TPEX:3438 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	1,011	963.37	879.69	1,036	1,576
Revenue Growth (YoY)	4.92%	9.51%	-15.09%	-34.28%	23.22%
Cost of Revenue	668.69	596.02	607.21	681.33	910.42
Gross Profit	342.1	367.35	272.48	354.65	665.92
Selling, General & Admin	76.48	73.49	73.55	81.18	66.03
Research & Development	243.12	255.35	223.9	230.75	262.3
Operating Expenses	319.6	328.84	297.45	311.94	355.56
Operating Income	22.5	38.51	-24.97	42.71	310.36
Interest Expense	-0.03	-0.04	-0.1	-0.24	-0.64
Interest & Investment Income	10.68	14.16	12.2	8.65	3.43
Currency Exchange Gain (Loss)	-	20.81	7.33	71.92	-18.01
Other Non Operating Income (Expenses)	15.47	6.99	3.83	3.31	3.39
EBT Excluding Unusual Items	48.62	80.44	-1.72	126.35	298.53
Gain (Loss) on Sale of Investments	-	-	-	-	-1.75
Gain (Loss) on Sale of Assets	-	0	-	0.01	0.01
Pretax Income	48.62	80.44	-1.72	126.36	296.79
Income Tax Expense	1.54	9.17	-1.77	18.3	54.3
Net Income	47.09	71.27	0.04	108.06	242.48
Net Income to Common	47.09	71.27	0.04	108.06	242.48
Net Income Growth	-33.93%	169600.00%	-99.96%	-55.44%	121.95%
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	48	47	47	48	48
Shares Change (YoY)	0.36%	0.33%	-1.00%	-0.21%	-18.27%
EPS (Basic)	1.00	1.51	0.00	2.29	5.14
EPS (Diluted)	0.99	1.50	0.00	2.26	5.07
EPS Growth	-34.00%	168628.91%	-99.96%	-55.42%	171.12%
Free Cash Flow	67.98	188.55	204.46	22.58	127.01
Free Cash Flow Per Share	1.43	3.98	4.33	0.47	2.66
Dividend Per Share	-	1.500	0.500	1.400	3.600
Dividend Growth	-	200.00%	-64.29%	-61.11%	140.00%
Gross Margin	33.84%	38.13%	30.98%	34.23%	42.24%
Operating Margin	2.23%	4.00%	-2.84%	4.12%	19.69%
Profit Margin	4.66%	7.40%	0.01%	10.43%	15.38%
Free Cash Flow Margin	6.73%	19.57%	23.24%	2.18%	8.06%
EBITDA	74.66	73.65	14.79	82.8	346.46
EBITDA Margin	7.39%	7.65%	1.68%	7.99%	21.98%
D&A For EBITDA	52.15	35.14	39.76	40.09	36.09
EBIT	22.5	38.51	-24.97	42.71	310.36
EBIT Margin	2.23%	4.00%	-2.84%	4.12%	19.69%
Effective Tax Rate	3.16%	11.39%	-	14.48%	18.30%

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