Skardin Industrial 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	76.7	278.73	781.76	1,166	1,041
Revenue Growth (YoY)	-72.48%	-64.34%	-32.98%	12.09%	2.67%
Cost of Revenue	105.82	248.44	582.77	919.68	831.11
Gross Profit	-29.11	30.29	198.98	246.72	209.49
Selling, General & Admin	142.62	170.69	197.95	194.39	192.9
Research & Development	17.79	63.26	95.14	95.29	97.29
Operating Expenses	47.63	237.25	425.18	292.44	290.35
Operating Income	-76.74	-206.96	-226.2	-45.72	-80.86
Interest Expense	-8.65	-11.49	-9.04	-1.88	-1.25
Interest & Investment Income	18.19	21.96	14.62	4.27	2.29
Currency Exchange Gain (Loss)	-36.91	40.4	11.36	50.52	-6.8
Other Non Operating Income (Expenses)	7.3	7.62	17.44	11.62	6.56
EBT Excluding Unusual Items	-96.81	-148.47	-191.81	18.81	-80.06
Gain (Loss) on Sale of Investments	21.5	16.22	7.42	-11.41	2.29
Gain (Loss) on Sale of Assets	-0.91	-1.18	0.06	-	0.11
Asset Writedown	-4.01	-22.02	-	-	-1.15
Other Unusual Items	-	4.21	0.1	-	-
Pretax Income	-80.24	-151.24	-184.23	7.4	-78.82
Income Tax Expense	1.53	6.3	-	3.18	0.75
Net Income	-81.78	-157.54	-184.23	4.22	-79.57
Net Income to Common	-81.78	-157.54	-184.23	4.22	-79.57
Shares Outstanding (Basic)	74	61	61	61	61
Shares Outstanding (Diluted)	74	61	61	61	61
Shares Change (YoY)	20.15%	0.54%	0.40%	-	-
EPS (Basic)	-1.11	-2.56	-3.01	0.07	-1.31
EPS (Diluted)	-1.11	-2.56	-3.01	0.07	-1.31
Free Cash Flow	52.6	-100.85	-50.27	-164.64	110.49
Free Cash Flow Per Share	0.71	-1.64	-0.82	-2.70	1.81
Gross Margin	-37.96%	10.87%	25.45%	21.15%	20.13%
Operating Margin	-100.06%	-74.25%	-28.93%	-3.92%	-7.77%
Profit Margin	-106.61%	-56.52%	-23.57%	0.36%	-7.65%
Free Cash Flow Margin	68.58%	-36.18%	-6.43%	-14.12%	10.62%
EBITDA	-41.75	-179.55	-201.46	-23.64	-59.64
EBITDA Margin	-54.43%	-64.42%	-25.77%	-2.03%	-5.73%
D&A For EBITDA	35	27.41	24.74	22.08	21.22
EBIT	-76.74	-206.96	-226.2	-45.72	-80.86
EBIT Margin	-100.06%	-74.25%	-28.93%	-3.92%	-7.77%
Effective Tax Rate	-	-	-	42.97%	-

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