Mercuries Data Systems 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	6,528	4,873	3,971	3,789	3,491
Revenue Growth (YoY)	33.95%	22.72%	4.81%	8.54%	15.51%
Cost of Revenue	4,964	3,431	2,571	2,541	2,421
Gross Profit	1,563	1,442	1,400	1,247	1,069
Selling, General & Admin	957.77	916.09	859.05	792.06	735.47
Research & Development	249.8	233.11	233.89	213.08	182.23
Operating Expenses	1,208	1,149	1,093	1,005	917.7
Operating Income	355.74	293.28	306.88	242.33	151.7
Interest Expense	-43.44	-46.22	-40.07	-20.66	-12.27
Interest & Investment Income	23.15	16.67	14.88	9.59	10.71
Earnings From Equity Investments	23.5	23.95	-13.42	-21.08	6.96
Currency Exchange Gain (Loss)	-0.09	45.06	55.2	28.46	-5.35
Other Non Operating Income (Expenses)	15	20.62	-8.75	9.47	30.36
EBT Excluding Unusual Items	373.85	353.35	314.72	248.09	182.11
Gain (Loss) on Sale of Investments	-	-	-	-	0.11
Gain (Loss) on Sale of Assets	1.67	0.03	-	-0.21	0.71
Pretax Income	375.52	353.37	314.72	247.88	182.92
Income Tax Expense	72.92	69.74	62.92	55.87	33.66
Earnings From Continuing Operations	302.6	283.64	251.8	192.01	149.26
Minority Interest in Earnings	-	-1.66	0.03	0.04	-0.03
Net Income	302.6	281.98	251.83	192.05	149.23
Net Income to Common	302.6	281.98	251.83	192.05	149.23
Net Income Growth	7.31%	11.97%	31.13%	28.69%	29.15%
Shares Outstanding (Basic)	197	197	185	184	184
Shares Outstanding (Diluted)	216	216	186	184	184
Shares Change (YoY)	0.20%	15.94%	1.07%	-	-
EPS (Basic)	1.53	1.43	1.36	1.04	0.81
EPS (Diluted)	1.44	1.34	1.35	1.04	0.81
EPS Growth	6.86%	-0.44%	29.81%	28.45%	29.15%
Free Cash Flow	1,613	-224.57	-390.48	-569.81	-10.11
Free Cash Flow Per Share	7.45	-1.04	-2.10	-3.09	-0.06
Dividend Per Share	0.700	0.700	0.900	0.350	0.350
Dividend Growth	-	-22.22%	157.14%	-	16.67%
Gross Margin	23.95%	29.60%	35.25%	32.93%	30.64%
Operating Margin	5.45%	6.02%	7.73%	6.40%	4.35%
Profit Margin	4.64%	5.79%	6.34%	5.07%	4.28%
Free Cash Flow Margin	24.71%	-4.61%	-9.83%	-15.04%	-0.29%
EBITDA	435.94	360.34	354.64	288.34	188.12
EBITDA Margin	6.68%	7.39%	8.93%	7.61%	5.39%
D&A For EBITDA	80.2	67.07	47.76	46.02	36.42
EBIT	355.74	293.28	306.88	242.33	151.7
EBIT Margin	5.45%	6.02%	7.73%	6.40%	4.35%
Effective Tax Rate	19.42%	19.73%	19.99%	22.54%	18.40%

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