Trust-Search Corp.,Ltd. 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	5.17	3.9	1.62	57.44	421.25	352.83
Revenue Growth (YoY)	210.76%	140.63%	-97.18%	-86.37%	19.39%	-24.50%
Cost of Revenue	-	0.28	1.11	57.01	415.11	346.2
Gross Profit	5.17	3.63	0.51	0.43	6.14	6.63
Selling, General & Admin	31.35	31.85	31.89	25.82	16.74	36.02
Research & Development	-	-	-	-	-	5.14
Operating Expenses	31.35	31.85	32.09	24.9	16.61	22.48
Operating Income	-26.18	-28.22	-31.57	-24.47	-10.47	-15.85
Interest Expense	-0.12	-0.15	-0.04	-0.09	-0.36	-2.13
Interest & Investment Income	2.57	2.65	3.45	1.2	0.69	0.67
Currency Exchange Gain (Loss)	-1.24	3.27	0.21	4.99	-0.86	0.29
Other Non Operating Income (Expenses)	2.21	-0.94	-1.9	3.59	1.6	0.55
EBT Excluding Unusual Items	-22.77	-23.39	-29.86	-14.78	-9.39	-16.46
Gain (Loss) on Sale of Investments	0.01	-	-	-	-	-1.58
Gain (Loss) on Sale of Assets	-	-	-	0.03	-	-9.78
Asset Writedown	-	-	-	-	-5.09	-13.12
Other Unusual Items	-	-	-	-	0.13	0.19
Pretax Income	-22.76	-23.39	-29.86	-14.76	-14.35	-40.76
Income Tax Expense	-	-0.01	-	-	-	3.33
Net Income	-22.76	-23.38	-29.86	-14.76	-14.35	-44.09
Net Income to Common	-22.76	-23.38	-29.86	-14.76	-14.35	-44.09
Shares Outstanding (Basic)	44	32	32	32	32	32
Shares Outstanding (Diluted)	44	32	32	32	32	32
Shares Change (YoY)	35.41%	-	-	-	-	-
EPS (Basic)	-0.52	-0.73	-0.93	-0.46	-0.45	-1.37
EPS (Diluted)	-0.52	-0.73	-0.93	-0.46	-0.45	-1.37
Free Cash Flow	37.93	-48.32	-26.62	14.03	38.7	135.12
Free Cash Flow Per Share	0.87	-1.50	-0.83	0.44	1.20	4.20
Gross Margin	100.00%	92.90%	31.63%	0.75%	1.46%	1.88%
Operating Margin	-506.32%	-723.14%	-1946.49%	-42.60%	-2.48%	-4.49%
Profit Margin	-440.20%	-599.05%	-1840.69%	-25.69%	-3.41%	-12.50%
Free Cash Flow Margin	733.42%	-1237.97%	-1641.43%	24.42%	9.19%	38.30%
EBITDA	-26.02	-27.27	-29.67	-21.39	-5.8	-6.51
EBITDA Margin	-	-	-	-37.24%	-1.38%	-1.85%
D&A For EBITDA	0.16	0.96	1.91	3.08	4.67	9.34
EBIT	-26.18	-28.22	-31.57	-24.47	-10.47	-15.85
EBIT Margin	-	-	-	-42.60%	-2.48%	-4.49%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.