Winmate 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	3,641	3,058	2,599	2,659	2,502
Revenue Growth (YoY)	19.07%	17.67%	-2.28%	6.30%	35.55%
Cost of Revenue	2,190	1,835	1,560	1,716	1,664
Gross Profit	1,451	1,223	1,039	942.84	838.11
Selling, General & Admin	508.66	393.82	266.69	259.3	224.66
Research & Development	251.27	219.7	192.21	184.77	175.02
Other Operating Expenses	-	-	0.13	0.78	-0.17
Operating Expenses	758.3	616.52	461.03	446.92	400.78
Operating Income	692.53	606.03	577.98	495.92	437.33
Interest Expense	-12.46	-12.3	-3.64	-6.94	-5.4
Interest & Investment Income	15.09	33.11	37.98	16.27	11.1
Earnings From Equity Investments	-0.45	-1.87	-10.68	-1.91	0.76
Currency Exchange Gain (Loss)	-	37.06	5.81	44.22	-11.49
Other Non Operating Income (Expenses)	26.97	21.87	11.56	16.19	6.38
EBT Excluding Unusual Items	721.67	683.9	619	563.75	438.69
Gain (Loss) on Sale of Investments	-	-7.79	0.13	0.01	0.04
Gain (Loss) on Sale of Assets	-	-	0.12	-0	-
Asset Writedown	-	-3.6	-	-	-
Pretax Income	721.67	672.52	619.25	563.76	438.73
Income Tax Expense	135.86	120.52	113.3	111.33	74.02
Earnings From Continuing Operations	585.81	552	505.95	452.43	364.71
Minority Interest in Earnings	5.19	7.45	-	-	-
Net Income	591	559.45	505.95	452.43	364.71
Net Income to Common	591	559.45	505.95	452.43	364.71
Net Income Growth	5.64%	10.57%	11.83%	24.05%	42.43%
Shares Outstanding (Basic)	80	79	76	73	72
Shares Outstanding (Diluted)	83	80	80	80	80
Shares Change (YoY)	3.63%	0.19%	-0.19%	0.79%	9.59%
EPS (Basic)	7.39	7.04	6.62	6.23	5.03
EPS (Diluted)	7.09	7.03	6.33	5.68	4.62
EPS Growth	0.80%	11.08%	11.44%	23.08%	31.16%
Free Cash Flow	457.61	358.44	389.83	165.46	281.3
Free Cash Flow Per Share	5.49	4.46	4.86	2.06	3.52
Dividend Per Share	-	5.500	5.200	5.000	4.500
Dividend Growth	-	5.77%	4.00%	11.11%	12.50%
Gross Margin	39.85%	39.98%	39.98%	35.45%	33.50%
Operating Margin	19.02%	19.82%	22.24%	18.65%	17.48%
Profit Margin	16.23%	18.30%	19.47%	17.01%	14.58%
Free Cash Flow Margin	12.57%	11.72%	15.00%	6.22%	11.24%
EBITDA	783.36	640.04	604.78	522.22	460.13
EBITDA Margin	21.52%	20.93%	23.27%	19.64%	18.39%
D&A For EBITDA	90.83	34.01	26.8	26.3	22.8
EBIT	692.53	606.03	577.98	495.92	437.33
EBIT Margin	19.02%	19.82%	22.24%	18.65%	17.48%
Effective Tax Rate	18.83%	17.92%	18.30%	19.75%	16.87%

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