RichWave 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	3,762	3,679	2,985	3,429	5,316
Revenue Growth (YoY)	2.24%	23.28%	-12.97%	-35.49%	-0.63%
Cost of Revenue	2,397	2,446	2,182	2,371	3,770
Gross Profit	1,364	1,234	802.09	1,059	1,546
Selling, General & Admin	464.4	471.85	450.53	461.2	474.4
Research & Development	663.69	685.84	653.72	602.47	539.01
Operating Expenses	1,126	1,155	1,100	1,076	1,012
Operating Income	238.78	78.75	-297.48	-17.21	533.61
Interest Expense	-1.78	-5.51	-6.26	-4.89	-1.21
Interest & Investment Income	32.84	27.65	20.83	10.63	1.94
Currency Exchange Gain (Loss)	-29.48	60.23	1.47	72.43	-9.76
Other Non Operating Income (Expenses)	54.6	35.81	1.45	-0.08	2.32
EBT Excluding Unusual Items	294.97	196.92	-279.99	60.88	526.9
Gain (Loss) on Sale of Investments	-0.1	-0.26	1.4	-	-
Gain (Loss) on Sale of Assets	-0.16	-0	0.46	-0.22	-
Other Unusual Items	-	-	-	0.63	0
Pretax Income	294.71	196.67	-278.13	61.29	526.91
Income Tax Expense	49.59	40.1	-55.84	6.23	61.39
Net Income	245.12	156.57	-222.29	55.06	465.52
Net Income to Common	245.12	156.57	-222.29	55.06	465.52
Net Income Growth	56.56%	-	-	-88.17%	-46.26%
Shares Outstanding (Basic)	92	91	90	89	88
Shares Outstanding (Diluted)	92	91	90	89	89
Shares Change (YoY)	1.81%	0.53%	1.33%	0.45%	-0.04%
EPS (Basic)	2.66	1.73	-2.46	0.62	5.26
EPS (Diluted)	2.65	1.73	-2.46	0.62	5.25
EPS Growth	53.41%	-	-	-88.21%	-46.26%
Free Cash Flow	475.02	138.6	-14.58	306.23	35.26
Free Cash Flow Per Share	5.14	1.53	-0.16	3.44	0.40
Dividend Per Share	1.600	1.100	-	-	3.500
Dividend Growth	45.45%	-	-	-	22.50%
Gross Margin	36.27%	33.53%	26.87%	30.87%	29.08%
Operating Margin	6.35%	2.14%	-9.97%	-0.50%	10.04%
Profit Margin	6.52%	4.25%	-7.45%	1.61%	8.76%
Free Cash Flow Margin	12.63%	3.77%	-0.49%	8.93%	0.66%
EBITDA	318.83	165.56	-214.34	56.85	589.55
EBITDA Margin	8.48%	4.50%	-7.18%	1.66%	11.09%
D&A For EBITDA	80.05	86.81	83.14	74.05	55.94
EBIT	238.78	78.75	-297.48	-17.21	533.61
EBIT Margin	6.35%	2.14%	-9.97%	-0.50%	10.04%
Effective Tax Rate	16.83%	20.39%	-	10.17%	11.65%

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