Wellell Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,394	2,387	2,647	2,664	2,374	2,004
Revenue Growth (YoY)	-2.38%	-9.84%	-0.62%	12.20%	18.46%	-1.58%
Cost of Revenue	1,289	1,312	1,509	1,597	1,387	1,156
Gross Profit	1,105	1,075	1,138	1,067	986.95	847.63
Selling, General & Admin	769.31	764.88	778.5	726.38	732.2	582.99
Research & Development	151.21	163.53	165.76	154.28	150.75	167.83
Operating Expenses	935.24	943.14	944.1	881.85	882.63	748.7
Operating Income	169.3	131.71	194.22	184.94	104.32	98.94
Interest Expense	-10.38	-12.95	-14.18	-10.18	-7.67	-9.28
Interest & Investment Income	8.14	9.29	6.21	3.1	2.86	2.83
Earnings From Equity Investments	-0.16	-1.16	-0.32	-	-	13.33
Currency Exchange Gain (Loss)	8.32	-1.86	2.57	-6.11	-0.65	-0.82
Other Non Operating Income (Expenses)	10.77	23.68	34.23	28.91	30.32	19.17
EBT Excluding Unusual Items	186	148.7	222.72	200.66	129.18	124.16
Gain (Loss) on Sale of Investments	-	-	-	-	0.04	36.42
Gain (Loss) on Sale of Assets	0.28	-0.86	-0.45	-0.12	-0.4	-0.13
Asset Writedown	-	-	-12.42	-	-	-
Other Unusual Items	-	-	-	-	9.26	-35.61
Pretax Income	186.28	147.84	209.85	200.54	138.08	124.84
Income Tax Expense	46.35	32.19	56.84	38.43	34.57	19.47
Earnings From Continuing Operations	139.93	115.65	153.01	162.11	103.51	105.38
Minority Interest in Earnings	-1.21	-0.41	-0.84	-0.71	-1.26	-0.79
Net Income	138.72	115.24	152.17	161.4	102.25	104.59
Net Income to Common	138.72	115.24	152.17	161.4	102.25	104.59
Net Income Growth	45.00%	-24.27%	-5.72%	57.86%	-2.24%	18.96%
Shares Outstanding (Basic)	101	101	101	101	101	101
Shares Outstanding (Diluted)	102	101	102	102	101	101
Shares Change (YoY)	-0.33%	-0.14%	0.04%	0.21%	-0.01%	0.03%
EPS (Basic)	1.37	1.14	1.51	1.60	1.01	1.04
EPS (Diluted)	1.37	1.14	1.50	1.59	1.01	1.03
EPS Growth	45.15%	-24.00%	-5.66%	57.43%	-1.94%	18.39%
Free Cash Flow	128.78	156.33	426.83	37.16	-39.6	233.03
Free Cash Flow Per Share	1.27	1.54	4.20	0.37	-0.39	2.30
Dividend Per Share	0.800	0.800	0.800	0.850	0.550	0.550
Dividend Growth	-	-	-5.88%	54.55%	-	22.22%
Gross Margin	46.15%	45.04%	43.00%	40.05%	41.57%	42.30%
Operating Margin	7.07%	5.52%	7.34%	6.94%	4.39%	4.94%
Profit Margin	5.79%	4.83%	5.75%	6.06%	4.31%	5.22%
Free Cash Flow Margin	5.38%	6.55%	16.12%	1.40%	-1.67%	11.63%
EBITDA	270.83	226.92	287.98	275.58	195.53	175.77
EBITDA Margin	11.31%	9.51%	10.88%	10.35%	8.24%	8.77%
D&A For EBITDA	101.52	95.21	93.76	90.64	91.21	76.84
EBIT	169.3	131.71	194.22	184.94	104.32	98.94
EBIT Margin	7.07%	5.52%	7.34%	6.94%	4.39%	4.94%
Effective Tax Rate	24.88%	21.77%	27.09%	19.16%	25.04%	15.59%

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