STARLUX Airlines 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	44,053	35,547	22,472	3,362	795.86
Revenue Growth (YoY)	23.93%	58.18%	568.39%	322.45%	103.28%
Cost of Revenue	37,346	28,355	18,551	6,576	2,532
Gross Profit	6,707	7,191	3,921	-3,214	-1,736
Selling, General & Admin	4,433	4,821	3,442	1,890	1,450
Operating Expenses	5,070	4,822	3,442	1,890	1,450
Operating Income	1,637	2,370	479.5	-5,104	-3,187
Interest Expense	-1,365	-977.81	-801.79	-419.58	-66.14
Interest & Investment Income	239.23	220.55	101.19	25.49	8.63
Currency Exchange Gain (Loss)	-466.95	-313.66	124.66	-1,116	210.4
Other Non Operating Income (Expenses)	-8.44	-5.74	-18.78	-11.28	-13.16
EBT Excluding Unusual Items	35.88	1,293	-115.22	-6,626	-3,047
Gain (Loss) on Sale of Investments	4.4	-	-	-	-
Gain (Loss) on Sale of Assets	3.19	0.39	0.01	-3.46	-0.43
Other Unusual Items	-	-	-	38.11	28.61
Pretax Income	43.47	1,294	-115.22	-6,591	-3,019
Income Tax Expense	-229.14	-30.94	-264.41	-1,320	-
Net Income	272.61	1,324	149.2	-5,271	-3,019
Net Income to Common	272.61	1,324	149.2	-5,271	-3,019
Net Income Growth	-79.42%	787.72%	-	-	-
Shares Outstanding (Basic)	3,009	2,520	1,952	1,519	1,120
Shares Outstanding (Diluted)	3,010	2,520	1,952	1,519	1,120
Shares Change (YoY)	19.42%	29.11%	28.54%	35.56%	35.98%
EPS (Basic)	0.09	0.53	0.08	-3.47	-2.69
EPS (Diluted)	0.09	0.53	0.08	-3.47	-2.69
EPS Growth	-82.87%	587.56%	-	-	-
Free Cash Flow	-5,128	-12,845	-8,046	-10,512	-4,260
Free Cash Flow Per Share	-1.70	-5.10	-4.12	-6.92	-3.80
Gross Margin	15.22%	20.23%	17.45%	-95.60%	-218.17%
Operating Margin	3.72%	6.67%	2.13%	-151.81%	-400.40%
Profit Margin	0.62%	3.73%	0.66%	-156.77%	-379.31%
Free Cash Flow Margin	-11.64%	-36.13%	-35.81%	-312.67%	-535.23%
EBITDA	4,953	4,356	1,622	-4,692	-2,900
EBITDA Margin	11.24%	12.25%	7.22%	-139.56%	-
D&A For EBITDA	3,315	1,986	1,142	411.71	286.71
EBIT	1,637	2,370	479.5	-5,104	-3,187
EBIT Margin	3.72%	6.67%	2.13%	-151.81%	-
Advertising Expenses	356.42	-	-	-	-

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