STARLUX Airlines Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	42,316	35,547	22,472	3,362	795.86	391.5
Revenue Growth (YoY)	30.43%	58.18%	568.39%	322.45%	103.28%	3669.54%
Cost of Revenue	35,401	28,355	18,551	6,576	2,532	1,755
Gross Profit	6,915	7,191	3,921	-3,214	-1,736	-1,364
Selling, General & Admin	4,718	4,132	3,442	1,890	1,450	971.86
Operating Expenses	5,408	4,822	3,442	1,890	1,450	1,229
Operating Income	1,508	2,370	479.5	-5,104	-3,187	-2,593
Interest Expense	-1,287	-977.81	-801.79	-419.58	-66.14	-53.57
Interest & Investment Income	263.09	220.55	101.19	25.49	8.63	15.82
Currency Exchange Gain (Loss)	-481.26	-313.66	124.66	-1,116	210.4	226.62
Other Non Operating Income (Expenses)	-2.34	-5.74	-23	-11.28	-13.16	-11.66
EBT Excluding Unusual Items	-0.22	1,293	-119.45	-6,626	-3,047	-2,416
Gain (Loss) on Sale of Assets	3.18	0.39	0.01	-3.46	-0.43	-0.4
Other Unusual Items	-	-	4.22	38.11	28.61	0.39
Pretax Income	3.64	1,294	-115.22	-6,591	-3,019	-2,416
Income Tax Expense	-260.07	-30.94	-264.41	-1,320	-	-
Net Income	263.71	1,324	149.2	-5,271	-3,019	-2,416
Net Income to Common	263.71	1,324	149.2	-5,271	-3,019	-2,416
Net Income Growth	-80.76%	787.72%	-	-	-	-
Shares Outstanding (Basic)	2,981	2,520	1,952	1,519	1,120	824
Shares Outstanding (Diluted)	2,982	2,520	1,952	1,519	1,120	824
Shares Change (YoY)	28.61%	29.11%	28.54%	35.56%	35.98%	37.08%
EPS (Basic)	0.09	0.53	0.08	-3.47	-2.69	-2.93
EPS (Diluted)	0.09	0.53	0.08	-3.47	-2.69	-2.93
EPS Growth	-85.01%	587.56%	-	-	-	-
Free Cash Flow	-14,370	-12,845	-8,046	-10,512	-4,260	-5,275
Free Cash Flow Per Share	-4.82	-5.10	-4.12	-6.92	-3.80	-6.40
Gross Margin	16.34%	20.23%	17.45%	-95.60%	-218.17%	-
Operating Margin	3.56%	6.67%	2.13%	-151.81%	-400.40%	-662.38%
Profit Margin	0.62%	3.73%	0.66%	-156.77%	-379.31%	-617.12%
Free Cash Flow Margin	-33.96%	-36.13%	-35.81%	-312.67%	-535.23%	-1347.24%
EBITDA	4,549	4,356	1,622	-4,692	-2,900	-2,389
EBITDA Margin	10.75%	12.25%	7.22%	-139.56%	-	-
D&A For EBITDA	3,041	1,986	1,142	411.71	286.71	203.93
EBIT	1,508	2,370	479.5	-5,104	-3,187	-2,593
EBIT Margin	3.56%	6.67%	2.13%	-151.81%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.