	874	873	868	865	863	863
Shares Change	0.50%	0.54%	0.28%	0.22%	0.06%	0.40%
EPS (Basic)	15.84	12.25	10.45	12.65	12.60	9.70
EPS (Diluted)	15.71	12.14	10.38	12.52	12.46	9.56
EPS Growth	41.88%	16.96%	-17.09%	0.48%	30.39%	13.38%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	6,829	7,066	9,005	8,429	8,452	9,638
Free Cash Flow Per Share	7.82	8.10	10.38	9.74	9.79	11.17
Dividend Per Share	9.200	9.200	8.400	9.500	9.092	7.274
Dividend Growth	9.52%	9.52%	-11.58%	4.49%	25.00%	12.68%
Gross Margin	38.76%	39.78%	40.77%	40.52%	37.99%	37.75%
Operating Margin	17.49%	16.32%	15.14%	18.78%	18.23%	16.72%
Profit Margin	16.69%	14.94%	15.06%	16.79%	15.65%	14.07%
Free Cash Flow Margin	8.31%	9.97%	15.06%	13.05%	12.29%	16.44%
EBITDA	15,273	12,446	9,895	12,943	13,343	10,652
EBITDA Margin	18.58%	17.56%	16.55%	20.05%	19.41%	18.17%
D&A For EBITDA	898.08	879.41	844.83	814.86	811.19	851.34
EBIT	14,375	11,567	9,050	12,128	12,532	9,800
EBIT Margin	17.49%	16.32%	15.14%	18.78%	18.23%	16.72%
Effective Tax Rate	17.78%	17.25%	19.01%	18.67%	20.09%	19.00%