Grand-Tek Technology 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	1,150	937.72	807.62	1,131	920.02
Revenue Growth (YoY)	22.61%	16.11%	-28.56%	22.88%	76.25%
Cost of Revenue	776.77	623.49	564.05	773.78	646.45
Gross Profit	372.99	314.24	243.57	356.75	273.57
Selling, General & Admin	187.83	168.05	152.59	173.41	127.19
Research & Development	61.49	59.33	50.67	44.34	33.07
Operating Expenses	249.32	227.38	203.25	217.75	160.26
Operating Income	123.68	86.85	40.32	139	113.31
Interest Expense	-4.08	-3.55	-4.08	-3.86	-3.85
Interest & Investment Income	3.4	2.66	2.43	1.27	0.43
Currency Exchange Gain (Loss)	-	16.84	-0.01	20.72	-4.05
Other Non Operating Income (Expenses)	5.84	1.07	0.85	1.3	0.8
EBT Excluding Unusual Items	128.84	103.88	39.51	158.42	106.64
Gain (Loss) on Sale of Investments	-	1.12	0.97	-	-
Gain (Loss) on Sale of Assets	-	-0.11	-0	0.14	0.02
Pretax Income	128.84	104.89	40.47	158.56	106.66
Income Tax Expense	23.91	20.84	5.46	35.51	21.31
Net Income	104.93	84.05	35.01	123.04	85.35
Net Income to Common	104.93	84.05	35.01	123.04	85.35
Net Income Growth	24.85%	140.09%	-71.55%	44.16%	75.01%
Shares Outstanding (Basic)	30	30	30	30	30
Shares Outstanding (Diluted)	31	30	30	30	30
Shares Change (YoY)	1.99%	0.17%	-0.55%	1.08%	1.70%
EPS (Basic)	3.50	2.80	1.17	4.10	2.87
EPS (Diluted)	3.41	2.79	1.16	4.06	2.85
EPS Growth	22.22%	140.52%	-71.43%	42.33%	72.28%
Free Cash Flow	143.89	134.08	17.62	194.75	40.74
Free Cash Flow Per Share	4.68	4.44	0.58	6.43	1.36
Dividend Per Share	2.800	2.300	0.800	1.885	2.459
Dividend Growth	21.74%	187.50%	-57.56%	-23.34%	100.00%
Gross Margin	32.44%	33.51%	30.16%	31.56%	29.73%
Operating Margin	10.76%	9.26%	4.99%	12.29%	12.32%
Profit Margin	9.13%	8.96%	4.33%	10.88%	9.28%
Free Cash Flow Margin	12.52%	14.30%	2.18%	17.23%	4.43%
EBITDA	166.11	111.68	63.87	160.72	131.77
EBITDA Margin	14.45%	11.91%	7.91%	14.22%	14.32%
D&A For EBITDA	42.43	24.83	23.55	21.72	18.46
EBIT	123.68	86.85	40.32	139	113.31
EBIT Margin	10.76%	9.26%	4.99%	12.29%	12.32%
Effective Tax Rate	18.56%	19.87%	13.50%	22.40%	19.98%

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