PixArt Imaging 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	2015 - 2019
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	2015 - 2019
Revenue	9,143	8,362	5,845	5,226	8,801	8,148	Upgrade
Revenue Growth (YoY)	16.80%	43.08%	11.84%	-40.62%	8.01%	34.12%	Upgrade
Cost of Revenue	3,488	3,175	2,478	2,406	3,778	3,430	Upgrade
Gross Profit	5,655	5,187	3,366	2,820	5,023	4,718	Upgrade
Selling, General & Admin	978.73	1,037	857.26	903.39	1,028	946.38	Upgrade
Research & Development	2,665	2,423	1,806	1,912	2,170	1,923	Upgrade
Other Operating Expenses	-	-32.4	-11	-	-	-	Upgrade
Operating Expenses	3,643	3,429	2,658	2,810	3,190	2,880	Upgrade
Operating Income	2,013	1,758	708.45	10.65	1,832	1,839	Upgrade
Interest Expense	-5.09	-4.67	-3.72	-4.79	-7.08	-5.57	Upgrade
Interest & Investment Income	278.15	262.52	265.33	197.43	124.85	68.89	Upgrade
Earnings From Equity Investments	-53.97	-66.85	-89.21	-84.09	-22.16	18.17	Upgrade
Currency Exchange Gain (Loss)	-80.1	126.62	3.07	177.37	-19.49	-131.7	Upgrade
Other Non Operating Income (Expenses)	6.94	6.15	5.35	6.73	13.54	8.14	Upgrade
EBT Excluding Unusual Items	2,159	2,081	889.27	303.29	1,922	1,796	Upgrade
Gain (Loss) on Sale of Investments	2.31	-34.46	-3.96	-8.98	3.63	-19.68	Upgrade
Gain (Loss) on Sale of Assets	-0.01	0.16	-0.01	800.44	0.08	-0.03	Upgrade
Pretax Income	2,161	2,047	885.31	1,095	1,926	1,777	Upgrade
Income Tax Expense	280.86	253.44	85.91	56.78	349.63	338.08	Upgrade
Earnings From Continuing Operations	1,880	1,794	799.4	1,038	1,576	1,439	Upgrade
Minority Interest in Earnings	31.4	21.83	-	12.8	-0.17	17.96	Upgrade
Net Income	1,912	1,815	799.4	1,051	1,576	1,457	Upgrade
Net Income to Common	1,912	1,815	799.4	1,051	1,576	1,457	Upgrade
Net Income Growth	24.57%	127.10%	-23.92%	-33.32%	8.19%	74.32%	Upgrade
Shares Outstanding (Basic)	146	145	143	142	139	137	Upgrade
Shares Outstanding (Diluted)	151	149	147	145	144	142	Upgrade
Shares Change (YoY)	2.10%	1.71%	0.88%	0.58%	1.64%	2.17%	Upgrade
EPS (Basic)	13.09	12.52	5.57	7.41	11.32	10.60	Upgrade
EPS (Diluted)	12.68	12.18	5.45	7.23	10.91	10.25	Upgrade
EPS Growth	22.01%	123.49%	-24.62%	-33.73%	6.44%	70.55%	Upgrade
Free Cash Flow	2,694	2,361	1,244	218.07	2,659	1,535	Upgrade
Free Cash Flow Per Share	17.86	15.84	8.49	1.50	18.40	10.80	Upgrade
Dividend Per Share	10.002	10.002	4.500	6.000	8.998	8.480	Upgrade
Dividend Growth	122.26%	122.26%	-25.00%	-33.32%	6.11%	65.30%	Upgrade
Gross Margin	61.85%	62.03%	57.60%	53.97%	57.07%	57.91%	Upgrade
Operating Margin	22.02%	21.02%	12.12%	0.20%	20.82%	22.56%	Upgrade
Profit Margin	20.91%	21.71%	13.68%	20.11%	17.91%	17.88%	Upgrade
Free Cash Flow Margin	29.46%	28.24%	21.29%	4.17%	30.21%	18.84%	Upgrade
EBITDA	2,255	1,950	891.1	210.04	2,099	2,078	Upgrade
EBITDA Margin	24.66%	23.32%	15.25%	4.02%	23.85%	25.50%	Upgrade
D&A For EBITDA	241.9	192.55	182.65	199.39	266.26	239.07	Upgrade
EBIT	2,013	1,758	708.45	10.65	1,832	1,839	Upgrade
EBIT Margin	22.02%	21.02%	12.12%	0.20%	20.82%	22.56%	Upgrade
Effective Tax Rate	13.00%	12.38%	9.70%	5.19%	18.16%	19.03%	Upgrade

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