LINE Pay 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	7,872	6,296	4,928	3,863	2,088
Revenue Growth (YoY)	25.03%	27.75%	27.58%	84.97%	81.66%
Cost of Revenue	5,299	4,310	3,405	2,553	1,398
Gross Profit	2,573	1,986	1,524	1,310	690.25
Selling, General & Admin	1,460	990.68	813.59	653.57	497.91
Research & Development	524.46	254.01	155.48	137.96	75.17
Operating Expenses	1,985	1,245	969.07	791.52	573.07
Operating Income	588.86	741.22	554.66	518.5	117.18
Interest Expense	-18.42	-8.05	-4.26	-1.48	-1.24
Interest & Investment Income	180.72	94.75	57.11	12.17	4.74
Earnings From Equity Investments	-	-	-	-	-49.87
Currency Exchange Gain (Loss)	-67.21	23.91	1.96	11.91	-5.39
Other Non Operating Income (Expenses)	3.61	17.02	-2.54	-0.36	-0.57
EBT Excluding Unusual Items	687.56	868.84	606.93	540.74	64.87
Gain (Loss) on Sale of Investments	-	-	-	-	53.02
Gain (Loss) on Sale of Assets	-1.21	0.77	0.27	-	-
Other Unusual Items	8.77	-	5.89	-	-
Pretax Income	695.12	869.61	613.09	540.74	117.88
Income Tax Expense	187.73	222.49	120.1	94.75	-28.83
Earnings From Continuing Operations	507.39	647.12	492.99	445.98	146.71
Minority Interest in Earnings	-	-	-11.38	-6.04	-
Net Income	507.39	647.12	481.61	439.95	146.71
Net Income to Common	507.39	647.12	481.61	439.95	146.71
Net Income Growth	-21.59%	34.37%	9.47%	199.87%	-
Shares Outstanding (Basic)	68	61	60	59	55
Shares Outstanding (Diluted)	70	63	61	59	55
Shares Change (YoY)	11.79%	3.99%	3.53%	7.07%	-
EPS (Basic)	7.46	10.67	8.09	7.51	2.68
EPS (Diluted)	7.20	10.26	7.94	7.51	2.68
EPS Growth	-29.83%	29.22%	5.73%	180.22%	-
Free Cash Flow	-28.08	2,627	-1,235	1,812	-1,731
Free Cash Flow Per Share	-0.40	41.66	-20.37	30.94	-31.63
Dividend Per Share	1.500	1.500	-	-	-
Gross Margin	32.69%	31.54%	30.92%	33.91%	33.05%
Operating Margin	7.48%	11.77%	11.25%	13.42%	5.61%
Profit Margin	6.44%	10.28%	9.77%	11.39%	7.03%
Free Cash Flow Margin	-0.36%	41.73%	-25.06%	46.92%	-82.86%
EBITDA	677.97	793.35	601.63	554.65	142.1
EBITDA Margin	8.61%	12.60%	12.21%	14.36%	6.80%
D&A For EBITDA	89.11	52.14	46.97	36.15	24.92
EBIT	588.86	741.22	554.66	518.5	117.18
EBIT Margin	7.48%	11.77%	11.25%	13.42%	5.61%
Effective Tax Rate	27.01%	25.59%	19.59%	17.52%	-

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