Top Union 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	3,401	3,270	3,660	3,295	2,549
Revenue Growth (YoY)	4.00%	-10.67%	11.10%	29.25%	15.23%
Cost of Revenue	2,825	2,652	3,110	2,705	2,184
Gross Profit	575.43	617.68	549.99	589.29	364.93
Selling, General & Admin	175.08	190.45	188.28	178.58	138.53
Research & Development	28.71	25.4	22.77	21.68	19.22
Operating Expenses	203.79	215.84	206.47	200.26	161.17
Operating Income	371.64	401.84	343.52	389.02	203.76
Interest Expense	-1.66	-2.26	-2.59	-5.8	-3.06
Interest & Investment Income	26.31	32.73	32.38	8.7	6.1
Currency Exchange Gain (Loss)	-9.29	41.61	2.73	26.13	-9.09
Other Non Operating Income (Expenses)	2.45	5.94	3.21	8.77	3.68
EBT Excluding Unusual Items	389.45	479.86	379.26	426.82	201.39
Gain (Loss) on Sale of Assets	2.73	0.46	8.32	0.83	4.01
Pretax Income	392.17	480.32	387.57	427.65	205.4
Income Tax Expense	84.68	99.74	90.83	98.22	42.86
Net Income	307.49	380.58	296.74	329.43	162.54
Net Income to Common	307.49	380.58	296.74	329.43	162.54
Net Income Growth	-19.20%	28.25%	-9.92%	102.68%	11.14%
Shares Outstanding (Basic)	154	154	154	154	136
Shares Outstanding (Diluted)	155	155	155	155	137
Shares Change (YoY)	0.02%	0.10%	-0.25%	13.20%	-0.23%
EPS (Basic)	2.00	2.48	1.93	2.14	1.19
EPS (Diluted)	1.99	2.46	1.92	2.12	1.19
EPS Growth	-19.11%	28.39%	-9.77%	78.59%	11.42%
Free Cash Flow	219.14	573.14	498.9	630.65	-278.61
Free Cash Flow Per Share	1.42	3.70	3.23	4.07	-2.04
Dividend Per Share	1.780	1.785	1.323	0.964	0.518
Dividend Growth	-0.28%	34.96%	37.20%	85.92%	-31.04%
Gross Margin	16.92%	18.89%	15.03%	17.89%	14.32%
Operating Margin	10.93%	12.29%	9.38%	11.81%	7.99%
Profit Margin	9.04%	11.64%	8.11%	10.00%	6.38%
Free Cash Flow Margin	6.44%	17.53%	13.63%	19.14%	-10.93%
EBITDA	466.09	502.88	446.25	485.74	288.89
EBITDA Margin	13.71%	15.38%	12.19%	14.74%	11.33%
D&A For EBITDA	94.45	101.04	102.73	96.71	85.13
EBIT	371.64	401.84	343.52	389.02	203.76
EBIT Margin	10.93%	12.29%	9.38%	11.81%	7.99%
Effective Tax Rate	21.59%	20.77%	23.44%	22.97%	20.87%

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