ASRock Rack Incorporation 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	24,876	8,799	2,705	3,205	3,165
Revenue Growth (YoY)	182.72%	225.32%	-15.62%	1.29%	-
Cost of Revenue	22,752	7,295	1,981	2,387	2,495
Gross Profit	2,124	1,504	723.64	818.39	670.15
Selling, General & Admin	329.83	210.93	146.88	135.38	160.61
Research & Development	833.12	735.35	584.57	542.59	431.41
Operating Expenses	1,164	948.31	731.42	678.65	591.47
Operating Income	959.38	555.31	-7.78	139.74	78.68
Interest Expense	-12.84	-1.62	-0.69	-0.25	-0.23
Interest & Investment Income	41.1	49.28	22.76	5.24	1.52
Currency Exchange Gain (Loss)	-0.27	17.22	-12.22	6.52	-2.2
Other Non Operating Income (Expenses)	7.73	11.16	7.81	5.86	5.6
Pretax Income	995.1	631.34	9.88	157.1	83.37
Income Tax Expense	191.63	126.27	1.98	19.58	16.67
Net Income	803.48	505.07	7.91	137.52	66.69
Net Income to Common	803.48	505.07	7.91	137.52	66.69
Net Income Growth	59.08%	6287.64%	-94.25%	106.21%	-
Shares Outstanding (Basic)	62	60	59	52	51
Shares Outstanding (Diluted)	64	61	59	53	51
Shares Change (YoY)	4.05%	3.25%	12.93%	3.00%	-
EPS (Basic)	13.04	8.36	0.13	2.66	1.32
EPS (Diluted)	12.61	8.25	0.13	2.62	1.31
EPS Growth	52.85%	6246.15%	-95.04%	100.00%	-
Free Cash Flow	1,098	-486.36	198.6	290.97	-343.41
Free Cash Flow Per Share	17.23	-7.94	3.35	5.54	-6.73
Dividend Per Share	9.000	4.000	-	1.141	-
Dividend Growth	125.00%	-	-	-	-
Gross Margin	8.54%	17.09%	26.76%	25.53%	21.18%
Operating Margin	3.86%	6.31%	-0.29%	4.36%	2.49%
Profit Margin	3.23%	5.74%	0.29%	4.29%	2.11%
Free Cash Flow Margin	4.41%	-5.53%	7.34%	9.08%	-10.85%
EBITDA	972.32	568.17	11.91	163.42	97.32
EBITDA Margin	3.91%	6.46%	0.44%	5.10%	3.08%
D&A For EBITDA	12.94	12.87	19.69	23.68	18.64
EBIT	959.38	555.31	-7.78	139.74	78.68
EBIT Margin	3.86%	6.31%	-0.29%	4.36%	2.49%
Effective Tax Rate	19.26%	20.00%	20.00%	12.46%	20.00%
Advertising Expenses	-	-	-	5.13	-

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