Taiwan Wax Company,Ltd. 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	111.7	231.19	392	482.01	500.46
Revenue Growth (YoY)	-51.69%	-41.02%	-18.67%	-3.69%	50.02%
Cost of Revenue	84.8	173.96	273.95	381.3	404.8
Gross Profit	26.9	57.23	118.05	100.72	95.67
Selling, General & Admin	48.87	64.99	60.49	72.31	67.82
Operating Expenses	113.97	145.07	69.28	235.89	81.11
Operating Income	-87.07	-87.83	48.78	-135.17	14.56
Interest Expense	-4.32	-30.07	-35.51	-13.6	-10.27
Interest & Investment Income	2.88	58.97	52.71	5.81	1.21
Earnings From Equity Investments	-	-	-	-0.02	-0.28
Currency Exchange Gain (Loss)	-	130.08	-27.25	30.74	-0.63
Other Non Operating Income (Expenses)	-16.29	8.54	0.84	-0.97	9.68
EBT Excluding Unusual Items	-104.8	79.69	39.56	-113.2	14.27
Gain (Loss) on Sale of Investments	-	3.35	9.17	-2.01	336.62
Gain (Loss) on Sale of Assets	-	-1.93	0.17	-0.44	58.17
Asset Writedown	-	2.44	-10.44	-5.71	-21.87
Other Unusual Items	-	-	-	0	-
Pretax Income	-104.8	83.54	38.46	-121.36	387.19
Income Tax Expense	-4.31	0.83	0.16	2.28	14.23
Net Income	-100.5	82.72	38.3	-123.64	372.96
Net Income to Common	-100.5	82.72	38.3	-123.64	372.96
Net Income Growth	-	115.96%	-	-	-
Shares Outstanding (Basic)	93	93	93	92	83
Shares Outstanding (Diluted)	93	93	93	92	83
Shares Change (YoY)	0.35%	0.01%	0.43%	10.88%	2.89%
EPS (Basic)	-1.08	0.89	0.41	-1.34	4.49
EPS (Diluted)	-1.08	0.89	0.41	-1.34	4.48
EPS Growth	-	117.07%	-	-	-
Free Cash Flow	406.89	266.52	105.11	-192.13	-748.48
Free Cash Flow Per Share	4.37	2.87	1.13	-2.08	-8.99
Dividend Per Share	-	-	-	-	0.174
Gross Margin	24.09%	24.75%	30.11%	20.89%	19.12%
Operating Margin	-77.95%	-37.99%	12.44%	-28.04%	2.91%
Profit Margin	-89.97%	35.78%	9.77%	-25.65%	74.52%
Free Cash Flow Margin	364.28%	115.28%	26.82%	-39.86%	-149.56%
EBITDA	-65.57	-72.42	63.37	-118.67	27.79
EBITDA Margin	-58.70%	-31.33%	16.17%	-24.62%	5.55%
D&A For EBITDA	21.51	15.41	14.6	16.5	13.23
EBIT	-87.07	-87.83	48.78	-135.17	14.56
EBIT Margin	-77.95%	-37.99%	12.44%	-28.04%	2.91%
Effective Tax Rate	-	0.99%	0.41%	-	3.67%

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