Answer Technology 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	8,959	5,291	6,296	6,407	6,280
Revenue Growth (YoY)	69.32%	-15.96%	-1.73%	2.03%	26.27%
Cost of Revenue	7,960	4,605	5,598	5,393	5,521
Gross Profit	998.82	686.56	698.76	1,015	759.29
Selling, General & Admin	328.41	302.89	245.51	330.24	318.16
Research & Development	54.27	70.67	52.42	103.32	100.04
Operating Expenses	385.59	358.18	317.67	430.21	417.05
Operating Income	613.23	328.38	381.09	584.36	342.24
Interest Expense	-83.35	-58.96	-137.94	-48.31	-17.32
Interest & Investment Income	43.47	71.05	9.49	12.55	4.77
Earnings From Equity Investments	-	-	-	-	-0.8
Currency Exchange Gain (Loss)	-	-1.74	-104.04	-80.9	48.26
Other Non Operating Income (Expenses)	-384.45	2	1.77	0.9	1.7
EBT Excluding Unusual Items	188.91	340.73	150.36	468.6	378.86
Gain (Loss) on Sale of Investments	-	-	-	-	-1.35
Gain (Loss) on Sale of Assets	-	1.38	0.43	-0.4	-0.27
Pretax Income	188.91	342.1	150.79	468.2	377.23
Income Tax Expense	35.93	64.65	37.93	94.22	77.17
Net Income	152.97	277.45	112.86	373.99	300.07
Net Income to Common	152.97	277.45	112.86	373.99	300.07
Net Income Growth	-44.86%	145.84%	-69.82%	24.63%	43.63%
Shares Outstanding (Basic)	67	67	66	66	66
Shares Outstanding (Diluted)	67	67	67	68	67
Shares Change (YoY)	-0.52%	0.71%	-1.27%	0.87%	1.14%
EPS (Basic)	2.30	4.16	1.70	5.65	4.57
EPS (Diluted)	2.28	4.11	1.69	5.51	4.46
EPS Growth	-44.53%	143.19%	-69.33%	23.54%	42.04%
Free Cash Flow	-1,538	370.8	396.33	-767.12	-516.88
Free Cash Flow Per Share	-22.92	5.50	5.92	-11.31	-7.69
Dividend Per Share	-	3.000	1.500	4.100	3.800
Dividend Growth	-	100.00%	-63.41%	7.90%	31.03%
Gross Margin	11.15%	12.97%	11.10%	15.83%	12.09%
Operating Margin	6.84%	6.21%	6.05%	9.12%	5.45%
Profit Margin	1.71%	5.24%	1.79%	5.84%	4.78%
Free Cash Flow Margin	-17.16%	7.01%	6.30%	-11.97%	-8.23%
EBITDA	637.69	338.07	389.56	589.69	347.26
EBITDA Margin	7.12%	6.39%	6.19%	9.20%	5.53%
D&A For EBITDA	24.46	9.68	8.47	5.33	5.02
EBIT	613.23	328.38	381.09	584.36	342.24
EBIT Margin	6.84%	6.21%	6.05%	9.12%	5.45%
Effective Tax Rate	19.02%	18.90%	25.15%	20.12%	20.46%

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