Leo Systems 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	4,385	3,896	3,458	6,645	3,591
Revenue Growth (YoY)	12.56%	12.68%	-47.97%	85.07%	1.18%
Cost of Revenue	3,616	3,271	2,808	5,791	2,979
Gross Profit	768.92	624.88	649.48	854.26	611.57
Selling, General & Admin	490.7	445.43	444.77	495.93	392.78
Research & Development	56.92	40.84	40.02	39.35	36.52
Operating Expenses	544.22	488.18	464.55	552.87	431.67
Operating Income	224.71	136.7	184.93	301.39	179.9
Interest Expense	-2.59	-0.45	-4.64	-3.26	-1.07
Interest & Investment Income	15.36	12.61	19.27	7.66	5.19
Earnings From Equity Investments	6.88	6.46	7.86	8.04	7.21
Other Non Operating Income (Expenses)	16.76	16.39	21.39	37.06	33.88
EBT Excluding Unusual Items	261.1	171.7	228.81	350.89	225.11
Pretax Income	261.1	171.7	228.81	350.89	225.11
Income Tax Expense	46.67	26.37	40.23	65.54	38.61
Earnings From Continuing Operations	214.43	145.34	188.58	285.35	186.49
Minority Interest in Earnings	0.49	0.29	-0.14	0.02	-
Net Income	214.91	145.62	188.45	285.37	186.49
Net Income to Common	214.91	145.62	188.45	285.37	186.49
Net Income Growth	47.58%	-22.73%	-33.96%	53.02%	7.85%
Shares Outstanding (Basic)	91	90	89	88	87
Shares Outstanding (Diluted)	93	93	92	90	89
Shares Change (YoY)	0.39%	0.79%	1.96%	1.33%	1.09%
EPS (Basic)	2.35	1.61	2.12	3.24	2.14
EPS (Diluted)	2.31	1.57	2.05	3.16	2.10
EPS Growth	47.13%	-23.41%	-35.13%	50.48%	7.14%
Free Cash Flow	342.22	470.23	1,115	-231.75	57
Free Cash Flow Per Share	3.68	5.07	12.13	-2.57	0.64
Dividend Per Share	-	1.498	2.100	2.500	1.850
Dividend Growth	-	-28.68%	-16.00%	35.13%	9.47%
Gross Margin	17.53%	16.04%	18.78%	12.86%	17.03%
Operating Margin	5.12%	3.51%	5.35%	4.54%	5.01%
Profit Margin	4.90%	3.74%	5.45%	4.29%	5.19%
Free Cash Flow Margin	7.80%	12.07%	32.25%	-3.49%	1.59%
EBITDA	248.71	141.23	203.28	385.2	263.62
EBITDA Margin	5.67%	3.62%	5.88%	5.80%	7.34%
D&A For EBITDA	24.01	4.53	18.36	83.81	83.72
EBIT	224.71	136.7	184.93	301.39	179.9
EBIT Margin	5.12%	3.51%	5.35%	4.54%	5.01%
Effective Tax Rate	17.88%	15.35%	17.58%	18.68%	17.15%

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