Mutual-Tek Industries 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	3,162	2,862	2,008	1,913	1,640
Revenue Growth (YoY)	10.47%	42.54%	4.96%	16.66%	-35.45%
Cost of Revenue	2,725	2,466	1,773	1,654	1,624
Gross Profit	436.46	396.33	234.31	259.44	16.07
Selling, General & Admin	178.94	192.38	140.33	138.72	153.02
Research & Development	116.21	107.93	76.59	78.39	61.01
Operating Expenses	295.15	300.31	216.92	217.11	214.28
Operating Income	141.31	96.02	17.39	42.33	-198.21
Interest Expense	-11	-11.65	-11.74	-20.59	-29.96
Interest & Investment Income	3.72	4.66	6.94	3.02	0.37
Currency Exchange Gain (Loss)	-	12.48	0.79	10.29	-6.12
Other Non Operating Income (Expenses)	29.08	6.28	7.96	2.49	46.89
EBT Excluding Unusual Items	163.11	107.79	21.35	37.55	-187.03
Gain (Loss) on Sale of Investments	-	1.67	1.6	-1.4	-0.39
Gain (Loss) on Sale of Assets	-	-6.84	5.38	-0.02	382.25
Asset Writedown	-	-	-	-3.26	-
Pretax Income	163.11	102.63	28.33	32.87	194.84
Income Tax Expense	48.65	2.58	-0.23	11.31	-11.93
Net Income	114.46	100.05	28.56	21.56	206.77
Net Income to Common	114.46	100.05	28.56	21.56	206.77
Net Income Growth	14.41%	250.34%	32.47%	-89.57%	-
Shares Outstanding (Basic)	75	75	75	75	79
Shares Outstanding (Diluted)	75	75	75	75	79
Shares Change (YoY)	-0.03%	0.18%	-0.21%	-4.98%	-0.16%
EPS (Basic)	1.52	1.33	0.38	0.29	2.62
EPS (Diluted)	1.52	1.33	0.38	0.29	2.61
EPS Growth	14.29%	250.00%	32.43%	-89.01%	-
Free Cash Flow	39.81	-83.8	-13.56	66.51	-319.78
Free Cash Flow Per Share	0.53	-1.11	-0.18	0.88	-4.03
Dividend Per Share	-	1.000	1.000	1.000	1.200
Dividend Growth	-	-	-	-16.67%	-
Gross Margin	13.80%	13.85%	11.67%	13.56%	0.98%
Operating Margin	4.47%	3.36%	0.87%	2.21%	-12.09%
Profit Margin	3.62%	3.50%	1.42%	1.13%	12.61%
Free Cash Flow Margin	1.26%	-2.93%	-0.68%	3.48%	-19.50%
EBITDA	257.05	214.46	158.24	185.93	-57.31
EBITDA Margin	8.13%	7.49%	7.88%	9.72%	-3.50%
D&A For EBITDA	115.74	118.44	140.85	143.6	140.9
EBIT	141.31	96.02	17.39	42.33	-198.21
EBIT Margin	4.47%	3.36%	0.87%	2.21%	-12.09%
Effective Tax Rate	29.83%	2.51%	-	34.42%	-
Revenue as Reported	-	-	-	-	1,640

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