Azion 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
Operating Revenue	790.02	739.91	875.41	494.21	614.22	715.74
Other Revenue	16.21	14.66	9.62	10.28	17.62	22.29
Revenue	806.23	754.58	885.04	504.49	631.84	738.03
Revenue Growth (YoY)	6.53%	-14.74%	75.43%	-20.16%	-14.39%	4.37%
Cost of Revenue	619.62	579.11	649.74	354.52	470.69	576.35
Gross Profit	186.61	175.47	235.29	149.98	161.15	161.68
Selling, General & Admin	137.64	120.53	145.84	118.76	119.61	108.25
Research & Development	2.71	2.87	3.45	4.59	5.1	5.7
Operating Expenses	140.37	122.33	150.09	123.81	124.6	113.16
Operating Income	46.24	53.14	85.21	26.16	36.55	48.52
Interest Expense	-2.34	-1.66	-1.79	-1.45	-0.81	-1.69
Interest & Investment Income	6.31	5.73	4.65	4.04	2.86	2.46
Currency Exchange Gain (Loss)	-1.31	-1.25	0.28	6.76	0.65	-0.03
Other Non Operating Income (Expenses)	10.24	19.4	9.45	9.34	11.27	5.94
EBT Excluding Unusual Items	59.13	75.36	97.8	44.85	50.52	55.2
Gain (Loss) on Sale of Investments	2.74	10.86	-0.09	0.53	1	-0.03
Gain (Loss) on Sale of Assets	-	-	-0.08	0.26	3.78	-
Legal Settlements	-	-	-	2.51	-	-
Other Unusual Items	-	-	-	-	4.87	6.41
Pretax Income	61.88	86.21	97.63	48.14	60.16	61.58
Income Tax Expense	12.42	14.26	21.6	10.26	9.95	11.76
Earnings From Continuing Operations	49.46	71.96	76.03	37.89	50.22	49.82
Earnings From Discontinued Operations	-	-	-	-	-6.72	-
Net Income to Company	49.46	71.96	76.03	37.89	43.49	49.82
Minority Interest in Earnings	-	-	-	-	1.24	-
Net Income	49.46	71.96	76.03	37.89	44.74	49.82
Net Income to Common	49.46	71.96	76.03	37.89	44.74	49.82
Net Income Growth	-32.56%	-5.35%	100.66%	-15.31%	-10.19%	81.86%
Shares Outstanding (Basic)	47	47	46	46	46	45
Shares Outstanding (Diluted)	47	47	46	46	46	45
Shares Change (YoY)	0.26%	0.66%	1.43%	0.44%	1.12%	-1.34%
EPS (Basic)	1.06	1.54	1.64	0.83	0.98	1.11
EPS (Diluted)	1.06	1.54	1.64	0.83	0.98	1.10
EPS Growth	-32.41%	-6.07%	97.55%	-15.32%	-10.91%	83.33%
Free Cash Flow	3.55	14.08	68.71	106.67	74.4	61.38
Free Cash Flow Per Share	0.08	0.30	1.48	2.33	1.63	1.36
Dividend Per Share	1.380	1.380	1.200	0.750	1.000	0.810
Dividend Growth	15.00%	15.00%	60.00%	-25.00%	23.46%	161.29%
Gross Margin	23.15%	23.25%	26.59%	29.73%	25.50%	21.91%
Operating Margin	5.73%	7.04%	9.63%	5.19%	5.78%	6.57%
Profit Margin	6.13%	9.54%	8.59%	7.51%	7.08%	6.75%
Free Cash Flow Margin	0.44%	1.87%	7.76%	21.14%	11.77%	8.32%
EBITDA	50.43	57.02	88.39	28.35	38.09	49.77
EBITDA Margin	6.25%	7.56%	9.99%	5.62%	6.03%	6.74%
D&A For EBITDA	4.19	3.88	3.19	2.19	1.54	1.25
EBIT	46.24	53.14	85.21	26.16	36.55	48.52
EBIT Margin	5.73%	7.04%	9.63%	5.19%	5.78%	6.57%
Effective Tax Rate	20.07%	16.54%	22.12%	21.30%	16.53%	19.10%
Revenue as Reported	806.23	754.58	885.04	504.49	631.84	738.03

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