GSD Technologies 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	1,762	1,818	1,774	1,841	1,961
Revenue Growth (YoY)	-3.09%	2.48%	-3.60%	-6.12%	6.17%
Cost of Revenue	1,206	1,300	1,205	1,180	1,209
Gross Profit	555.56	518.33	569.6	660.28	751.95
Selling, General & Admin	480.74	481.39	486.6	469.27	470.29
Research & Development	83.44	72.66	88.67	74.07	82.47
Operating Expenses	567.15	548.69	582.96	544.57	548.72
Operating Income	-11.59	-30.36	-13.36	115.72	203.23
Interest Expense	-3.53	-5.52	-3.87	-3.93	-2.64
Interest & Investment Income	6.44	10.63	14.58	18.8	21.79
Earnings From Equity Investments	17.19	30.54	19.55	26.21	11.68
Currency Exchange Gain (Loss)	-0.33	10.02	-4.06	10.3	-2.94
Other Non Operating Income (Expenses)	13.83	24.02	30.89	34.44	25.01
EBT Excluding Unusual Items	22	39.33	43.73	201.54	256.13
Gain (Loss) on Sale of Investments	-	3.24	-	-	-
Gain (Loss) on Sale of Assets	-0.09	-0.13	-0.19	-0.7	-
Other Unusual Items	-0.07	0.01	0.11	0.85	-
Pretax Income	21.85	42.45	43.65	201.69	256.13
Income Tax Expense	9.93	-0.02	5.47	27.76	43.85
Earnings From Continuing Operations	11.92	42.47	38.18	173.93	212.27
Minority Interest in Earnings	4.89	8.75	8.68	8.47	3.35
Net Income	16.82	51.21	46.87	182.39	215.62
Net Income to Common	16.82	51.21	46.87	182.39	215.62
Net Income Growth	-67.17%	9.28%	-74.30%	-15.41%	-1.70%
Shares Outstanding (Basic)	37	37	37	37	34
Shares Outstanding (Diluted)	37	38	37	41	37
Shares Change (YoY)	-3.63%	3.78%	-11.39%	11.33%	9.59%
EPS (Basic)	0.46	1.40	1.28	5.00	6.30
EPS (Diluted)	0.46	1.08	1.28	3.78	5.86
EPS Growth	-57.60%	-15.24%	-66.11%	-35.56%	-9.70%
Free Cash Flow	23.46	-36.99	-84.32	-142.7	-98.37
Free Cash Flow Per Share	0.64	-0.97	-2.31	-3.46	-2.65
Dividend Per Share	0.400	1.000	1.000	3.500	4.500
Dividend Growth	-60.00%	-	-71.43%	-22.22%	-
Gross Margin	31.53%	28.51%	32.10%	35.87%	38.35%
Operating Margin	-0.66%	-1.67%	-0.75%	6.29%	10.37%
Profit Margin	0.95%	2.82%	2.64%	9.91%	11.00%
Free Cash Flow Margin	1.33%	-2.03%	-4.75%	-7.75%	-5.02%
EBITDA	28.49	12.15	30.56	142.99	224.82
EBITDA Margin	1.62%	0.67%	1.72%	7.77%	11.47%
D&A For EBITDA	40.08	42.51	43.92	27.27	21.6
EBIT	-11.59	-30.36	-13.36	115.72	203.23
EBIT Margin	-0.66%	-1.67%	-0.75%	6.29%	10.37%
Effective Tax Rate	45.44%	-	12.52%	13.76%	17.12%

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