Bright LED Electronics 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	1,142	1,178	1,133	1,509	1,532
Revenue Growth (YoY)	-3.04%	3.99%	-24.94%	-1.51%	11.37%
Cost of Revenue	809.5	846.79	826.07	1,144	1,093
Gross Profit	332.5	330.96	306.52	365.35	439.57
Selling, General & Admin	222.76	220.41	228.66	237.7	266.34
Research & Development	14.13	12.81	10.92	10.06	11.83
Operating Expenses	238.22	232.96	238.04	247.75	281.05
Operating Income	94.29	98	68.48	117.6	158.52
Interest Expense	-3.49	-3.37	-3.82	-4.33	-4.38
Interest & Investment Income	83.66	66.72	35.08	57.32	69.88
Earnings From Equity Investments	52.19	45.92	49.91	28.6	31.79
Currency Exchange Gain (Loss)	15.16	5.56	49.46	-9.37	26.17
Other Non Operating Income (Expenses)	5.75	9.9	22.34	20.83	22.06
EBT Excluding Unusual Items	247.55	222.73	221.46	210.65	304.03
Gain (Loss) on Sale of Investments	3.02	4.93	1.94	-	-
Gain (Loss) on Sale of Assets	-	-	0.04	1	0.17
Other Unusual Items	0.03	1.81	0.09	-0.08	-
Pretax Income	250.6	229.47	223.54	211.56	304.2
Income Tax Expense	64.75	44.08	45.48	16.19	51.41
Earnings From Continuing Operations	185.85	185.39	178.05	195.38	252.8
Minority Interest in Earnings	2.76	3.32	3.5	5	-3.56
Net Income	188.62	188.71	181.55	200.38	249.23
Net Income to Common	188.62	188.71	181.55	200.38	249.23
Net Income Growth	-0.05%	3.95%	-9.40%	-19.60%	94.52%
Shares Outstanding (Basic)	173	173	173	173	172
Shares Outstanding (Diluted)	174	174	175	175	173
Shares Change (YoY)	0.14%	-0.28%	-0.15%	0.80%	-0.80%
EPS (Basic)	1.09	1.09	1.05	1.16	1.45
EPS (Diluted)	1.08	1.08	1.04	1.15	1.44
EPS Growth	-	3.85%	-9.56%	-20.14%	97.26%
Free Cash Flow	225.48	232.44	162.94	107	136.45
Free Cash Flow Per Share	1.29	1.33	0.93	0.61	0.79
Dividend Per Share	1.000	1.000	0.800	0.850	1.000
Dividend Growth	-	25.00%	-5.88%	-15.00%	25.00%
Gross Margin	29.12%	28.10%	27.06%	24.21%	28.69%
Operating Margin	8.26%	8.32%	6.05%	7.79%	10.35%
Profit Margin	16.52%	16.02%	16.03%	13.28%	16.27%
Free Cash Flow Margin	19.74%	19.74%	14.39%	7.09%	8.91%
EBITDA	134.6	139.88	112.91	164.95	215.72
EBITDA Margin	11.79%	11.88%	9.97%	10.93%	14.08%
D&A For EBITDA	40.32	41.87	44.44	47.35	57.2
EBIT	94.29	98	68.48	117.6	158.52
EBIT Margin	8.26%	8.32%	6.05%	7.79%	10.35%
Effective Tax Rate	25.84%	19.21%	20.35%	7.65%	16.90%

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