Grand-Tek Technology Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,147	937.72	807.62	1,131	920.02	522
Revenue Growth (YoY)	37.04%	16.11%	-28.56%	22.88%	76.25%	10.89%
Cost of Revenue	777.17	623.49	564.05	773.78	646.45	337.22
Gross Profit	370.06	314.24	243.57	356.75	273.57	184.78
Selling, General & Admin	177.39	168.05	152.59	173.41	127.19	85.95
Research & Development	58.19	59.33	50.67	44.34	33.07	25.95
Operating Expenses	234.99	227.38	203.25	217.75	160.26	111.9
Operating Income	135.06	86.85	40.32	139	113.31	72.87
Interest Expense	-3.12	-3.55	-4.08	-3.86	-3.85	-3.26
Interest & Investment Income	2.88	2.66	2.43	1.27	0.43	1.8
Currency Exchange Gain (Loss)	-0.42	16.84	-0.01	20.72	-4.05	-12.97
Other Non Operating Income (Expenses)	2.46	1.07	0.85	1.3	0.8	3.77
EBT Excluding Unusual Items	136.87	103.88	39.51	158.42	106.64	62.22
Gain (Loss) on Sale of Investments	1.12	1.12	0.97	-	-	-
Gain (Loss) on Sale of Assets	-0.02	-0.11	-0	0.14	0.02	-0.13
Pretax Income	137.97	104.89	40.47	158.56	106.66	62.09
Income Tax Expense	28.57	20.84	5.46	35.51	21.31	13.32
Net Income	109.4	84.05	35.01	123.04	85.35	48.77
Net Income to Common	109.4	84.05	35.01	123.04	85.35	48.77
Net Income Growth	113.92%	140.09%	-71.55%	44.16%	75.01%	-56.24%
Shares Outstanding (Basic)	30	30	30	30	30	29
Shares Outstanding (Diluted)	30	30	30	30	30	29
Shares Change (YoY)	0.30%	0.17%	-0.55%	1.08%	1.70%	0.14%
EPS (Basic)	3.65	2.80	1.17	4.10	2.87	1.66
EPS (Diluted)	3.62	2.79	1.16	4.06	2.85	1.66
EPS Growth	112.83%	140.52%	-71.43%	42.33%	72.28%	-56.28%
Free Cash Flow	119.96	134.08	17.62	194.75	40.74	-9.56
Free Cash Flow Per Share	3.97	4.44	0.58	6.43	1.36	-0.33
Dividend Per Share	2.300	2.300	0.800	1.885	2.459	1.230
Dividend Growth	187.50%	187.50%	-57.56%	-23.34%	100.00%	-28.57%
Gross Margin	32.26%	33.51%	30.16%	31.56%	29.73%	35.40%
Operating Margin	11.77%	9.26%	4.99%	12.29%	12.32%	13.96%
Profit Margin	9.54%	8.96%	4.33%	10.88%	9.28%	9.34%
Free Cash Flow Margin	10.46%	14.30%	2.18%	17.23%	4.43%	-1.83%
EBITDA	161.44	111.68	63.87	160.72	131.77	90.62
EBITDA Margin	14.07%	11.91%	7.91%	14.22%	14.32%	17.36%
D&A For EBITDA	26.37	24.83	23.55	21.72	18.46	17.75
EBIT	135.06	86.85	40.32	139	113.31	72.87
EBIT Margin	11.77%	9.26%	4.99%	12.29%	12.32%	13.96%
Effective Tax Rate	20.71%	19.87%	13.50%	22.40%	19.98%	21.45%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.