AzureWave Technologies 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
Operating Revenue	11,395	9,245	9,520	10,036	11,414
Other Revenue	19.14	5.82	11.76	34.03	33.07
Revenue	11,415	9,251	9,531	10,070	11,447
Revenue Growth (YoY)	23.39%	-2.94%	-5.35%	-12.03%	19.34%
Cost of Revenue	9,746	7,907	8,266	8,828	10,238
Gross Profit	1,668	1,343	1,265	1,242	1,209
Selling, General & Admin	528.6	445.49	420.74	452.55	468.19
Research & Development	575.05	545.01	530.4	511.79	473.19
Operating Expenses	1,104	990.51	951.14	954.47	944.78
Operating Income	564.61	352.93	314.31	287.14	264.1
Interest Expense	-9.98	-10.04	-12.48	-23.19	-19.23
Interest & Investment Income	81.67	67.62	18.39	3.66	0.11
Currency Exchange Gain (Loss)	-2.84	19.77	15.24	28.53	9.29
Other Non Operating Income (Expenses)	19.62	1.25	2.5	-0.2	2.33
EBT Excluding Unusual Items	653.08	431.53	337.95	295.94	256.59
Gain (Loss) on Sale of Assets	-3.26	-0.37	-0.37	-0.76	100.39
Asset Writedown	-	-	-	-	-31.75
Pretax Income	649.81	431.16	337.58	295.18	325.23
Income Tax Expense	34.62	14.14	4.14	0.06	16.35
Net Income	615.19	417.02	333.44	295.12	308.88
Net Income to Common	615.19	417.02	333.44	295.12	308.88
Net Income Growth	47.52%	25.07%	12.98%	-4.45%	1.57%
Shares Outstanding (Basic)	153	152	153	153	150
Shares Outstanding (Diluted)	154	153	153	153	150
Shares Change (YoY)	0.83%	-0.06%	-0.11%	1.82%	-0.01%
EPS (Basic)	4.03	2.75	2.18	1.93	2.05
EPS (Diluted)	3.99	2.73	2.18	1.93	2.05
EPS Growth	46.15%	25.23%	13.04%	-6.07%	1.58%
Free Cash Flow	549.39	1,145	1,164	918.15	-629.62
Free Cash Flow Per Share	3.56	7.49	7.61	5.99	-4.18
Dividend Per Share	-	1.477	1.000	-	-
Dividend Growth	-	47.66%	-	-	-
Gross Margin	14.62%	14.52%	13.28%	12.33%	10.56%
Operating Margin	4.95%	3.82%	3.30%	2.85%	2.31%
Profit Margin	5.39%	4.51%	3.50%	2.93%	2.70%
Free Cash Flow Margin	4.81%	12.38%	12.21%	9.12%	-5.50%
EBITDA	904.7	632.13	662.07	702.9	693.08
EBITDA Margin	7.93%	6.83%	6.95%	6.98%	6.05%
D&A For EBITDA	340.08	279.2	347.76	415.76	428.99
EBIT	564.61	352.93	314.31	287.14	264.1
EBIT Margin	4.95%	3.82%	3.30%	2.85%	2.31%
Effective Tax Rate	5.33%	3.28%	1.23%	0.02%	5.03%
Revenue as Reported	11,415	9,251	9,531	10,070	11,447

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