LEATEC Fine Ceramics 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	992.14	1,004	824.03	783.51	1,033
Revenue Growth (YoY)	-1.13%	21.78%	5.17%	-24.18%	18.60%
Cost of Revenue	866.29	848.7	700.69	614.53	711.27
Gross Profit	125.85	154.81	123.34	168.98	322.16
Selling, General & Admin	251.83	222.45	478.77	247.18	160.38
Research & Development	72.45	63.98	70.93	54.46	57.11
Operating Expenses	328.67	275.94	560.09	299.77	222.97
Operating Income	-202.82	-121.13	-436.75	-130.79	99.19
Interest Expense	-68.82	-55.73	-53.86	-49.65	-47.75
Interest & Investment Income	6.74	5.94	6.06	7.59	0.65
Earnings From Equity Investments	5.13	14.65	2.72	-5.32	-5.45
Currency Exchange Gain (Loss)	-	12.54	-18.53	-0.7	-2.95
Other Non Operating Income (Expenses)	347.03	67.5	311.24	87.21	41.56
EBT Excluding Unusual Items	87.26	-76.23	-189.12	-91.67	85.27
Gain (Loss) on Sale of Investments	-	1.01	-17.69	-1.72	-
Gain (Loss) on Sale of Assets	-	-4.96	530.96	68.97	-0.59
Asset Writedown	-	22.55	-228.31	-	-
Other Unusual Items	-	-	-	0.01	-0.01
Pretax Income	87.26	-57.63	95.85	-24.42	84.67
Income Tax Expense	36.26	11.67	34.49	9.06	33.83
Net Income	51	-69.3	61.36	-33.48	50.83
Net Income to Common	51	-69.3	61.36	-33.48	50.83
Shares Outstanding (Basic)	109	108	108	108	108
Shares Outstanding (Diluted)	109	108	108	108	108
Shares Change (YoY)	0.40%	-0.03%	-	0.03%	-
EPS (Basic)	0.47	-0.64	0.57	-0.31	0.47
EPS (Diluted)	0.47	-0.64	0.57	-0.31	0.47
Free Cash Flow	-278.34	-224.96	-420.26	-248.45	-111.1
Free Cash Flow Per Share	-2.56	-2.08	-3.89	-2.30	-1.03
Dividend Per Share	-	-	0.400	-	-
Gross Margin	12.68%	15.43%	14.97%	21.57%	31.17%
Operating Margin	-20.44%	-12.07%	-53.00%	-16.69%	9.60%
Profit Margin	5.14%	-6.91%	7.45%	-4.27%	4.92%
Free Cash Flow Margin	-28.05%	-22.42%	-51.00%	-31.71%	-10.75%
EBITDA	-66.09	-2.18	-330.86	-20.78	207.27
EBITDA Margin	-6.66%	-0.22%	-40.15%	-2.65%	20.06%
D&A For EBITDA	136.73	118.95	105.89	110.01	108.08
EBIT	-202.82	-121.13	-436.75	-130.79	99.19
EBIT Margin	-20.44%	-12.07%	-53.00%	-16.69%	9.60%
Effective Tax Rate	41.55%	-	35.98%	-	39.96%

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