EASYCARD 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	1,975	1,964	1,928	1,656	1,626
Revenue Growth (YoY)	0.54%	1.89%	16.40%	1.87%	9.06%
Cost of Revenue	881.07	926.07	891.77	822.89	834.85
Gross Profit	1,094	1,038	1,036	833.42	791
Selling, General & Admin	899.08	827.13	819.72	710.36	703.18
Research & Development	104.58	103.88	93.03	90.32	71.76
Other Operating Expenses	39.49	30.86	20.42	2.49	7.81
Operating Expenses	1,083	963.34	940.28	806.28	785.5
Operating Income	11.03	74.96	95.9	27.13	5.49
Interest Expense	-1.08	-1.34	-1.4	-1.63	-0.82
Interest & Investment Income	240.23	199.94	148.7	43.47	42.09
Other Non Operating Income (Expenses)	93.07	6.1	0.92	2.63	4.8
EBT Excluding Unusual Items	343.25	279.66	244.12	71.6	51.56
Gain (Loss) on Sale of Assets	-	-	1.82	0.41	-0.12
Other Unusual Items	-	-	-	-	-0.3
Pretax Income	343.25	279.66	245.94	72.01	51.14
Income Tax Expense	45.8	46.7	44.73	11.69	10.36
Net Income	297.44	232.96	201.21	60.32	40.79
Net Income to Common	297.44	232.96	201.21	60.32	40.79
Net Income Growth	27.68%	15.78%	233.55%	47.89%	-63.55%
Shares Outstanding (Basic)	71	70	70	70	70
Shares Outstanding (Diluted)	72	72	72	70	70
Shares Change (YoY)	0.47%	-0.32%	2.78%	-	-
EPS (Basic)	4.20	3.33	2.87	0.86	0.58
EPS (Diluted)	4.13	3.25	2.80	0.86	0.58
EPS Growth	27.08%	16.07%	224.92%	47.89%	-63.55%
Free Cash Flow	356.84	571.23	301.75	109.47	300.95
Free Cash Flow Per Share	4.95	7.96	4.19	1.56	4.30
Dividend Per Share	2.280	2.980	2.620	0.750	0.186
Dividend Growth	-23.49%	13.74%	249.33%	304.15%	-87.71%
Gross Margin	55.39%	52.86%	53.74%	50.32%	48.65%
Operating Margin	0.56%	3.82%	4.97%	1.64%	0.34%
Profit Margin	15.06%	11.86%	10.44%	3.64%	2.51%
Free Cash Flow Margin	18.07%	29.08%	15.65%	6.61%	18.51%
EBITDA	97.87	169.36	196.34	142.34	122.23
EBITDA Margin	4.96%	8.62%	10.18%	8.59%	7.52%
D&A For EBITDA	86.84	94.4	100.43	115.2	116.74
EBIT	11.03	74.96	95.9	27.13	5.49
EBIT Margin	0.56%	3.82%	4.97%	1.64%	0.34%
Effective Tax Rate	13.34%	16.70%	18.19%	16.23%	20.25%

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