Joy Industrial 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	1,008	1,253	937.32	1,474	1,574
Revenue Growth (YoY)	-19.56%	33.71%	-36.43%	-6.31%	41.17%
Cost of Revenue	772.58	1,009	850.14	1,179	1,206
Gross Profit	235.6	244.17	87.18	295.86	367.39
Selling, General & Admin	170.25	188.94	176.16	203.66	224.39
Research & Development	33.75	37.96	31.37	34.89	45.04
Operating Expenses	203.77	224.33	208.3	241.78	269.41
Operating Income	31.83	19.84	-121.12	54.09	97.98
Interest Expense	-23.6	-23.38	-19.72	-16.87	-15.18
Interest & Investment Income	1.98	0.82	2.88	0.42	0.4
Currency Exchange Gain (Loss)	-	6	0.11	23.53	-4.9
Other Non Operating Income (Expenses)	11.85	23.24	20.66	20.03	18.86
EBT Excluding Unusual Items	22.06	26.51	-117.19	81.19	97.17
Gain (Loss) on Sale of Assets	-	-0.07	0.14	0.36	-0.72
Asset Writedown	-	-1	-1	-1	-
Pretax Income	22.06	25.44	-118.05	80.55	96.45
Income Tax Expense	1.84	14.48	-5.5	29.14	6.79
Earnings From Continuing Operations	20.21	10.96	-112.56	51.41	89.66
Minority Interest in Earnings	-9.74	-8.83	0.28	-2.99	-1.84
Net Income	10.47	2.13	-112.28	48.42	87.83
Net Income to Common	10.47	2.13	-112.28	48.42	87.83
Net Income Growth	390.95%	-	-	-44.86%	132.51%
Shares Outstanding (Basic)	62	60	60	60	57
Shares Outstanding (Diluted)	62	60	60	60	57
Shares Change (YoY)	2.67%	-	-0.13%	5.89%	0.51%
EPS (Basic)	0.17	0.04	-1.87	0.81	1.55
EPS (Diluted)	0.17	0.04	-1.87	0.81	1.55
EPS Growth	378.20%	-	-	-47.93%	131.34%
Free Cash Flow	111.57	59.52	8.86	86.89	-27.49
Free Cash Flow Per Share	1.81	0.99	0.15	1.45	-0.48
Dividend Per Share	-	-	-	0.400	0.500
Dividend Growth	-	-	-	-20.00%	-8.34%
Gross Margin	23.37%	19.48%	9.30%	20.07%	23.34%
Operating Margin	3.16%	1.58%	-12.92%	3.67%	6.23%
Profit Margin	1.04%	0.17%	-11.98%	3.28%	5.58%
Free Cash Flow Margin	11.07%	4.75%	0.95%	5.89%	-1.75%
EBITDA	89.44	78.42	-57.51	119.03	163.54
EBITDA Margin	8.87%	6.26%	-6.13%	8.07%	10.39%
D&A For EBITDA	57.61	58.58	63.61	64.94	65.56
EBIT	31.83	19.84	-121.12	54.09	97.98
EBIT Margin	3.16%	1.58%	-12.92%	3.67%	6.23%
Effective Tax Rate	8.36%	56.91%	-	36.17%	7.04%

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