Amax Holding 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	6,987	5,492	6,077	6,749	5,212
Revenue Growth (YoY)	27.21%	-9.62%	-9.95%	29.48%	52.79%
Cost of Revenue	6,115	4,752	5,087	5,913	4,560
Gross Profit	872.18	739.9	990.22	836.23	652.26
Selling, General & Admin	472.99	476.32	530.59	432.76	379.6
Research & Development	156.8	130.16	131.79	123.33	111.57
Operating Expenses	629.8	606.48	662.38	556.09	491.18
Operating Income	242.38	133.42	327.84	280.14	161.08
Interest Expense	-17.36	-22.04	-21.81	-19.76	-17.18
Interest & Investment Income	24.43	42.88	2.37	0.54	0.75
Currency Exchange Gain (Loss)	2.59	-2.9	1.63	-24.63	-2.14
Other Non Operating Income (Expenses)	18.5	27.77	1.3	11.18	11.81
EBT Excluding Unusual Items	270.55	179.13	311.31	247.47	154.33
Gain (Loss) on Sale of Investments	0.54	0.54	0.99	0.47	-
Gain (Loss) on Sale of Assets	-0.12	-0.2	-0.28	-1.51	-0.21
Other Unusual Items	-	0.5	0.22	0.76	109.64
Pretax Income	270.97	179.97	312.23	247.18	263.76
Income Tax Expense	57.97	16.06	58.75	62.66	14.05
Net Income	213	163.91	253.48	184.52	249.71
Net Income to Common	213	163.91	253.48	184.52	249.71
Net Income Growth	29.95%	-35.34%	37.37%	-26.10%	-
Shares Outstanding (Basic)	42	42	37	36	36
Shares Outstanding (Diluted)	43	43	38	36	36
Shares Change (YoY)	-0.06%	13.42%	5.89%	-0.03%	-0.09%
EPS (Basic)	5.04	3.94	6.88	5.10	6.90
EPS (Diluted)	4.91	3.77	6.62	5.10	6.90
EPS Growth	30.24%	-43.05%	29.80%	-26.09%	-
Free Cash Flow	-1,076	1,060	232.3	295.49	-289.07
Free Cash Flow Per Share	-24.79	24.39	6.06	8.17	-7.99
Dividend Per Share	2.500	2.000	2.970	2.460	-
Dividend Growth	25.00%	-32.66%	20.73%	-	-
Gross Margin	12.48%	13.47%	16.29%	12.39%	12.51%
Operating Margin	3.47%	2.43%	5.39%	4.15%	3.09%
Profit Margin	3.05%	2.98%	4.17%	2.73%	4.79%
Free Cash Flow Margin	-15.41%	19.30%	3.82%	4.38%	-5.55%
EBITDA	260.42	152.18	341.12	294.37	174.02
EBITDA Margin	3.73%	2.77%	5.61%	4.36%	3.34%
D&A For EBITDA	18.04	18.76	13.29	14.23	12.94
EBIT	242.38	133.42	327.84	280.14	161.08
EBIT Margin	3.47%	2.43%	5.39%	4.15%	3.09%
Effective Tax Rate	21.39%	8.92%	18.82%	25.35%	5.33%

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