We & Win Diversification 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	610.18	5,715	518.06	86.53	1,439
Revenue Growth (YoY)	-89.32%	1003.21%	498.68%	-93.99%	554.20%
Cost of Revenue	485.05	4,198	408.83	59.13	1,075
Gross Profit	125.12	1,517	109.23	27.4	364.49
Selling, General & Admin	127.67	456.5	116.04	93.73	165.3
Other Operating Expenses	-	15.89	-	-	-
Operating Expenses	127.67	472.39	116.04	93.73	165.3
Operating Income	-2.54	1,045	-6.82	-66.33	199.19
Interest Expense	-106.6	-91.86	-92.22	-147.17	-117.22
Interest & Investment Income	-	10.61	7.2	2.58	0.73
Earnings From Equity Investments	-1.14	-	-	-	-
Other Non Operating Income (Expenses)	27.96	0.75	-47.66	66.75	52.01
EBT Excluding Unusual Items	-82.32	964.23	-139.49	-144.18	134.72
Pretax Income	-82.32	964.23	-139.49	-144.18	134.72
Income Tax Expense	17.71	193.42	6.24	0.03	1.07
Net Income	-100.03	770.81	-145.73	-144.21	133.65
Net Income to Common	-100.03	770.81	-145.73	-144.21	133.65
Shares Outstanding (Basic)	233	217	211	211	211
Shares Outstanding (Diluted)	233	218	211	211	211
Shares Change (YoY)	6.68%	3.28%	-	-0.11%	0.12%
EPS (Basic)	-0.43	3.55	-0.69	-0.68	0.63
EPS (Diluted)	-0.43	3.53	-0.69	-0.68	0.63
Free Cash Flow	-2,928	2,207	-970.67	-1,553	141.19
Free Cash Flow Per Share	-12.59	10.12	-4.60	-7.36	0.67
Dividend Per Share	-	0.850	-	-	0.400
Dividend Growth	-	-	-	-	33.33%
Gross Margin	20.51%	26.55%	21.08%	31.67%	25.33%
Operating Margin	-0.42%	18.28%	-1.32%	-76.65%	13.84%
Profit Margin	-16.39%	13.49%	-28.13%	-166.65%	9.29%
Free Cash Flow Margin	-479.81%	38.62%	-187.37%	-1794.80%	9.81%
EBITDA	3.55	1,045	-6.14	-65.72	199.74
EBITDA Margin	0.58%	18.29%	-1.18%	-75.94%	13.88%
D&A For EBITDA	6.09	0.69	0.68	0.61	0.55
EBIT	-2.54	1,045	-6.82	-66.33	199.19
EBIT Margin	-0.42%	18.28%	-1.32%	-76.65%	13.84%
Effective Tax Rate	-	20.06%	-	-	0.80%

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