T-Flex Techvest PCB 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	505.1	893.95	1,290	1,332	1,623
Revenue Growth (YoY)	-43.50%	-30.68%	-3.17%	-17.92%	29.22%
Cost of Revenue	512.34	925.73	1,236	1,228	1,519
Gross Profit	-7.24	-31.78	53.72	104.39	103.8
Selling, General & Admin	92.02	102.37	76.76	78.01	94.29
Operating Expenses	91.6	101.86	72.17	82.94	90.55
Operating Income	-98.84	-133.64	-18.46	21.45	13.25
Interest Expense	-2.2	-3.19	-4.33	-3.07	-5.04
Interest & Investment Income	2.51	2.93	3.69	1.23	0.5
Earnings From Equity Investments	68.63	43.63	63.11	51.41	71.79
Currency Exchange Gain (Loss)	-3.57	3.97	-0.18	7.85	2.94
Other Non Operating Income (Expenses)	6.68	31.27	4.05	6.26	13.04
EBT Excluding Unusual Items	-26.78	-55.03	47.89	85.13	96.48
Gain (Loss) on Sale of Assets	6.07	5.41	0.09	1.12	0.15
Pretax Income	-20.71	-49.62	47.98	86.25	96.63
Income Tax Expense	-	0.61	1.08	14.9	5.45
Earnings From Continuing Operations	-20.71	-50.23	46.9	71.36	91.18
Minority Interest in Earnings	35.35	40.6	7.92	-10.97	-9
Net Income	14.64	-9.63	54.82	60.39	82.18
Net Income to Common	14.64	-9.63	54.82	60.39	82.18
Net Income Growth	-	-	-9.24%	-26.51%	539.96%
Shares Outstanding (Basic)	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70
Shares Change (YoY)	0.07%	-0.25%	-0.23%	0.08%	0.40%
EPS (Basic)	0.21	-0.14	0.79	0.87	1.18
EPS (Diluted)	0.21	-0.14	0.78	0.86	1.17
EPS Growth	-	-	-9.30%	-26.50%	550.00%
Free Cash Flow	-95.48	-11.4	-37.75	55.64	-57.76
Free Cash Flow Per Share	-1.37	-0.16	-0.54	0.79	-0.82
Dividend Per Share	-	0.020	0.200	0.500	0.400
Dividend Growth	-	-90.00%	-60.00%	25.00%	-
Gross Margin	-1.43%	-3.55%	4.17%	7.84%	6.40%
Operating Margin	-19.57%	-14.95%	-1.43%	1.61%	0.82%
Profit Margin	2.90%	-1.08%	4.25%	4.53%	5.06%
Free Cash Flow Margin	-18.90%	-1.27%	-2.93%	4.18%	-3.56%
EBITDA	-44.73	-54.63	73.2	116.86	121.56
EBITDA Margin	-8.86%	-6.11%	5.68%	8.77%	7.49%
D&A For EBITDA	54.12	79.01	91.66	95.41	108.31
EBIT	-98.84	-133.64	-18.46	21.45	13.25
EBIT Margin	-19.57%	-14.95%	-1.43%	1.61%	0.82%
Effective Tax Rate	-	-	2.25%	17.27%	5.64%
Revenue as Reported	-	-	1,290	1,332	1,623

Source: S&P Global Market Intelligence. Standard template. Financial Sources.