Gemtek 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	16,493	25,634	26,136	27,900	22,913
Revenue Growth (YoY)	-35.66%	-1.92%	-6.32%	21.77%	14.97%
Cost of Revenue	14,216	22,595	23,365	25,035	20,852
Gross Profit	2,278	3,039	2,771	2,865	2,061
Selling, General & Admin	1,157	1,311	1,188	1,213	951.09
Research & Development	1,065	1,172	1,070	916.23	753.46
Operating Expenses	2,218	2,457	2,308	2,137	1,704
Operating Income	59.98	582.04	463.63	728.36	356.09
Interest Expense	-33.84	-107.83	-114.44	-82.36	-30.8
Interest & Investment Income	98.28	130.14	57.63	41.71	26.1
Earnings From Equity Investments	45.39	63.33	59.54	134.65	181.12
Currency Exchange Gain (Loss)	-	301.19	175.41	67.42	-80.06
Other Non Operating Income (Expenses)	-242.09	-44.69	-57.32	48.45	87.79
EBT Excluding Unusual Items	-72.29	924.19	584.45	938.22	540.24
Impairment of Goodwill	-	-	-20	-	-
Gain (Loss) on Sale of Investments	-	-0.18	8.42	-12.58	187.82
Gain (Loss) on Sale of Assets	-	-23.13	215.8	-6.31	-4.6
Pretax Income	-72.29	900.88	788.67	919.33	723.45
Income Tax Expense	33.57	266.62	243.12	173.28	41.87
Earnings From Continuing Operations	-105.85	634.26	545.55	746.05	681.58
Minority Interest in Earnings	-2.48	13.02	63.61	-81.37	-1.79
Net Income	-108.33	647.27	609.15	664.68	679.79
Net Income to Common	-108.33	647.27	609.15	664.68	679.79
Net Income Growth	-	6.26%	-8.36%	-2.22%	-50.39%
Shares Outstanding (Basic)	433	414	394	392	359
Shares Outstanding (Diluted)	433	454	454	419	410
Shares Change (YoY)	-4.62%	0.17%	8.22%	2.27%	-0.63%
EPS (Basic)	-0.25	1.56	1.55	1.70	1.89
EPS (Diluted)	-0.25	1.46	1.37	1.59	1.69
EPS Growth	-	6.24%	-13.70%	-5.87%	-49.67%
Free Cash Flow	1,954	1,512	1,799	131.58	-1,123
Free Cash Flow Per Share	4.51	3.33	3.96	0.31	-2.74
Dividend Per Share	-	1.500	1.500	1.500	1.500
Dividend Growth	-	-	-	-	-25.00%
Gross Margin	13.81%	11.86%	10.60%	10.27%	8.99%
Operating Margin	0.36%	2.27%	1.77%	2.61%	1.55%
Profit Margin	-0.66%	2.53%	2.33%	2.38%	2.97%
Free Cash Flow Margin	11.85%	5.90%	6.88%	0.47%	-4.90%
EBITDA	738.77	1,123	932.15	1,145	717.38
EBITDA Margin	4.48%	4.38%	3.57%	4.10%	3.13%
D&A For EBITDA	678.79	540.48	468.53	416.3	361.29
EBIT	59.98	582.04	463.63	728.36	356.09
EBIT Margin	0.36%	2.27%	1.77%	2.61%	1.55%
Effective Tax Rate	-	29.60%	30.83%	18.85%	5.79%

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