We & Win Diversification 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	1,880	5,715	518.06	86.53	1,439	219.99
Revenue Growth (YoY)	-59.54%	1003.21%	498.68%	-93.99%	554.20%	-77.51%
Cost of Revenue	1,568	4,198	408.83	59.13	1,075	174.62
Gross Profit	311.91	1,517	109.23	27.4	364.49	45.38
Selling, General & Admin	199.67	456.5	116.04	93.73	165.3	89.11
Other Operating Expenses	15.89	15.89	-	-	-	-
Operating Expenses	215.55	472.39	116.04	93.73	165.3	89.11
Operating Income	96.36	1,045	-6.82	-66.33	199.19	-43.73
Interest Expense	-91.52	-91.86	-92.22	-147.17	-117.22	-63.52
Interest & Investment Income	26.38	10.61	7.2	2.58	0.73	0.68
Earnings From Equity Investments	-0.24	-	-	-	-	-
Other Non Operating Income (Expenses)	1.5	0.75	-47.66	66.75	52.01	1.22
EBT Excluding Unusual Items	32.47	964.23	-139.49	-144.18	134.72	-105.34
Pretax Income	32.47	964.23	-139.49	-144.18	134.72	-105.34
Income Tax Expense	2.59	193.42	6.24	0.03	1.07	0.58
Net Income	29.88	770.81	-145.73	-144.21	133.65	-105.92
Net Income to Common	29.88	770.81	-145.73	-144.21	133.65	-105.92
Net Income Growth	-95.59%	-	-	-	-	-
Shares Outstanding (Basic)	231	217	211	211	211	211
Shares Outstanding (Diluted)	232	218	211	211	211	211
Shares Change (YoY)	9.02%	3.28%	-	-0.11%	0.12%	-
EPS (Basic)	0.13	3.55	-0.69	-0.68	0.63	-0.50
EPS (Diluted)	0.13	3.53	-0.69	-0.68	0.63	-0.50
EPS Growth	-95.95%	-	-	-	-	-
Free Cash Flow	-2,220	2,207	-970.67	-1,553	141.19	-1,892
Free Cash Flow Per Share	-9.58	10.12	-4.60	-7.36	0.67	-8.96
Dividend Per Share	0.850	0.850	-	-	0.400	0.300
Dividend Growth	-	-	-	-	33.33%	-
Gross Margin	16.59%	26.55%	21.08%	31.67%	25.33%	20.63%
Operating Margin	5.13%	18.28%	-1.32%	-76.65%	13.84%	-19.88%
Profit Margin	1.59%	13.49%	-28.13%	-166.65%	9.29%	-48.14%
Free Cash Flow Margin	-118.09%	38.62%	-187.37%	-1794.80%	9.81%	-860.21%
EBITDA	97.03	1,045	-6.14	-65.72	199.74	-43.23
EBITDA Margin	5.16%	18.29%	-1.18%	-75.94%	13.88%	-19.65%
D&A For EBITDA	0.67	0.69	0.68	0.61	0.55	0.49
EBIT	96.36	1,045	-6.82	-66.33	199.19	-43.73
EBIT Margin	5.13%	18.28%	-1.32%	-76.65%	13.84%	-19.88%
Effective Tax Rate	7.98%	20.06%	-	-	0.80%	-

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