ASRock Rack Incorporation Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	21,527	8,799	2,705	3,205	3,165
Revenue Growth (YoY)	279.36%	225.32%	-15.62%	1.29%	-
Cost of Revenue	19,652	7,295	1,981	2,387	2,495
Gross Profit	1,875	1,504	723.64	818.39	670.15
Selling, General & Admin	296.15	210.93	146.88	135.38	160.61
Research & Development	770.68	735.35	584.57	542.59	431.41
Operating Expenses	1,079	948.31	731.42	678.65	591.47
Operating Income	796.2	555.31	-7.78	139.74	78.68
Interest Expense	-10.21	-1.62	-0.69	-0.25	-0.23
Interest & Investment Income	38.35	49.28	22.76	5.24	1.52
Currency Exchange Gain (Loss)	75.03	17.22	-12.22	6.52	-2.2
Other Non Operating Income (Expenses)	6.19	11.16	7.81	5.86	5.6
Pretax Income	905.56	631.34	9.88	157.1	83.37
Income Tax Expense	175.52	126.27	1.98	19.58	16.67
Net Income	730.03	505.07	7.91	137.52	66.69
Net Income to Common	730.03	505.07	7.91	137.52	66.69
Net Income Growth	86.87%	6287.64%	-94.25%	106.21%	-
Shares Outstanding (Basic)	60	60	59	52	51
Shares Outstanding (Diluted)	61	61	59	53	51
Shares Change (YoY)	-0.82%	3.25%	12.93%	3.00%	-
EPS (Basic)	12.08	8.36	0.13	2.66	1.32
EPS (Diluted)	11.89	8.25	0.13	2.62	1.31
EPS Growth	88.33%	6246.15%	-95.04%	100.00%	-
Free Cash Flow	-433.2	-486.36	198.6	290.97	-343.41
Free Cash Flow Per Share	-7.05	-7.94	3.35	5.54	-6.73
Dividend Per Share	4.000	4.000	-	1.141	-
Gross Margin	8.71%	17.09%	26.76%	25.53%	21.18%
Operating Margin	3.70%	6.31%	-0.29%	4.36%	2.49%
Profit Margin	3.39%	5.74%	0.29%	4.29%	2.11%
Free Cash Flow Margin	-2.01%	-5.53%	7.34%	9.08%	-10.85%
EBITDA	809.03	568.17	11.91	163.42	97.32
EBITDA Margin	3.76%	6.46%	0.44%	5.10%	3.08%
D&A For EBITDA	12.83	12.87	19.69	23.68	18.64
EBIT	796.2	555.31	-7.78	139.74	78.68
EBIT Margin	3.70%	6.31%	-0.29%	4.36%	2.49%
Effective Tax Rate	19.38%	20.00%	20.00%	12.46%	20.00%
Advertising Expenses	-	-	-	5.13	-

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