Grand Ocean Retail Group 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	2,751	3,235	3,820	4,150	5,159
Revenue Growth (YoY)	-14.95%	-15.32%	-7.95%	-19.56%	7.69%
Cost of Revenue	404.43	485.3	641.32	757.83	1,433
Gross Profit	2,347	2,750	3,179	3,392	3,726
Selling, General & Admin	2,558	1,304	1,857	1,808	1,818
Amortization of Goodwill & Intangibles	-	2.26	3.17	4.02	4.55
Operating Expenses	2,594	2,871	3,419	3,466	3,328
Operating Income	-247.21	-121.28	-240.07	-73.49	397.66
Interest Expense	-566.14	-661.75	-686.65	-699.17	-529.58
Interest & Investment Income	22.29	34.43	27.6	28.82	28.4
Earnings From Equity Investments	-	-	-15.07	-9.29	-2.77
Currency Exchange Gain (Loss)	-	-4.29	-3.97	-12.85	6.3
Other Non Operating Income (Expenses)	-89.42	98.42	-7.86	-11.2	145.77
EBT Excluding Unusual Items	-880.49	-654.48	-926.01	-777.16	45.77
Merger & Restructuring Charges	-	47.3	-31.75	-	-
Gain (Loss) on Sale of Investments	-	1.97	14.3	13.49	25.19
Gain (Loss) on Sale of Assets	-	-0.53	-0.78	-0.01	-2.35
Asset Writedown	-	-	-1,068	-155.8	-21.89
Legal Settlements	-	158.16	-344.05	-149.33	-
Other Unusual Items	-	-	495.2	454.99	31.2
Pretax Income	-880.49	-447.58	-1,862	-613.82	77.92
Income Tax Expense	9.84	64.32	222.4	219.03	310.05
Earnings From Continuing Operations	-890.33	-511.89	-2,084	-832.85	-232.14
Net Income	-890.33	-511.89	-2,084	-832.85	-232.14
Net Income to Common	-890.33	-511.89	-2,084	-832.85	-232.14
Shares Outstanding (Basic)	196	196	196	196	196
Shares Outstanding (Diluted)	196	196	196	196	196
Shares Change (YoY)	0.07%	-	-	-	-
EPS (Basic)	-4.55	-2.62	-10.66	-4.26	-1.19
EPS (Diluted)	-4.55	-2.62	-10.66	-4.26	-1.19
Free Cash Flow	316.37	461.28	986.14	-479.4	961.52
Free Cash Flow Per Share	1.62	2.36	5.04	-2.45	4.92
Gross Margin	85.30%	85.00%	83.21%	81.74%	72.22%
Operating Margin	-8.98%	-3.75%	-6.28%	-1.77%	7.71%
Profit Margin	-32.36%	-15.82%	-54.55%	-20.07%	-4.50%
Free Cash Flow Margin	11.50%	14.26%	25.81%	-11.55%	18.64%
EBITDA	1,150	310.84	213.06	482.72	938.6
EBITDA Margin	41.78%	9.61%	5.58%	11.63%	18.19%
D&A For EBITDA	1,397	432.12	453.12	556.21	540.94
EBIT	-247.21	-121.28	-240.07	-73.49	397.66
EBIT Margin	-8.98%	-3.75%	-6.28%	-1.77%	7.71%
Effective Tax Rate	-	-	-	-	397.93%

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