Kwan's International 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	1,105	699.09	672.3	55.98	19.28	60.83
Revenue Growth (YoY)	72.17%	3.98%	1100.87%	190.31%	-68.30%	-78.64%
Cost of Revenue	1,064	621.33	548.42	54.26	14.18	40.59
Gross Profit	41.57	77.75	123.87	1.73	5.1	20.24
Selling, General & Admin	62.87	69.91	73.09	60.07	59.54	52.46
Operating Expenses	57.37	72.78	73.09	60.07	59.54	52.46
Operating Income	-15.8	4.97	50.78	-58.34	-54.44	-32.21
Interest Expense	-0	-0	-0	-0	-0	-0.01
Interest & Investment Income	5.71	4.7	9.7	2.92	1.96	2.82
Currency Exchange Gain (Loss)	-27.77	23.92	3.4	3.75	-2.74	-1.72
Other Non Operating Income (Expenses)	4.68	4.71	0.6	4.02	-4.26	6.69
EBT Excluding Unusual Items	-33.18	38.3	64.48	-47.66	-59.48	-24.44
Gain (Loss) on Sale of Investments	-11.54	-17.22	-2.3	6.95	-2.75	-90.04
Gain (Loss) on Sale of Assets	0	0.39	-	1.43	-	-
Asset Writedown	-	-	-	-	-9.44	-
Other Unusual Items	-	-	-	0	-	-
Pretax Income	-44.72	21.47	62.18	-39.28	-71.67	-114.47
Income Tax Expense	-1.38	-10.39	-0.36	0.44	-	-1.22
Net Income	-43.34	31.86	62.54	-39.72	-71.67	-113.25
Net Income to Common	-43.34	31.86	62.54	-39.72	-71.67	-113.25
Net Income Growth	-	-49.05%	-	-	-	-
Shares Outstanding (Basic)	115	114	114	114	114	115
Shares Outstanding (Diluted)	115	114	114	114	114	115
Shares Change (YoY)	0.06%	-0.01%	0.02%	-	-0.80%	3.08%
EPS (Basic)	-0.38	0.28	0.55	-0.35	-0.63	-0.98
EPS (Diluted)	-0.38	0.28	0.55	-0.35	-0.63	-0.98
EPS Growth	-	-49.05%	-	-	-	-
Free Cash Flow	-90.2	-125.06	-96.61	-71.37	-47.96	-25.27
Free Cash Flow Per Share	-0.79	-1.09	-0.84	-0.62	-0.42	-0.22
Dividend Per Share	-	-	0.168	-	-	-
Gross Margin	3.76%	11.12%	18.43%	3.08%	26.47%	33.28%
Operating Margin	-1.43%	0.71%	7.55%	-104.21%	-282.28%	-52.96%
Profit Margin	-3.92%	4.56%	9.30%	-70.94%	-371.66%	-186.18%
Free Cash Flow Margin	-8.16%	-17.89%	-14.37%	-127.47%	-248.70%	-41.55%
EBITDA	15.65	34.61	77.34	-51.18	-45.63	-25.35
EBITDA Margin	1.42%	4.95%	11.50%	-91.42%	-236.60%	-41.67%
D&A For EBITDA	31.45	29.64	26.56	7.16	8.81	6.87
EBIT	-15.8	4.97	50.78	-58.34	-54.44	-32.21
EBIT Margin	-1.43%	0.71%	7.55%	-104.21%	-282.28%	-52.96%

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