Apex Dynamics 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	2,998	2,959	2,687	3,430	3,291
Revenue Growth (YoY)	1.32%	10.12%	-21.66%	4.21%	15.80%
Cost of Revenue	1,434	1,346	1,196	1,689	1,655
Gross Profit	1,564	1,613	1,491	1,741	1,636
Selling, General & Admin	584.48	578.53	553.23	543.33	511.41
Research & Development	36.92	39.12	31.97	43.06	32.57
Operating Expenses	621.41	617.65	585.2	586.4	543.98
Operating Income	942.33	994.88	905.77	1,154	1,092
Interest Expense	-7.9	-6.09	-6.42	-11.11	-19.78
Interest & Investment Income	85.81	138.74	153.44	46.48	44.81
Currency Exchange Gain (Loss)	84.34	248.56	8.75	175.72	-87.22
Other Non Operating Income (Expenses)	72.09	35.6	29.9	24.29	27.48
EBT Excluding Unusual Items	1,177	1,412	1,091	1,390	1,057
Gain (Loss) on Sale of Investments	-	-0	0.06	-1.28	-2.67
Gain (Loss) on Sale of Assets	-0.01	-	1.05	0.01	0.14
Other Unusual Items	-	-	-	1.89	1.86
Pretax Income	1,177	1,412	1,093	1,390	1,056
Income Tax Expense	214.82	277.66	219.38	266.11	193.79
Net Income	961.84	1,134	873.16	1,124	862.45
Net Income to Common	961.84	1,134	873.16	1,124	862.45
Net Income Growth	-15.18%	29.88%	-22.32%	30.34%	25.14%
Shares Outstanding (Basic)	80	80	80	78	73
Shares Outstanding (Diluted)	80	80	80	78	73
Shares Change (YoY)	0.00%	-0.03%	3.15%	6.58%	1.59%
EPS (Basic)	12.00	14.15	10.89	14.47	11.83
EPS (Diluted)	12.00	14.14	10.89	14.46	11.82
EPS Growth	-15.15%	29.84%	-24.69%	22.34%	23.13%
Free Cash Flow	1,096	1,355	939.25	1,454	1,162
Free Cash Flow Per Share	13.67	16.89	11.71	18.70	15.93
Dividend Per Share	10.000	12.000	10.000	10.000	8.000
Dividend Growth	-16.67%	20.00%	-	25.00%	33.33%
Gross Margin	52.16%	54.50%	55.49%	50.75%	49.70%
Operating Margin	31.43%	33.62%	33.71%	33.65%	33.17%
Profit Margin	32.08%	38.32%	32.50%	32.77%	26.21%
Free Cash Flow Margin	36.57%	45.78%	34.96%	42.40%	35.30%
EBITDA	1,190	1,252	1,178	1,483	1,443
EBITDA Margin	39.69%	42.32%	43.84%	43.23%	43.86%
D&A For EBITDA	247.67	257.35	272.26	328.47	351.82
EBIT	942.33	994.88	905.77	1,154	1,092
EBIT Margin	31.43%	33.62%	33.71%	33.65%	33.17%
Effective Tax Rate	18.26%	19.67%	20.08%	19.14%	18.35%

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