Alliance Material 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	499.41	166.53	222.55	380.17	568.32
Revenue Growth (YoY)	199.90%	-25.17%	-41.46%	-33.11%	0.29%
Cost of Revenue	205.96	136.63	155.27	284.16	431.9
Gross Profit	293.46	29.9	67.28	96	136.42
Selling, General & Admin	60.25	39.07	38.34	49.74	57.1
Research & Development	58.22	26.93	23.8	24.53	23.17
Operating Expenses	118.47	65.99	62.14	74.27	80.28
Operating Income	174.98	-36.1	5.14	21.73	56.14
Interest Expense	-1.32	-3.74	-0.3	-0.92	-1.91
Interest & Investment Income	2.84	3.36	2.57	0.58	0.59
Earnings From Equity Investments	-	-	-	-	-0.01
Currency Exchange Gain (Loss)	-0.57	1.25	0.46	8.9	0.13
Other Non Operating Income (Expenses)	0.03	0.4	1.4	0.43	1.43
EBT Excluding Unusual Items	175.96	-34.82	9.28	30.71	56.38
Gain (Loss) on Sale of Investments	-	0.13	-	-	-
Gain (Loss) on Sale of Assets	-0.43	0.54	-0.24	0.03	0.18
Asset Writedown	-1.93	-	-1.75	-	-
Other Unusual Items	-	0	0.23	0.01	0.16
Pretax Income	173.6	-34.15	7.52	30.76	56.71
Income Tax Expense	28.7	0.19	2.75	2.86	3.93
Net Income	144.9	-34.34	4.77	27.89	52.79
Net Income to Common	144.9	-34.34	4.77	27.89	52.79
Net Income Growth	-	-	-82.90%	-47.16%	40.56%
Shares Outstanding (Basic)	33	27	27	27	23
Shares Outstanding (Diluted)	33	27	27	27	24
Shares Change (YoY)	22.02%	-0.88%	0.74%	11.30%	3.19%
EPS (Basic)	4.41	-1.28	0.18	1.05	2.26
EPS (Diluted)	4.41	-1.28	0.18	1.03	2.18
EPS Growth	-	-	-82.92%	-52.75%	36.25%
Free Cash Flow	163.33	-72.96	-44.45	-36.89	-120.21
Free Cash Flow Per Share	4.97	-2.71	-1.64	-1.37	-4.96
Dividend Per Share	1.000	-	0.400	0.600	1.800
Dividend Growth	-	-	-33.33%	-66.67%	28.57%
Gross Margin	58.76%	17.95%	30.23%	25.25%	24.00%
Operating Margin	35.04%	-21.68%	2.31%	5.72%	9.88%
Profit Margin	29.01%	-20.62%	2.14%	7.34%	9.29%
Free Cash Flow Margin	32.70%	-43.81%	-19.97%	-9.70%	-21.15%
EBITDA	192.56	-24.15	13.19	31.11	65.24
EBITDA Margin	38.56%	-14.50%	5.93%	8.18%	11.48%
D&A For EBITDA	17.58	11.94	8.06	9.38	9.1
EBIT	174.98	-36.1	5.14	21.73	56.14
EBIT Margin	35.04%	-21.68%	2.31%	5.72%	9.88%
Effective Tax Rate	16.53%	-	36.57%	9.31%	6.93%

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