Novatek Microelectronics Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	96,688	100,663	102,788	110,429	109,957	135,366
Revenue Growth (YoY)	-8.33%	-2.07%	-6.92%	0.43%	-18.77%	69.30%
Cost of Revenue	60,523	62,755	61,315	64,217	59,015	67,974
Gross Profit	36,165	37,908	41,472	46,212	50,941	67,392
Selling, General & Admin	2,899	2,946	2,859	2,759	2,802	3,018
Research & Development	16,698	16,725	16,807	16,791	15,410	16,601
Operating Expenses	19,596	19,671	19,666	19,550	18,212	19,618
Operating Income	16,569	18,237	21,806	26,662	32,729	47,773
Interest Expense	-9.53	-9.31	-8.01	-6.34	-5.69	-19.69
Interest & Investment Income	1,077	1,122	1,397	1,428	752.76	321.12
Currency Exchange Gain (Loss)	-160.48	-82.33	750.14	68.02	1,003	24.78
Other Non Operating Income (Expenses)	293.33	278.14	161.32	80.72	53.4	15.87
EBT Excluding Unusual Items	17,769	19,546	24,106	28,232	34,533	48,115
Gain (Loss) on Sale of Investments	13.86	-11	20.61	-1.02	-21.3	-
Gain (Loss) on Sale of Assets	-1.01	-1.01	-0.72	-0.27	-0.05	-0.24
Pretax Income	17,782	19,534	24,126	28,231	34,511	48,115
Income Tax Expense	2,931	3,186	3,784	4,914	6,542	9,249
Net Income	14,851	16,348	20,342	23,318	27,970	38,866
Net Income to Common	14,851	16,348	20,342	23,318	27,970	38,866
Net Income Growth	-28.30%	-19.64%	-12.76%	-16.63%	-28.04%	228.89%
Shares Outstanding (Basic)	609	609	609	609	609	609
Shares Outstanding (Diluted)	609	609	609	609	610	609
Shares Change (YoY)	0.01%	0.01%	-0.02%	-0.10%	0.05%	0.07%
EPS (Basic)	24.41	26.87	33.43	38.32	45.96	63.87
EPS (Diluted)	24.39	26.84	33.40	38.28	45.87	63.77
EPS Growth	-28.26%	-19.64%	-12.75%	-16.55%	-28.07%	228.71%
Free Cash Flow	13,483	12,417	15,377	29,084	21,668	40,494
Free Cash Flow Per Share	22.14	20.39	25.25	47.74	35.53	66.44
Dividend Per Share	23.000	23.000	28.000	32.000	37.000	51.500
Dividend Growth	-17.86%	-17.86%	-12.50%	-13.51%	-28.16%	230.13%
Gross Margin	37.40%	37.66%	40.35%	41.85%	46.33%	49.79%
Operating Margin	17.14%	18.12%	21.21%	24.14%	29.77%	35.29%
Profit Margin	15.36%	16.24%	19.79%	21.12%	25.44%	28.71%
Free Cash Flow Margin	13.94%	12.34%	14.96%	26.34%	19.71%	29.92%
EBITDA	17,789	19,431	23,010	27,892	33,873	48,776
EBITDA Margin	18.40%	19.30%	22.39%	25.26%	30.81%	36.03%
D&A For EBITDA	1,220	1,194	1,204	1,230	1,144	1,003
EBIT	16,569	18,237	21,806	26,662	32,729	47,773
EBIT Margin	17.14%	18.12%	21.21%	24.14%	29.77%	35.29%
Effective Tax Rate	16.48%	16.31%	15.68%	17.41%	18.95%	19.22%

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