Solteam Incorporation 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	4,631	4,351	3,414	5,977	6,912
Revenue Growth (YoY)	6.42%	27.47%	-42.88%	-13.53%	48.40%
Cost of Revenue	3,472	3,230	2,695	4,803	5,380
Gross Profit	1,158	1,122	719.09	1,174	1,532
Selling, General & Admin	476.71	538.41	407.74	498.06	607.81
Research & Development	265.02	249.35	196.16	266.47	269.65
Operating Expenses	741.73	787.77	603.9	764.52	875.3
Operating Income	416.68	333.78	115.19	409.19	656.43
Interest Expense	-20.12	-25.48	-41.84	-26.65	-16.13
Interest & Investment Income	61.5	78.91	78.83	14.27	2.65
Currency Exchange Gain (Loss)	-6.01	23.96	22.54	13.62	1.48
Other Non Operating Income (Expenses)	21.67	19.84	8.45	5.13	4.63
EBT Excluding Unusual Items	473.72	431.01	183.17	415.56	649.06
Gain (Loss) on Sale of Assets	-1.37	-0.09	-3.95	-9.05	-3.86
Pretax Income	472.35	430.92	179.22	406.51	645.2
Income Tax Expense	138.91	114.61	63.25	60.57	78.69
Earnings From Continuing Operations	333.44	316.32	115.97	345.94	566.5
Minority Interest in Earnings	1.68	-0.67	-0.61	7.31	2.29
Net Income	335.12	315.65	115.36	353.25	568.79
Net Income to Common	335.12	315.65	115.36	353.25	568.79
Net Income Growth	6.17%	173.62%	-67.34%	-37.89%	56.93%
Shares Outstanding (Basic)	78	76	74	70	70
Shares Outstanding (Diluted)	85	85	85	75	73
Shares Change (YoY)	0.95%	-0.72%	13.53%	2.60%	3.86%
EPS (Basic)	4.27	4.17	1.55	5.07	8.16
EPS (Diluted)	3.98	3.80	1.43	4.76	7.82
EPS Growth	4.56%	165.22%	-69.91%	-39.07%	51.83%
Free Cash Flow	289.82	225.52	523.47	448.14	206.88
Free Cash Flow Per Share	3.40	2.67	6.15	5.98	2.83
Dividend Per Share	2.500	2.440	1.200	2.500	4.100
Dividend Growth	2.46%	103.33%	-52.00%	-39.02%	28.13%
Gross Margin	25.01%	25.77%	21.07%	19.64%	22.16%
Operating Margin	9.00%	7.67%	3.37%	6.85%	9.50%
Profit Margin	7.24%	7.25%	3.38%	5.91%	8.23%
Free Cash Flow Margin	6.26%	5.18%	15.33%	7.50%	2.99%
EBITDA	516.57	438.36	222.75	532.06	783.59
EBITDA Margin	11.15%	10.07%	6.53%	8.90%	11.34%
D&A For EBITDA	99.89	104.58	107.56	122.87	127.17
EBIT	416.68	333.78	115.19	409.19	656.43
EBIT Margin	9.00%	7.67%	3.37%	6.85%	9.50%
Effective Tax Rate	29.41%	26.60%	35.29%	14.90%	12.20%

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