Lanner Electronics 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	7,188	7,451	8,371	9,819	7,681
Revenue Growth (YoY)	-3.53%	-11.00%	-14.74%	27.84%	2.37%
Cost of Revenue	4,912	4,796	5,552	6,824	5,643
Gross Profit	2,276	2,655	2,819	2,995	2,038
Selling, General & Admin	1,032	1,058	1,016	1,093	840.11
Research & Development	620.23	619.11	642.07	726.37	565.46
Operating Expenses	1,647	1,677	1,658	1,806	1,413
Operating Income	628.39	977.5	1,161	1,189	624.94
Interest Expense	-4.72	-2.94	-10.5	-16.88	-16.18
Interest & Investment Income	71.45	78.71	59.15	15.8	7.05
Earnings From Equity Investments	-	-2.97	4.04	-	-
Currency Exchange Gain (Loss)	-	64.2	-34.99	48.05	14.27
Other Non Operating Income (Expenses)	27.62	29.18	23.39	37	32.53
EBT Excluding Unusual Items	722.73	1,144	1,202	1,273	662.6
Gain (Loss) on Sale of Investments	-	-0.18	-1.36	1.74	-
Gain (Loss) on Sale of Assets	-	-0.03	-1.46	1.48	0.28
Pretax Income	722.73	1,143	1,199	1,276	662.88
Income Tax Expense	80.59	252.66	211.78	273.07	109.17
Earnings From Continuing Operations	642.15	890.81	987.23	1,003	553.72
Minority Interest in Earnings	-	-	0.2	0.07	-7.33
Net Income	642.15	890.81	987.43	1,003	546.39
Net Income to Common	642.15	890.81	987.43	1,003	546.39
Net Income Growth	-27.91%	-9.79%	-1.58%	83.62%	-8.31%
Shares Outstanding (Basic)	147	146	130	125	125
Shares Outstanding (Diluted)	149	149	148	147	146
Shares Change (YoY)	0.09%	0.15%	1.22%	0.31%	12.66%
EPS (Basic)	4.38	6.10	7.57	8.03	4.39
EPS (Diluted)	4.32	6.00	6.69	6.89	3.78
EPS Growth	-28.00%	-10.31%	-2.90%	82.16%	-17.78%
Free Cash Flow	788.2	415.25	2,201	1,312	244.63
Free Cash Flow Per Share	5.30	2.80	14.84	8.96	1.68
Dividend Per Share	-	4.000	4.250	3.774	2.830
Dividend Growth	-	-5.88%	12.63%	33.33%	-9.09%
Gross Margin	31.66%	35.63%	33.67%	30.51%	26.53%
Operating Margin	8.74%	13.12%	13.87%	12.11%	8.14%
Profit Margin	8.93%	11.96%	11.79%	10.22%	7.11%
Free Cash Flow Margin	10.97%	5.57%	26.29%	13.36%	3.19%
EBITDA	750.75	1,066	1,265	1,286	718.84
EBITDA Margin	10.45%	14.30%	15.11%	13.10%	9.36%
D&A For EBITDA	122.36	88.16	104.23	97.18	93.9
EBIT	628.39	977.5	1,161	1,189	624.94
EBIT Margin	8.74%	13.12%	13.87%	12.11%	8.14%
Effective Tax Rate	11.15%	22.10%	17.66%	21.40%	16.47%

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