Top Bright 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	2,913	2,039	1,849	2,309	2,660
Revenue Growth (YoY)	42.88%	10.27%	-19.95%	-13.17%	12.65%
Cost of Revenue	1,626	1,153	1,080	1,247	1,274
Gross Profit	1,287	885.81	768.81	1,062	1,386
Selling, General & Admin	415.58	243.77	220.51	188.42	223.84
Research & Development	196.83	174.57	144.68	126.3	145.54
Operating Expenses	611.36	417.45	368.21	305.73	367.59
Operating Income	675.21	468.36	400.6	756.24	1,018
Interest Expense	-28.36	-4.53	-9.31	-9.08	-9.61
Interest & Investment Income	180.89	204.06	270.05	124.14	49.47
Earnings From Equity Investments	-	-	0.64	-0.6	0.59
Currency Exchange Gain (Loss)	-	48.33	26.29	152.07	-46.7
Other Non Operating Income (Expenses)	-8.3	16.67	19.93	8.26	-0.73
EBT Excluding Unusual Items	819.44	732.89	708.19	1,031	1,011
Gain (Loss) on Sale of Investments	-	9.86	0.52	-1.63	-
Gain (Loss) on Sale of Assets	-	-0.09	-0.5	-0.73	4.81
Other Unusual Items	-	-	-	-	34.13
Pretax Income	819.44	742.66	708.21	1,029	1,050
Income Tax Expense	162.42	146.19	137.21	111.66	253.52
Earnings From Continuing Operations	657.02	596.47	571	917.01	796.42
Minority Interest in Earnings	-239	-134.24	-146.53	-100.36	-63.23
Net Income	418.02	462.23	424.47	816.64	733.19
Net Income to Common	418.02	462.23	424.47	816.64	733.19
Net Income Growth	-9.56%	8.89%	-48.02%	11.38%	15.24%
Shares Outstanding (Basic)	41	41	41	41	41
Shares Outstanding (Diluted)	41	42	41	44	44
Shares Change (YoY)	-0.61%	0.17%	-5.33%	-1.04%	0.35%
EPS (Basic)	10.13	11.14	10.23	19.69	17.68
EPS (Diluted)	10.12	11.12	10.23	18.77	16.70
EPS Growth	-8.99%	8.68%	-45.48%	12.36%	14.39%
Free Cash Flow	-14.2	205.7	115.02	811.93	803.58
Free Cash Flow Per Share	-0.34	4.95	2.77	18.53	18.15
Dividend Per Share	-	8.062	4.000	2.500	10.000
Dividend Growth	-	101.55%	60.00%	-75.00%	-
Gross Margin	44.17%	43.45%	41.59%	45.99%	52.10%
Operating Margin	23.18%	22.98%	21.67%	32.75%	38.28%
Profit Margin	14.35%	22.68%	22.96%	35.37%	27.57%
Free Cash Flow Margin	-0.49%	10.09%	6.22%	35.16%	30.21%
EBITDA	836.37	542.8	459.77	802.76	1,062
EBITDA Margin	28.72%	26.63%	24.87%	34.76%	39.95%
D&A For EBITDA	161.16	74.44	59.17	46.52	44.39
EBIT	675.21	468.36	400.6	756.24	1,018
EBIT Margin	23.18%	22.98%	21.67%	32.75%	38.28%
Effective Tax Rate	19.82%	19.68%	19.37%	10.85%	24.15%

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