Advance Materials 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	432.1	375.63	331.46	403.34	618.32
Revenue Growth (YoY)	15.04%	13.32%	-17.82%	-34.77%	13.56%
Cost of Revenue	401.32	360.55	356.89	415.44	504.16
Gross Profit	30.78	15.08	-25.43	-12.1	114.16
Selling, General & Admin	71.44	72.98	79.46	83.07	91.2
Research & Development	14.82	16.12	17	16.8	17.23
Other Operating Expenses	-0.93	5.05	8.51	10.06	-0.86
Operating Expenses	85.15	94.4	104.97	109.06	107.04
Operating Income	-54.37	-79.32	-130.4	-121.16	7.12
Interest Expense	-0.46	-0.8	-1.42	-1.81	-2.25
Interest & Investment Income	18.7	22.82	21.01	17.98	5.61
Currency Exchange Gain (Loss)	6.11	6.11	2.1	16.93	-5.01
Other Non Operating Income (Expenses)	-178.2	-5.52	1.54	1.57	9.96
EBT Excluding Unusual Items	-208.22	-56.71	-107.17	-86.48	15.44
Gain (Loss) on Sale of Assets	164.84	164.84	-0.25	0	-0.04
Asset Writedown	4.07	4.07	-46.54	-	-
Other Unusual Items	2.13	2.13	0.07	-66.27	-
Pretax Income	-37.18	114.33	-153.88	-152.75	15.4
Income Tax Expense	2.22	49.92	-1.27	3.43	-0.75
Earnings From Continuing Operations	-39.4	64.41	-152.6	-156.18	16.15
Net Income to Company	-39.4	64.41	-152.6	-156.18	16.15
Minority Interest in Earnings	0.2	-9.3	2.53	13.55	4.33
Net Income	-39.2	55.11	-150.08	-142.63	20.48
Net Income to Common	-39.2	55.11	-150.08	-142.63	20.48
Shares Outstanding (Basic)	112	112	112	112	112
Shares Outstanding (Diluted)	112	112	112	112	112
Shares Change (YoY)	-	-	-	-	-0.41%
EPS (Basic)	-0.35	0.49	-1.34	-1.28	0.18
EPS (Diluted)	-0.35	0.49	-1.34	-1.28	0.18
Free Cash Flow	-54.19	-49.24	-171.48	48.95	-11.54
Free Cash Flow Per Share	-0.48	-0.44	-1.53	0.44	-0.10
Dividend Per Share	-	-	-	-	0.150
Gross Margin	7.12%	4.01%	-7.67%	-3.00%	18.46%
Operating Margin	-12.58%	-21.12%	-39.34%	-30.04%	1.15%
Profit Margin	-9.07%	14.67%	-45.28%	-35.36%	3.31%
Free Cash Flow Margin	-12.54%	-13.11%	-51.73%	12.14%	-1.87%
EBITDA	-40.93	-59.54	-88.97	-73.06	54.49
EBITDA Margin	-9.47%	-15.85%	-26.84%	-18.11%	8.81%
D&A For EBITDA	13.44	19.78	41.42	48.09	47.38
EBIT	-54.37	-79.32	-130.4	-121.16	7.12
EBIT Margin	-12.58%	-21.12%	-39.34%	-30.04%	1.15%
Effective Tax Rate	-	43.66%	-	-	-

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