P-Two Industries 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	1,829	1,919	1,756	1,955	2,197	2,034
Revenue Growth (YoY)	-2.31%	9.33%	-10.22%	-10.99%	7.99%	29.65%
Cost of Revenue	1,349	1,344	1,267	1,461	1,555	1,450
Gross Profit	479.53	574.82	488.61	494.7	641.78	584.12
Selling, General & Admin	277.19	283.08	255.06	259.51	266.57	243.71
Research & Development	199.12	214.64	200.31	207.21	205.83	181.91
Operating Expenses	476.31	497.73	455.37	466.72	472.4	425.62
Operating Income	3.22	77.09	33.23	27.98	169.38	158.5
Interest Expense	-13.54	-11.93	-10.29	-7.39	-6.32	-6.65
Interest & Investment Income	19.27	22	13.72	3.53	1.1	2.52
Currency Exchange Gain (Loss)	23.22	0.61	11.88	35.56	-0.48	-16.79
Other Non Operating Income (Expenses)	8.82	10.29	22.28	11.45	6.54	7.42
EBT Excluding Unusual Items	40.99	98.06	70.82	71.13	170.22	145
Gain (Loss) on Sale of Investments	0.82	-	-	-	0.46	-
Gain (Loss) on Sale of Assets	0.02	-	10.12	-	-	0.86
Pretax Income	41.83	98.06	80.94	71.13	170.68	145.86
Income Tax Expense	9.52	29.55	4.2	7.3	8.69	9.87
Net Income	32.3	68.51	76.74	63.82	161.99	135.99
Net Income to Common	32.3	68.51	76.74	63.82	161.99	135.99
Net Income Growth	-49.83%	-10.72%	20.23%	-60.60%	19.12%	300.55%
Shares Outstanding (Basic)	54	54	54	53	52	52
Shares Outstanding (Diluted)	54	55	54	54	54	53
Shares Change (YoY)	-0.08%	0.44%	0.46%	1.03%	1.11%	0.47%
EPS (Basic)	0.59	1.26	1.43	1.20	3.09	2.61
EPS (Diluted)	0.59	1.26	1.41	1.18	3.03	2.57
EPS Growth	-49.76%	-10.64%	19.49%	-61.06%	17.90%	298.69%
Free Cash Flow	-2.45	153.68	98.45	216.27	84.08	-46.99
Free Cash Flow Per Share	-0.04	2.82	1.81	4.00	1.57	-0.89
Dividend Per Share	1.015	1.015	1.000	1.100	1.000	0.500
Dividend Growth	1.48%	1.48%	-9.09%	10.00%	100.00%	66.67%
Gross Margin	26.22%	29.95%	27.83%	25.30%	29.22%	28.72%
Operating Margin	0.18%	4.02%	1.89%	1.43%	7.71%	7.79%
Profit Margin	1.77%	3.57%	4.37%	3.26%	7.37%	6.69%
Free Cash Flow Margin	-0.13%	8.01%	5.61%	11.06%	3.83%	-2.31%
EBITDA	180.74	253.52	209.58	193.59	323.68	274.23
EBITDA Margin	9.88%	13.21%	11.94%	9.90%	14.74%	13.48%
D&A For EBITDA	177.52	176.43	176.34	165.61	154.3	115.73
EBIT	3.22	77.09	33.23	27.98	169.38	158.5
EBIT Margin	0.18%	4.02%	1.89%	1.43%	7.71%	7.79%
Effective Tax Rate	22.77%	30.13%	5.19%	10.27%	5.09%	6.77%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.