Apex International 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	11,608	12,459	12,628	14,906	14,801
Revenue Growth (YoY)	-6.83%	-1.34%	-15.28%	0.71%	25.09%
Cost of Revenue	11,757	12,155	11,600	12,077	11,682
Gross Profit	-149	303.8	1,028	2,829	3,119
Selling, General & Admin	1,454	1,691	1,620	1,718	1,553
Research & Development	38.15	68.76	57.1	53.6	45.44
Operating Expenses	1,493	1,774	1,633	1,818	1,642
Operating Income	-1,642	-1,471	-604.5	1,011	1,477
Interest Expense	-371.8	-326.08	-280.59	-161.67	-45.25
Interest & Investment Income	2.63	2.87	3.12	1.59	0.53
Currency Exchange Gain (Loss)	156.19	63.32	53.66	7.45	-15.06
Other Non Operating Income (Expenses)	-40.59	57.42	36.77	101.99	36.68
EBT Excluding Unusual Items	-1,896	-1,673	-791.55	960.69	1,454
Gain (Loss) on Sale of Assets	6.2	-4.5	2.64	-25	-1.3
Asset Writedown	-151.99	-126.73	-16.7	9.62	-17
Other Unusual Items	0.79	0.01	-	0.34	0.03
Pretax Income	-2,041	-1,804	-805.61	945.64	1,436
Income Tax Expense	-19.56	-7.04	-5.66	67.27	52.15
Earnings From Continuing Operations	-2,021	-1,797	-799.95	878.37	1,384
Minority Interest in Earnings	6.41	6.73	3.01	-3.89	-5.99
Net Income	-2,015	-1,791	-796.94	874.48	1,378
Net Income to Common	-2,015	-1,791	-796.94	874.48	1,378
Net Income Growth	-	-	-	-36.54%	14.96%
Shares Outstanding (Basic)	233	194	190	190	190
Shares Outstanding (Diluted)	233	194	190	190	190
Shares Change (YoY)	19.82%	2.38%	-	-	-
EPS (Basic)	-8.65	-9.21	-4.20	4.60	7.25
EPS (Diluted)	-8.65	-9.21	-4.20	4.60	7.25
EPS Growth	-	-	-	-36.55%	14.88%
Free Cash Flow	-1,173	-1,802	599.21	-644.43	-2,599
Free Cash Flow Per Share	-5.03	-9.27	3.15	-3.39	-13.68
Dividend Per Share	-	-	-	2.000	4.000
Dividend Growth	-	-	-	-50.00%	33.33%
Gross Margin	-1.28%	2.44%	8.14%	18.98%	21.07%
Operating Margin	-14.14%	-11.80%	-4.79%	6.78%	9.98%
Profit Margin	-17.35%	-14.37%	-6.31%	5.87%	9.31%
Free Cash Flow Margin	-10.10%	-14.46%	4.75%	-4.32%	-17.56%
EBITDA	-308.23	-235.62	665.58	2,037	2,162
EBITDA Margin	-2.66%	-1.89%	5.27%	13.66%	14.61%
D&A For EBITDA	1,334	1,235	1,270	1,026	684.55
EBIT	-1,642	-1,471	-604.5	1,011	1,477
EBIT Margin	-14.14%	-11.80%	-4.79%	6.78%	9.98%
Effective Tax Rate	-	-	-	7.11%	3.63%

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