Securitag Assembly Group 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	1,583	1,491	1,426	1,315	1,088	993.1
Revenue Growth (YoY)	13.36%	4.55%	8.43%	20.91%	9.52%	-1.79%
Cost of Revenue	1,091	1,056	990.87	898.59	775.88	717.47
Gross Profit	492.35	434.47	435.08	416.5	311.8	275.63
Selling, General & Admin	154.15	144	157.7	126.45	103.3	91.11
Research & Development	84.22	83.47	80.92	84.85	77.04	66.04
Operating Expenses	237.98	227.37	238.3	211.74	180.25	156.98
Operating Income	254.37	207.1	196.78	204.76	131.55	118.65
Interest Expense	-13.49	-13.49	-4.62	-0.06	-0.09	-0.19
Interest & Investment Income	9.16	8.57	6.33	2.32	0.94	1.53
Currency Exchange Gain (Loss)	-14.77	16.14	-0.02	12.28	-9.27	-7.81
Other Non Operating Income (Expenses)	9.76	8.89	9.95	17.32	14.99	6.26
EBT Excluding Unusual Items	245.04	227.2	208.42	236.62	138.12	118.44
Gain (Loss) on Sale of Assets	0.33	0.33	-0.4	-	-	-
Pretax Income	245.37	227.53	208.02	236.62	138.12	118.44
Income Tax Expense	49.61	43.61	38.25	46.2	25.41	22.5
Net Income	195.76	183.93	169.78	190.42	112.71	95.94
Net Income to Common	195.76	183.93	169.78	190.42	112.71	95.94
Net Income Growth	34.71%	8.33%	-10.84%	68.95%	17.48%	22.94%
Shares Outstanding (Basic)	42	42	42	42	37	36
Shares Outstanding (Diluted)	42	42	42	42	37	36
Shares Change (YoY)	0.03%	0.02%	-0.05%	13.37%	4.76%	0.02%
EPS (Basic)	4.63	4.35	4.02	4.50	3.02	2.69
EPS (Diluted)	4.61	4.34	4.01	4.49	3.02	2.69
EPS Growth	34.10%	8.23%	-10.69%	48.68%	12.27%	22.83%
Free Cash Flow	279.07	220.83	-147.87	-190.09	-153.44	70.29
Free Cash Flow Per Share	6.59	5.21	-3.49	-4.49	-4.11	1.97
Dividend Per Share	2.200	2.200	2.000	2.200	1.500	1.300
Dividend Growth	10.00%	10.00%	-9.09%	46.67%	15.38%	18.18%
Gross Margin	31.11%	29.14%	30.51%	31.67%	28.67%	27.76%
Operating Margin	16.07%	13.89%	13.80%	15.57%	12.09%	11.95%
Profit Margin	12.37%	12.34%	11.91%	14.48%	10.36%	9.66%
Free Cash Flow Margin	17.63%	14.81%	-10.37%	-14.46%	-14.11%	7.08%
EBITDA	348.42	299.25	262.81	261.81	184.19	165.11
EBITDA Margin	22.01%	20.07%	18.43%	19.91%	16.93%	16.63%
D&A For EBITDA	94.05	92.15	66.03	57.05	52.65	46.45
EBIT	254.37	207.1	196.78	204.76	131.55	118.65
EBIT Margin	16.07%	13.89%	13.80%	15.57%	12.09%	11.95%
Effective Tax Rate	20.22%	19.16%	18.39%	19.52%	18.40%	19.00%

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