Avertronics 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	860.48	738.2	611.24	1,046	1,065
Revenue Growth (YoY)	16.56%	20.77%	-41.58%	-1.72%	28.23%
Cost of Revenue	657.09	554.8	486.01	797.57	792.63
Gross Profit	203.39	183.39	125.23	248.75	272.05
Selling, General & Admin	144.83	137.79	125.28	151.81	154.15
Research & Development	4.72	5.69	6.8	6.8	7.29
Operating Expenses	149.55	143.48	132.08	158.61	161.31
Operating Income	53.85	39.92	-6.85	90.14	110.74
Interest Expense	-12.53	-7.33	-6.86	-5.56	-4.84
Interest & Investment Income	4.24	9.44	10.6	2.51	0.99
Currency Exchange Gain (Loss)	-	16.41	2.28	26.34	-3.39
Other Non Operating Income (Expenses)	-3.57	3.81	10.64	1.35	4.9
EBT Excluding Unusual Items	41.98	62.26	9.81	114.78	108.4
Gain (Loss) on Sale of Assets	-	1.01	0.38	0.02	-0.01
Pretax Income	41.98	63.26	10.19	114.8	108.39
Income Tax Expense	28.67	11.76	0.45	34.45	31.68
Net Income	13.32	51.51	9.74	80.35	76.7
Net Income to Common	13.32	51.51	9.74	80.35	76.7
Net Income Growth	-74.15%	428.66%	-87.87%	4.75%	76.46%
Shares Outstanding (Basic)	39	39	39	39	36
Shares Outstanding (Diluted)	39	39	39	43	38
Shares Change (YoY)	0.50%	0.32%	-9.38%	11.80%	12.18%
EPS (Basic)	0.34	1.32	0.25	2.06	2.10
EPS (Diluted)	0.34	1.32	0.25	1.91	2.02
EPS Growth	-74.24%	428.00%	-86.90%	-5.44%	58.94%
Free Cash Flow	-537.48	-17.04	128.03	52.88	35.99
Free Cash Flow Per Share	-13.72	-0.44	3.30	1.23	0.94
Dividend Per Share	-	0.850	0.300	1.700	1.700
Dividend Growth	-	183.33%	-82.35%	-	41.67%
Gross Margin	23.64%	24.84%	20.49%	23.77%	25.55%
Operating Margin	6.26%	5.41%	-1.12%	8.62%	10.40%
Profit Margin	1.55%	6.98%	1.59%	7.68%	7.20%
Free Cash Flow Margin	-62.46%	-2.31%	20.95%	5.05%	3.38%
EBITDA	77.87	60.73	17.45	113.89	132.47
EBITDA Margin	9.05%	8.23%	2.85%	10.88%	12.44%
D&A For EBITDA	24.02	20.81	24.3	23.75	21.73
EBIT	53.85	39.92	-6.85	90.14	110.74
EBIT Margin	6.26%	5.41%	-1.12%	8.62%	10.40%
Effective Tax Rate	68.28%	18.58%	4.40%	30.01%	29.23%

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