Giga Solar Materials 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	5,812	6,355	2,958	5,655	7,632
Revenue Growth (YoY)	-8.54%	114.80%	-47.68%	-25.91%	-13.61%
Cost of Revenue	5,309	6,085	3,119	5,161	7,056
Gross Profit	502.96	270.21	-160.17	493.41	576.82
Selling, General & Admin	611.07	617.33	543.73	535.49	547.27
Research & Development	336.51	322.21	314.16	305.61	296.4
Operating Expenses	961.14	921.64	806.5	932.51	839.65
Operating Income	-458.18	-651.44	-966.66	-439.1	-262.83
Interest Expense	-88.48	-104.9	-52.65	-70.23	-79.27
Interest & Investment Income	16.67	57.46	55.95	10.52	4.96
Earnings From Equity Investments	-12.82	-62.2	-53.62	-30.65	-13.91
Currency Exchange Gain (Loss)	-97.41	163.54	-17.33	124.56	-78.07
Other Non Operating Income (Expenses)	52.24	31.61	24.76	-29.27	59.53
EBT Excluding Unusual Items	-587.97	-565.93	-1,010	-434.17	-369.57
Gain (Loss) on Sale of Investments	51.34	26.1	21.63	10.89	-
Gain (Loss) on Sale of Assets	-28.68	-108.32	0.8	-9.26	-39.35
Asset Writedown	-167.38	-136.16	-189.8	-84.31	-0.15
Other Unusual Items	-	0.01	3.11	0.11	-24.86
Pretax Income	-732.69	-784.29	-1,174	-516.74	-433.93
Income Tax Expense	59.22	44.44	29.05	55.29	11.95
Earnings From Continuing Operations	-791.92	-828.73	-1,203	-572.03	-445.88
Minority Interest in Earnings	92.03	312.97	392.28	76.88	70.42
Net Income	-699.89	-515.77	-810.58	-495.15	-375.46
Net Income to Common	-699.89	-515.77	-810.58	-495.15	-375.46
Shares Outstanding (Basic)	92	92	92	81	70
Shares Outstanding (Diluted)	92	92	92	81	70
Shares Change (YoY)	-	-	13.91%	14.68%	11.47%
EPS (Basic)	-7.62	-5.61	-8.82	-6.14	-5.34
EPS (Diluted)	-7.62	-5.61	-8.82	-6.14	-5.34
Free Cash Flow	-831.35	-2,676	-477.88	-757.98	260.34
Free Cash Flow Per Share	-9.05	-29.13	-5.20	-9.40	3.70
Gross Margin	8.65%	4.25%	-5.41%	8.72%	7.56%
Operating Margin	-7.88%	-10.25%	-32.67%	-7.76%	-3.44%
Profit Margin	-12.04%	-8.12%	-27.40%	-8.76%	-4.92%
Free Cash Flow Margin	-14.30%	-42.12%	-16.15%	-13.40%	3.41%
EBITDA	-160.09	-334.25	-663.35	-181.93	1.68
EBITDA Margin	-2.75%	-5.26%	-22.42%	-3.22%	0.02%
D&A For EBITDA	298.09	317.18	303.31	257.17	264.51
EBIT	-458.18	-651.44	-966.66	-439.1	-262.83
EBIT Margin	-7.88%	-10.25%	-32.67%	-7.76%	-3.44%

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