Bison 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	2,712	2,737	2,512	2,058	1,906
Revenue Growth (YoY)	-0.93%	8.97%	22.02%	7.96%	37.65%
Cost of Revenue	2,268	2,233	2,072	1,709	1,561
Gross Profit	443.48	504.37	439.38	348.93	345.07
Selling, General & Admin	184.82	186.32	160.99	142.5	136.74
Research & Development	87.37	90.48	87.13	81.08	73.78
Operating Expenses	272.09	276.74	248.77	223.47	211.06
Operating Income	171.39	227.63	190.62	125.46	134.01
Interest Expense	-5.17	-7.11	-5.38	-2.88	-2.58
Interest & Investment Income	5.3	6.9	3.9	0.37	0.04
Currency Exchange Gain (Loss)	-26.59	49.54	-11.96	19.15	-8.52
Other Non Operating Income (Expenses)	3.77	4.58	2.57	2.14	4.27
EBT Excluding Unusual Items	148.71	281.55	179.75	144.23	127.22
Gain (Loss) on Sale of Assets	-0.01	-0.64	-0.37	-0.22	-0.05
Pretax Income	148.7	280.91	179.38	144.02	127.16
Income Tax Expense	47.61	66.93	42.01	29.74	20.76
Net Income	101.1	213.98	137.37	114.28	106.4
Net Income to Common	101.1	213.98	137.37	114.28	106.4
Net Income Growth	-52.75%	55.77%	20.20%	7.41%	15.43%
Shares Outstanding (Basic)	54	54	54	54	54
Shares Outstanding (Diluted)	55	55	56	56	55
Shares Change (YoY)	-0.38%	-0.68%	-0.52%	0.84%	0.80%
EPS (Basic)	1.87	3.95	2.54	2.11	1.97
EPS (Diluted)	1.84	3.88	2.47	2.05	1.92
EPS Growth	-52.58%	57.08%	20.49%	6.77%	14.16%
Free Cash Flow	236.08	231.58	-82.68	136.72	-52.72
Free Cash Flow Per Share	4.30	4.20	-1.49	2.45	-0.95
Dividend Per Share	-	1.900	1.500	1.000	0.545
Dividend Growth	-	26.67%	50.00%	83.32%	-49.99%
Gross Margin	16.36%	18.43%	17.49%	16.95%	18.10%
Operating Margin	6.32%	8.32%	7.59%	6.09%	7.03%
Profit Margin	3.73%	7.82%	5.47%	5.55%	5.58%
Free Cash Flow Margin	8.71%	8.46%	-3.29%	6.64%	-2.77%
EBITDA	222.32	268.35	228.6	159.26	165.32
EBITDA Margin	8.20%	9.80%	9.10%	7.74%	8.67%
D&A For EBITDA	50.93	40.72	37.99	33.8	31.31
EBIT	171.39	227.63	190.62	125.46	134.01
EBIT Margin	6.32%	8.32%	7.59%	6.09%	7.03%
Effective Tax Rate	32.02%	23.82%	23.42%	20.65%	16.33%

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