Thunder Tiger 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	1,424	1,245	985.14	1,089	1,183
Revenue Growth (YoY)	14.37%	26.39%	-9.57%	-7.93%	30.27%
Cost of Revenue	892.42	716.15	594.13	676.2	747.21
Gross Profit	531.7	529	391.01	413.17	435.96
Selling, General & Admin	398.32	363.83	349.96	312.53	297.92
Research & Development	170.77	126.7	96.86	82.14	66
Operating Expenses	575.74	496.08	447.74	400.3	362.7
Operating Income	-44.04	32.92	-56.73	12.88	73.27
Interest Expense	-25.72	-20.03	-13.66	-10.54	-10.08
Interest & Investment Income	6.05	5.83	6.13	2.49	0.47
Earnings From Equity Investments	2.06	4.78	-4.46	0.35	-
Currency Exchange Gain (Loss)	-	15.65	-3.29	28.95	-5.2
Other Non Operating Income (Expenses)	146.64	65.4	47.16	2	-6.4
EBT Excluding Unusual Items	84.99	104.54	-24.84	36.13	52.07
Gain (Loss) on Sale of Assets	-	0.66	-	0.36	0.07
Other Unusual Items	-	-	0.49	-	-
Pretax Income	84.99	105.2	-24.34	36.49	52.13
Income Tax Expense	6.23	29.51	-0.89	12.05	26.28
Earnings From Continuing Operations	78.76	75.69	-23.45	24.44	25.85
Minority Interest in Earnings	8.88	-3.93	-2.42	-15.69	-3.68
Net Income	87.64	71.76	-25.87	8.75	22.18
Net Income to Common	87.64	71.76	-25.87	8.75	22.18
Net Income Growth	22.13%	-	-	-60.55%	638.00%
Shares Outstanding (Basic)	151	143	141	133	122
Shares Outstanding (Diluted)	151	143	141	133	122
Shares Change (YoY)	5.94%	1.36%	6.09%	8.28%	8.76%
EPS (Basic)	0.58	0.50	-0.18	0.07	0.18
EPS (Diluted)	0.58	0.50	-0.18	0.07	0.18
EPS Growth	16.00%	-	-	-63.35%	574.66%
Free Cash Flow	-280.53	0.09	-401.26	-52.11	-19.72
Free Cash Flow Per Share	-1.86	0.00	-2.85	-0.39	-0.16
Gross Margin	37.34%	42.48%	39.69%	37.93%	36.85%
Operating Margin	-3.09%	2.64%	-5.76%	1.18%	6.19%
Profit Margin	6.15%	5.76%	-2.63%	0.80%	1.87%
Free Cash Flow Margin	-19.70%	0.01%	-40.73%	-4.78%	-1.67%
EBITDA	76.87	89.51	0.54	62.1	118.06
EBITDA Margin	5.40%	7.19%	0.06%	5.70%	9.98%
D&A For EBITDA	120.91	56.6	57.28	49.22	44.79
EBIT	-44.04	32.92	-56.73	12.88	73.27
EBIT Margin	-3.09%	2.64%	-5.76%	1.18%	6.19%
Effective Tax Rate	7.33%	28.05%	-	33.02%	50.41%

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