Kwan's International 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	999.77	699.09	672.3	55.98	19.28
Revenue Growth (YoY)	43.01%	3.98%	1100.87%	190.31%	-68.30%
Cost of Revenue	942.41	621.33	548.42	54.26	14.18
Gross Profit	57.36	77.75	123.87	1.73	5.1
Selling, General & Admin	62.7	69.91	73.09	60.07	59.54
Operating Expenses	60.42	72.78	73.09	60.07	59.54
Operating Income	-3.06	4.97	50.78	-58.34	-54.44
Interest Expense	-0.1	-0	-0	-0	-0
Interest & Investment Income	4.8	4.7	9.7	2.92	1.96
Currency Exchange Gain (Loss)	-29.94	23.92	3.4	3.75	-2.74
Other Non Operating Income (Expenses)	4.95	4.71	0.6	4.02	-4.26
EBT Excluding Unusual Items	-23.34	38.3	64.48	-47.66	-59.48
Gain (Loss) on Sale of Investments	-	-17.22	-2.3	6.95	-2.75
Gain (Loss) on Sale of Assets	0.62	0.39	-	1.43	-
Asset Writedown	-	-	-	-	-9.44
Other Unusual Items	-	-	-	0	-
Pretax Income	-22.72	21.47	62.18	-39.28	-71.67
Income Tax Expense	-1.31	-10.39	-0.36	0.44	-
Net Income	-21.41	31.86	62.54	-39.72	-71.67
Net Income to Common	-21.41	31.86	62.54	-39.72	-71.67
Net Income Growth	-	-49.05%	-	-	-
Shares Outstanding (Basic)	115	114	114	114	114
Shares Outstanding (Diluted)	115	114	114	114	114
Shares Change (YoY)	0.10%	-0.01%	0.02%	-	-0.80%
EPS (Basic)	-0.19	0.28	0.55	-0.35	-0.63
EPS (Diluted)	-0.19	0.28	0.55	-0.35	-0.63
EPS Growth	-	-49.05%	-	-	-
Free Cash Flow	-9.91	-125.06	-96.61	-71.37	-47.96
Free Cash Flow Per Share	-0.09	-1.09	-0.84	-0.62	-0.42
Dividend Per Share	-	-	0.168	-	-
Gross Margin	5.74%	11.12%	18.43%	3.08%	26.47%
Operating Margin	-0.31%	0.71%	7.55%	-104.21%	-282.28%
Profit Margin	-2.14%	4.56%	9.30%	-70.94%	-371.66%
Free Cash Flow Margin	-0.99%	-17.89%	-14.37%	-127.47%	-248.70%
EBITDA	23.38	34.61	77.34	-51.18	-45.63
EBITDA Margin	2.34%	4.95%	11.50%	-91.42%	-236.60%
D&A For EBITDA	26.43	29.64	26.56	7.16	8.81
EBIT	-3.06	4.97	50.78	-58.34	-54.44
EBIT Margin	-0.30%	0.71%	7.55%	-104.21%	-282.28%

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