104 Corporation (TPE:3130)

104 Corporation Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,674	2,499	2,329	2,179	1,851
Revenue Growth (YoY)	7.02%	7.28%	6.89%	17.73%	13.25%
Cost of Revenue	371.22	320.42	305.78	229.27	181.56
Gross Profit	2,303	2,179	2,024	1,950	1,669
Selling, General & Admin	1,513	1,325	1,218	1,199	885.09
Research & Development	256.12	305.5	288.82	247.59	387.37
Operating Expenses	1,771	1,632	1,509	1,448	1,274
Operating Income	532.12	546.62	514.99	502.47	395.07
Interest Expense	-2.33	-2.76	-1.53	-0.87	-0.97
Interest & Investment Income	49.59	38.69	32.18	16.75	10.82
Earnings From Equity Investments	-	-12.36	-5.77	-	-
Currency Exchange Gain (Loss)	-	1.08	0.81	4.02	-1.34
Other Non Operating Income (Expenses)	19.06	7.11	9.09	2.62	3.78
EBT Excluding Unusual Items	598.44	578.39	549.77	524.98	407.36
Gain (Loss) on Sale of Investments	-	-10.28	-	-1.24	-
Gain (Loss) on Sale of Assets	-	-2.63	-0.05	-0.02	-0.4
Other Unusual Items	-	0.25	0.24	0.01	0.05
Pretax Income	598.44	565.74	549.96	523.74	407.02
Income Tax Expense	110.39	96.38	98.39	80.94	39.77
Earnings From Continuing Operations	488.05	469.36	451.56	442.81	367.25
Net Income to Company	488.05	469.36	451.56	442.81	367.25
Minority Interest in Earnings	-	-	-	2.45	3.19
Net Income	488.05	469.36	451.56	445.26	370.44
Net Income to Common	488.05	469.36	451.56	445.26	370.44
Net Income Growth	3.98%	3.94%	1.42%	20.20%	43.17%
Shares Outstanding (Basic)	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33
Shares Change (YoY)	0.04%	-0.01%	0.02%	0.08%	0.09%
EPS (Basic)	14.70	14.14	13.61	13.42	11.16
EPS (Diluted)	14.58	14.03	13.49	13.31	11.08
EPS Growth	3.92%	4.00%	1.35%	20.13%	42.97%
Free Cash Flow	773.2	722.65	593.04	733.6	575.58
Free Cash Flow Per Share	23.10	21.60	17.72	21.93	17.22
Dividend Per Share	-	14.140	13.610	13.420	11.160
Dividend Growth	-	3.89%	1.42%	20.25%	43.08%
Gross Margin	86.12%	87.18%	86.87%	89.48%	90.19%
Operating Margin	19.90%	21.87%	22.11%	23.06%	21.34%
Profit Margin	18.25%	18.78%	19.38%	20.43%	20.01%
Free Cash Flow Margin	28.91%	28.92%	25.46%	33.66%	31.10%
EBITDA	624.77	593.05	553.96	536.62	429.13
EBITDA Margin	23.36%	23.73%	23.78%	24.62%	23.18%
D&A For EBITDA	92.65	46.42	38.96	34.16	34.05
EBIT	532.12	546.62	514.99	502.47	395.07
EBIT Margin	19.90%	21.87%	22.11%	23.06%	21.34%
Effective Tax Rate	18.45%	17.04%	17.89%	15.45%	9.77%

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