Sysgration 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	3,394	3,110	3,279	3,404	2,455
Revenue Growth (YoY)	9.13%	-5.15%	-3.69%	38.69%	85.02%
Cost of Revenue	2,595	2,358	2,468	2,600	1,966
Gross Profit	798.48	751.83	810.87	804.55	488.53
Selling, General & Admin	444.2	347.23	354.25	296.48	218.84
Research & Development	377.1	329.46	256.26	201.63	189.41
Operating Expenses	815.47	698.94	610.5	500.44	404.93
Operating Income	-16.99	52.89	200.37	304.12	83.59
Interest Expense	-20.44	-18.83	-13.13	-8.47	-7.23
Interest & Investment Income	14.05	39.51	25.07	4.59	3.36
Earnings From Equity Investments	-	-5.21	-2.72	-	-
Currency Exchange Gain (Loss)	-	39.96	33.17	37.19	-2.31
Other Non Operating Income (Expenses)	50.68	6.02	10.39	2.97	17.42
EBT Excluding Unusual Items	27.3	114.35	253.16	340.4	94.84
Gain (Loss) on Sale of Investments	-	-0.79	-	0.46	0.5
Gain (Loss) on Sale of Assets	-	-1.33	0.17	-2.36	0.05
Other Unusual Items	-	0.16	2.4	0.01	-0.03
Pretax Income	27.3	112.39	255.73	338.5	95.35
Income Tax Expense	18.14	8.33	0.25	-	-
Earnings From Continuing Operations	9.16	104.05	255.48	338.5	95.35
Minority Interest in Earnings	43.78	11.99	-	-	-
Net Income	52.94	116.05	255.48	338.5	95.35
Net Income to Common	52.94	116.05	255.48	338.5	95.35
Net Income Growth	-54.38%	-54.58%	-24.52%	255.02%	-
Shares Outstanding (Basic)	196	191	182	159	154
Shares Outstanding (Diluted)	204	191	198	172	169
Shares Change (YoY)	6.55%	-3.53%	15.19%	1.58%	11.36%
EPS (Basic)	0.27	0.61	1.41	2.14	0.62
EPS (Diluted)	0.26	0.61	1.32	1.99	0.58
EPS Growth	-57.29%	-53.91%	-33.57%	240.34%	-
Free Cash Flow	-722	-210.1	354.92	22.34	-112.39
Free Cash Flow Per Share	-3.55	-1.10	1.79	0.13	-0.66
Dividend Per Share	-	0.701	0.700	-	-
Dividend Growth	-	0.10%	-	-	-
Gross Margin	23.53%	24.18%	24.73%	23.63%	19.90%
Operating Margin	-0.50%	1.70%	6.11%	8.93%	3.40%
Profit Margin	1.56%	3.73%	7.79%	9.94%	3.88%
Free Cash Flow Margin	-21.27%	-6.76%	10.82%	0.66%	-4.58%
EBITDA	201.34	184.6	295.75	374.47	147.17
EBITDA Margin	5.93%	5.94%	9.02%	11.00%	6.00%
D&A For EBITDA	218.33	131.71	95.38	70.35	63.58
EBIT	-16.99	52.89	200.37	304.12	83.59
EBIT Margin	-0.50%	1.70%	6.11%	8.93%	3.40%
Effective Tax Rate	66.44%	7.41%	0.10%	-	-

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