Jetbest 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	484.9	590.08	648.57	724.51	630.2
Revenue Growth (YoY)	-17.82%	-9.02%	-10.48%	14.96%	7.76%
Cost of Revenue	338.9	387.3	447.71	546.41	471.11
Gross Profit	146	202.78	200.86	178.1	159.1
Selling, General & Admin	89.1	88.93	87.16	83.7	79.08
Research & Development	51.36	49.92	51.45	56.76	55.04
Operating Expenses	140.46	138.85	138.61	140.45	134.13
Operating Income	5.54	63.93	62.26	37.65	24.97
Interest Expense	-2.3	-2.08	-1.96	-1.26	-0.72
Interest & Investment Income	2.5	2.51	1.79	0.38	0.12
Currency Exchange Gain (Loss)	-5.34	8.18	0.45	13.96	-1.45
Other Non Operating Income (Expenses)	4.23	3.43	5.37	5.49	4.79
EBT Excluding Unusual Items	4.64	75.97	67.91	56.22	27.71
Gain (Loss) on Sale of Investments	-0.32	-	-	-	-
Gain (Loss) on Sale of Assets	-0.68	-	0.09	-	0.14
Other Unusual Items	0.19	0.64	0.47	0.39	0.23
Pretax Income	3.84	76.61	68.47	56.61	28.08
Income Tax Expense	-5.24	11.91	12.25	12.23	6.21
Earnings From Continuing Operations	9.07	64.69	56.22	44.39	21.87
Minority Interest in Earnings	1.04	0.57	9.98	10.75	7.8
Net Income	10.11	65.26	66.2	55.13	29.67
Net Income to Common	10.11	65.26	66.2	55.13	29.67
Net Income Growth	-84.50%	-1.42%	20.07%	85.80%	-1.05%
Shares Outstanding (Basic)	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35
Shares Change (YoY)	-0.50%	-0.08%	-0.08%	0.36%	0.01%
EPS (Basic)	0.29	1.87	1.90	1.58	0.85
EPS (Diluted)	0.29	1.86	1.89	1.58	0.85
EPS Growth	-84.41%	-1.42%	19.76%	85.55%	-1.09%
Free Cash Flow	6.83	72.1	145.02	100.42	-38.15
Free Cash Flow Per Share	0.20	2.06	4.13	2.86	-1.09
Dividend Per Share	0.300	1.200	1.698	1.321	0.755
Dividend Growth	-75.00%	-29.33%	28.57%	75.01%	33.34%
Gross Margin	30.11%	34.37%	30.97%	24.58%	25.25%
Operating Margin	1.14%	10.83%	9.60%	5.20%	3.96%
Profit Margin	2.09%	11.06%	10.21%	7.61%	4.71%
Free Cash Flow Margin	1.41%	12.22%	22.36%	13.86%	-6.05%
EBITDA	49.23	108	105.48	81.23	70.65
EBITDA Margin	10.15%	18.30%	16.26%	11.21%	11.21%
D&A For EBITDA	43.68	44.07	43.22	43.59	45.68
EBIT	5.54	63.93	62.26	37.65	24.97
EBIT Margin	1.14%	10.83%	9.60%	5.20%	3.96%
Effective Tax Rate	-	15.55%	17.89%	21.60%	22.10%

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