Phihong Technology 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	9,796	10,898	12,332	14,018	12,284
Revenue Growth (YoY)	-10.11%	-11.63%	-12.02%	14.11%	32.89%
Cost of Revenue	7,733	7,957	9,120	11,876	10,811
Gross Profit	2,063	2,941	3,213	2,142	1,473
Selling, General & Admin	1,784	2,140	1,800	1,372	1,051
Research & Development	857.79	966.38	1,034	755.21	761
Operating Expenses	2,663	3,094	2,858	2,128	1,813
Operating Income	-599.78	-152.83	354.74	13.66	-339.32
Interest Expense	-70.52	-47.55	-125.53	-73.48	-40.3
Interest & Investment Income	139.53	168.46	128.57	41.01	28
Earnings From Equity Investments	13.78	-3.55	-5.33	-6.54	-8.15
Currency Exchange Gain (Loss)	-153.63	99.03	-26.36	56.94	-18.43
Other Non Operating Income (Expenses)	106.74	168.36	140.38	150.56	82.74
EBT Excluding Unusual Items	-563.88	231.93	466.47	182.15	-295.46
Gain (Loss) on Sale of Investments	0.11	77.91	-	3.33	0.8
Gain (Loss) on Sale of Assets	42.55	1.17	-2.61	2.66	-3.29
Asset Writedown	-34.76	-	-	-	-
Other Unusual Items	-0.24	-12	0.54	-	-
Pretax Income	-556.22	299	464.41	188.14	-297.95
Income Tax Expense	78.45	92.68	201.89	116.83	14.67
Earnings From Continuing Operations	-634.67	206.33	262.51	71.31	-312.62
Minority Interest in Earnings	-	-	0.04	0.02	0.02
Net Income	-634.67	206.33	262.55	71.33	-312.6
Net Income to Common	-634.67	206.33	262.55	71.33	-312.6
Net Income Growth	-	-21.41%	268.10%	-	-
Shares Outstanding (Basic)	427	431	385	375	339
Shares Outstanding (Diluted)	427	432	385	375	339
Shares Change (YoY)	-1.03%	12.17%	2.55%	10.91%	0.24%
EPS (Basic)	-1.48	0.48	0.68	0.19	-0.92
EPS (Diluted)	-1.48	0.48	0.68	0.19	-0.92
EPS Growth	-	-29.64%	257.89%	-	-
Free Cash Flow	-537.31	-689.03	1,748	-1,189	-1,851
Free Cash Flow Per Share	-1.26	-1.59	4.54	-3.17	-5.47
Gross Margin	21.06%	26.99%	26.05%	15.28%	11.99%
Operating Margin	-6.12%	-1.40%	2.88%	0.10%	-2.76%
Profit Margin	-6.48%	1.89%	2.13%	0.51%	-2.54%
Free Cash Flow Margin	-5.49%	-6.32%	14.17%	-8.48%	-15.07%
EBITDA	-270.55	176.86	653.23	289.38	-79.11
EBITDA Margin	-2.76%	1.62%	5.30%	2.06%	-0.64%
D&A For EBITDA	329.23	329.69	298.49	275.73	260.21
EBIT	-599.78	-152.83	354.74	13.66	-339.32
EBIT Margin	-6.12%	-1.40%	2.88%	0.10%	-2.76%
Effective Tax Rate	-	31.00%	43.47%	62.10%	-

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