Good Will Instrument 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	2,943	2,789	3,025	2,886	2,609
Revenue Growth (YoY)	5.54%	-7.80%	4.82%	10.59%	13.14%
Cost of Revenue	1,385	1,349	1,467	1,440	1,281
Gross Profit	1,558	1,440	1,558	1,446	1,328
Selling, General & Admin	754.08	758.72	766.81	753.71	730.07
Research & Development	274.15	261.87	244.35	240.71	221.54
Operating Expenses	1,022	1,028	1,014	996.63	948.41
Operating Income	535.99	412.05	543.49	448.93	380
Interest Expense	-1.88	-3.04	-5.38	-3.78	-3.72
Interest & Investment Income	-	9.35	6.56	4.4	5.58
Earnings From Equity Investments	0.42	-0.63	-0.28	-	-0.94
Currency Exchange Gain (Loss)	-	16.19	-19.57	18.19	-29.53
Other Non Operating Income (Expenses)	-4.94	41.86	46.92	45.31	50.23
EBT Excluding Unusual Items	529.59	475.79	571.74	513.05	401.63
Gain (Loss) on Sale of Investments	-	0.3	1.5	0.28	3.24
Gain (Loss) on Sale of Assets	-	-0.02	1.13	16.93	-0.02
Asset Writedown	-	-30	-19.44	-	-
Other Unusual Items	-	-	0.23	0.01	-
Pretax Income	529.59	446.08	555.15	530.27	404.85
Income Tax Expense	105.5	94.94	126.88	126.55	115.31
Earnings From Continuing Operations	424.09	351.13	428.27	403.72	289.54
Net Income	424.09	351.13	428.27	403.72	289.54
Net Income to Common	424.09	351.13	428.27	403.72	289.54
Net Income Growth	20.78%	-18.01%	6.08%	39.44%	45.45%
Shares Outstanding (Basic)	145	145	145	145	145
Shares Outstanding (Diluted)	146	146	146	147	146
Shares Change (YoY)	-0.19%	-0.14%	-0.29%	0.30%	0.24%
EPS (Basic)	2.92	2.42	2.95	2.78	2.00
EPS (Diluted)	2.91	2.40	2.93	2.75	1.98
EPS Growth	21.25%	-18.09%	6.54%	38.89%	45.59%
Free Cash Flow	372.66	436.99	492.65	114.25	402.34
Free Cash Flow Per Share	2.56	2.99	3.37	0.78	2.75
Dividend Per Share	-	2.000	2.200	2.000	1.500
Dividend Growth	-	-9.09%	10.00%	33.33%	25.00%
Gross Margin	52.93%	51.63%	51.49%	50.10%	50.91%
Operating Margin	18.21%	14.77%	17.97%	15.56%	14.56%
Profit Margin	14.41%	12.59%	14.16%	13.99%	11.10%
Free Cash Flow Margin	12.66%	15.67%	16.29%	3.96%	15.42%
EBITDA	629.63	474.71	606.4	514.89	443.86
EBITDA Margin	21.39%	17.02%	20.05%	17.84%	17.01%
D&A For EBITDA	93.64	62.66	62.91	65.95	63.86
EBIT	535.99	412.05	543.49	448.93	380
EBIT Margin	18.21%	14.77%	17.97%	15.56%	14.56%
Effective Tax Rate	19.92%	21.28%	22.86%	23.86%	28.48%

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