Leo Systems 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	4,694	3,896	3,458	6,645	3,591	3,549
Revenue Growth (YoY)	26.84%	12.68%	-47.97%	85.07%	1.18%	2.89%
Cost of Revenue	3,959	3,271	2,808	5,791	2,979	2,978
Gross Profit	734.36	624.88	649.48	854.26	611.57	570.73
Selling, General & Admin	452.91	445.43	444.77	495.93	392.78	387.07
Research & Development	51.17	40.84	40.02	39.35	36.52	38.25
Operating Expenses	508.39	488.18	464.55	552.87	431.67	427.54
Operating Income	225.97	136.7	184.93	301.39	179.9	143.19
Interest Expense	-2.49	-0.45	-4.64	-3.26	-1.07	-1.69
Interest & Investment Income	14.88	12.61	19.27	7.66	5.19	2.46
Earnings From Equity Investments	7.43	6.46	7.86	8.04	7.21	8.79
Other Non Operating Income (Expenses)	1.67	16.39	21.39	37.06	33.88	57.4
EBT Excluding Unusual Items	247.46	171.7	228.81	350.89	225.11	210.15
Pretax Income	247.46	171.7	228.81	350.89	225.11	210.15
Income Tax Expense	38.37	26.37	40.23	65.54	38.61	37.24
Earnings From Continuing Operations	209.09	145.34	188.58	285.35	186.49	172.92
Minority Interest in Earnings	0.55	0.29	-0.14	0.02	-	-
Net Income	209.64	145.62	188.45	285.37	186.49	172.92
Net Income to Common	209.64	145.62	188.45	285.37	186.49	172.92
Net Income Growth	32.82%	-22.73%	-33.96%	53.02%	7.85%	3.73%
Shares Outstanding (Basic)	91	90	89	88	87	86
Shares Outstanding (Diluted)	93	93	92	90	89	88
Shares Change (YoY)	0.32%	0.79%	1.96%	1.33%	1.09%	0.64%
EPS (Basic)	2.30	1.61	2.12	3.24	2.14	2.01
EPS (Diluted)	2.25	1.57	2.05	3.16	2.10	1.96
EPS Growth	31.56%	-23.41%	-35.13%	50.48%	7.14%	2.62%
Free Cash Flow	121.67	470.23	1,115	-231.75	57	39.71
Free Cash Flow Per Share	1.31	5.07	12.13	-2.57	0.64	0.45
Dividend Per Share	1.498	1.498	2.100	2.500	1.850	1.690
Dividend Growth	-28.68%	-28.68%	-16.00%	35.13%	9.47%	12.67%
Gross Margin	15.65%	16.04%	18.78%	12.86%	17.03%	16.08%
Operating Margin	4.81%	3.51%	5.35%	4.54%	5.01%	4.04%
Profit Margin	4.47%	3.74%	5.45%	4.29%	5.19%	4.87%
Free Cash Flow Margin	2.59%	12.07%	32.25%	-3.49%	1.59%	1.12%
EBITDA	232.36	141.23	203.28	385.2	263.62	168.35
EBITDA Margin	4.95%	3.62%	5.88%	5.80%	7.34%	4.74%
D&A For EBITDA	6.39	4.53	18.36	83.81	83.72	25.16
EBIT	225.97	136.7	184.93	301.39	179.9	143.19
EBIT Margin	4.81%	3.51%	5.35%	4.54%	5.01%	4.04%
Effective Tax Rate	15.51%	15.35%	17.58%	18.68%	17.15%	17.72%

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