Tigerair Taiwan 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	16,899	16,423	12,468	1,315	244.23
Revenue Growth (YoY)	2.90%	31.72%	848.29%	438.37%	-87.01%
Cost of Revenue	12,224	11,280	9,031	3,693	2,695
Gross Profit	4,675	5,143	3,437	-2,378	-2,450
Selling, General & Admin	1,468	1,468	1,069	428.25	328.7
Other Operating Expenses	0.06	-	-	-	-
Operating Expenses	1,468	1,468	1,069	428.24	328.86
Operating Income	3,208	3,675	2,368	-2,806	-2,779
Interest Expense	-331.3	-297.57	-243.66	-240.24	-203.27
Interest & Investment Income	395.46	315.75	134.27	26.62	6.6
Currency Exchange Gain (Loss)	-	-227.06	-11.03	-582.46	100.22
Other Non Operating Income (Expenses)	-185.18	39.29	40.03	26.01	54.5
Pretax Income	3,087	3,505	2,288	-3,577	-2,821
Income Tax Expense	619.55	733.56	461.19	-726.72	-551.87
Net Income	2,467	2,772	1,827	-2,850	-2,269
Net Income to Common	2,467	2,772	1,827	-2,850	-2,269
Net Income Growth	-10.99%	51.73%	-	-	-
Shares Outstanding (Basic)	459	450	428	400	316
Shares Outstanding (Diluted)	460	451	429	400	316
Shares Change (YoY)	2.14%	5.10%	7.19%	26.65%	48.63%
EPS (Basic)	5.37	6.16	4.27	-7.12	-7.19
EPS (Diluted)	5.36	6.15	4.26	-7.12	-7.19
EPS Growth	-12.85%	44.37%	-	-	-
Free Cash Flow	4,202	6,788	5,559	639.05	-1,626
Free Cash Flow Per Share	9.13	15.06	12.97	1.60	-5.15
Dividend Per Share	-	6.050	-	-	-
Gross Margin	27.67%	31.31%	27.57%	-180.88%	-
Operating Margin	18.98%	22.38%	19.00%	-213.45%	-1138.01%
Profit Margin	14.60%	16.88%	14.65%	-216.74%	-929.22%
Free Cash Flow Margin	24.87%	41.34%	44.59%	48.60%	-665.77%
EBITDA	5,290	3,855	2,580	-2,583	-2,599
EBITDA Margin	31.30%	23.47%	20.69%	-196.43%	-
D&A For EBITDA	2,082	179.97	211.33	223.79	180.24
EBIT	3,208	3,675	2,368	-2,806	-2,779
EBIT Margin	18.98%	22.38%	19.00%	-213.45%	-
Effective Tax Rate	20.07%	20.93%	20.16%	-	-
Advertising Expenses	-	116.58	-	-	-

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