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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,178	1,150	937.72	807.62	1,131	920.02
Revenue Growth (YoY)	19.88%	22.61%	16.11%	-28.56%	22.88%	76.25%
Cost of Revenue	790.55	776.77	623.49	564.05	773.78	646.45
Gross Profit	387.11	372.99	314.24	243.57	356.75	273.57
Selling, General & Admin	190.53	187.83	168.05	152.59	173.41	127.19
Research & Development	63.94	61.49	59.33	50.67	44.34	33.07
Operating Expenses	254.42	249.32	227.38	203.25	217.75	160.26
Operating Income	132.68	123.68	86.85	40.32	139	113.31
Interest Expense	-6.12	-4.08	-3.55	-4.08	-3.86	-3.85
Interest & Investment Income	4.23	3.4	2.66	2.43	1.27	0.43
Currency Exchange Gain (Loss)	-2.63	-2.63	16.84	-0.01	20.72	-4.05
Other Non Operating Income (Expenses)	-1.4	1.04	1.07	0.85	1.3	0.8
EBT Excluding Unusual Items	126.77	121.4	103.88	39.51	158.42	106.64
Gain (Loss) on Sale of Investments	7.36	7.36	1.12	0.97	-	-
Gain (Loss) on Sale of Assets	0.07	0.07	-0.11	-0	0.14	0.02
Pretax Income	134.2	128.84	104.89	40.47	158.56	106.66
Income Tax Expense	24.91	23.91	20.84	5.46	35.51	21.31
Net Income	109.3	104.93	84.05	35.01	123.04	85.35
Net Income to Common	109.3	104.93	84.05	35.01	123.04	85.35
Net Income Growth	24.84%	24.85%	140.09%	-71.55%	44.16%	75.01%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	31	30	30	30	30
Shares Change (YoY)	-0.60%	3.26%	0.17%	-0.55%	1.08%	1.70%
EPS (Basic)	3.64	3.50	2.80	1.17	4.10	2.87
EPS (Diluted)	3.64	3.41	2.79	1.16	4.06	2.85
EPS Growth	25.65%	22.11%	140.52%	-71.43%	42.33%	72.28%
Free Cash Flow	64.77	143.89	134.08	17.62	194.75	40.74
Free Cash Flow Per Share	2.16	4.62	4.44	0.58	6.43	1.36
Dividend Per Share	2.800	2.800	2.300	0.800	1.885	2.459
Dividend Growth	21.74%	21.74%	187.50%	-57.56%	-23.34%	100.00%
Gross Margin	32.87%	32.44%	33.51%	30.16%	31.56%	29.73%
Operating Margin	11.27%	10.76%	9.26%	4.99%	12.29%	12.32%
Profit Margin	9.28%	9.13%	8.96%	4.33%	10.88%	9.28%
Free Cash Flow Margin	5.50%	12.52%	14.30%	2.18%	17.23%	4.43%
EBITDA	159.61	150.89	111.68	63.87	160.72	131.77
EBITDA Margin	13.55%	13.12%	11.91%	7.91%	14.22%	14.32%
D&A For EBITDA	26.93	27.21	24.83	23.55	21.72	18.46
EBIT	132.68	123.68	86.85	40.32	139	113.31
EBIT Margin	11.27%	10.76%	9.26%	4.99%	12.29%	12.32%
Effective Tax Rate	18.56%	18.56%	19.87%	13.50%	22.40%	19.98%

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