ETREND Hightech 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	281.06	314.52	399.51	368.37	438.04
Revenue Growth (YoY)	-10.64%	-21.27%	8.45%	-15.90%	13.27%
Cost of Revenue	192.04	198.04	224.26	229.86	259.04
Gross Profit	89.02	116.49	175.26	138.52	179
Selling, General & Admin	39.16	41.46	44.7	41.08	46.92
Research & Development	7.4	6.33	6.85	6.31	9.36
Operating Expenses	46.56	47.78	51.55	47.38	56.28
Operating Income	42.46	68.7	123.7	91.13	122.72
Interest Expense	-0.05	-0.07	-0.56	-1.08	-0.28
Interest & Investment Income	2.3	5.43	3.19	4.96	6.39
Currency Exchange Gain (Loss)	-0.16	4.05	-0.72	2.89	-0.02
Other Non Operating Income (Expenses)	0.73	0.76	0.72	1.34	0.21
EBT Excluding Unusual Items	45.28	78.86	126.34	99.24	129.02
Gain (Loss) on Sale of Assets	-	-	-	-	0.23
Other Unusual Items	-	-	-	0	-
Pretax Income	45.28	78.86	126.34	99.24	129.25
Income Tax Expense	9.13	15.51	24.29	19.11	24.47
Net Income	36.15	63.35	102.05	80.14	104.78
Net Income to Common	36.15	63.35	102.05	80.14	104.78
Net Income Growth	-42.94%	-37.92%	27.34%	-23.52%	31.38%
Shares Outstanding (Basic)	34	34	34	34	34
Shares Outstanding (Diluted)	34	34	34	35	35
Shares Change (YoY)	-0.31%	-0.21%	-0.38%	-0.02%	-0.38%
EPS (Basic)	1.06	1.87	3.01	2.36	3.09
EPS (Diluted)	1.06	1.85	2.97	2.32	3.03
EPS Growth	-42.70%	-37.71%	28.02%	-23.43%	31.74%
Free Cash Flow	48.86	108.08	145.75	148.42	-62.75
Free Cash Flow Per Share	1.43	3.15	4.24	4.30	-1.82
Dividend Per Share	1.000	1.800	2.700	2.100	2.600
Dividend Growth	-44.44%	-33.33%	28.57%	-19.23%	30.00%
Gross Margin	31.67%	37.04%	43.87%	37.60%	40.86%
Operating Margin	15.11%	21.84%	30.96%	24.74%	28.02%
Profit Margin	12.86%	20.14%	25.54%	21.75%	23.92%
Free Cash Flow Margin	17.38%	34.36%	36.48%	40.29%	-14.32%
EBITDA	97.21	130.31	193.88	170.93	206.35
EBITDA Margin	34.59%	41.43%	48.53%	46.40%	47.11%
D&A For EBITDA	54.76	61.6	70.18	79.8	83.63
EBIT	42.46	68.7	123.7	91.13	122.72
EBIT Margin	15.11%	21.84%	30.96%	24.74%	28.02%
Effective Tax Rate	20.16%	19.67%	19.23%	19.25%	18.93%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.