Ablerex Electronics 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	3,355	3,024	2,925	3,058	2,985
Revenue Growth (YoY)	10.95%	3.38%	-4.34%	2.45%	26.37%
Cost of Revenue	2,357	2,225	2,178	2,334	2,351
Gross Profit	997.91	799.08	747.44	723.88	634
Selling, General & Admin	547.01	509.47	461.21	435.54	398.79
Research & Development	196.59	188.97	170.98	165.06	157.54
Operating Expenses	747.42	699.99	636.72	602.72	556.02
Operating Income	250.49	99.09	110.72	121.16	77.98
Interest Expense	-10.99	-12.15	-13.66	-12.16	-6.61
Interest & Investment Income	3.92	9.42	8.85	5.77	2.35
Currency Exchange Gain (Loss)	-	26.34	8	17.62	2.27
Other Non Operating Income (Expenses)	-4.78	12.12	4.7	9.07	11.51
EBT Excluding Unusual Items	238.64	134.82	118.61	141.44	87.5
Gain (Loss) on Sale of Assets	-	-1.64	-1.98	-0.09	-0.3
Other Unusual Items	-	0.01	0	-	-
Pretax Income	238.64	133.19	116.63	141.36	87.2
Income Tax Expense	58.28	35.96	26.04	27.53	14.4
Earnings From Continuing Operations	180.36	97.23	90.59	113.82	72.8
Minority Interest in Earnings	0.55	-0.59	-2.91	0.88	-0.64
Net Income	180.9	96.64	87.69	114.7	72.16
Net Income to Common	180.9	96.64	87.69	114.7	72.16
Net Income Growth	87.19%	10.21%	-23.55%	58.95%	72.15%
Shares Outstanding (Basic)	45	45	45	45	45
Shares Outstanding (Diluted)	45	45	45	45	45
Shares Change (YoY)	0.07%	-0.01%	-0.05%	0.17%	0.10%
EPS (Basic)	4.02	2.15	1.95	2.55	1.60
EPS (Diluted)	4.00	2.14	1.94	2.54	1.60
EPS Growth	86.92%	10.31%	-23.62%	58.75%	72.04%
Free Cash Flow	363.58	38.62	333.03	104.62	-236.76
Free Cash Flow Per Share	8.04	0.85	7.37	2.31	-5.24
Dividend Per Share	-	2.000	2.000	2.000	1.250
Dividend Growth	-	-	-	60.00%	25.00%
Gross Margin	29.74%	26.42%	25.55%	23.67%	21.24%
Operating Margin	7.47%	3.28%	3.79%	3.96%	2.61%
Profit Margin	5.39%	3.20%	3.00%	3.75%	2.42%
Free Cash Flow Margin	10.84%	1.28%	11.39%	3.42%	-7.93%
EBITDA	325.34	161.29	172.79	182.98	137.84
EBITDA Margin	9.70%	5.33%	5.91%	5.98%	4.62%
D&A For EBITDA	74.85	62.2	62.07	61.83	59.86
EBIT	250.49	99.09	110.72	121.16	77.98
EBIT Margin	7.47%	3.28%	3.79%	3.96%	2.61%
Effective Tax Rate	24.42%	27.00%	22.32%	19.48%	16.52%

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