Transcend Information 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	17,125	10,084	10,496	12,122	14,315
Revenue Growth (YoY)	69.84%	-3.93%	-13.41%	-15.32%	25.06%
Cost of Revenue	9,107	6,991	7,452	9,400	10,139
Gross Profit	8,019	3,092	3,045	2,723	4,176
Selling, General & Admin	1,250	1,044	1,022	1,079	1,132
Research & Development	213.19	142.06	132.97	137.11	151.46
Operating Expenses	1,464	1,187	1,155	1,216	1,284
Operating Income	6,555	1,906	1,890	1,507	2,892
Interest Expense	-1.93	-3.06	-3.32	-1.97	-1.25
Interest & Investment Income	155.27	335.13	415.9	150.52	85.9
Earnings From Equity Investments	-26.73	-23.19	-22.13	10.3	52.59
Currency Exchange Gain (Loss)	-	271.6	89.59	320.24	-14.51
Other Non Operating Income (Expenses)	201.71	67.66	62.97	55.03	29.24
EBT Excluding Unusual Items	6,883	2,554	2,433	2,041	3,044
Gain (Loss) on Sale of Investments	-	276.03	38.19	-8.27	84.87
Gain (Loss) on Sale of Assets	-	0.03	-0	1,324	0.01
Pretax Income	6,883	2,830	2,471	3,356	3,129
Income Tax Expense	1,315	515.32	486	901.93	595.36
Net Income	5,568	2,314	1,985	2,454	2,533
Net Income to Common	5,568	2,314	1,985	2,454	2,533
Net Income Growth	140.57%	16.61%	-19.13%	-3.12%	111.51%
Shares Outstanding (Basic)	429	429	429	429	429
Shares Outstanding (Diluted)	430	430	429	430	430
Shares Change (YoY)	0.15%	0.04%	-0.04%	0.02%	0.03%
EPS (Basic)	12.98	5.39	4.63	5.72	5.90
EPS (Diluted)	12.94	5.39	4.62	5.71	5.90
EPS Growth	140.07%	16.67%	-19.09%	-3.22%	111.47%
Free Cash Flow	-2,245	-1,064	1,290	5,072	2,430
Free Cash Flow Per Share	-5.22	-2.48	3.00	11.81	5.66
Dividend Per Share	-	6.100	5.000	5.600	6.000
Dividend Growth	-	22.00%	-10.71%	-6.67%	96.72%
Gross Margin	46.82%	30.67%	29.01%	22.46%	29.17%
Operating Margin	38.27%	18.90%	18.00%	12.43%	20.20%
Profit Margin	32.51%	22.95%	18.91%	20.25%	17.70%
Free Cash Flow Margin	-13.11%	-10.55%	12.29%	41.84%	16.97%
EBITDA	6,683	1,987	1,993	1,647	3,087
EBITDA Margin	39.02%	19.70%	18.99%	13.59%	21.57%
D&A For EBITDA	127.97	81.14	103.52	140.3	195.61
EBIT	6,555	1,906	1,890	1,507	2,892
EBIT Margin	38.27%	18.90%	18.00%	12.43%	20.20%
Effective Tax Rate	19.11%	18.21%	19.67%	26.87%	19.03%

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